What Can I Sell to Make Money as a Student? Amber’s Resale Enterprise

what can i sell to make money as a student Amber holding price sign

What can I sell to make money as a student? Amber’s “New From Old” enterprise is a real family example of how a young person can buy, clean, advertise and resell second-hand items for profit.

Instead of waiting for the perfect idea, Amber looked for useful items, solved simple problems for buyers and learned valuable business skills along the way.

what can i sell to make money as a student brainstorming resale ideas
Brainstorming ideas for a kids resale enterprise.

What Can I Sell to Make Money as a Student?

What can I sell to make money as a student? That is a question many kids and parents ask when they want a simple, practical business idea.

There are hundreds of possibilities. Yet when chatting to parents, they often tell me they would really like their kids to have a little business enterprise of their own, but they just can’t think of a good idea.

Here’s the tip: think about the problems or needs your local community has. Then ask whether a kids’ enterprise could be built around solving one of those problems.

Another angle is to consider what skill your child already has and how they could put that skill to good use.

Brainstorming What Students Can Sell

If your child is wondering, what can I sell to make money as a student?, start by brainstorming ideas on paper. Keep going until you have exhausted all possible ideas, whether or not you intend to use them.

Try asking neighbours what issues or problems they have and add these to your list.

Generally, people have time issues. That is where a business idea can begin. Not enough time to mow the lawn, clean large rubbish bins, chop wood, tend to the kids’ homework, clean windows, rake leaves, tutor younger children, pull weeds or clean the car — you get the picture.

If you are still stumped, this blog is full of real family enterprise stories and practical kids business ideas.

Amber’s “New From Old” Resale Enterprise

Amber’s “New From Old” enterprise has been going great guns right from the beginning. Her money jars are filling up, and really she hasn’t had to do much work at all.

She reached the goal she set a while back and is now preparing to take her business to another level. We’ll talk more about that in a later blog.

If you are new to our blog and haven’t yet followed Amber’s enterprise journey, you may like to start with Kids Business Ideas: Amber’s Kids Biz Program.

Amber’s resale enterprise in action:

what can i sell to make money as a student Amber resale enterprise sign
Recycling for profit
student resale business idea selling toddler ride-on toys
Toddler ride-on toys

Finding Things to Sell for Profit

Amber makes the fortnightly trip to the local Recycling and Waste Recovery Centre. It sells anything salvageable.

The guy who runs the place now knows Amber and understands that she is running her own business. Through this process, Amber has developed important skills in negotiating and connecting with a network.

When she identifies an opportunity, she confidently strikes up a deal with the Recycle Man.

Much of the stuff for sale is really not worth the effort to resell. It is a bit like looking for a gold nugget among the boulders. Over the months, Amber’s ability to pick profitable items has improved and she now has an eye for a bargain.

This is one reason the question, what can I sell to make money as a student?, is so useful. It teaches children to think carefully about value, demand and effort before spending their money.

student resale idea pet cage cleaned and sold for profit
Pet cage

Learning What Is Worth Buying

The items that can be resold are generally the ones that solve people’s problems. Pet cages, baby toys, storage items and exercise equipment are good examples.

These items need to be well presented and in good condition. Amber looks for opportunities that don’t require spending lots of time and money fixing them up.

Ideally, she buys things that just need a good clean, a lick of paint or a new set of batteries.

Amber has also learnt from her mistakes. She once bought a perfect condition four-man tent still in its new box for $10, only to discover later that it had no pegs or poles. Buying pegs and poles new would blow her costs out and leave her running at a loss.

That one was put down to experience. Does anyone have free pegs and poles?

what can i sell to make money as a student aquarium resale idea
Fish aquarium

What Can I Sell to Make Money as a Student? Research First

Sometimes Amber sees a possible opportunity but holds off buying it until she has done her research.

She works out what it will cost to repair or tidy up the item. Paint brushes, varnish, batteries, sandpaper and labour all need to be considered.

Then she looks at what others are selling similar items for online. By doing her research, Amber has a better idea of how much she can pay in order to make a reasonable profit.

For older students ready to take a business idea further, Business.gov.au has helpful information on starting a business when you’re under 18.

Writing Ads and Making Sales

Amber sells almost all her items on Buy and Sell Bunbury Facebook. She set up her own Facebook page for the sole purpose of participating in the buy-and-sell market.

She writes her own ads, uploads her own pictures and converses with customers online and on the telephone.

When a buyer arrives, Amber presents her goods and collects payment.

student selling online writing ads for resale items
Amber placing her adverts onto Buy & Sell Facebook with the gang watching on!

Real Examples of What Amber Sold

We’ve watched Amber continuously grow in confidence with her enterprise. She has found and built her own business around solving problems, using creativity and communicating with people.

Some of the items Amber acquired and on-sold for profit can be seen in the pictures on this blog.

The five outdoor toddler toys were bought for a good price. She scrubbed them, put new batteries in one, charged the battery in another and sold them all for $60.

The aquarium and pet cages just needed a clean, and she made a profit of $25.

student resale enterprise display shelves sold for profit
Display shelves

Her corner display required screwing together, and she made a profit of $20.

Her current project is a very large timber outdoor table. She paid $10 and hopes to sell it for a profit after sanding it back and varnishing it.

Amber has also been collecting succulent plants from friends. Her plan is to paint decorative ceramic pots and plant hardy succulents in them, then sell them at a market day.

What Students Can Learn from Amber’s Enterprise

This story is a practical answer to the question, what can I sell to make money as a student?

Amber’s answer was simple: find items people need, buy carefully, improve presentation, advertise clearly and communicate well with buyers.

She also talks about her goals, buying assets and gifting money in the original video clip. You can view it here: Amber reflecting on her business and goals.

Amber making a sale in her student resale enterprise
Amber making a sale!

It will be very interesting to see where her entrepreneurial journey takes her as she grows older. She loves writing, so maybe she will write a book about her journey one day.

Key takeaway: If your child is asking, “what can I sell to make money as a student?”, start with simple resale opportunities. Look for useful items, check the costs, solve a buyer’s problem and learn from each sale.

Where to Next?

If you enjoyed this family enterprise story, you may also like:

We would love to hear from you, so please leave a comment.

Honey Pot of Gold!

Flynn as a budding young entrepreneur with one of our family business ideas

Family business ideas can start with something simple, practical and close to home. For Flynn, that opportunity came through raw honey, a family connection and a very enterprising plan that helped him learn real money lessons.

This is the beginning of Flynn’s honey business story — a family enterprise project where he learnt about opportunity, product value, buying wholesale, selling retail, confidence and taking action.

Flynn as a budding young entrepreneur with one of our family business ideas
Flynn — a budding young entrepreneur with a family business idea.

Family Business Ideas: Flynn’s Honey Enterprise Begins

Flynn is a natural budding young entrepreneur and he is never afraid to chase an opportunity. He often comes up with brilliant enterprising ideas, and the idea he planned to take on with Enterprise for Kids was a definite money spinner.

Before I tell you all about Flynn’s awesome enterprising idea, I want to introduce some food for thought.

Why Family Business Ideas Need a Different Money Mindset

Prior to us starting Enterprise for Kids, our children were following the same conditioning around money that we had: earn money, spend money, borrow money. Society encourages this greatly.

Whilst many people may not see anything wrong with this, many of us actually spend far more than we have coming in. The cycle never gets broken, and by the time we reach retirement age, we have very little to show for the many years of hard work we have put in.

That is why building an entrepreneurial mindset is so important. Breaking old conditioned habits is even more important. The younger you are, the less conditioning you have.

So while we want to develop in our children a great work ethos — working hard and with integrity — we also want to help them move beyond that. We want them to learn how to spot an opportunity, take action and then help others achieve success as well.

This system moves a person from being the worker, to seeing an enterprising opportunity, to switching on their entrepreneurial self, to finally becoming the expert in their field.

This is exactly why we care so much about raising entrepreneurial kids and helping them learn through real-life projects. Family business ideas give children a safe, practical way to begin that learning at home.

Entrepreneurial Thinking Behind Family Business Ideas

An entrepreneur’s focus is in the development of a great system and finding great people to run it. They use other people’s time and other people’s money to do the work for them.

Their systems can continue even after they pass from this world. A classic example is Thomas Edison’s formula for General Electric. He is no longer with us, but his empire continues.

That is one of the powerful lessons behind family business ideas. Children can begin to see that a business is not just a product. It is also a system, a process and a way of creating value for other people.

A Queen Bee Is Entrepreneurial

Akaisha dressed as an enterprising queen bee showing how systems support family business ideas
Enterprising Queen Bee.

A Queen Bee most definitely comes under the bracket of entrepreneur. She controls her entire empire from within her hive.

Thousands of honey bees — the workers — head out of her hive each morning collecting nectar, pollen and other resources for the hive, such as water. The worker bees will risk life and limb and literally work themselves to death. A worker bee only lives a few weeks.

The Queen Bee will have employees whose main job is to guard the hive from danger. Others clean the hive and many fan the hive to keep the temperature controlled. The queen will have workers who care for the nursery and for her own needs.

All she has to do is eat and lay eggs!

A beehive is a unique system consisting of many specialised individuals that each have a job to do. The system performs like it is one large living organism. If the Queen dies, then she will be replaced by another Queen Bee, the workers keep working and the hive goes on.

Not a lot different to General Electric, Apple or Ford Motor Company!

Flynn’s Honey Family Business Idea

Flynn negotiating a honey deal with his Grandad for a family business idea
Flynn negotiating a honey deal with his Grandad.

So what has Flynn’s idea got to do with a Queen Bee?

Flynn’s enterprising idea has everything to do with our Queen Bee and her empire.

In fact, his plan was to use her company’s product: honey.

Flynn intended to buy raw, unprocessed honey at wholesale in bulk and sell it in smaller jars at retail. He worked out his figures and could see excellent profit potential.

Once his business got underway, he could also see the potential for it to grow quite substantially.

I won’t tell you any more about his plans here, but if you missed the link above, you can listen to Flynn himself in this short video of Flynn explaining his awesome enterprise idea and business plan.

This is one of those kids business ideas that starts small, but teaches a lot: product value, buying wholesale, selling retail, confidence, negotiation and understanding profit.

Why Raw Honey Was a Clever Family Business Product

Seeing as we are on the topic of honey, I thought I would share a few facts about honey, and in particular raw, unprocessed honey.

Raw, unprocessed honey is pure, natural, unpasteurised and unadulterated. It is extracted from the beehive in its natural form and bottled. It is not filtered or heated.

Unlike many processed honeys, raw honey can retain more of its natural qualities from the hive, including pollen, propolis, minerals and flavour.

Mmmm… appears to be a fantastic product!

For Flynn, the clever part was not just that honey was useful and delicious. The clever part was that he could understand the product, buy it in bulk, bottle it in smaller jars and sell it in a way that made sense to customers.

That is why this became such a useful example of family business ideas in action. It was simple enough for a child to understand, but rich enough to teach real lessons about value, pricing, supply, confidence and profit.

Flynn’s Honey Business Series

This article is Part 1 in Flynn’s honey business series, a family enterprise story about family business ideas, product value, money lessons and learning by doing.

These family enterprise stories show how children can learn by doing, rather than just being told about business, money and opportunity.

Key Takeaway: Family Business Ideas Can Start Small

Key takeaway: Family business ideas do not need to be complicated. A simple product, a real opportunity and a child willing to take action can become a powerful lesson in entrepreneurship, confidence and money.

Where to Next?

If you enjoyed Flynn’s honey business story, you may also like:

So, what do you think? Is Flynn onto a real Enterprise for Kids success story? Follow along with the blog to see how he goes.

In our next blog, you’ll be inspired by another budding entrepreneur, four-year-old Chayse, as he showcases his business idea. It is as sweet as Flynn’s enterprising ideas!