The Slimers! Meet Nate, Miranda & Vince!

"That problem is already solved", "I already have something like that", "No one needs another one of those on the market".....

Yup, we have all found ourselves saying something like that before, I'm sure. Another onion chopping thingy or a new kind of water bottle, there seem to be so many products that all solve the same problem.... or is there?

Meet Nate, Miranda and Vince who I am calling our 2019 Slimers!

Slime is nothing new. We had it as kids and now our kids have it too. Kids love it and for many, they can find relaxation and therapeutic relief from holding it.

In our Fall Semester KidPreneur Program, we had multiple classes running and, of course, a bunch of kids wanted to do slime. It ended up that on Market Day, we were going to have 3 Slime Businesses. Oh no! Of only 18 vendors, 3 would be slime. Wouldn't that make the market boring? Why would someone buy slime from more than one vendor? Or if faced with the choice, how would a customer choose between which KidPreneurs business to support?

Never underestimate the intelligence of a True KidPreneur and their business savvy.

One of the most common questions we get from parents when considering placing their child into a Build a Biz Kids program is, will my child need to enter the program with a business idea already? Or do you help them with that?

The answer is either or works fine. From experience, we have found that our students are one of 2 types: They either have TOO many ideas that we need to help them choose the perfect one to start with. The other type is one who has no idea what to do as, after all, this is the first time they have ever thought of starting a business. In these cases, we give them loads of ideas and encourage them to "Make It Their Own" by asking questions like:

  • Who will your customer be? Adults? Kids? Boy's? Girls? Etc
  • How much effort and time do you want to put into making them?
  • What price point do you want to sell at?
  • What is something you could do differently to make this more fun? More useful? Standout more?

For example, maybe they decide to make soap. Well, they could make them shaped like the flowers they scent them with; great for adults. Or place a toy in the center of it so kids want to wash their hands more; great for kids.

Getting back to our slimers, Wow! they definitely took that to heart and ended up making 3 incredibly successful slime businesses that all stood out from one another.

Meet Vince & his Squishy Business! Vince decided to go with a cool theme and boy did he run with it! He did glow in the dark slime. His display has a dark box and black light to show how they glow, plus he had them in a Light Bulb container so you could understand what made them amazing without having to say a word! They looked so cool and were definitely something you don't see every day. Kids Loved Them!

Meet Nate and his Fluffy Slime Business! Nate took a different angle. He understood that not everyone can play with traditional slime because they break out into a rash from the ingredient, Borax, that is usually in it. Nate's solution! Borax Free Slime which also makes it super fluffy! He had an awesome display with lots of height and a sign that you could see from across the room. At just 7 years old, Nate ran his booth all by himself and made his parents very proud of him.

And last but definitely not least, Meet Miranda and her Slime Bar! Yes, that's right! She had a slime bar! Talk about covering your bases lol. Her bar consisted of 3 stations. Step 1 - choose your base, clear or white. Step 2 - choose your "add ins" like foam balls or glitter. Step 3 - Choose your colouring! Great ideas right?? Not only do you get custom slime, she was teaching other kids how to make it themselves as well.

3 Slimers, all with completely different slime businesses. Isn't it a kick in the pants when kids "get it" and sometimes us adults don't. They were not worried at all about having other slime there and loved seeing what one another had come up with.

These KidPreneurs are pretty amazing but what we may have not realized that they learned in such a fun way, is that no problem is ever completely solved. There is always another group of customers within a market who can be served better. And most of all, never shy away from competition or have a mindset of scarcity. If you are willing to work hard and listen to the people you want to help, there is more than enough success and FUN to go around!

 

Interested in our next semester of programming? Find out more here
Fall 2019 KidPReneur Programs are designed for students ages 7-12 years. Programs available in West Vancouver, North Vancouver, Downtown Vancouver, Burnaby, Port Coquitlam, Port Moody, New Westminster, Maple Ridge.
To Register for a program next semester, View Our Schedule Here.
Also Available are Summer Camps


Coming to a City Near You!

Build a Biz Kids is Growing!

That's right! We are expanding from 3 cities to 10 this fall! If you live anywhere in the lower mainland from Maple Ridge to West Vancouver, we will have a venue convenient for you and your KidPreneur this fall, 2019!

Over the next few weeks, we will be releasing each cities dates & venues and opening up registration.

Stay Tuned and get ready! Your KidPreneur is going to amaze you with what they are capable of this Fall!

 

To be the first to know, be sure to Sign Up for our Newsletter and Like Us on Facebook!


Meet Violet, One of Our Boldest Students Yet!

Have you seen Violet's business? If you have been anywhere within a few feet of it, I bet you have. How do I know? Because Violet is incredible at speaking to Every New Potential Customer who walks by her table and won't let you walk away until you hear about her budding business!

While all of our students are excited to build their business and are nearly bouncing off the walls the night before a big Market Day, Violet really focused on her training and understood that it isn't enough to just set up her booth and hope people come running. It isn't about a shy child vs one that is not. It was about her focus on getting the job done and working through what works best and what doesn't. Violet wanted to be successful and continues to practice this skill.

For all of our Build a Biz Kid Graduates, we offer additional opportunities to build their businesses and learn new skills. Violet jumped at the chance to participate in a real adult Market hosted by the Tri Cities Collective in Port Moody.

Her first Market Day was a part of her program with Build a Biz Kids. She set up shop, spoke to customers, made some sales and had a lot of fun. when she came to set up for her second market, Wow! Violet didn't just set up the same business and hope that things went better. She improved her business, she observed other students businesses on the previous market day and then tried some new approaches.

The first thing she did was expand her product line strategically. Violet sold handmade jewelry using up-cycled materials. She offered earrings and bracelets with reasonable price tags. She had a beautiful display with all of the colors everything came in for easy view and clearly marked information with prices.

So what did she add? A simple, low cost matching hair pin. She consciously thought of price when making these because she wanted an easy up sell or low cost item for someone who didn't have enough money to buy a full set. By the end of the day, we asked how it went and, low and hold, her hair pins were the best seller.

We try to make a point to interview each student at their market to understand how they are processing the day. This market was different. They were set up next to adult vendors selling competitive products who do this for a living. That's some steep competition so we asked her how she felt about it. “It’s cool and doesn’t feel competitive because none of them are anything like my products." YES! That's exactly the mindset we hope to instill in each KidPreneur. What you are doing is special and unique; just focus on your customers and your business model. There is enough room for everyone.

We asked Violet what she learned at this market and what she might do differently at the next one. She noted that her earrings weren't selling as well as she liked, but her bracelets were. “For the next market, I might make some adjustments like a better display or lower the price.” The learning process is never complete in Entrepreneurship and Violet is a Real KidPreneur taking this approach.

It can't be underestimated how much resiliency is developed by placing our children in these kinds of real world situations. By giving them the right mindset before embarking on something so BIG in their worlds, Violet saw a lack in sales as an opportunity for HER to improve. Not to complain about how the world is not giving her money or treating her nicely. This attitude will serve her in all aspects of her life as she grows into an incredible teenager and adult.

Violet gave some quick advice to other kids wanting to start their own business. “Know where you are going to sell and your target customer and don’t make too much product or you’ll be selling to your friends forever!” That is fantastic advice Violet! See you at the next Market Day!

To find out how you can register your child for one of our KidPreneur Programs, visit our website.
Program Descriptions
Program Schedule

     


4 Successful Summer Camps, Over $1000 Raised for Charities

What a Summer!!??!! A HUGE thank you to all of our parents, students & community who supported our KidPreneur Summer Camps! And of course, a Gigantic thank you to Vancity for the support and use of their facilities and our friends at each of the local grocers we were able to set up shop with! We couldn't have done it without you.

This summer, Vancity nominated 4 incredible local charities that the students raised money for through their lessons in social entrepreneurship with Build a Biz Kids.

    * SHARE Family & Community Services

    * 3030 Gordon Project 

    * Starfish Backpack 

    * PoCo Youth Services

All together, in less than 3 hours of hustle in each camp, about an hour per team, they raised WELL OVER $1000!

Through teamwork, determination, learning and execution, these kids have made a big difference in their communities.

Next up are our After School programs starting in September. Many of our Summer Camp Students have already registered but there is still space left.

Students in our after school programs start their own business, step by step, and   learn what it feels like to create a product that someone else wants, to hear no more than once and still be successful, to earn their own money and understand the value of it, and so much more!

We have 2 locations available in the Tri Cities/Burnaby area and the ages are broken up for 7-9 year olds and 10-12 year olds so we can really dive into the reading, writing and mathematics.

Click here to see our current schedule

Click here to see our program descriptions

Click here to register now

Don't wait long, many parents have already pre-registered their child and each class has limited space.


"Hey! Want Some Lemonade?"

There’s something invigorating when you get kids to work on a project. Today we set up a Build a Biz Kids lemonade stand for an interview with Tri-Cities News. We invited my son and his step-brother to help us out and we just love watching the ideas fly around the room.

“… what about this…”

“…Oh, we could do this…”

“… How about we try….”

Having these two support our non-profit start-up has reinforced exactly why we are so excited for this program. They are passionate and have unlimited ideas. With tools and encouragement there is a world of possibility ahead of them. These 8 and 9 year olds are asking questions about our business strategies and offer intelligent suggestions.

“… what about contacting the local schools to see if they would like to offer your programs to their students?”

"...have you thought about putting up posters at car dealerships and coffee shops? Moms and dads go there..."

As the table was set up, and potential customers began appearing we saw the transition from lemonade stand concept and design turn into a real micro-business that they could control & be proud of. Pretty soon we had set up an enticing display of lemonade… although our customer service skills were a little rusty to begin with.

“Hey, want some lemonade?”

eventually became

“Hi there, would you like to support a local charity with your purchase of a lemonade? We have regular lemon or raspberry flavours.”

As the day progressed and donations began to grow so did their confidence. There was a sense of pride in their efforts and the fact their efforts were supporting a cause. It’s an incredibly rewarding experience to watch a child’s ambitions become actions.

I’m exhilarated by the day of watching these two boys take leadership and cannot wait to see this multiply by up to 15 kids per camp this summer.

Our schedule for July and August 2018 is open for registration in the Tricities & Burnaby here