Owen's Lesson in Resiliency

Are you ready for a lesson in Resiliency? Meet Owen from Purrfect Totes! he has a few lessons he wants to teach you, and kids, about starting your own business and how tough it can be sometimes.

"My name is Owen and my business name is perfect totes. My favorite part of the program would probably be during market day because market day is when you get sales. You're so happy but then people don't come and you have to prepare yourself to get ready for people saying no to you and being denied. Everybody should take this program because it gets you prepared for real life. people are gonna say no to you, walk by you and say I'm gonna come back later and just run. So it's a great program to get you ready for people to say no and still say thank you."

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Kid entrepreneur programming is offered by Build a Biz Kids, a local non profit society focused on helping kids to develop and strengthen their essential soft skills. Students gain confidence, and learn foundational skills such as critical thinking, resiliency, financial literacy, leadership, decision making, self awareness, communication, public speaking, and so much more! Find out more about us and our incredible students at http://BuildaBizKids.com


KidPreneur Graduate Wins 1st Place in Inventor Competition!

Congratulations Isaac! This Inventor/KidPreneur is continuing to take his skills to greater heights and challenging himself by innovating new products for market.

His latest creation, The Marble Run! It's so fun! Not only is it a marble race or a maze, but it is one you build yourself and can change over and over again!

Inventors are great at making new inventions, whether they are fun or solving a problem. But Isaac is also a KidPreneur because he has learned how to package and sell his inventions as well. In fact, when I first saw his Marble Run, I thought he was ReSelling them! They looked so professional!

Checkout these pictures of how he packages them.

       

Shrink wrapped with custom instructions, bagged little pieces and a great logo, Issac first launched these gems at the Tinypreneurs 2019 event to see how they would sell.

Previously, in our Build a Biz Kids Fall 2018 program, Isaac started his Entrepreneur adventure making Churros. That's right, Churros! Who doesn't love those! He made them in the morning and then brought a toaster oven and "add on" dipping sauce as a tasty up-sell. His marble run was a different type of market and, as we have seen at many of our markets, didn't sell as fast as the impulse buy food did.

But everything is a learning experience and there are many factors to consider when working to make a product "successful" such as price, packaging, how you display it and what your method for distribution is, but also the product itself. Is it something the market actually wants?

Issac put it to the test! He entered an inventor content through Instructables and waited for the feedback. He had lot's of comments asking questions and complementing his innovation. That's a great sign! But then, after waiting patiently, he finally heard back! While it wasn't the Grand Prize, he won 1st place and a nice gift card to go with it! He was onto something!

What to do now.... Well, Isaac, congratulations on your Big Win! We have no doubt that you will make this business a success just like your Churro business. It's just finding the right combination of your business factors and then you are off to success!

Isaac and his brother just finished our Inventor's Paradise summer camp and made some pretty incredible creations. We hope to see him back again and can't wait to hear what he is up to next !

Here's a link to his Instructables Contest Entry with Video.


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
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These Aren't Real Businesses...

Businesses are Big, Daunting Tasks. Surely these 7 year olds aren’t starting a REAL Business…. Right?

One of the best days I have had so far with Build a Biz Kids was at the Tinypreneurs show this year. Tinypreneurs hosts a tradeshow exclusively of kids where they set up shop and sell their wares. It was so cool seeing these young kids take pride in products they have made and proudly speaking to potential customers about why they made each item and why the customer should buy one.

Kids have a truly authentic enthusiasm that you can’t help but get wrapped up in.

But getting back to why it was a fantastic day……

Aside from Tinypreneurs being a great event overall, coincidentally there was a small craft fair running right next to them of about 25 vendors, all adults. Walking through the kid’s booths and then taking a stride down the “grown up” businesses, they were alarmingly similar.

With exception to perhaps more expensive packaging and a lack of crayon signage, the parallels gave me a bit of a chuckle.

The adult craft fair had a delicious bake goods stand of short break cookies and other baked delights, but we had an adorable sibling team who had bags of cookies for sales as well.

There was an adult vendor selling gift cards and post cards, but we had a kid of only 11 who took incredible photographs of nature and was selling non-stop by making the pictures into gift cards, postcards and bookmarks.

Another Adult vendor had handmade soaps and candles, but, so did we on the kids side.

The list goes on. These adults have their own business and brands of products that they make and sell and repeat every weekend, online and beyond. Many earn a living this way. So, aside from the number of booths the adults run vs the kids and the online savvy of the adults having online stores (although some of our kids had that nailed down as well) these kids are taking the same steps and building a real business, the same as you or I would.

The one difference I did notice, however, was the difference in social contribution. The kids of this generation have a different perspective than perhaps generations previous to them. They want to help, they want to give back, and not just because it sounds good; but because it feels good and it keeps them motivated during the hard times.

We have created blogs on social entrepreneurship and will continue to do so in the future but needless to say, I was so proud to see so many kids taking action. They all took ownership of their businesses and many will continue to grow and adapt them as they learn more and more about their product, their market and their consumer needs.

Keep it up, everyone, of all ages!

To help nurture and grow your KidPreneur, take a look at our summer camp and after school programs registering now.


Kids 4 Kids - KidPreneur Spotlight

Kids 4 kids – is there a more inspiring purpose for a business? It explains why I was instantly drawn to the energy of three siblings and friends at an event recently. These kids, all wearing t-shirts with simple but powerful messages, were full of charisma so I had to get to know them.

Tell me about your shirts, I asked.

“Our cousin passed away from pediatric cancer. We wanted to honour our cousin and raise money to support the hospital that helped our cousin” http://www.sickkidsfoundation.com/

What a powerful purpose to start a business with.

"How did you come up with the t-shirt ideas?"

“Our friend in Toronto wanted to help us commemorate our cousin and sent us some messages to put on t-shirts.”

I took a look at their collection and these messages are powerful with their simplicity. Messages include:

Un-breakable

Shine your light

Be yourself

I only do me

Trail blazer

I belong

I can and I will (my favorite!)

These amazing shirts can be found here: https://www.teehatch.com/stores/KaJape-Wear

The KaJaPe kids 4 kids seemed to be the life of the party at this market day. I had to know what inspired them.

“We like helping lots of people” they said.

If you saw them in action, I think you would agree with that statement.

I wanted to know, "What is the toughest part about running your own business?"

“The hardest part is when a customer says they will come back but they don’t.”

When asked what other kids could do to start a business, the KaJaPe kids 4 kids stayed true to their simple message:

“Find something you love to do or something nobody else is doing.”

I’m inspired to see kids taking action to make a difference. It was an amazing experience to meet these kidpreneurs and we are excited to see their journey.

Be sure to support them at https://www.teehatch.com/stores/KaJape-Wear

Do you know a KidPreneur doing great things who would like to share their story and inspire other kids? Please contact us at info@buildabizkids.com. We would love to meet them!


Just a "Pinch of Magic" - KidPreneur Spotlight

I recently had the pleasure of meeting Kimi and Sam, the creative minds behind Just a Pinch of Magic. A fantasy themed craft team encouraged by their love of unicorns, mermaids, rainbows and more! When asked about their inspiration for bringing their crafts to market they said:

“Because we love unicorns and believe that other people must then love unicorns too; maybe they will love them enough to buy what we make.”

These two kidpreneurs seem to embody the old adage: Do what you love and the money will follow. In fact, “watching the money roll in” was Sam’s response to her favorite part of the market day before laughing it off and following up with “actually, I enjoy connecting with new people and talking about our products.”

With poise and charisma, these two creative entrepreneurs connected with every customer that traveled past their craft table. Their enthusiasm for their products and excellent customer service was only surpassed by their passion and dedication to the cause for which they were raising funds. A close family member is a survivor of blood cancer. The girls have decided to support the Leukemia & Lymphoma Society of Canada’s (LLSC) Light The Night Walk to pay tribute and bring hope to all those affected by blood cancer.

From Kimi’s Light Facebook page: In my own small way, I want to make a difference and I decided to use bonding time with my mom over crafts and sell them to raise money and help out. It beats out asking for donation over and over and I get to learn a lot during the process. Win win. Help me reach my goals by sharing my page, donating or purchasing. Thank you so much.

When asked what it means to be an entrepreneur, Kimi and Sam both responded with clarity:

“Entrepreneurship is problem solving, dedication and tracking.”

They also noted a few struggles can can come with being a KidPreneur.

“having to do math on the weekend is hard”

“giving back the right change”

“keeping track of orders”

These were all situations they encountered during the first part of their day, however in true entrepreneur fashion, these challenges were discussed between the two of them and systems & solutions were implemented immediately to remedy them.

“writing down the orders to keep track”

“we each count the change being given so we are double checking together”

With the support of their parents and their own ambitions, these two have developed a phenomenal skill set of creative problem solving and innovation. I am excited by the potential of young minds that have discovered their ability to go from idea to action. Kimi and Sam are clearly on their way to amazing accomplishments and we are honoured to have met them early in their journey.

When asked if they had any last piece of advice for future entrepreneurs, the girls shared this gem about social entrepreneurship:

“Do it for a good cause so that you are motivated to continue” – Just a Pinch of Magic


Advice from "TinyPreneurs"

What is entrepreneurship? - “problem solving” says one young entrepreneur at this weekends tinypreneur event. The event was an inspiring market day for kidpreneurs to sell their wares and for most – raise funds for a good cause.

“Do it for a good cause and you’ll stay motivated” said Kim – an 11yr old entrepreneur.

Raising money for a good cause was a theme at this years Tinypreneurs event. Children were selling products they created and designed with portions of proceeds going to various charities. When asked for more information on the charities the children lit up. Often, the response was about a family member who had an illness. Some were survivors but others were not. The kids spoke proudly about the reasons for donating the funds:

“In honour of my cousin...”

“So we can end the problem with….”

“So that less people have to suffer from…”

“Because this hospital helped my sister and I want to help them in return”.

These social entrepreneurs are an inspiration. When asked what advice they would give other kids who are thinking about being an entrepreneur – the girls at Wubble Slimes (Instagram: @wubbleslimes) said “find something you love and sell it because someone else probably will love it too.” They also advised using social media such as Youtube for “how to make your product” and Instagram “as a starting place for advertising” and Etsy as a great online storefront.

Belle’s Beads said the key to being an entrepreneur is to “Have no fear – be brave.” Amazing and simple advice we should all follow.

Alexa, from Alexa’s Bracelets, had this gem of wisdom to share with future kidpreneurs. “Even if you don’t sell anything, be proud of yourself for showing up and trying.”

It’s remarkable to hear the wisdom of these kids and highlights the benefits of the entrepreneurial mindset in youth. It begs the question, as adults, how much of this advice do we adhere to ourselves? Many "grown ups" can sometimes forget their "Why" for starting and growing their business and passion can quickly fade away. Once the passion is gone, pushing through hard times can be agony and often what stops our progress.

These kids, while incredibly special as individuals, the skills they demonstrated are able to be taught and given support in. If you have a child who is passionate about a cause and wants to contribute, how can you help and guide them through? Using the key advice of our TinyPreneurs from this weekend, Youtube, Google and so much more can be used as a resource for parents.

To take passion into action, you can checkout our Summer Camp programs at Build a Biz Kids and not only have your child learn these key skills, but also help them put it into immediate action. As a parent, your support is key so you will be kept int the loop daily about what they have learned and what is to come.

If you’re interested in your child learning social entrepreneurship, take a look at our summer camp programs here and register them today!


Dad's Inspiring Dad's

Build a Biz Kids is truly inspired by my 9 year olds ambitions. As a Dad I feel it’s my responsibility to teach my son to pursue his passions and empower him to create opportunities with innovation. I am inspired by parents who are encouraging their kids to realize a dream. When that encouragement extends beyond their own children and they are impacting a community of children, well… then I am in awe.

That’s exactly what’s happened in meeting our new friends Ramses and his son Max. At age 9 Max wanted to raise funds to attend a summer camp. His dad Ramses listened to all of Max’s innovative ideas to raise enough funds to get to camp. Inspired by his son’s ambition, Ramses decided to utilize his event planning experience and developed a business showcase event for not only Max but all of his friends.

What started as a lemonade stand has grown to become the second annual Entrepreneurial Family Fair: Tinypreneurs. The event will be happening on Saturday June 2nd at the Fraser River Discovery Centre. Max and his growing list of friends will be showcasing their entrepreneurial endeavors during this market day in New Westminster.

Build a Biz Kids is not only excited and honoured to be attending this event but to be associated with Ramses and the incredible work he has done with this community of Tinypreneurs. What Ramses devotion has highlighted for me is that when you commit to helping your child succeed, your impact goes beyond your home and impacts your community… and in Ramses case, hundreds of kids.

Be sure to check out this amazing event, come by and say hi to the Build a Biz Kids team. We will have an interactive booth with games for kids and a chance to win a family night out with tickets the Vancouver Giants, dinner for four and a gas card.

Event details are here: https://www.facebook.com/tinypreneurs/posts/879274518940834

Hope to see you there!


Empowering Youth For Their Financial Future!

What happens when your boss is 9yrs old? Like a CEO, my son is inspired with ideas for better business and community. And like many CEO’s, once he’s shared his vision he delegates the implementation strategy to his leadership team (AKA Mom & Dad). Like any parent, I went looking for ways to encourage his passion but also his initiative so I wouldn’t become his executive assistant.

Que the old man “back in my day…”

Today’s parents grew up with responsibility of supporting their community organizations (Boy Scouts, Girl Guides, Sports teams, School events) by asking for contributions from friends, family and neighbors. We carried our flyers door to door and asked for signatures, empty cans/bottles and practiced our sales pitch for chocolate bars. Fundraising efforts now seem few and far between that when they do come around we whip out cheque books in favour of our kids having to ask and potentially hear “no” from strangers.

Is convenience a hindrance? Our kids are one google search away from learning anything they want. They are connected to a community of information, innovation and support. Every tool they need to bring an idea to life is available to them. With encouragement, coaching and guidance, kids can turn possibility into reality. What is the missing piece for turning ideas into initiative?

Build A Biz Kids is a non-profit delivery partner of Young Entrepreneur Learning Lab after-school and summer camp programs. We believe that today’s youth are one encouragement away from changing the world. We are building our future leaders by empowering community focused action takers. The entrepreneurial spirit is alive in today’s youth and our summer camp and after school programs are equipping them with the tools and resources to take action with their solution focused creativity.

Here are a few tips on raising KidPreneurs:

1 – Problems are opportunities – the greatest innovations are actually solutions to common problems. The innovative mind of a child has an advantage when it comes to creative ideas for overcoming obstacles because they have not heard all of the excuses yet on why something doesn’t work. Encourage their exploration by celebrating problems as an opportunity for creative solution based thinking.

2 – Mistakes are important part of the process – nothing is ever immediately great. Greatness occurs after lots of attention and effort. It’ s important to encourage the positivity in “failing” as the moment we learn there might be a better way. A perfectionist will often suffer from analysis paralysis and never take that first step. Encourage a messy process of learning and re-developing ideas.

3 – Communication is key – I love the phrase that you don’t fully comprehend a concept until you can explain it to a five-year-old. Imagine the power of a five-year-old who can explain a concept or idea to adults. The key to delivering a message to be clear and concise – when you encourage a child to simplify their communication, you are increasing their ability to be understood and supported.

Entrepreneurial skills challenge children to think outside the box, create unique solutions, and become leaders at an early age. The entrepreneurial mindset teaches kids to take initiative, solve problems, think critically, make decisions, interact with people confidently and look for opportunities around them. These skills help to increase self-confidence and provide more opportunities for bright financial futures for themselves and their communities.

To inspire the entrepreneur in your child, visit Buildabizkids  or register for a program here


Welcome to Build a Biz Kids

Welcome to Build a Biz Kids, a Non Profit Society, BizKids Practical Education ASSN, working to help facilitate young kids' creativity and natural entrepreneurial spirit through after school programs as well as spring break and summer camps.

We are a proud licensed provider of the Young Entrepreneurial Learning Labs programming that teaches 7-15 year olds entrepreneurship through fun, interactive activities that explore their creativity, teach problem solving, critical thinking, decision making and working with money and budgeting.  This all contributes to improving their self confidence, leadership and ability to find opportunities all around them which can provide them with unlimited opportunities in the future.

We're excited to take this journey with you and can't wait to meet your KidPreneur in the making!