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	<title> &#187; Entrepreneurship and Personal Development for Kids!</title>
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		<title>Kid Entrepreneurs &#8211; A Lesson on Supply and Demand</title>
		<link>http://www.createfinancialwealth.com/kid-entrepreneurs-a-lesson-on-supply-and-demand/</link>
		<comments>http://www.createfinancialwealth.com/kid-entrepreneurs-a-lesson-on-supply-and-demand/#comments</comments>
		<pubDate>Wed, 18 May 2011 23:12:26 +0000</pubDate>
		<dc:creator>David Allred</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Entrepreneurship and Personal Development for Kids!]]></category>

		<guid isPermaLink="false">http://www.createfinancialwealth.com/?p=3169</guid>
		<description><![CDATA[I don&#8217;t know how many of you are parents, but I learn so much about ambition and entrepreneurship from my kids&#8230;.one of them in particular. She&#8217;s the oldest of all three of my kids and always has her entrepreneurial wheels turning up in that brain of hers. If there&#8217;s an opportunity that presents itself where [...]
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			<content:encoded><![CDATA[<p><img class="alignright size-full wp-image-3170" title="Kid Entrepreneurs" src="http://www.createfinancialwealth.com/wp-content/uploads/2011/05/inspiration.jpg" alt="Kid Entrepreneurs" width="324" height="227" />I don&#8217;t know how many of you are parents, but I learn so much about ambition and <a title="Entrepreneurship" href="http://www.createfinancialwealth.com/blog" target="_blank">entrepreneurship</a> from my kids&#8230;.one of them in particular. She&#8217;s the oldest of all three of my kids and always has her entrepreneurial wheels turning up in that brain of hers. If there&#8217;s an opportunity that presents itself where she can make a profit, it&#8217;s all she can think about. Sometimes, you just have to tell her to &#8216;Zip It&#8217; or she&#8217;ll drive you nuts. It&#8217;s all she can focus on.</p>
<p><span id="more-3169"></span></p>
<p>That&#8217;s <strong>Lesson #1</strong> she has taught, or I should say, reminded me of. The most powerful forces on earth are extremely focused. When you know what you want, let it consume you until you get it. We all know how it works. For those of us who used to fry ants with a magnifying glass. Unless you focus the rays that come through that glass, the ant will live. But when you dial that in, focusing your efforts on the target, it happens.</p>
<p>For the last several weeks she has been receiving these tiny little <a title="Gel Pens" href="http://shop.hobbylobby.com/products/gel-pen-value-pack-687269/" target="_blank">Gel pens</a> from her teachers at school. She loved them so much that she decided to con her Mom into taking her to <a title="Hobby Lobby" href="http://www.hobbylobby.com/" target="_blank">Hobby Lobby</a> to buy a container of 48 Gel Pens at a price of $9.99. She used a few of them and gave a few to her sisters, as a good older sister would do. She then realizes that she&#8217;ll never use all of them and decides to follow the entrepreneur inside and sell them at her school. Her teachers approved her desire to sell the pens as long as she did it on the playground. Some schools can be a bit picky about that sort of thing.</p>
<p>She sells the Gel Pens for $0.50 a piece. Today she sold three. The last time she did this, she nearly doubled her cost for purchasing the pens.</p>
<p><strong>Lesson #2:</strong> Supply and Demand. The true Entrepreneurial success comes from something that simple. Where there is a demand, supply. At times, it takes a leap of faith, a little risk and a little money, but it works.</p>
<p><strong>Lesson #3:</strong> What if the other kids don&#8217;t buy the Gel Pens? The cool thing about being an entrepreneur is that you get to choose your venture. Just choose to do something or sell something you like yourself. If all else fails, you get what you have always wanted. If my daughter failed to sell the pens, she would just have to keep all of these colorful Gel Pens to herself. Bummer!</p>
<p><strong>Lesson#4:</strong> Your ideas are just as great and brilliant as every other persons ideas. Have confidence in your abilities and ideas. There is no greater lesson in the world of Entrepreneurship than this. You are a success in the waiting. The reason so many people fail is because they fail to get started.</p>
<p><strong>Lesson #5:</strong> Ask for the Sale and don&#8217;t shy away after a small rejection! When my daughter asked one of her classmates for the sale, she said she didn&#8217;t have the money. My daughter then said, &#8220;Well, then you can go ask your Mom for the money.&#8221; She didn&#8217;t give her an easy out. If someone really didn&#8217;t want the pens, make them tell you that instead of settling for an excuse. It&#8217;s not being pushy, it&#8217;s just being creative. If you really wanted my Gel pen, you&#8217;d find a way. And if you can&#8217;t find that way, I&#8217;ll find it for you!</p>
<p>I hope you can find little lessons such as these from your children as well. If not, it&#8217;s possible you&#8217;re not paying enough attention to them. It&#8217;s possible that they&#8217;re budding entrepreneurs. If you are listening and have stories, I&#8217;d love to hear about your <a title="Kid Entrepreneurs" href="http://www.createfinancialwealth.com/kid-entrepreneurs-a-lesson-on-supply-and-demand" target="_blank">Kid Entrepreneurs</a> in the comments.</p>
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		</item>
		<item>
		<title>What I Am?</title>
		<link>http://www.createfinancialwealth.com/what-i-am/</link>
		<comments>http://www.createfinancialwealth.com/what-i-am/#comments</comments>
		<pubDate>Wed, 29 Sep 2010 05:37:10 +0000</pubDate>
		<dc:creator>David Allred</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Entrepreneurship and Personal Development for Kids!]]></category>
		<category><![CDATA[Inpirational Movies and Quotes]]></category>
		<category><![CDATA[Mindset]]></category>
		<category><![CDATA[Who I am]]></category>

		<guid isPermaLink="false">http://www.createfinancialwealth.com/?p=2931</guid>
		<description><![CDATA[Great video and great message for your kids!   No related posts.
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			<content:encoded><![CDATA[<p style="text-align: center;">Great video and great message for your kids!</p>
<p style="text-align: center;"> </p>
<p style="text-align: center;"><p><a href="http://www.createfinancialwealth.com/what-i-am/"><em>Click here to view the embedded video.</em></a></p></p>
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		<item>
		<title>Entrepreneur Kids</title>
		<link>http://www.createfinancialwealth.com/entrepreneur-kids/</link>
		<comments>http://www.createfinancialwealth.com/entrepreneur-kids/#comments</comments>
		<pubDate>Fri, 21 Aug 2009 23:12:51 +0000</pubDate>
		<dc:creator>David Allred</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Entrepreneurship and Personal Development for Kids!]]></category>
		<category><![CDATA[entrepreneur kids]]></category>
		<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[kids doing business]]></category>
		<category><![CDATA[selling tadpoles]]></category>

		<guid isPermaLink="false">http://www.createfinancialwealth.com/?p=2049</guid>
		<description><![CDATA[It has been amazing to see the effect that our decision over four years ago to become entrepreneurs has had on our children. It has always been known that children are sponges! They soak up everything they hear, see and at times, touch. They are, with all of their individuality, a splitting image of who [...]
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			<content:encoded><![CDATA[<p><img class="alignright size-medium wp-image-2050" align="right" title="Entrepreneur Kids" src="http://www.createfinancialwealth.com/wp-content/uploads/2009/08/DSC02558-300x168.jpg" alt="Entrepreneur Kids" width="300" height="168" />It has been amazing to see the effect that our decision over four years ago to become entrepreneurs has had on our children. It has always been known that children are sponges! They soak up everything they hear, see and at times, touch. They are, with all of their individuality, a splitting image of who their parents are being. If Dad raises his voice at someone, they will in turn raise their voice at someone. If Mom and Dad fight, they will fight. On the flip side, if Mom and Dad are very loving and give lots of hugs, that will reflect in their children and if Mom and Dad are Entrepreneurs, guess what the kids want to be.</p>
<p>So yesterday, my daughter comes up to me just thrilled. She had been exploring in the back yard and had found some tadpoles floating around in a pool of water. So, being the kid she is, she scooped them all out and kept them as pets, until today. Today she has decided to sell her precious little swimmers for profit and has conned her sister into her scheme of making money! I love this!</p>
<p>Now, we don&#8217;t live on a very busy street at all, so my initial reaction was to tell her all that she did NOT have going for her and her little business. Before I spoke out my negativity, I caught myself. I was about to destroy my little girls enthusiasm about her idea. Shame on me and anyone else who does not encourage their children when they want to sell lemonade, cookies or tadpoles. This is the spirit of the <a title="entrepreneur" href="http://www.createfinancialwealth.com/about-us">entrepreneur</a> and the back bone of the world. Encourage away and ASSIST in the process by giving suggestions. Never destroy! I think that if we as adults would sometimes act a little bit more like children, the world would be a very fun and prosperous place.</p>
<p>So far we are about 30 minutes into it and their profit margin is growing. They have sold a total of two tadpoles for a profit of $2, a bag of M&amp;M&#8217;s and some chips from Grandma!</p>
<p>So if you would like to purchase yourself some tadpoles and are in Payson Arizona, swing by. The big ones are going fast!!  </p>
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