Small Business Ideas For 10 Year Olds

By | August 11, 2023

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As a new parent, I’m always trying to figure out the best way to teach our little ones about business, entrepreneurship and money.

Small Business Ideas For 10 Year Olds

Small Business Ideas For 10 Year Olds

And while he’s a few years away from the famous sidewalk lemonade stand, let me use that as inspiration for this post.

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I had many business ventures as a child – some successful and some less so – but for every pack of Skittles I sold and every baby I sat with (okay, that’s cool), I learned the basics of small business. , measuring low risk.

I asked for help making this list, so thanks to everyone who contributed ideas!

I think you’ll find something for every age below. After all, Warren Buffett says that the age you start your first business is a strong predictor of your future business success.

Young Founder has printable business plans, checklists, marketing materials, and more for many business ideas below.

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Can innovation be learned? (And if you can teach it to kids, can you teach it to adults?)

To find out, I sat down with Don Wettrick, award-winning middle and high school teacher and CEO and co-founder of StartEdUp. Don has been on a decade-long mission to empower students and teachers to implement innovation and entrepreneurship in the classroom.

Fifteen-year-old Ned is a sneaker mogul. Starting with a $50 pair of Air Jordan 3s, he multiplied his money by selling the shoes locally and to various “sneakerhead” groups on Facebook.

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Small Business Ideas For 10 Year Olds

He sold the pair for $100, and by the time he graduated from high school, he would have earned $5,000 in the business.

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He has a Udemy course on how you can help your kids break into the industry and avoid all the predatory scams.

Reid Floren of Business Success Systems has been an entrepreneur since childhood. He sent me this story:

The easiest business I had as a kid was selling Mountain Dew, Smarties candy, and pickle slices from my cheeseburgers. (

From 1999-2005 (13-19) I earned $10-20 a day selling lunch to my friends on my lunch break.

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Start up costs were negligible as I would get a 6 pack of Mountain Frost for a few bucks and then sell them for $1 each or the price of a lunch ticket ($1.75 at the time) and use the profits to fund it. Buy candy, buy my own lunch and sell it to other students for $0.50.

This always allowed me to spend more money on my field trips. If other students needed a loan while we were out, I could lend them a few dollars and most of them paid me back the next day with interest.

Selling candy is a popular business for kids because they are close to the candy’s target market: other kids!

Small Business Ideas For 10 Year Olds

It was definitely something I earned at scout camp as a kid. Mom took me to Costco before camp and I loaded up on Skittles and Caramel Apple Pops to sell to the other campers. It was not difficult to reduce the “trade mail” and still make a good profit.

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A friend of mine was a “rubber boy” in high school. He was selling rubber sticks for $0.25.

“My 13-year-old son buys and sells candy at BJ’s,” said Mission Partnership founder Priest Willis. “We invested in our first product, but he pays us and learns how to invest and save for future products.”

Many online survey sites, including Survey Junkie and Swagbucks, allow users 13 and older to earn money for completing short surveys and other tasks, such as watching promotional videos.

The fees are relatively low, but if you’re a teenager with nothing better to do, these platforms can be a great way to earn extra money.

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One way to “expand” your candy sales empire is to hire other vendors, and if those vendors are actually machines, it’s more profitable.

“After hearing your episode on vending machines, my son and I bought two cheap candy machines,” Preston Lee told me. They have already found a niche and are making passive income from it every week.

Small Business Ideas For 10 Year Olds

You need to invest a little more to buy equipment and spend time to find a place for it, but after that, the store can make money without direct investment of your time.

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Sure, you can get customers the old-fashioned way by driving your lawn mower around the neighborhood and knocking on doors, but that’s old school.

GreenPal has more than 5,500 reseller partners (lawn mowers and other yard care providers) in seven states across the country.

CEO Brian Clayton commented, “Many of our lawn care vendors are high school kids and college students who use our app to earn extra money over the summer. Many young vendors use our app to work afternoons and weekends. And that’s the best way. They To earn extra money.

Additionally, Brian said the average Greenpal dealer makes $55 an hour mowing on his system.

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Of course, this depends on your geography and seasonality, but shoveling snow and clearing driveways and walkways are certain needs that kids can help with.

This is one of the many manual labor occupations that are great for kids to practice and get paid at the same time.

Small Business Ideas For 10 Year Olds

I had to work for about 30 minutes every day after school. It wasn’t much, but it taught me to be disciplined and responsible.

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Then I had to go door to door to collect money at the end of every month. It wasn’t a big problem.

The biggest pain point was the Thanksgiving newspaper, because it was the size of a dictionary with all those retail additions that boosted Christmas sales.

But I vividly remember that moment when I was in class 4. There was a book market and you could buy beautiful books.

And when I was 10, I was excited too. So I pulled out this fat sheet of $1 and $5 bills (probably $30 total) ready to spend like a baller. And I remember the other kids looking at the cash, wide-eyed, and whispering how much it was.

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“If it’s fall, leaf bagging is big business for kids,” WalletHacks’ Jim Wang explained. “You can go around your neighborhood and knock on doors and offer leaves for $1 to $2 a bag.”

He added, “The kids will discuss their prices as they go, because they can pay more or less at first – eventually they’ll figure it out. Plus, it doesn’t require a lot of initial capital. You just have to. And a bag!”

Dustin Richman, 15 and 9, earned a total of $850 – or about $25 an hour! – Clean up trash and recycling bins around your neighborhood.

Small Business Ideas For 10 Year Olds

The business started with a few strategically placed flyers and a post on a local Facebook group. With limited start-up costs, the pair charged $15 for one can or $25 for two and ended up with dozens of customers.

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One interesting thing they found was that many customers gave them tips and other quirks too. Dustin created this short video to show how it works:

Matt Burgess of British Columbia said his 4-year-old daughter collected and colored the seashells, then sold them at a local market for $1.

When 12-year-old Tony Guertin started Tony’s Pet Sitting, he knew some clients were afraid to give their best friend to a teenager. So what did he do?

He went out and insured to give customers peace of mind. And then the insurance company thought it was cool and they made a video about it.

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“For the past few years, my 12-year-old Noah has been selling on eBay,” Michael of WorkAtHomeInspiration.com told me.

“The main product he sells is his favorite team (Alabama) number plates. We found a distributor and bought 25-50 license plates at a time. He makes about $5 per license plate.”

Business runs in the family: Michael owns an online business (e-commerce store) and encourages Noah to sell online.

Small Business Ideas For 10 Year Olds

My friends Rob and Melissa teach their children the fine art of bargain shopping and put this class together to help the next generation of flippers.

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