Side hustles aren't just for adults who are motivated to earn extra income outside of their full-time jobs. Side hustles are also great for kids — especially those looking for a chance to make money and be productive outside of the classroom. When it comes to building entrepreneurial skills, forget the typical methods like babysitting, dog walking, and lemonade stands. Here are five different ways to consistently simplify the lives of others and create value for them and the kid.
Sugata Mitra did a simple experiment years ago. He puttied a touch screen computer screen into the exterior wall of his office and connected it to the internet. Local kids, who did not speak English, started using the computer when he was gone. They taught themselves English and navigated the web. They were doing homework assignments by using information on the internet. No instruction required.
Another school year is ending, and with it comes an abundance of local news reports of students from local high schools presenting business plans to a group of judges. Students, judges, and audiences all participating in a mock version of Shark Tank, the highly popular television show. From the perspective of both educators, parents, and community businesses, this is a win-win for all concerned. Business plan competitions captures an optimism about the community thriving in a hub of local startups.
If you've founded a new and growing business, chances are you can't be a team of one forever. One important skill for entrepreneurs is finding the right people to work alongside you — whether those people are employees, contractors, or agencies. And making a poor choice in selecting people, can be quite costly for a company with limited resources.