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Archive for March, 2008

Thirteen Year Old Asks Where to Start

March 31, 2008 By: treece Category: Questions from Readers No Comments →

“I am 13 and pretty busy at school and live in the country areas. I love: beauty products [hair stuff, shower stuff etc.], stationery, pink things, designing and I am a night owl. What should I do and where should I start? I’ve tried making chocolates for neighbours but I don’t have many and don’t know how to advertise! I live in N. Ireland…HELP!”

The good news is that you have taken a good look at what you like to do! That’s a great start. Congrats! Being in a very rural area can make it difficult to find people to sell to, but luckily internet marketing has changed that. I know, because we live in a very small town. Don’t forget about school friends and people you meet through after school activities. Those people you know the best can often be your best customers.

You can also ask a parent to team up with you and help you join a direct sales business or even start your own website or blog. If you love designing, I highly suggest you learn the software needed to customize blogs and websites. There are many of us online who need help with this and would gladly pay!

If you have a green light from your parents, why not start a blog? It’s easy to start and you can begin for fun, writing about products and things you enjoy. A pretty pink site would be a great place to begin! Please remember not to use your real name and address and ALWAYS use good sense online. Here’s a great article on teen blogging safety: teen blogging. Once you feel comfortable with your blog, you can add product recommendations and begin monetizing your site.

Since you are in Ireland, check out iamawahm.com. Although it’s geared at work-at-home-mums, it will have some good information for you to check out.

Stock Photo Resources

March 28, 2008 By: treece Category: General Business 1 Comment →

Stock Photos

Looking for the perfect photo for your webpage? Listed below is a great collection of stock photo resources. ALWAYS read terms and conditions! Remember that royalty-free doesn’t mean copyright-free. While there are plenty of free or cheap stock photos, there is nothing like hiring a photographer to get your own unique image.

Try these photo links.

Pixel Perfect Digital Photography News, Free Stock Photos, and Useful Resources

istockphoto Royalty free images where there are no subscription fees or extra costs.

http://www.bciusa.com 1.5 million traditional and digital color stock photographs of the Natural World and its inhabitants - and Man’s impact upon it.

http://www.visipix.com Visipix is the biggest art museum in the world. All pictures manually enhanced and indexed. Unconditional free copyrights.
* World art museum, all cultures 33.600 exhibits
* Photo gallery, all themes except news 66.300 exhibits

Stock.XHCNG huge free gallery containing over 200.000 quality stock photos by more than 15.000 photographers!

http://www.corbis.com
http://www.indexstock.com
http://www.photo.net

http://www.webshots.com


http://www.gograph.com


http://www.freestockphotos.com

http://www.states-of-art.com/
http://www.freefoto.com is the largest collection of free photographs for private non-commercial use on the Internet.

http://www.imagebank.com

http://www.bigstockphoto.com

http://www.imageafter.com

http://www.pixelperfectdigital.com

http://www.texturewarehouse.com

http://www.freephotosbank.com

http://www.microsoft.com/clipart/default.aspx?lc=en-us

Access over a million royalty free clip art pictures via Frontpage/ INSERT TAB/ PICTURE and then click on CLIP ART. Perform a search for whatever keyword you need and enjoy!

Icons

http://www.glyfz.com
http://www.iconkits.com
http://www.iconexperience.com

http://www.iconfish.com

icongalore.com

http://www.iconfactory.com
istockphoto

Need a camera? We highly recommend using B&H Photo. You can find cheaper, but with cameras there are a lot of untrustworthy sites. Be careful!

Question about a dog-walking business

March 25, 2008 By: treece Category: Questions from Readers 1 Comment →

We got this question today:

What if I can’t do a dog walking business alone, and I had to have a partner. There is a girl that lives across the street and we are good friends, but lately shes been kind of snooty and different. If I choose someone else she’ll get REALLY upset. What should I do?

puppy and boyFinding a partner that you can get along with all of the time is a really difficult thing, even for adults. It sounds like you’re learning one of the hardest lessons in business at an early age. I know it isn’t fun. Somehow one partner always seems to do more of the work or has more energy for the business. Sometimes just being friends can be tough, never mind working together!

Perhaps you can have a “business meeting.” Tell her that you’d like to get ready for summer or spring break and iron out a few things ahead of time. Agree to discuss all aspects of the business - what you’d like to charge, hours you’d like to work, how many clients you’d like to have, how you plan to get the word out, etc. Dog-walking can be a lot of fun but is also a huge responsibility. Suggest that you enlist another friend or two to help out - either as partners or as subs. Don’t forget to hear her side - does she have any questions or concerns? Ideas on how to make the business better?

What happens if you have a dog-walking appointment and one of you gets invited to the beach, the mall or a sleepover this summer? Do you have a back-up plan? Remember that you should always have an emergency back-up, even if it’s your mom or dad.

I suspect this really isn’t all about business. Sounds like she might be afraid of losing you or what you two have together. Is there anything that you can do to calm her worries? We have plenty of room in our hearts for lots of friends. It doesn’t have to be either/or.

Only you can decide whether you should continue the partnership. I always find that talking about it helps and I often get a piece of paper and write out a list of pros and cons. Sometimes putting it down on paper can really help.

Best of luck!

Treece

An Excellent but Geeky Site with Web-Building Tutorial.

March 21, 2008 By: treece Category: General Business 3 Comments →

For just a few minutes at a time, you can start learning the technical side of building a website. Although there are many WYSIWYG (what you see is what you get) type web-builders out there, having the ability to use code is going to be a huge asset to anyone involved in an internet business. This site is broken into short lessons that are easy to understand.

Whether you’ve had a site for a while or are brand new to being online, this site full of web-building tutorials is a don’t miss. At W3Schools you’ll find all the Web-building tutorials you need, from basic HTML and XHTML to advanced XML, SQL, Database, Multimedia and WAP. At W3schools you will find thousands of cut-and-paste examples. They even have an on-line HTML editor you can edit the examples and experiment with the code on-line.

If you like to learn something new every day, this would be a perfect place to enhance your technical skills in short time clips. Start with the HTML examples - this is the primary language for building web pages.

Enjoy being a geek! There’s something highly satisfying about doing something technical yourself!

Cookie Success!

March 20, 2008 By: treece Category: Kid Businesses 1 Comment →

Marie Ynami of Mom Soapbox recently shared this story on her
blog. If you need to raise money for a trip or are just looking for
some extra cash, don’t be afraid to be creative. You may surprise
yourself with the results!

Marie’s daughter is part of an all girl’s choir group in their high school and this year, they are going on a road trip to San Francisco to attend a festival. She needs to raise a little bit over $600 to pay for the trip - which includes the bus, hotel accommodations and some meals.

She has raised most of the money herself by selling homemade chocolate chip cookies, sugar cookies and brownies. Three nights a week, she bakes several batches of cookies and brownies, packages them in little bags and sells them in school for $1 a bag - she cleverly labeled them as “Cookies for a Cause”. She has turned into an awesome business person.

When her mom asked her if she is interested in getting a part time job to save money for the trip she says “Selling my own homemade cookies in school is way better than getting a job!” She shares that she loves being her own boss - she can be late and not worry, she doesn’t have to commute, she makes all the business decisions - what can beat that?

Congrats to her for being so creative and so motivated! She truly is an inspiration. I’m sure she has a lot of happy, repeat customers!

Summer is the perfect time to start a business!

March 20, 2008 By: treece Category: Uncategorized No Comments →

I know, I know…school is out and you long for the days that you can sleep in and lounge around without worrying about anything! Starting your own business doesn’t have to take up all of your time. Think of it as a labor of love! If you put a few hours a day or even a few hours a week, you can be on your way to earning money doing something you love to do!

money making kidSummer is the perfect time to explore your entrepreneurial options. Check out the library or your local book store on topics that interest you. If you have required summer reading, perhaps you can include a business book. Although there are many books out there on kids in business, don’t limit yourself there. If you love to take pictures, grab a book on photography. Love sports? Read an inspirational book on a favorite athlete or coach - many of these people are truly motivational. Like computers? Why not choose your favorite software program and really master it? Or choose a new one! Love kids? Then really show it by taking a CPR course. Summer is also a great time to volunteer your time. Offer your services to a local small business in exchange for some experience.

Here are some words of wisdom. If you want to make a lot of money - you need to have valuable skills that people will pay for. It’s really that simple. As a kid, you’re probably thinking that you are too young or that’s what college is for. Wrong! People don’t pay you for your degree - they pay you for what you can do. For what you have to offer.

Summer is a great time to start a blog. Learn to build a website. Take an online Photoshop course. Write articles for website owners. If you want to work, you must let people know you are available and interested! Want to pet sit, dog walk, babysit, mow lawns, type, or write? Make up flyers or business cards and take a walk around your neighborhood and hand them out. No one is going to find you unless you let them know you exist!

What are you doing this summer?

Dog Walking Service

March 06, 2008 By: treece Category: Brainstorming Ideas, Kid Businesses, Service Business No Comments →

Do you love animals? Dog walking may be the perfect business for you. Plenty of fresh, clean air, exercise with “man’s best friend”, and cash to boot!

dog walker

Dog walking is a big business in large cities. Dog walkers are a fixture in the parks of New York City. People these days are too busy to walk their own dogs so they hire someone who has the time to do just that. You don’t have to live in a city - many pet owners are thrilled to have someone check in on their pets while they have long business days or plan to be out of the house for longer than normal. (If you’re staying home on Thanksgiving or Christmas, these are great days to offer some holiday service. Many families appreciate not having to rush home early to let a dog out.)

 

If you are interested in a dog walking business, you need do some homework. In our neighborhood, that’s easy to see who has a dog by just walking around the block.

Neighbors may not want to pay you just to walk their dog. Offering other services along with dog walking could boost the number of clients willing to take a chance on the service. Additional services you can offer include: pet grooming, pet feeding, and pet sitting.

 

Once you both have done the legwork, now it’s time to map out your business plan. Develop a price list. Still offer dog walking by itself, but also list prices if one of the additional services is added. Instead of writing down a set price, say something like, “We also offer dog grooming services with prices starting at $15.” Using a range gives you room to negotiate prices with different customers. If one customer has a bigger dog, the price will be higher than the starting rate. Drawing up a contract with the customer for the agreed upon prices is not a bad idea.

 

Once you have the price list, design a flyer. Go door to door again and hand them out. Include your name as owner of the business, the family telephone number, and address. Be prepared to have references available in case people want to find out if you are a reponsible kid.

Next, head to the store for supplies. With any business there is an initial outlay of money to get started. You will need to purchase grooming supplies, pooper scooper, extra leashes, and doggie treats. Start with the basics and add more items as your business grows. Most animal owners will supply everything you need, but having an extra leash is a great idea.

 

This summer, my daughter pet sat for two families for less than two weeks and earned enough to buy a Wii! They visited the pets so often that a neighbor reported to our vacationing customers how responsible and caring they were! The extra TLC earned them a nice bonus and I’m sure they’ll be called back the next time a vacation rolls around. Another added bonus - these same customers now call my girls for babysitting, too!

 

Edited to add - the day we posted this, the same two families called for both babysitting and dog-sitting for April vacation!

eBay Basics 3: Buying and Selling for Profit

March 04, 2008 By: treece Category: Ebay for Kids No Comments →

business kidMany people come to eBay to look for a bargain. If you are selling items from around the house, something is better than nothing, therefore profit margin isn’t as important. However if you are purchasing items with the specific intention to resell, your income expense ratio will be very important.

All sellers want to make money; else they would offer the item to Freecycle or a thrift store. But the truth is not every item sells. Those who have no regard for cost of goods sold and don’t factor in fees and time actually lose money by selling on eBay.

At the very minimum, you want to break even. Try to minimize those occurrences too, as it is a waste of your precious time. To ensure you do not go into the red, take the price you paid for an item and consider all other associated costs, i.e. listing fees, final value fees, and PayPal fees. To better illustrate, below is an actual example.

You purchase a toy  and list it with an opening bid of $9.99. The item sells, but only with one bid of $9.99.

-Cost of  toy from clearance at store, including tax: $6.35
-Listing fees, including multiple photos, and the gallery option: $1.05
-Final value fee: $.52
-PayPal fee on your premier account to receive money: $.60

It cost you $8.52 and it sold for $9.99 which means you made $1.47 profit. But wait what about the time and gas it took you to go to the  store? What about factoring in the cost of your internet service, ink and just simply for what your time is worth?

The above example is very real and happens every day. Some sellers think that because they make a purchase for about six bucks and sold it for ten, they made a profit. A good rule of thumb is: do not buy anything to resell unless you are reasonably confident you can make at least a $10 or more profit.

You can only know what will sell by doing your research ahead of time. One suggestion is to pick a category and know the top four brands that sell for big bucks. Then only purchase those select few. Or call a friend while you are at the store and have her look up the item on eBay to see selling prices.

Buying smart is the only way you will make a profit. It is that simple. We’ve all paid stupid tax when we first started. Don’t think it will make a profit; but rather know it will.