There's a lot to know and learn! The resources below are a great place to start.
Becoming an Entrepreneur
Most of the lessons you'll learn during your experience with the Niagara Children's Business Fair will happen without you even knowing it, as you try to figure out this whole entrepreneurship thing while you make your way through the process! Even so, you will need to do some research along the way and read a book, play a game or do some online learning to get you on the right path!
You'll also need to learn how to write a pitch for the big day - you'll find that at the bottom of the page!
We've put together a number of resources for you. You'll find them all right here! Scroll down or click on the links below to go to a specific category.
Happy learning!
GAMES!
Have fun while learning important entrepreneurial skills! Try one of these games or try them all!
VIDEOS
Learn about entrepreneurship and financial literacy from Warren Buffet through the
Warren Buffet Secret Millionaires Club animated videos!
The Secret Millionaires Club is an animated series that features Warren Buffett as a mentor to a group of entrepreneurial kids whose adventures lead them to encounter financial and business problems to solve. The program teaches the basics of good financial decision making and some of the basic lessons of starting a business. Check out the full playlist HERE.
BOOKS
Love reading? Check out the recommended books below!
Buy them (wit your parent's permission) or find them at your local library.
ONLINE COURSE
Kidpreneurs Academy - Entrepreneurship Course for Kids 7-12
The Kidpreneurs Academy Udemy course is designed to mentor, support, and equip you with the necessary success skills to set you on the path of becoming an entrepreneur. This course teaches you what it takes to succeed in our global new age economy, equips you with the success skills you need, and sets you in the right direction for understanding entrepreneurship at a young age.
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The Kidpreneurs Academy Udemy course allows parents to get involved in the process every step of the way... oh and it's really fun!​
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This course was donated to us by Adam & Matthew Toren from Kidpreneurs: Young Entrepreneurs with Big Ideas. If you would like the promo code to make the course free for you, just send us an email at kidpreneurniagara@gmail.com. Please note that have a limited number of free courses to give out!
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BUSINESS PLAN
Download the bizKID$ guide to writing a business plan!
From bizKID$, this worksheet helps young entrepreneurs think about marketing (from the name of their business to who they will sell it to) and financials (including materials, pricing and profit).
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Just click on the pdf icon to download the worksheet!
FAIR PITCH
How to write a sales pitch for your product/service - specifically suited for the fair!
Every entrepreneur needs to be able to pitch their product/service to potential customers or investors. For our fair, you'll need to tell the people that come to your booth about your product... read below to find out how to write a simple sales pitch specifically designed for our fair.
A pitch is a short introduction to you and your company. The goal of the pitch is to entice your potential customer to buy your product/service - so you’ll need to introduce yourself, describe what your business does, identify how you are different than your competitors and then ask for the sale! For our purposes, your pitch should be up to 30 seconds long.
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*Please note that this is a short and modified version of a standard product/service pitch, specifically suited for a market like ours.
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1.
Introduction:
Introduce yourself and your business.
Ex. Hi I'm Rachel, I’m the President of Bath Bomb Inc.
2.
Elevator Pitch:
What does your company do?
Ex. I sell handmade, all natural, bath bombs in three different scents - lavender, mint and citrus. Taking a bath with these bath bombs will leave you relaxed and happy!
3.
Competition & Differentiation:
How are you different from your competitors? (What makes your business special)
Ex. My bath bombs are special because I make them myself and they are made with completely safe and natural ingredients!
4.
Closing:
Ask for the sale!
Ex. Can I help you pick out three bath bombs? Today, I am selling 3 for $10!
Pitch Example in full:
Hi I'm Rachel, I’m the President of Bath Bomb Inc. I sell handmade, all natural, bath bombs in three different scents - lavender, mint and citrus. Taking a bath with these bath bombs will leave you relaxed and happy! My bath bombs are special because I make them myself and they are made with completely safe and natural ingredients! Can I help you pick out three bath bombs? Today, I am selling 3 for $10!