Tips from parents of entrepreneurs

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Are you hoping to raise an entrepreneur?

Maybe your child is full of ideas to make money.

You’ll enjoying meeting 3 parents of teen entrepreneurs in this episode of the Dollars and Sense podcast.

Listen to the podcast.

In this podcast, 3 parents, Bob, Suzanne and Jennifer, shared their experiences of how they encouraged their entrepreneurial teenagers. They discussed:

  • Their role as a parent
  • How to school work fit into their students’ lives?
  • What was most difficult for their child?
  • When should a parent step in?
  • How do you encourage entrepreneurship?

Some of their advice:

  • Don’t let school get in the way of your eduction (paraphrasing Mark Twain)
  • Arrange to get schoolwork done first. Balance schedule and manage time.
  • HALT-Never get too Hungry, Angry, Lonely, or Tired
  • Encourage, knock down obstacles.
  • Work with school to make changes in start time.
  • Find resources, field ideas with your student
  • Encourage. Recognize milestones and achievements. Get advisers.

If you have a teenager who want to make money check out the Micro Business for Teens books and videos.

If you enjoyed this podcast, please leave a review on iTunes. (click on View in iTunes to leave a review)

How to leave a review on iTunes

Thank you!

Carol Topp

Your Sales Presentation: How and Why You Need to Write One

 Your Sales Presentation: How and Why You Need to Write One

Quick! A person on the street walks up to you and asks what your business is. Can you explain it to him in as little as 30 seconds?

A sales presentation is able to describe your product or service to the customer in a quick bite-sized package. It’s kind of like a TV commercial. While you can take up to two minutes to describe the product or service, it’s best to keep it as short as possible!

When writing down and memorizing a sales presentation, you should include these 8 components to make it fantastic:

  1. An introduction to yourself and your business name
  2. A description of what your main product or service is
  3. Two or three main benefits that your product or service provides
  4. A brief demonstration, sample, or picture, if possible (Tip! Keep a catalog of photos on your smart phone for easy reference)
  5. A sales statement or tagline
  6. Your price
  7. How a customer can reach you to buy
  8. A call to action

A sales presentation can be used for more than just the person on the street who walks up to you and asks about your business. You can use it as trade fairs, craft shows, or even in a video that you post on your website.

You should also scale your main message of the sale presentation into long and short versions. This is perfect when you’re in a situation where someone is interested in your product, but only has a short time frame to hear about it.

Just remember, there are many uses to a sales presentation. It’s highly recommended that you write one as soon as possible. That way you never get tongue-tied if someone asks you about your business.

Running_small-259x300Did you learn from this post? If so, you should check out the book that it was excerpted from, Running a Micro Business. In the book, you’ll learn how to advertise your micro business to your target customer, what you need to do to keep your micro business running legally, keep records for tax time, and much more! You can pick up a copy of the book on Amazon or through the Micro Business for Teens website.

Carol Topp

Video: Can a Self Published Author Be Picked up by a Traditional Publisher?

Video Can A Self Published Author Be Picked Up By a Traditional Publisher?

Can a self published author be picked up by a traditional publisher? This is a question that was asked while I was speaking on “How You or Your Teenager Can Become a Published Author” at the Cincinnati Homeschool convention. Watch below to see my response:

Starting a Micro Business shares with you the steps you need to take for setting yourself up to be your own publishing business. From the idea, to the business plan, to setting up a bank account, this book walks you through it all! Check it out on Amazon or on MicroBusinessForTeens.

Video: Is It a Good Idea to Blog Your Novel?

Video: Is It a Good Idea To Blog Your Novel?

Should you take your novel and post it for free on your blog to build a following? I was asked this  question while speaking on “How you or your teenager can become a published author”.

Watch the video below to see my response to the question:

Starting a Micro Business shares with you the steps you need to take for setting yourself up to be your own publishing business. From the idea, to the business plan, to setting up a bank account, it walks you through it all! Check it out on Amazon or on MicroBusinessForTeens.

 

Carol Topp

Dollars and Sense Show podcast is a year old! Win an iPad Mini!

My podcast Dollars and Sense Show is part of a podcast network, The Ultimate Homeschool Radio Network (but you don’t have to be a homeschooler to listen to my podcasts!!).

It’s a year old this month and you can win a birthday gift-an iPad mini!

WiniPadUHRN

 

Enter here:

http://ultimateradioshow.com/giveaways/

You can also win a $25 gift card and other prizes. The celebration goes all the month of October.

Listen to my podcast Dollars and Sense Show. There are several episodes on starting or running a micro business.

If you like it, please leave a review on iTunes. Thanks!

 

Carol Topp

Brainstorming micro business ideas

 

Do you need an idea for a micro business?

In this podcast, Dollars and Sense Show, host Carol Topp, interviewed teenagers doing a brainstorming exercise on micro business ideas.

Listen in and you’ll be impressed by the terrific micro business ideas they came up with!

Some of the audio is a bit difficult to hear because the room was full of a lot of brainstorming activity!

Photos of the student’s brainstorming.

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If you’d like more micro business ideas visit MicroBusinessForTeens.com idea blog posts.

or the Micro Business for Teens Ideas Pinterest page

Starting a Micro Business for Teens BookDo you have a great idea and need help starting your micro business? Micro Business for Teens books and videos will get you started.

Carol Topp

Video: How Much Does An ISBN Cost?

How Much Does an ISBN Cost?

In today’s video, Carol Topp, a certified public accountant and author of the Micro Business For Teens series, answers a common question that many authors ask, “How much does an ISBN Cost?”. Hear Carol’s answer and also find out where you can purchase one:

Are you interested in publishing a novel, short story, or even a non-fiction book like Carol? That’s great! You should check out Carol’s book on starting a micro business.

Starting a Micro Business shares with you the steps you need to take for setting yourself up to be your own publishing business. From the idea, to the business plan, to setting up a bank account, Carol’s book walks you through it all! Check it out on Amazon or on MicroBusinessForTeens.

Video: How to Get Started in Getting a Book Published

How to Get Started in Getting a Book Published

We all have something to say. Some of us realize it quicker than others and begin writing it down. The only problem is we don’t finish the book! This is the most common problem among writers, not finishing a book, and it’s really sad because others would benefit from your words.

In today’s video, Carol Topp, a certified public accountant and author of the Micro Business For Teens series, shares her strategies and tips for finishing a book and how to get it published for others to read:

Starting_small-259x300Do you have an idea that’s begging to be written? Write it down! Get that book out of you and onto paper or screen. Did you know that being an author is a form of a micro business? In fact, Carol Topp talks about how you can build a micro business from your writing in her book, Starting a Micro Business. Check it out on Amazon or her website!

Teen Entrepreneur Turns Down Apple

Teenage Entrepreneur Turns Down Apple

He’s only 19-years-old and he already has close to 40 apps on the App Store!

John Meyer has been an app developer since freshman year of high school. One of his first apps he developed was, Just Light, a flash light app that has been downloaded more than 2 million times!

When John was 16, he wanted to go to Apple’s popular WWDC conference for developers. His only problem was their age requirement; you had to be 18. That didn’t stop John from finding a way around the system. He asked his dad to buy the ticket for him. Then they both flew out to San Francisco and his dad gave John the ticket to go.

“I was 16 and anyone under 18 wasn’t allowed. It was right after the successful flashlight app. My dad got the ticket from Apple, flew back home and left me in San Francisco,” he laughs.

The good news is Apple has since changed its rules and now dedicates a whole teen program just for young developers.

John says he’s really been able to make a connection with many of the Apple staff saying, “I’ve been close with a lot of people at Apple, from going to Apple’s developer conference every year. I’m in a field where I’ve done a lot of things already, an expansive portfolio of projects I’ve worked on.”

 

Apple CEO, Tim Cook standing with John Meyer

Apple CEO, Tim Cook standing with John Meyer

His expertise and connections with Apple actually landed him a job offer to work as an intern for Apple. For many, this is a killer job! Interns at Apple can make close to $5,723 a month. But John turned it down saying, “I am, at heart, an entrepreneur. I won’t be happy working for someone else.”

Although a college age 19-year-old, John decided that college isn’t for him. Instead he’s decided to pursue building his own startups. One of his startups is Fresco News. Fresco basically takes Instagram, Twitter, and Flipboard and turns photos from ordinary people on the scene of big news events into news stories.

His startups are definitely keeping him busy and although college could be a possibility in the future, right now he’s just happy with making apps for fun and profit.

H/T: Business Insider

3 Things Running a Micro Business Can Teach You

3 Things Running a Micro Business Can Teach You

When you’re starting micro business, the main purpose of starting one should be to learn while earning money. Micro owners are interested in learning everything they can about running a business. They intend to make money from their micro, but learning is paramount in their minds.

But what exactly can you learn from a micro? That’s a good question! Below are 10 things running a micro business can teach you, not matter your age or experience level in business.

1. Running a Micro Business Can Teach You To Manage Time

It’s true. You know the saying, “You are what you eat?” The same goes with managing the time with your micro business. Through starting a micro business, you’ll learn how to schedule clients into your calendar. You’ll also learn about working around someone else’s schedule.

Sometimes it’s not always convenient to mow a clients’ lawn on Tuesday, even if that’s the day you have free for them.

2. Running a Micro Business Can Teach You How to Serve Customers

You’ll learn very quickly if you have poor customer service skills! If you can’t work with a customer, they won’t stay a customer.

What’s great is running a micro business can actually help you improve your people and relationship skills. The more you reach out to people to ask if you can offer a service, the better your communication skills will become.

3. You’ll Learn How to Be Unique and Overcome Shyness

This kind of goes along with #2. The more you start talking to people, whether by going door-to-door or over the phone, the less you will stutter, or tense up, or forget what to say. You will learn the skills that are necessary for the future when you end up with a job in the corporate world.

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You will also learn how to become unique as a business person. When you see three posters for a dog walker at the end of the road, you’ll soon realize that you have to come up with a unique pitch to sell yourself to a dog owner.

Just remember, it might be overwhelming to be stretched to doing new things, but starting a micro business doesn’t have to be a daunting task. In fact, you should check out, Starting a Micro Business. In the book, you’ll learn how to start a micro business from scratch. Through the book, you’ll be walked though the steps from getting an idea, to launching a micro business for success. I encourage you to check out the book today. It’s available on Amazon in paperback or Kindle edition as well as on this website.

Carol Topp