At least you tried!

In the book 50 Interviews: Young Entrepreneurs, the authors, Nick Tart and Nick Scheidies interviewed Savannah Britt, who runs GirlPez.com, an online fashion magazine. She shares some great advice about managing your time while running a business.

On Time Management and Business Plans:

Savannah Britt is in high school,plays basketball and runs a magazine. She works on her mag on Saturday mornings and keeps a calendar in front of her. She also planned her business: “Basically, I wrote an outline. It was pretty brief, but it covered everything about the magazine: who I want to serve, who it will circulate to, and where I see myself in ten years.”

On learning:

“There is no reason to be hesitant. I know they might be nervous, they might be shy, and they might want to give up after their first try – but becoming an entrepreneur is a learning experience. You are going to use a lot of the things that you learn now as an entrepreneur when you’re an adult. Just try it. If you don’t like it, then you can stop – but at least you will be able to say that you tried. And it’s fun.”

I highly recommend Nick & Nick’s book. You’ll find more great stories of teenagers, like Savannah, who have started their own business. You can learn a lot from them!

 

Carol Topp, CPA

All I want for Christmas is a micro business!

Ever heard of getting a micro business as a gift?
Tammy Murray of Sacramento, received an amazing gift for Christmas: the business of her dreams.

Tammy’s son, Bryan, heard his mom talking about her dream business — sending cookies and care packages to college students — for more than a year. Tammy’s done a bit of groundwork. She has the recipes and lined up a commercial kitchen. She even had a possible name for her business: Tammy Loves Cookies or TLC.

Like so many entrepreneurs, Tammy’s timid about taking the next steps. So Bryan decided to give her a gentle push. For Christmas, he’d give his mom some business cards, a website, and a domain name.

What a neat idea!  Read more here.

If you are a teenager looking to start a micro business, did you put I want a micro business on your Christmas list? Why not!

Here’s what you could ask for:

  • Computer
  • Accounting software like Quickbooks
  • An hour with an accountant to guide you and answer your questions
  • A logo designed by a graphic artist
  • Business cards
  • Books on business and entrepreneurship, especially the Micro Business for Teens books!
  • A few hours with a virtual assistant to set up a mailing list or a shopping cart

Some of these might be difficult to wrap, but a gift certificate explaining the gift can be drawn up on a computer or simply written by hand.  It’s the thought that counts!

Merry Christmas

 

Carol Topp, CPA

Excellent Book for Teens!!

 

From a reviewer on Amazon.com:

I enjoyed Starting a Micro Business – from the Micro Business for Teens book series. The book was informative and no doubt a godsend to teens and mothers and fathers of teens as it was a great tool to get a teen started in a business of any kind.

In the Introduction the author Carol Topp explained the reason she wrote the book, “This book is geared toward teenagers and their lives. There are no unrealistic expectations of opening a restaurant. There are ideas of businesses that real teenagers have started and run successfully. I provide a lot of examples of teenagers I know personally. I walk you through some very important topics such as making a plan and avoiding debt. That’s how this book is different!”

The author is a CPA thus she has the knowledge and ability to offer her readers practical advice about becoming a micro business owner. I found the definition of a micro business as opposed to an entrepreneurship interesting. The Micro Businesses Are Popular statistics (page 13) was quite surprising.

Examples of teens running micro businesses inspired me to be better focused on my own micro business (which I had not referred to as such until reading this book)! I need to get Dave’s phone number (page 31) as I could also use a bit of help with my iTunes/Ipod Smart List. Examples of micro businesses a teen can pursue were very helpful. I appreciated [...], [...], [...] and so many more.

The Business Plan charts presented a treasure chest of guidance for a person of any age to utilize when planning to start a business. So many businesses fail for lack of planning. This non-intimidating resource was so helpful in considering the foundation for a business of any size. Thedown to earth format allowed me to realize planning a micro business for a teen may be easier than anticipated.

I appreciated Scripture verses along with secular sayings. The subtle backdrop was the Bible and also the author repeatedly reminded the teen to speak with his/her parents about what they learned from reading the book. Ms. Topp’s offer of accounting advice if the reader did not yet have an accountant made me smile. She came alongside her reader throughout the book with encouragement and promoted a “can do” mantra.

Finally a book available for teens somewhere in between a lemonade stand and a storefront. No doubt the entire series will be a welcome resource if it also teaches, exhorts and encourages youth as did Starting a Micro Business. Every teen parent would benefit from reading Starting a Micro Business. I enjoyed it immensely and hope to read more of the Micro Business for Teens book series soon.

Don’t let anyone think less of you because you are young. Be an example to all believers in what you say, in the way you live, in your love, your faith, and your purity. 1 Timothy 4:12

Disclosure of Material Connection: I received this book free from Kathy Carlton Willis Communications as part of their book review bloggers program. I was not required to write a positive review. The opinions I have expressed are my own. I am disclosing this in accordance with the Federal Trade Commission’s 16 CFR, Part 255 : “Guides Concerning the Use of Endorsements and Testimonials in Advertising.”

 

5.0 out of 5 stars Excellent Book for Teens!!, June 27, 2011

Economic Self Reliance for Your Teenager

 

From a reviewer on Amazon.com

Economic “Self Reliance” for Your Teenager, April 12, 2011

 

“The difference between try and triumph is a little umph.” ~ Anonymous

I didn’t have a lot of disposable cash as a teenager growing up simply because my parents both had lower middle class jobs and five kids to support. To further confound the problem, my parents forbid me from having a paper route because they didn’t want to end up having to deliver the papers themselves which is understandable.

So I was generally unemployed until I was 16 and had my driving permit. The ability to drive enabled me to work three evenings a week at a restaurant 15 miles from my home. After that, I’ve had a job ever since.

Back then, I would have welcomed Carol Topp’s book Starting a Micro Business. Topp takes the time to explain the micro-business concept – basically a no-cost, one-person operation using the owner’s knowledge and “sweat equity” – and she applies that concept to a teenager. She provides a great deal of insight, tactics and planning tools to ensure the maximum chance of success for the student entrepreneur.

This book personally resonated with me because it also speaks to a higher aspirational goal of a partnership between parents and their kids. The parents allow the kids to “try” while the teens are inspired to add the “umph” – referencing the quote at the top of this post. The fact that this type of partnership was lacking in my own life is one of the reasons why I can relate to the need for this book.

Because that type of collaborative approach is an invaluable lesson to teach any teenager since they’re going to apply it in virtually any profession or project they pursue in life. Topp’s book is tops in that regard!

 

5.0 out of 5 stars Economic “Self Reliance” for Your Teenager, April 12, 2011
By Tor (Clarksburg, Moldova, Republic of)
This review is from: Starting a Micro Business (Paperback)

 

 


Video: Starting a Micro Business Interview

Mary Jo Tate talks with Carol Topp, author of Micro Business for Teens about setting up small businesses with your teens.

Great Business Guide for Teens

 

From a reviewer on Amazon.com

 

Great Business Guide for Teens

I LOVE the book and highly recommend it in preparing young people to earn money in so many ways that produces good work ethics. Carol encourages teens to work hard and how to go about having good business skills. We live in the country and I have had the privilege of teaching young people how to play the piano. Two of my former students now drive to homes and provide music lessons to earn extra spending money. Carol touches upon this idea and much more.

Oh my, how I wish this book was available to me way back then. As a grandmother of 4, I will personally be sharing this 5* book with them at a later date.

Starting a micro business is empowering and rewarding. Carol’s professionalism and warm approach to helping people is quite evident with her many books about business blueprints, tax info and business low risks on this subject.

In this particular book she breaks down the nuts and bolts of starting your own business in 7 chapters with easy to understand advice.

What is most impressive is Carol’s approach to internet marketing savvy and her passion with dedication in helping teens succeed. Best wishes and much continued success to Carol Topp. I enjoyed reading your book.

If you’re looking for a realistic, practical guide that is helpful for teens starting a micro business and becoming successful through the process, then purchase the book and spread the word.

 

5.0 out of 5 stars Great Business Guide for Teens, April 12, 2011
This review is from: Starting a Micro Business (Paperback)


Do you want to earn some money and learn a lot?

From a reviewer on Amazon:

Do you want to earn some money and learn a lot?

STARTING A MICRO BUSINESS is the book for you. It will give you practical advice in what kind of business you can realistically expect to start (no teenage restaurant owners here) and includes all the steps from starting the business to writing a business plan all the way to running the business successfully (with everything between included.)

If your teenager wants to earn money and is too young to work at McDonalds, then this is the book to consider for him/her. It will help them with everything, including the all important keeping track of what you earn and reporting it as income tax (if applicable). It will teach teenagers (and adults) all the business aspects for the ins and outs of running a successful business from home.

With plenty of true life stories and spaces to write out your information, this book will be invaluable for your teen–and you.

4.0 out of 5 stars Starting a Micro Business, April 10, 2011

 

 

Discount on How to Start a Micro Business Virtual Class

Do you have a teenager interested in starting a micro business? Would they like some personal mentoring and encouragement?

A virtual class is an on-line version of the old-fashioned correspondence course, but more interactive. It offers students an opportunity to work at their own pace and interact with other students launching a micro business and the instructor.

The class is self-paced; there is no set time that the student will have to meet for class time.

The class can start whenever you wish and take as long as you need.

Class Syllabus

Sample Lesson: Lesson One What Is a Micro Business?

Here’s how it will work:

A student purchases the textbooks and enrolls in the class. A welcome email will give the student the class website and password.

Each lesson (13 total) will have a short video, a reading assignment, a workbook assignment and homework to post on the class website for comments and interaction with other students and the instructor. Examples include posting to the website (as a blog comment) a marketing goal for the week or an explanation of three customer service tips to implement.

The cost of the virtual class is $65.$32.50

Special for Spring & Summer 2011! 50% discount  The price is only $32.50

For that your student will receive access to the 13 class lessons, encouragement from the instructor, and an opportunity to interact with other teenagers launching a micro business.

Three text books are required. The required text books include:

Ask about my family discounts for siblings! Email me at Carol@MicroBsuinessForTeens.com

The offer is only good until September 30, 2011 so enroll now!

Spring Cleaning: A Time for a Teenagers to Make Money

Most people see spring as a time to declutter, clean out and recycle our unneeded stuff—but it is also a great opportunity for a teenager to make some money. There are several micro businesses a teenager can start by helping people with spring cleaning.
A micro business is a one-person business that can be started easily, usually without any up-front cash, using equipment that a teenager already owns. Micro businesses are usually very flexible so a busy student can keep up with homework, sports, and a social life while still earning some extra money. They may be temporary, only lasting a few weeks. On top of that, micro businesses are easy to start and easy to close down.
Here are some ideas for a micro business a teenager can start this spring:

  • House cleaning: Offer to tackle large jobs like washing windows, moving furniture, etc. Many people are grateful for a young, strong teenager to help them with heavy lifting. What is easy for you might be very difficult for them, especially if they are an older person.
  • Routine house cleaning: Some customers need regular house cleaning and may hire you on a weekly or monthly basis. Don’t wait for them to ask: offer to come weekly or twice a month and see what they say.
  • Attic cleaning: Offer to help people do a job that they put off, such as cleaning an attic.
  • Garage cleaning: A big job that can earn you big bucks!
  • Yard cleanup: Offer to trim bushes, pull weeds, plant flowers and spread mulch to spruce up a yard.
  • Car and van cleaning: People spend a lot of time in their automobiles and their cars and vans need frequent cleaning. Melissa gladly paid to get her van cleaned inside and out every week because her four children could really make a mess in it. You can make some cash by offering to clean a van inside and out.
  • Organize: Organize a house, playroom or garage. Charge the customer for any bins, tubs and labels that you purchase for them and then add on the value of your time. Take before and after photos to use on your advertising fliers.
  • Declutter: Do you love HGTV shows on organization? You might be able to find someone to hire you to declutter their house like you see on TV.
  • Garage sales: Advertise, organize and run a garage sale for your neighbors. Get several neighbors to participate together and really earn the bucks!
  • eBay sales: Offer to sell your neighbors’ stuff on eBay and take a cut for yourself. Combine the decluttering, garage sale and eBay tasks into a full package to help your customers profit from their excess stuff.

Do not be too hasty to reject some of these ideas. No one likes any job that has the word “cleaning” in it, but you will not be doing it for the rest of your life. A micro business based on spring cleaning does not have to last long—a lot of money can be earned in a few weeks. It may take a bit of planning to be ready to work when the first signs of spring start.

TIPS TO GET STARTED:

  1. Choose what you will offer: cleaning, decluttering, full packages, etc.
  2. Who will be your customers? Think of places that people gather and see them as potential customers. Focus on your neighborhood, your church, or families from your sports team. Make a list of neighbors, friends, teachers, your parents’ friends, etc.
  3. Conduct a market survey. Start by asking a few potential customers if they need your service and what price they are willing to pay.
  4. Decide on a price. From the market survey, you should be able to set a fair price. You may get your first customers by undercharging the competition. One teenager charged half what other house cleaners were paid and quickly had several customers.
  5. Volunteer to do a few jobs for free to practice your skills and to build a reputation. Use recommendations from these jobs in your advertising.
  6. Launch your first advertising campaign. Try to use free advertising such as emails, on-line forums, Facebook posts, and handing out fliers to friends and neighbors. Be sure to include several ways to contact you, including email and phone numbers.

Many people are very happy to hire teenagers for spring cleaning jobs. Start advertising your micro business services now and be ready when spring arrives.

What Your Child Can Learn from Starting a Business

The Ultimate Homeschool Expo 2011 starts Monday May 2!

UHSE2011Block1

I have pre-recorded two sessions:
5 Ways a Homeschool Co-op Can Benefit Your Child
and
Career Exploration for Homeschool High School Students

and on Wednesday May 4 at 11 am EDT, I will be presenting:
What Your Child Can Learn From Starting a Business

Does your child have a desire to earn money or share their talents in the marketplace? Encourage them to start a micro business. By running a micro business you child will develop skills in business, time management, speaking, writing and grow and mature in confidence all while making some money of their own!

The Ultimate Homeschool Expo is the largest on-line homeschool convention with over 100 sessions and 50 speakers.

Here’s a schedule for the week:
May 2 @ 11:00 AM EST Cindy Rushton:Lord, Give Me a Vision–YOUR VISION!
May 2 @ 2:00 PM EST Marnie Swedberg–Kitchen Shortcuts.
May 2 @ 4:00 PM EST Lorrie Flem:The Ten Suggestions for Moms.
May 3 @ 11:00 AM EST Rick Boyer:Take Back the Land.
May 3 @ 2:00 PM EST Debbie Strayer:Reviving Your Teaching and Your Students
May 3 @ 4:00 PM EST Coach Rick Andreassen-SAINTS Ministering to a Child’s Heart
May 4 @ 11:00 AM EST Carol Topp:What Your Child Can Learn From Starting a Business.
May 4@ 2:00 PM EST Kim Kautzer:College Prep: Is Writing on Track?
May 4 @ 4:00 PM EST Cathy Duffy:Learning Styles: Choosing Curriculum to Fit Each Child.
May 5 @ 11:00 AM EST Cyndi Kinney:Using the Psychology of Color in Education.
May 5 @ 2:00 PM EST Dr. “Doc” Thomas Sharp:Truth in Science: Biblical View of Dinosaurs.
May 5 @ 4:00 PM EST Regina Hicks:Incorporating a Thomas Jefferson and Classical Approach to Your Educational Adventure.
May 6 @ 11:00 AM EST Maggie Hogan:Highly Effective Habits of Happy Homeschool Moms.
May 6 @ 2:00 PM EST Denise Mira:7 Keys To Unlocking the Leader Within Your Child:
May 6 @ 4:00 PM EST Brian D. Ray, Ph.D. If Homeschooling Is So Good Why Don’t Educators Promote It?

Isn’t that a great line up?
But there are more audio sessions, a virtual vendor hall, with freebies like ebooks, audios, giveaways and door prizes.

Learn more here.

If you can’t join the Expo live, the workshops are recorded and you can listen on your computer or download to your mp3 player and listen at your leisure. I like to listen as I take my morning walk!

Tickets are $39.95, but on special for only $24.97 for a limited time.

Buy your ticket here

Carol Topp, CPA