Little business for youngster

Little business for youngster

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Discussion

ThingsBehindTheSun

506 posts

34 months

8IKERDAVE said:
I am starting by giving him £10 to go to the charity shop with a view to selling the items on Vinted.
Charity shops actually have people who cherry pick all the really decent stuff and sell it on eBay. I think the chances of finding something that is worth selling on at a profit is slim, plus stuff there is WAY more expensive that you think these days.

My partner was going to buy some second hand books for our holiday, but it isn't that much more expensive just to buy brand new ones from Tesco or The Works.

InitialDave

12,063 posts

122 months

8IKERDAVE said:
Superb suggestions there everyone, thank you. I think a few of these can be explored. I am starting by giving him £10 to go to the charity shop with a view to selling the items on Vinted. His challenge is to make ANY profit, then I will double the investment the following week.

I can't really bring him into my business, we are a sign and vehicle graphics company and my unit is 20 miles from home. If it was round the corner I'd have him doing odd jobs here but realistically there's not much an 11 year old can do without using the equipment which I'm not keen on.
Ok, in that case I definitely want to restate my suggestion above about something to do with vinyl cutting, making his own stickers for people etc.

It's a subject you (should) know about and can offer guidance, letting him use any offcuts etc you have might help, and if he finds it's going well, it's easy to introduce him to the business decisions of subcontracting work out (to you) vs capital investment in better kit himself.

Can just start with how to do designs that will "work" with the equipment, minimum radii on features to allow for a neat cut, stuff like that, no need for him to touch any physical equipment at the start.

Or can bypass the making and get him involved in learning how to properly align things, apply stuff to a double curvature, avoid air bubbles etc.

For example, when I were a lad (eeh bah gum, up 'ill both ways in't snow etc), we would wrap our school exercise books in paper and then clear vinyl to identify and protect them. If that's still a thing, do his classmates want custom ones already trimmed to size for the books etc?

DSLiverpool

14,852 posts

205 months

Yesterday (01:50)
quotequote all
8IKERDAVE said:
My 11 year old lad is taking a bit of an interest in earning money. As a business owner I'm keen to encourage his entrepreneurial spirit but of course there are many limits for a boy of this age.

I think gone are the days of walking around with a bucket and sponge offering to wash peoples cars for £5 (nor do I fancy a huge bill when he drops the sponge and rubs grit all over someones P&J!) so I haven't encouraged that one. I've gone down the route of advertising his old toys on FBMP and eBay but that's not really a business in my eyes as there's not really any buying and selling involved.

I've considered trawling the car boots looking for hidden gems and then selling online so that is one option, but I wondered if anyone had any other ideas we could try. Obviously I would be overseeing everything he does but as I said earlier I'm quite keen to encourage this.
This is where the trade buy from, https://vintagewholesalesupply.com/
Young lad Jacob owns it, does millions.

RSTurboPaul

10,753 posts

261 months

Yesterday (02:21)
quotequote all
Building maps in Fortnite Creative mode / UEFN?

Apparently pays silly money if you can get a regularly high usage by players.

https://www.theverge.com/2023/6/1/23743439/epic-ga...