By Joelle Davidson
Kids need to be kids and enjoy their time as children. But, at
the same time, as they get older, they also need to learn to
make money and function in our society as responsible adults.
Oftentimes, they get a job at a Burger Joint, where they learn
how to listen to a boss, and how to work with others, but then
they may also have to give up some extracurricular activities,
study time and time with family. Not terrible things, but
enough of a challenge that many families are helping their
start their own businesses.
Why? Letís compare the lessons your kid is learning working at
a burger joint verses starting a business.
Burger Joint: Yes, it teaches responsibility. You need to show
up for work and do a good job or your boss and co-workers will
get mad at you.
Entrepreneur: Teaches you responsibility as well. You need to
work hard or you wonít get paid.
2. The Value of a Dollar
Burger Joint: You learn that time is money.
Entrepreneur: You learn that creativity, ownership of
responsibility and hard work is money.
3. How to Market Yourself
Burger Joint: Teaches you how to fill out an application and
on an interview to market yourself. You do this once and then
Entrepreneur: You have to market yourself and your business on
an ongoing basis if you want to make any money.
4. Customer Service
Burger Joint: Service with a smile or your boss may reprimand
Entrepreneur: Service with a smile or you donít get repeat
business and your income drops.
5. Banking Skills
Burger Joint: You learn how to collect a paycheck and how to
deposit it into the bank.
Entrepreneur: You learn how to budget for advertising costs,
taxes, and expenses and weigh them against your profits. You
learn to deposit your income into the bank and write checks to
cover expenses. You learn how business works.
As you can see, both options have benefits. As for which
youíll choose? Thatís up to you and your child.
About The Author: Joelle Davidson welcomes you to
www.showkidsthemoney.com where youíll find plenty of
free information to help your kids start their own businesses.