There are many online business ideas for a kid to earn good money nowadays. However, for 2018 there has been the ultimate online best business to start and the reason is this. If your child has the will to learn a skill deeply, they can reach a very essential point and become the number one in this field as time goes by. This is translated to millions of dollars per year. This means they can gain their freedom in life and become whatever they want.
We need to set a good example for our children, they need to see us reading the best entrepreneur books and watch motivation films. Teenagers almost never listen to what is being taught, but they follow what they are being shown, instead. So, this is the best motivation for you too. The fact that you want your child to get into innovation and entrepreneurship.
The niche I am talking about is extremely simple to follow and it is really easy to best business to start. You need nothing more than a computer, internet connection and the will to work on it on a regular basis. The key here is consistency and the commission to yourself that you can become one of the most successful teen entrepreneurs and even one of the richest kids in the world.
I am talking about starting a Tutoring Business.
Getting great grades in school really does pay off! I don’t mean just pocket change to earn an extra $100 a week — your child has the potential to create a multi-million-dollar business. Granted, it will take years of hard work and dedication, but this is something they can start during high school.
A great tutor actually possesses the qualities of a great entrepreneur. Both a tutor and entrepreneur need to have excellent communication skills and leadership qualities to best business to start.
Talk with your child and try to find the specific subject that they may excel at school and may well consider becoming a tutor. Tutoring is a valuable part of an education and a great way to earn a few extra dollars for teens.
If you want the entrepreneur salary, first you need to get the entrepreneur mindset.
To get started, first they need to decide on a subject. They may excel in math, history or anything else. They need to consider their strengths and weaknesses alone before they sign on as a tutor. It is highly important that they decide the subject they love or are willing to learn more about. They don’t want to tutor a subject that you’re not familiar with. That would never be not only a teen entrepreneur elevator pitch but would be counterproductive instead and you will have the opposite results.
After choosing the subject you need to check your local laws to make sure they don’t need a license before they begin this venture. Once they have that done, they are all set to begin. Price their tutoring accordingly with what others are charging for similar services in your local community. Most tutors charge by the hour but let your child decide what is best for them.
The most important part is to show off. No one needs the best business to start a degree or business management skills to do that properly! They need to read as many entrepreneur books as possible to gain the confidence and business communication skills. The first thing they need to do is call or stop in at your local school district and simply ask if they are hiring or looking for tutors. Even if they are not currently hiring, mention that they should leave their name and number in case they need in the future. For this reason, they will want to have some sort of resume on hand to give them so that they know what they specialize in.
They can also post flyers in local libraries or other community locations where tutoring may be needed. You need to be absent in all these procedures. They need to learn alone and gain confidence and not count on your back for help, only for support.
You can also advise your child to take out a small ad in a local newspaper offering professional tutorial services. Friends must know that they will be tutoring as well.
The clients’ list will be built slowly and steadily. Relax your kid about this procedure and encourage them not to overwhelm themselves. Remember they need to keep up with their own studies and development too.
There are a few different ways to tutor. They can simply assist a student in completing an assignment that they are struggling with such as math, algebra, history or such, or they can create a lesson for them to follow and help them through it.
Dedicate some time to watch famous entrepreneurs’ beginnings, most of them started from tutoring. They searched for money making ideas while struggling with jobs that made them feel miserable. Young entrepreneurs across America and all around the world and all types of entrepreneurs have this in common.
Online tutoring is the future in lifelong education and I wouldn’t regard it as the best business to start. It can become huge! People now have the possibility to learn whatever they want from any place of the world and they are willing to pay a lot for a skilled tutor. The more specific your child’s niche is the more people are willing to pay. If they deliver value for their students, money will just follow. Starting from an early age gives the advantage of extra time and experience. When you are first in something and work for it, it naturally comes. This is how the internet works and new generations are privileged to enjoy it.