Help! – The Kid With Entrepreneurship on his Mind

What do you do with a 10-year-old that has Entrepreneurship on his mind?

EntrepreneurshipOur 10-year-old Lars is kind and has a gentle spirit, with an amazing personality and an incredible mind.  The entire month of December, this 10-year-old was wondering what he needed to do to get into a good college.  He was up countless times late at night secretly researching many of the top universities in the world, on his own.  Each day he would come upstairs and spark up a conversation like: “Hey, do you think it would be good for my college application if I built a robot?” or “Can I have 2 majors when I go to college?”  We didn’t instigate this topic of conversation, so where is it all coming from?

This went on for several weeks and the conversations took us everywhere.  While we love him thinking about college and planning to attend, we don’t want him to forget he is 10!  He should be playing with his friends and just simply enjoy life. (He does get plenty of “friend time” too).  We kept reminding him he has plenty of time before he needs to think seriously about college.  “How about waiting until you are at least in high school?”  Either way he just couldn’t take his mind off of college.  Finally after close to a month, and even a few emails with a family friend currently attending college, he decided he would wait to investigate any further. (Thanks M. Arceri!)

Then it was time for his mind to shift to Entrepreneurship!  Just about every day for the next few weeks, he was researching how to start his own business on-line.  One school night at approximately 10 PM, he found an article regarding a 10-year-old CEO and came running upstairs to tell us.  (What is he still doing awake? We thought he was fast asleep). He wanted to be like her, he wanted to start his own business.  Trying to be supportive, but a pragmatic parent at the same time, he was told to put the laptop away and go to bed!   This too continued each day with new ideas all of the time. He wanted to make things and sell them.  He wanted to start an export business from Spain and even researched how to set up such a business.  We have a non-lucrative visa, which applies to the entire family so no exporting for us.  We don’t want to shoot down his ideas, but there are so many that we aren’t sure are possible.

We don’t want to squash his dreams, but at the same time we don’t have a clue how to properly nourish and support this precious mind.  We help him with research and try to figure out what we can do to help.   Alan provided Lars with a blank eCommerce web space in our domain, so Lars could tinker all he wanted.  He is also learning a little “code” here and there.  We try to discuss the concept of “man power” and if he is “making” something, then he will reach a limit of what can be physically produced.  These have all been great discussions, but we are leaving him empty-handed with no business or something to call his own.

Finally we asked Lars why he wanted to start a business so badly.  It turns out; he wanted to earn money to fund our travels.  He wants to travel more and see as much of the world as we can.  We let him know if he makes any money with a business, that it would be “his” money.  He would save it for college.  “Mom and Dad” would need to figure out a way to extend our travel on our own. AHH, Great! The pressure is on now!

In the meantime, Lars is now eager to journal and potentially write an e-book on his experiences.  Of course, he asked if being a published author would look good on a college application.  He and I have decided to go to a little café once or twice a week and just write whatever is on our minds. Today is our first day and what better for me to write about than this experience.  I sit here and look at him and wonder where “The Kid With Entrepreneurship on his Mind” will go in life.

Look out world; we hope there are big things to come. And if not, we love him and his spirit for trying.

If anyone has any clue how we can help support and nourish this mind, send us your comments, links, suggestions!

This entry was posted in Experiences, Kids Choice and tagged , , by Heidi. Bookmark the permalink.

About Heidi

Heidi has a passion for travel and has been exploring the world with her husband and 2 kids, since August 2012. She's visited more than 50 countries and loves to write about their family adventures, mishaps and costs. She has been an inspiration to others wanting to live their dreams. Her travel tips, planning posts, cost breakdowns, accommodation, and product reviews are also very popular. Her current home base is in Spain. Any post on this site may contain affiliate links. If you make a purchase, there is no extra cost for you and we may receive a commission.

9 thoughts on “Help! – The Kid With Entrepreneurship on his Mind

  1. Ah, If you could only “bottle” Lars’ spirit, ambition, ethics, curiosity, etc., you’d be able to travel forever. Oh what most parents would give to have a child with an inkling of his drive.

    • You are so right Judy! Maybe we should spend our time doing just that… “bottle” it up. hmmmm….It is fun, but can be exhausting trying to keep up with him. Seems like travel has really pushed a button with him and he wants to keep going. Problem is, we all do!

  2. Hi Heidi and Lars! I have a website with a company called SBI whose founder has a daughter who began her own business when she was only 14! You can read her story, just google SBI (I’m not an affiliate or anything so I don’t get paid for recommending them, I just love their webhosting and think they are awesome, they get me hundreds of readers every day! And my blog only gets about 10…………) Lars could do something similar. Today that daughter is about 24 and she earns thousands of dollars every month from that business that she started 10 years ago!

    • Serena you are so wonderful! Thank you so much for trying to help us out and point us down this path. We will look it up and check it out for sure. We really need to meet you some day! 🙂

      • Oh my I didn’t know there are so many companies called SBI (I just googled it). Well, this is the one that says SBI Build an e-Business. They really do do everything that they say that they do. They include a HUGE tutorial for computer dummies like me who don’t know how to design a website so that we can learn how to do it (no need to hire a web designer!). Then they show you how to get readers – and then what and how you want to market whatever you want to market is up to you! That’s the stage where I am right now, trying to figure out what I can develop so I can sell it. But I’ve got the readers (I just don’t have the product or service yet!). But the most important thing is to get the readers, because if you have readers, when you have something to sell, SOMEONE out of all those hundreds of readers is sure to be interested. You had some really interesting ideas, like tutorials or courses to teach people how to get residence permits or how to move abroad, or Lars could write e-books.

        • Yep, I found them. Going through the video now. We have loads of ideas, just need to think it through and figure out if we want to invest the money to start. I would love to see how it turns out for you. These look great. The what to “sell” or “monetize” is the tough part for sure. This is helping our minds spin and brainstorm for sure.

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