21 Small Business Ideas for Kids

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In this article, we will take a look at the 21 small business ideas for kids. If you want to skip our detailed analysis, you can go directly to 5 Small Business Ideas for Kids.

Shopify for Kids: Igniting the Entrepreneurial Spirit

Shopify Inc. (NYSE:SHOP) is one of the largest e-commerce platforms. Shopify Inc. (NYSE:SHOP) offers a Digital Business Starter Kit for kids to fuel the entrepreneurial spirit among kids. The kit includes 10 business activities, 5 bonus activities, branding exercises, and case studies. The kit is also tailored to customers' needs and is free of cost. Kids can also set up their store on Shopify. Setting up a store as a kid requires parental support and supervision. Shopify provides templates for kids to build their websites. You can also read our piece on the popular brands that use Shopify.

Lily Harper, as a nine-year-old, became the founder of Lily Lou’s Aromas, a scented candle, wax melts, and room sprays brand. She also has an Instagram page with more than 58,600 followers, as of April 21, 2024. She used Shopify Inc. (NYSE:SHOP) to set up a website for her own business. The website is also an online store for her products. Lily Harper uses Instagram to reach a wider audience and uses Klaviyo for a more personalized email marketing experience. She is currently offering a 15% discount on the first order. A candle is priced somewhere between $4 and $9, on average.

The Rise in Kidpreneurship

Kids and teenagers are turning toward entrepreneurship and business. According to a survey by Junior Achievement USA, of 1,000 US teens between the ages of 13 and 17, 60% of respondents want to start their own business as opposed to working a job. The rise of content creators and social media has also developed entrepreneurial interests in kids, as 2 in 5 American teens were motivated by influencers and celebrities to start their own businesses. Moreover, 37% of teens also voted in favor of adding courses that teach entrepreneurship to their school curriculums.

YouTube, a product of Alphabet Inc. (NASDAQ:GOOG) is one of the most popular platforms for kids. Alphabet Inc.'s (NASDAQ:GOOG) YouTube does not allow users under 13 to set up a YouTube account. Children between 13 and 17 may create a channel but they do require consent from their parents. YouTube for Kids is a safer version of YouTube, specifically for kids. Ads placed and content published on YouTube for Kids are carefully monitored. YouTube for Kids has more than 500 million downloads on the Google Play Store, as of April 21, 2024. On December 11, 2023, CNN reported that YouTube remained undefeated as the top choice among kids and teens. 93% of the 1,500 teens surveyed stated they used YouTube. Such explains why we should expect a new wave of young media influencers on Alphabet Inc.'s (NASDAQ:GOOG) YouTube in the future. Let's take a look at some of the notable kid influencers on YouTube who are viral personal vloggers.