Business - News

Saturday, June 17, 2017

How to Make Money as a Kid

Kids of all ages can make money – even young kids! Here’s the ultimate guide on how to make money as a kid.


You’ve heard the stories – kids who at age 6 or 11 had a business idea, found funding, pursued their idea, and made millions before turning 20.


Fraser Doherty is one of those kids who at age 14 developed a recipe to make jam entirely from fruit. After selling the jam in farmers markets and delicatessens for a few years, Fraser took out a $9,000 loan and in March 2007 began supplying SuperJam to Waitrose, a UK supermarket chain.


The deal made Fraser a millionaire before he was 20 and today SuperJam is sold in over 2,000 supermarkets around the world.


Not every kid will have as big a break as Fraser did. But starting a business can not only be fun, but there are plenty of life skills to learn along the way. Oh yeah, and lets now forget about the money that comes from running a successful venture.

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