Are You Helping Your Kids Develop Their Own Financial Independance?
By CharlyLeetham • May 12th, 2008 • Category: Articles by Resident Authors
O.K, so your busy building your online business and securing your own financial independance. Have you considered your kids though?
I don’t think anyone would disagree that our kids are handling the “new global environment” and embracing Facebook, MySpace and other such networks. Do you think that they would understand how to build a business online? Don’t you think we owe it to them, to give them the opportunity to start young enough and be financially secure before they leave school? Don’t sell them short, they probably understand more than you think they do.
I have been working with my children over the last 8 months in setting up an online enterprise. Interestingly, my 11 year old daughter “got it” earlier than my 13 year old son. She has had a blog and has been promoting affiliate products since roughly November 2007.
However, it took for my hubbie and I to attend the World Internet Summit in Australia in March 2008, to understand just how we could help our kids.
Since March, we have each been coaching our children in finding and developing a niche. With some great success. My 13 year old now, manages most of my blogs and regularly updates his own blog and finds new information to share with his readers. He also checks the analytics on his site to see what people are looking at, and how they’re finding his site.
My daughter, is active on a number of “children friendly” forums related to her niche and has some very good discussions around her niche. She is more into the product creation side of the marketing and is now considering what she can do to expand her offerings, or start in a new niche.
My point? Simply, by giving my kids the basic principles of marketing online and some easy to use tools, they are keen to ensure their own financial independance. If they do take on JOB later on, they will do so because they want to, not because they have to.
I did a Video interview with the two of them recently and the results were really astounding. View the Video interview with two young Internet Entrepreneurs.
So, are you helping your children ensure their own financial independance while your building your business? Tell me what you’re doing.
CharlyLeetham is an Internet Marketer with over 20 years experience in the IT Industry and is enjoying her journey to developing an online business.
She wants to share her experiences in that journey to help others succeed.
Email this author | All posts by CharlyLeetham
What an awesome idea. I think I will start with having my daughter manage my blogs. Thank you for the suggestion. And what a great post.
Tricia’s last blog post..My Love of Reading
[...] Are You Helping Your Kids Develop Their Own Financial Independance? [...]
I don’t mean to be too in your face, but I’m not sure I agree with this. Anyhow, thanks for sharing and I think I’ll come to this blog more often.
Max, it would be interesting to understand why you don’t agree.
Charly Leetham’s last blog post..Virtual Smart Agent - Your Sales Person in a Box
Hi was searching Google for Internet Marketing Clinic and your blog regarding Helping Your Kids Develop Their Own Financial Independance? | Dr. Sally Witt looks really interesting for me. I will definitely bookmark it and come back for more cool postings to read! Cheers!