How to Create a Micro-Business in Your Home [Show]

We are called to be creators, not just consumers. When we start a micro-business, we are innovating and creating opportunities for ourselves and others—creating more space to grow and give. Micro-businesses—companies with annual sales and assets valued at less than $250,000 and fewer than five employees, including the owner—thrive in a home-based environment. What are you already doing for free that could be channeled into a micro-business? Graphic design? Dog walking? Babysitting? Writing? Yard work? Sewing? Teaching? If creating a business like this sounds exciting, join us to learn some basic building blocks of starting a micro-business.

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Show Notes

A micro-business is defined as one employing fewer than 10 employees and generating an annual revenue of less than $25,000. This is an amazing opportunity to teach your children money management and life skills.

View the time you invest to create your micro-business (or your student’s) as the sacrifice you can make to have what you want.

Parent investment is key—perhaps money, but definitely time. Remember, your overarching goal should be to raise a productive member of society. The lessons of running a business extend far beyond academics to people skills, economics, entrepreneurship, and so much more.

Start by thinking, “What are the jobs no one else wants to do?”

The book Entrepreneur Academy by Steve Martin is an excellent resource for you and your student.

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