1. Open a separate bank account for your child. Limit the use to his or her business activities. You don't want to use the college savings account.
2. Connect the bank account to a https://www.paypal.com/ account
3. Encourage your child to get their friends involved in Small Business Camp for Teens. If you have the space, maybe you could invite them over your place for a group experience. You would need to have internet access and a separate computer for each teen.
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About Me
- Andrew Morrison
- Andrew Morrison is the founder of Small Business Camp - an entrepreneurial training, coaching and consulting firm. Previously he built a multi-million dollar company by providing innovative direct marketing services to Fortune 500 companies. He appeared on the Oprah Winfrey Show – Young Millionaires and was featured in the Wall Street Journal, Entrepreneur Magazine, The Network Journal, Crain's Magazine 40 Under 40, and Advertising Age. The Direct Marketing Association awarded Andrew the prestigious Young Direct Marketer of the Year Award . In February of 2007, he trained 1,200 entrepreneurs in Nigeria, West Africa. Andrew recently completed his first book entitled, "21 Questions That Can Build Your Business in 90 Days."
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