Yes! – How an 8 year old can make money online
So, you want to get your kid started with making money online, but you’re not sure how to do it? There are a lot of myths and misconceptions floating around out there that make this seem like a complicated process – when it’s really not! In fact, your kids can make money online right now! You just have to understand where they can make money, how much they can earn, and what their options are (and you will!). This article shows you how an 11 year old can make money online as well as how an 8 year old child can start making money online today.
1) Identify Multiple Ways to Earn Income
There are multiple ways to earn money online. If your kid likes to draw, for example, you could sign him up for a paid drawing website like EasyDrawings where he’d be able to create fun doodles and get paid anywhere from $0.25 to $7.00 per image he sells depending on whether it’s black & white or color.
2) Figure out What Works for You
Let’s start with a hypothetical: Your 11-year-old daughter comes to you and says she’s interested in starting her own business. Where do you start? First, it’s important to figure out how your child wants to earn money. Is she looking for part-time jobs that will help her earn some spending cash? Or does she want to run something big, like a drop shipping business? It all depends on her interests and skill level.
3) Learn the Importance of Patience and Persistence
You might be surprised how long it takes to earn your first dollar, so don’t get discouraged. It took Thomas Edison several attempts before he invented a commercially viable light bulb. And Beethoven was 30 before he completed his first symphony. The point is that success requires hard work and determination over time, so be patient and persistent in your efforts to build something great for your future!
4) Have Fun, Be Creative & Don’t Worry About Making Money Yet
Let’s face it: Starting to earn a living on your own at such a young age is often not encouraged. However, if you want to get started with making money right now, don’t worry about whether it will be enough to cover all your expenses. Just try it out and have fun! For example: Go around your neighborhood collecting discarded cardboard boxes and recycle them into some kind of art project—then sell it at a school event or local flea market.
5) Diversify Your Income Streams as Much as Possible
You don’t want to put all your eggs in one basket. For example, you might decide to start a YouTube channel and monetize it with ads on YouTube and have another channel for crafts or hobbies. Monetizing your craft channel with Google AdSense doesn’t mean you have to give up on it if you start earning income from your YouTube channel.
6) Understand That Failure Is Part of the Learning Process
If you’re truly interested in becoming an entrepreneur, you have to understand that failure is not only a possibility but also likely. And if you expect to be successful, you need to embrace that failure might happen and that’s okay. The real entrepreneurs who succeed—the ones who build valuable businesses—understand what it means to fail. They view it as a learning experience and sometimes even an inevitable step on their path toward success.
7) Stay Open Minded and Consistent
Starting at a young age, it’s important to explore different interests and find out what works best for you. That said, don’t rule anything out: passion often comes where you least expect it, so try a variety of activities before closing doors on opportunities. The time you spend honing your skills now will pay off in future successes, so start exploring and stay open to what interests you most.
8) Remember That Failure Is Not an Option—It’s a Necessity
You’re going to fail, it’s a part of life. It’s how we learn and grow. There is no learning without failure, so make sure you embrace it as much as possible. The key to your success will be how quickly you pick yourself up after each stumble.