Biz in a Boxx: For your budding entrepreneur

If your kid looks at lemonade stands and card trading as opportunities to rake in the dough instead of an afternoon diversion, then you need to check out Biz in a Boxx. This is one game you can give your budding entrepreneur that could potentially have excellent ROI (return on investment, for you clueless parents out there ...)

The first thing I thought of when I heard about Biz in a Boxx was that if my neighborhood friends and I had had such a thing, we'd be on the cover of Forbes being lauded for our amazing new amusement park that had just surpassed Walt Disney World and Cedar Point in popularity.

The Biz in a Boxx kits include everything your kid needs to get started on the road to running his or her own company. In addition to the portfolio, investor contract, business cards and planning tools, the kit comes with a workbook that will help them learn about the process of running a business.

"These are the fundamentals that don't change," said Melissa Rose, creator of Biz in a Boxx, describing the contents of the Biz in a Boxx workbook to WalletPop in a phone interview. The goal of the workbook is to give kids the information they need to tailor the process to their own business idea. According to Rose, one reason kids do enjoy and learn from Biz in a Boxx is that the program encourages, "parents to support, but not micromanage." The entire process is one that a kid and a few friends can use on their own -- without an adult telling them what to do -- which is how many kids want to play and learn.

There are three Biz in a Boxx products that vary in content and pricing based on the age of your budding CEO.
  • CEO Prodigy - Ages 7-10 $39.95
  • CEO Apprentice - Ages 11-14 $49.95
  • the CEO - Ages 15+ $59.95
All of the options include online support that allows parents to get advice and learn themselves for when their child comes to them for advice or seed money to fund the new venture.

I think that Biz in a Boxx is a wonderful tool for teaching kids that you don't always have to be an employee, and the independent nature of the program allows kids to learn another important business lesson: it's OK to fail. Not enough college students understand these two points, which can be keys to a happier life.
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