Encourage Youth to Make Their Own Money…
I remember one of my first endeavours into business. We were roadside retailers/re-sellers of items we purchased at a local convenience store. Two friends a couple of houses away and I purchased candy, potato chips, gum and Neilson Chunk chocolates and re-packaged the items into brown paper bags. We creatively called our product goodie bags, as the “surprise bag” was already taken. We sold them for $0.50/per bag. I am unsure if we made money on this product or if the customers felt they received good value for their money. We also sold some chalk painted rocks and other handmade crafts. I remember they were not big sellers though. Local residents from our rural community supported our first venture into the world of business. In the early 1990’s, there appeared to be more value placed on being creative, taking initiative and incentive to earn a few dollars to buy things we wanted. I know at the youthful age, we most likely re-invested it on more sugary good stuff :).
As I grew older, my progression in business included packing up firewood, painting fences, mowing lawns, doing chores or odd jobs, washing cars, tutoring to selling homemade crafts. My parents encouraged me to work hard, realize there is a cost of material goods and to understand the value of money.
At 16 years of age, I founded Flower’s Island Museum. The business expanded to include a 9-hole miniature golf course and later a summer festival, which operated for two years in partnership with another youth entrepreneur. During 2002, I contacted Nortip Development Corporation seeking information on heritage grants and spoke with the Youth Development Officer. Although, I did not apply or receive grant funding, I was introduced to a program they offered called Youth Ventures.
Youth Ventures empowers students age 12-29 start and operate their own businesses in Newfoundland & Labrador. There are 23 Youth Ventures Coordinators throughout the province to provide free assistance to interested youth. You can visit www.youthventuresnl.com. They have a list of ideas, information and contact information for a local coordinator.
Youth Ventures helped raise the profile of my business. I was profiled by the Getting the Message Out (GMO) program with the Department of Innovation, Trade and Rural Development. During my Bachelor of Commerce studies at Memorial University, I became employed as an intern with GMO. As well, received a number of local and provincial honors, which included the Provincial High Achievement of Financial Management Award sponsored by the Royal Bank of Canada. Operating my own business provided a wealth of experiences, included customer service, marketing, financial management, human resources and operations. I enjoyed adapting to new situations and engaging in constant improvement. This experience aided in landing a position with an International Marine & Engineering Consultancy Headquartered in London, England.
There is satisfaction in creating, assisting and meeting the needs of the consumer. Youth in Rural Newfoundland & Labrador have opportunities to make their own money and put their talents to good use by venturing into the wonderful world of business. However, without incentive to do so, we may lose a future generation of innovators and economic drivers. In some rural communities it appears adherent today that youth no longer need to work to earn an allowance. Additionally, many are given mobile phones starting at elementary school, not to mention parents purchasing all sorts of electronics, brand name clothing, lavish recreational vehicles and cars as presents.
Youth need to be encouraged, understand the importance of the almighty dollar and to make decisions with their own money. The future can be bright for rural Newfoundland & Labrador for young leaders today and tomorrow, if we provide the necessary supports.
Encourage youth to make their own money…create their own dream job, be their own boss and masters of their own destiny.
Live Rural NL –
Christopher C. Mitchelmore
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Posted on June 1, 2011, in Business, Community Economic Development and tagged Arts and Entertainment, business, canada, cbdc, Memorial University, Memorial University of Newfoundland, money, Newfoundland & Labrador, Rural area, Youth, youth ventures. Bookmark the permalink. Leave a comment.