CASH KID

著者： The Cash Kid
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  • Welcome to the Cash Kid Podcast! I’m here to teach kids and adults the financial literacy skills they need to start saving money early. Join us as we interview experts and explore topics to take that piggy bank to a real bank and start investing today to watch your money grow. “Cash Kids” are kids who at a young age have an entrepreneurial mindset and good financial skills to use their passions, hobbies, and skills to earn money. Just remember, anyone can be a “Cash Kid,” you just have to learn how to become one. So let’s be the generation to grow the greatest wealth and be the most financially literate. From financial skills to getting your first job, to investing in the stock market, we’ll cover it here on the Cash Kid Podcast.
    Copyright © 2024 Cash Kid. All rights reserved.
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あらすじ・解説

Welcome to the Cash Kid Podcast! I’m here to teach kids and adults the financial literacy skills they need to start saving money early. Join us as we interview experts and explore topics to take that piggy bank to a real bank and start investing today to watch your money grow. “Cash Kids” are kids who at a young age have an entrepreneurial mindset and good financial skills to use their passions, hobbies, and skills to earn money. Just remember, anyone can be a “Cash Kid,” you just have to learn how to become one. So let’s be the generation to grow the greatest wealth and be the most financially literate. From financial skills to getting your first job, to investing in the stock market, we’ll cover it here on the Cash Kid Podcast.
Copyright © 2024 Cash Kid. All rights reserved.
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  • 17-Year-Old CEO Builds a Successful Car Detailing Business | Teen Entrepreneur Success Story

    17-Year-Old CEO Builds a Successful Car Detailing Business | Teen Entrepreneur Success Story
    2024/12/17
    Cash Kid: [00:00:00] Hey everyone, welcome back to the Cash Kid Podcast. Today, we're highlighting the ultimate teen entrepreneur, a 17 year old who's running his own car detailing business and making serious money while still in high school. Not only is he handling multiple clients, but he's also managing a team of employees, proving that age is no barrier when it comes to entrepreneurship. Cash Kid: With big aspirations to plan to go to a business school. This senior is already on the fast track to success. We're excited to dive into his story, how he grew his business, and what the future holds for him. This is an episode you won't want to miss. So let's meet today's Cash Kid. If you aren't already, be sure to follow us on Instagram, Facebook, and YouTube at Cash Kid Podcast. Cash Kid: Or sign up for our mailing list at cashkidpodcast. com. Stay tuned. The Cash Kid Podcast is underway. Cash Kid: Eli Slaton, welcome to the show. And first off, tell us a little bit about yourself. Eli Slaton: Thank you for having me. My name's Eli Slaton. Um, I'm 17 years old and [00:01:00] I'm a mobile car detailer in Birmingham, Alabama. I love working on cars. And so that's what I do for people. I help clean up their cars and get them how they like them. Cash Kid: How did you come up with the idea to start a car detailing business? Like, how did you get it off the ground? Eli Slaton:I've always loved cars. There's something about bringing a car back to life that's just satisfying. I noticed that many people didn't just want their cars washed, they wanted them detailed, really taken care of, inside and out. That's when I thought, Hey, I can do this as a business. I started small, just detailing cars for friends and family and in my community. I used what I had at first, basic supplies and a lot of hard work. But as I made money, I reinvested it into better tools and equipment, which helped me deliver even better results. Word started to spread and more people wanted my services. That's when I realized this could be something a little bigger than I [00:02:00] thought. I officially started my business, and then from there, it's just been consistent improvement and growth. Yeah, that's really interesting about how you took something that you weren't sure about, and then you ended up turning it into like a full grown business. Cash Kid: So, you've grown your business now from the point to where you're managing employees. What's it like being a teen and running a team? How do you keep everything so organized? Eli Slaton: Yeah, managing employees as a teenager is definitely an interesting experience. Uh, right now I have about 10 part time employees, and each one plays an important role in making sure our clients are happy. At first it was overwhelming, and I think about how to organize everything. Scheduling appointments, assigning tasks, and keeping track of details. It was kind of overwhelming. But, I quickly realized the importance of systems and communicating. I use scheduling apps and tools to stay organized, and I hold regular meetings with my team to make sure that we're on the [00:03:00] same page. I also try and lead by example. If I, if I want my team to go above and beyond for our clients, I need to show them what it looks like. It's not always easy, but it's rewarding to see my team come together and deliver high quality detailing services. Cash Kid: Yeah, I mean, you really have to keep them in line, but then you also have to manage them and get your entire business going. Eli Slaton: So, being a senior in high school while running a successful business might keep you busy. How do you balance school, work, and your personal life? Balancing school, business, and personal life has been one of the biggest challenges for me. Being a senior in high school means I have to focus on my classes, but running a successful business with over 300 clients now and a team of employees means I have a lot of responsibilities outside of school. What helps me most is staying organized. I use a business planner to map out my day and make sure I'm [00:04:00] prioritizing my important tasks. For example, I might use a couple hours in the morning to work on schoolwork, and then focus on detailing in the afternoon, and still make some time to relax and hang out with friends and family. Eli Slaton: It's really a balancing act, but when you care about what you're doing, you'll find a way to make it work. Cash Kid: That's really important because if you can't balance school and do your business, you might be doing too much because school is still very important. So what challenges have you faced as a young entrepreneur, especially when it comes to managing both clients and employees? How did you overcome those challenges? Eli Slaton: Yeah, starting a business as a teenager definitely comes with some challenges. Uh, for me, one of my hardest parts was gaining credibility as a young entrepreneur. Some, some clients ...
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    13 分
  • How to Start and Succeed with a Side Hustle as a Teen

    How to Start and Succeed with a Side Hustle as a Teen
    2024/12/03
    Did you know teens like you are cashing in on creative side hustles and making serious money? And no, we’re not talking about boring chores or allowance! Stay tuned to learn how you can turn your skills into cash without waiting to grow up! Hey, Cash Kids! Welcome back to another exciting episode of the Cash Kid Podcast! I’m your host, the Cash Kid, and today we’re going to dive deep into how you, as a teen, can start your very own side hustle and begin making money right now. That’s right! You don’t have to wait until you're an adult to have cash flow coming in—whether it's for a new game, saving for something special, or even just making some extra pocket money. But, the big question is, how do you actually start? Don’t worry—I’m here to break it down step by step. From coming up with your big idea, to setting goals, to selling your product and managing your money like a pro. Now before we go any further, be sure to hit that subscribe or follow button from wherever you are listening to the Cash Kid Podcast to help us continue to grow the most savviest financially generation ever! Alright, let’s get started! Number 1: Create the Idea – Find Your Hustle Alright, first things first: You need an idea. But how do you come up with one? Think about what you enjoy doing. Are you the go-to math whiz in class? Maybe tutoring younger kids is your hustle. Or, are you great at making TikTok videos? You could teach other teens how to create engaging content! Or maybe you’ve got a creative side and love making jewelry, art, or even baking. These are all awesome places to start! Here’s a little secret: You don’t have to invent something brand new to start a side hustle. Sometimes, the best ideas come from things you already enjoy or skills you’ve already got. Ask yourself these questions: What do I love doing in my free time? What am I good at? Is there something that my friends or family always ask me to help them with? The key here is to choose something that excites you because it’s going to take some time and effort, and you’ll want to enjoy the process! For example, just two episodes ago, we spotlighted teen entrepreneur Sadie Norris who runs who own baking business. She loves baking and turned something she already enjoyed doing as a way to make some extra cash as a teen. Number 2: Discover and Learn Skills in Your Chosen Area Ok, so now you’ve got your idea— let’s now become an expert at it! For any side hustle, you need to build your skills so you can do a good job. Yes, people may still pay you if you are a cute kid and they feel sorry for you… but we want to get great at our craft. The good news is that you’re never too young to learn, and there are so many free resources out there! Like YouTube for example which is where I’ve gone to learn a lot about running this podcast. If you’re offering a service, like babysitting or dog walking, you can check out YouTube tutorials, or even ask your parents or friends who have experience. For creative businesses, like making jewelry or crafts, there are hundreds of online courses, guides, and even communities that will help you learn more. Maybe you want to start an online store—well, learning how to take great photos of your products, write catchy descriptions, or marketing yourself on Instagram is key. And guess what? There are tons of free online courses and videos to teach you how to do just that. Never be afraid to ask for help, and don’t rush the learning process. The more you know, the better your hustle will be. Number 3: Start Your Business Plan – Make it Real Now that you have an idea and some skills under your belt, it’s time to create a plan. Don’t worry—this isn’t some boring school assignment. Think of it as your roadmap to success. Here’s a simple business plan for you to follow: Name Your Hustle: What are you calling your new side business? Pick something catchy that reflects what you do. Set a Goal: Do you want to make $50 by the end of the month? Maybe $200 for a special purchase? Setting a goal will keep you focused. Price Your Service or Product: What’s your time worth? How much do you need to charge to make a profit after covering any costs? Do a little research and see what others are charging for similar services or products. Create a Schedule: Are you going to work weekends? After school? I would suggest also running this by your parents so you’re aware of any family commitments as well and don’t cause additional stress down the road with being overbooked. Find the Tools You Need: If you’re selling products, you might need supplies. If you’re offering a service, what equipment or space will you need? Once you’ve got your plan in place, it’s time to take action. Number 4: Get What You Need – Make Your Product or Offer the Service So, now it’s time to gather everything you...
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    9 分
  • How to Start Babysitting as a Teen: Make Money and Build Responsibility

    How to Start Babysitting as a Teen: Make Money and Build Responsibility
    2024/11/12
    S3E5 How to Start Babysitting as a Teen: Make Money and Build Responsibility. Cash Kid: [00:00:00] Welcome to the Cash Kid Podcast, where we highlight young entrepreneurs who are finding creative ways to earn, save, and invest money early in life. Today we are featuring another awesome teen who's balancing it all, school, babysitting, and even carpool pickups to make some extra money on the side. If you aren't already, be sure to follow us on Instagram, Facebook, and YouTube @ Cash Kid Podcast. Cash Kid: And sign up for a mailing list if you haven't already. Now, this student is proving that you can take on responsibility, help out your community, and learn valuable life skills while still being a student. Whether she's babysitting kids after school, or helping out with carpool runs, she's finding smart ways to bring in cash, while managing her busy schedule. Cash Kid: In this episode, we'll dive into her story, how she got started, and what it takes to balance work and school life. So let's jump in and meet today's Cash Kid. Kennedy Teal, welcome to the show. And first off, Kennedy, tell us a little bit about yourself. Hey Kennedy Teal: Cash Kid, it is so great to be on. [00:01:00] Thanks so much for asking me. Kennedy Teal: Um, so yeah, I'm Kennedy. I'm a junior college student at Sanford University and I come from Johnson City, Tennessee, which I've loved, but I also love Birmingham. It's been an awesome home and yeah, I'm studying interior design and I love babysitting since the very beginning of like my preteen years. So thanks so much for asking all these questions. Cash Kid: Yeah. So, um, what really inspired you to start babysitting and offering, like, carpool pickups? Was it something like you've always wanted to do, or did the opportunity just, like, come up unexpectedly? Kennedy Teal: So, a little bit about myself some more is that I'm an oldest of six kids. So, I've kind of just always been around kids. I've been used to, like, kids. I've been babysitting since I was probably nine for my siblings, so I've just kind of been in that role forever, and I've also loved it, and it's come a little bit naturally to me. So, I think probably when I was around 14 years old, I started just babysitting for my community, and for my church, and for small groups, and [00:02:00] stuff like that. Kennedy Teal: So, like, little jobs. Like, small groups that I didn't have to drive towards, but I was still, like, hanging out with kids and stuff like that. Um, so yeah, it was something that I've always kind of been infused with since I was younger. Um, but yeah, I loved it. Cash Kid: That's amazing and how, like, you kind of, like, was something that you went to and then you turned what skills you have into a way to make money. That's kind of like all that we're talking about on the Cash Kid Podcast. So how do you balance school babysitting and carpool duties? Like what is a typical day or week look like for you? Kennedy Teal: Yeah, good question because it can be a lot. But gladly, my work, my school schedule works very well with me. Um, so my typical week kind of looks like my Monday, Wednesday, Friday. Kennedy Teal: I have class from like 8 to 3:30. So most of those days I am in class all day. Um, occasionally I will do some pickups after those 3:30 classes. So, if like someone needs to go to tennis or horseback riding or something like that. I do pick up a few of those shifts in the later [00:03:00] afternoon. Kennedy Teal: Um, but Tuesdays and Thursdays are my main days that I just go from like probably 8 until 6 or sometimes even 9. Um, so yeah, I've roped off those days so that I can just fully like, Um, not all of those hours are used every week because my weeks kind of look different each week. Um, so sometimes Thursday mornings, I won't babysit, so I'll be able to like go to a coffee shop and do some homework. Kennedy Teal: Um, or like in the evenings, I'm not used as late, so then I can get some homework in as well. So, it's a balance for sure, but just trying to figure out what works well for me. And since I have been doing this for a while, I kind of know my limits and my balance and what works for me. So, yeah. Cash Kid: Yeah, I totally agree with that. It's just like time management, it’s such a big and important factor whenever you're starting a business or a side hustle. So, what has been the most challenging part of juggling all your responsibilities? How do you handle it when things get overwhelming? Kennedy Teal: Yeah, that's a great question because I don't even know if I do handle it very [00:04:00] well. Kennedy Teal: Um, but I think since I'm just used to this, like it's something that just is so second hand. So, it's so natural, um, that I don't even kind of blink twice about it. Like I've been balancing this. Since high school, so high school, I had a block schedule as well. So, I went from eight to three and then I would go babysit in the afternoons. Kennedy Teal: So it's ...
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    13 分

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