There was a time when the word “business” was just synonymous to adults working the daily grind. Today, there’s a long list of young, self-made millionaires who started as kid entrepreneurs.
Commercenter Alabang, the premier lifestyle hub in Alabang, is extending a hand to budding young entrepreneurs through its Biz Kids Expo, ongoing until Sunday. The weekend bazaar at the Activity Center provides a venue for child entrepreneurs to turn their million-dollar business ideas into an actual business venture.
The Biz Kids Expo is a one-of-a-kind marketplace that brings together products, wares, and services that have either been carefully crafted or sourced out by young entrepreneurs. More than just a venue to sell and showcase their merchandise, the expo aims to encourage the spirit of innovation, as well as share the value of entrepreneurship and responsible financing to children as young as five to 12 years old.
“Biz Kids is a startup incubator for kids where they can learn discipline, hard work, and basic business administration principles. We’re very excited to see how each Biz Kid enterprise will succeed. But more importantly were more excited to see how this activity will inspire and solidify each child entrepreneur’s potential,” said Leslie Tagle-Dinglasan, assistant vice president for marketing of Commercenter Alabang.
Similar to setting up an actual business, the participating kids at the Biz Kids expo were selected based on their project proposals, the uniqueness of their product/s, and product presentation.
In collaboration with CMA Mental Arithmetic, kid entrepreneurs were taught how to cost products and compute for revenue using basic mental math techniques and an abacus. The La Vie Institute, on the other hand, trained kids on how to present themselves to prospective customers and initiate good customer interaction.