Updated
Updated · The Straits Times · Jul 12
60 Singapore Children Run Business Booths at Kidpreneurs Event, Selling Products From $2
Updated
Updated · The Straits Times · Jul 12

60 Singapore Children Run Business Booths at Kidpreneurs Event, Selling Products From $2

2 articles · Updated · The Straits Times · Jul 12

Summary

  • Sixty children aged 5 to 14 ran their own booths at HarbourFront Centre on July 11-12, selling self-made or curated products including 3D-printed toys, board games and wellness blind bags.
  • Free workshops during the June school holidays prepared them in financial literacy, marketing and product development, before they pitched their ideas on stage to experienced entrepreneurs.
  • Prices were kept accessible: eight-year-old Lee Rui Qi sold 3D-printed animal figurines for $2 to $15, while brothers Malcolm and Magnus Ng offered their 10-minute board game Element Rush for $8.
  • The event's second edition is designed to give children hands-on lessons in money, communication, adaptability and resilience by making them price products, speak to customers and handle real sales.

Insights

When children become CEOs, are we teaching vital life skills or just commercializing their childhood?
After the market closes, what happens to the profits and passions of these young entrepreneurs?
If kids can master business in a weekend, why do so many adults fail at managing their money?