Businesses That Kids Can Start : Ideas for the Young Entrepreneur

Long before Sean "P. Diddy" Combs became a music mogul, the rapper/producer got a taste of business success when he started a paper route in his hometown of Mount Vernon, NY. Diddy's businesses have come a long way since he delivered newspapers, but the successful paper route that he often brags about in interviews is proof that you're never too young to start a successful business .

Whether your child is an aspiring entrepreneur or just a kid hoping to supplement their allowance, here are some businesses that an entrepreneurial kid can start right now!

1. Babysitting -- If your child is old enough (and responsible enough), he or she can make a decent hourly wage taking care of younger children while their parents are away for a couple of hours. To get some valuable experience, they can start with younger relatives or the children of family friends .
2. Lawn Care -- When adults are too busy to mow the lawn, it's the perfect opportunity for a young entrepreneur to make some extra cash. Kids need to look no further than right in their neighborhood to find new clients.
3. Snow Removal -- Let it snow! On snow days, a kid could make some serious cash shoveling snow for neighbors and friends.
4. Tutoring -- If your child is quite the scholar, he or she can help a younger child who is struggling in school. Tutoring is the perfect after-school gig.
5. Selling -- Kids can sell a lot more than lemonade these days. With an adult's help, kids can sell their gently-used toys on Ebay or at local garage sales. From selling cookies at church functions to selling video games online, the possibilities for an entrepreneurial kid are endless!