6 Cool Ways to Create Value

When you start a business, you need to create something that people want and are willing to pay for.

Let’s explore 6 awesome ways to do this!

1. Make a Product

This is when you create something that people can buy and use.

Example: You could make and sell colorful friendship bracelets.

Cool thing: Once you know how to make them, you can make lots of bracelets to sell!

2. Offer a Service

This is when you do something helpful for others.

Example: You could start a dog-walking service in your neighborhood.

Cool thing: You get to use your skills to help people (and pets)!

3. Share a Resource

This is when you have something that many people can use.

Example: You could create a treehouse library where friends can borrow books.

Cool thing: Lots of people can enjoy what you’ve created!

4. Create a Subscription

This is when people pay regularly to get something from you.

Example: You could start a monthly craft box that you send to other kids.

Cool thing: You know how much money you’ll make each month!

5. Resell Things

This is when you buy things and then sell them to others for a bit more money.

Example: You could buy candy in bulk and sell individual pieces at school (if it’s allowed!).

Cool thing: You don’t have to make the product yourself!

6. Rent Things Out

This is when you let people use something you own for a short time.

Example: You could rent out your video games to friends for a small fee.

Cool thing: You still get to keep your stuff in the end!

Other Ways to Create Value

There are other ways grown-ups create value too, like helping people buy and sell things, gathering audiences for advertisements, lending money, and more. But these are more complicated and usually for adults to handle.

Think About It

Which of these ways sounds most interesting to you?

Can you think of an idea that uses one (or more!) of these ways to create value?

Remember, the best businesses create something that people really want or need. What do you think people around you might want or need?

What's an idea you have to create value?

Song: Value Creators

Verse 1:
Make a product, craft it with care
Friendship bracelets, cool and rare
Offer service, lend a hand
Walk those dogs across the land
Pre-Chorus:
Six ways to make it, six ways to shine
Find your path, it’s value time!
Chorus:
We’re the value creators, yeah that’s who we are
Making things people want, we’ll go far
Products, services, resources too
Subscriptions, reselling, rentals for you
Create that value, watch it grow
Value creators, put on a show!
Verse 2:
Share a resource, build it to last
Treehouse library, knowledge amassed
Start subscriptions, month by month
Craft box delivered, oh what fun!
Resell goodies, buy low sell high
Rent out treasures, give it a try
(Pre-Chorus)
(Chorus)
Bridge:
What do people need?
What do they desire?
Find that sweet spot
Let your ideas catch fire!
(Chorus)
Outro:
Value creators, that’s you and me
Making the world better, for all to see