I'm gonna pimp my daughter out. What's wrong with a little profit? :-P
There is a kid in my daughter's class who is planning to ride his bike across the US this summer. He's 17, going alone, planning to knock on doors and ask people if he can camp in their yards at night. I wouldn't let my kid do that, either.
There are zillions of kids who have never sailed around the world or rode a bike across the country who have gone on to be well rounded, well educated, successful human beings. It's not necessary to allow them to risk their lives when they are kids in order to grow into successful adults.