Tips you can learn from a Six-Year Old running a Lemonade Stand that you can apply to your own business
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Just read this great post written exclusively for WDD by Jim Lodico.
I have always been a fan of getting youth started young to be an entrepreneur. Just like giving you kid art, music or sports lessons, why not give them entrepreneur lessons? It is never too early to learn. I have written about young boy in Ramat Bet Shemesh, Israel here which you can read and I think it is absolutely fantastic.
One of my partners, Hillel Scheinfeld, just told me about a restaurant he went to called Lilith where they have a rather unique social agenda that I find admirable:
One of the most impressive things about the restaurant is its social agenda. Owned by Alam, a non profit organization for teenagers at risk, the kitchen at Lilith takes in youngsters from difficult backgrounds and gives them the opportunity to get a profession and learn about the world of cooking.
I think it is a fantastic way to give a productive outlet for youth on the street and I think every community should have a similar program for it’s youth. I have an idea for a very similar program that I will eventually do as I think it would give an incredible sense of accomplishment and self esteem to the youth in my city where I live, Ramat Bet Shemesh.
Anyway you look at it getting youth started in business at a young age can be an amazing outlet and self esteem builder. One of the risks you would need to look out for is that you don’t want your children thinking that “making money” is the most important thing in the world. Then again you can say the same thing about playing music or sports.
In this article the author writes about his daughter Sophia who decided to open up a lemonade stand, but ended up making more money then you would have thought by giving away the lemonade for FREE. Read the article to find out how she did it and how you can learn and apply the lessons to your own business.
CLICK HERE TO READ THE ARTICLE
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