My little chef has a budding entrepreneurial spirit and I love nothing more to help him nurture it. So when he shared that he wanted learn how to make his own money, we came up with the perfect idea to introduce him to business ownership… the quintessential all-American lemonade stand.
I came across a program called Lemonade Day which encourages kids around the country to set a goal, make a plan, and take action. With partners like Home Depot and Google for Entrepreneurs, the program aims to teach youths how to start, own and operate their own business through a lemonade stand.
FIRST: We attended a workshop at The Home Depot on how to build a Lemonade Stand.
THEN: We had an “Innovation Day” in our very own test kitchen where my little entrepreneur was joined his business partners to decide on which flavors of lemonade to sell. The winner: Lavender Lemonade, Strawberry Mango Limeade and of course a traditional lemonade.
FINALLY: Lemonade Day had come. We found the perfect location – outside our local Kroger on a very hot day. And it was a HUGE success…We sold out in less than 2 hours!
The team learned important lessons including how to work with a business partner, paying back investors, cost management and customer service. We loved being part of the program and can’t wait to to do it again next year!
ABOUT LEMONADE DAY: Lemonade Day is a fun and easy way to teach kids the basics of entrepreneurship and finance. By running their stand, kids learn the business and life skills needed to set a goal, make a plan and work the plan to achieve their dreams. The foremost objective is to help today’s youth become the business leaders, social advocates, community volunteers and forward-thinking citizens of tomorrow. Learn more at www.lemonadeday.org