GracePointe Academy
• Oct. 26, 2006 - Budding little Business People!
This past Saturday the kids sold soda's and water to the groups working on their houses. The previous week Maykala (our neighbor girl) sold fruit and made some nice money. So Alexander and Hannah decided they wanted to try their hand in business as well. It went slow at first, but as the day warmed up (it was almost 90!) people started coming and buying soda's. After lunch, the kids decided to go around the neighborhood and see if people wanted anymore. I drove them around and they sold $5 more of their goods. Each item was being sold for .50.
After they paid me back for their overhead, they had made a net profit of $9 which they split between the two of them. That added more fuel to their little fires They have decided this week that they will sell the same items plus more. Hannah wants to sell popcorn and Alexander wants to sell popsicles.
I like the "adventure" of it as it teaches the kids how to change money. "How much is change for a $5 mom when they bought two things? " We were able to talk about advertising and how companies bring products to people and show how they need them. At first the kids didn't think they should talk to people about selling their stuff. A direct quote from Hannah was "But MOM! They see the sign! They should come to us." By the end of the day, their boldness in asking if people wanted a drink had grown leaps and bounds. Granted they thought they had worked very hard for just $4.50!!! 
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• Oct. 26, 2006 - Little Business People
Teresa, this is a great idea. A wonderfully way to integrate practical skills and allow them the opportunity for self-empowerment.
I'm not anonymous! (just couldn't figure out how to change that)
Grandma Panozzo