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Monday, June 15, 2015

Year 2 Lemonade Stand | Small Business Owners [literally]

Hey guys!

Two weekends ago we had a very successful Lemonade Stand and being successful means, the small business owners had a 233% increase in sales compared to their last year's lemonade stand!
No kidding, right?!  These kids mean business, I mean really mean business.

Even with a very warm weather that morning, they managed to do their 4P's of Marketing (Product, Price, Place & Promotion).
We did the lemonade stand on the same day where the neighborhood had a yard sale to ensure foot traffic.

You should see these kids in action while they were doing their marketing.
I mean, look at them....who would not stop to buy their lemonade?

and her...♥
I guess my kids were doing so great that their cousins and friends came over for lemonade as well.
Their energy though was only good for 2 hours....they were not into it after that.

But The Mr. and I still made them sell it because we want them to understand the values of hardwork and patience.  

That they cannot get everything easily.

That they need to be patient to be able to achieve something.

That they need to work hard to earn money.
At the end of it all, they made $25.  Split it in half and off they place it in the envelope where we later brought to the bank to put onto their savings account. 

Although, the preparation and the cleaning up were on me for the most part.  I've also made the kids help out with the cleaning up after the lemonade stand.

We had so much fun!  Until next year's lemonade stand...
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