CARTOONS BY CHRIS BRITT

– LEMONADE STAND –
Don’t laugh. Some of the most successful entrepreneurs earned their first dollar by
selling lemonade to thirsty neighbors or people who thought they were just too darn cute
to say no. Children are natural entrepreneurs. Look up “kid entrepreneurs” in Google and
you will find a list of
adolescent millionaires
who started their own
business, many of them
with a lemonade stand.
Simply put, a
lemonade stand is a
part-time business
owned and operated
by children for the
purpose of making
money so they don’t
have to ask their
parents for money to
Today’s youth. Tomorrow’s entrepreneurs.
buy their next Ipad.
They often set the business up for fun, but many lemonade stands (or bake sales) are
used to raise money for schools, cancer research or sick pets. Lemonade stands represent
the most innocent, optimistic side of capitalism.
Tech entrepreneur Michael Holthouse wanted lemonade stands to be more than
just fun and making money. He wanted to introduce the next generation of serial
entrepreneurs and teach kids the basics of business. To him, lemonade stands were not
just about raiding a parent’s pantry and putting out a sign and smiling at pedestrians. He
wanted kids to understand the concept of spending, saving and sharing. He wanted them
to understand about profit and loss.
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