April 23, 2010
In grade school, I saw a display of “Bonkers” marked down to $0.10 each, since the candy was being discontinued. The going rate for a candy bar was $0.25 at the time. I went home, got every cent I had saved, $20, and bought 200 of them. I took them to school and sold them for $0.20 and doubled my money. As a kid, I had already come up with ideas about making a profit while also pricing my product under the competition.
I loved this talk by Cameron Herold with great ideas to encourage our kids to be entrepreneurs, to be innovative, leaders, problem solvers, business founders instead of employees. If you have a kid with an interest in business, making money, being a leader, go grab him or her and spend 20 minutes enjoying this video:
Posted under Math Curriculum
Thank you so much for this post and especially the video . . . my money-hungry, independent-minded son is going to love it!
That was a great video! We’re on the entrepreneurial path with our kids and that was very inspiring with lots of great ideas! Thanks for sharing it.
Glad you liked it! And your lego party business is such a great idea. I have 4 boys and the love legos, building, racing, and crashing!