Not uncommonly, as a child, I set up a lemonade stand. With the help of friends and siblings, we set up a table on the corner of my street. A dollar cup. It was a relatively uneventful day. We sold a few cups. Multiple customers paid more than a dollar, particularly I remember one car driving up and giving us a $20 bill for one cup. That was very exciting for a young boy.
Afterwards, we split up the earnings and all went away with a few dollars. Holding my earnings in my hand, I couldn’t help but be disappointed. I felt that I had worked hard for most of the day and yet barely had enough to buy a sandwich. I guess the lesson here is that entrepreneurship is financially risky. After that, I appreciated even minimum wage jobs paying as low as $7 an hour. $7 was probably more than I earned that entire day selling lemonade.
I had a similar experience as a kid trying to sell lemonade and apples from our small apple tree in my backyard. It allowed me to realize and start to think about the amount of work it takes to start a business and it is most always risky and there are days that feel worthless and there will be days that make you alot of money.
I liked how you realized that entrepreneurship definitely can be financially risky because you never know how many sales your business could achieve. There is a lot of work that goes into a business, even selling lemonade, but it is definitely a good learning experience and learning sales at a young age.
I definitely experienced the same thing as a kid. Even when you’re young you have the idea instilled in you that when you work for something you should be rewarded for it. Even if the reward doesn’t come immediately and it takes time for businesses to grow, the reward will come if you don’t quit and keep working hard.