“The lemonade stand is no longer a pastime for some teens this summer” states a Wall Street Journal article of March 16th, 2011. It’s a profit center! An estimated 120,000 kids in 31 cities are expected to attend one-day entrepreneur-training events in May called “Lemonade Day”. The program was launched in 2007 by Michael Holthouse, a Houston philanthropist. The program teaches children and teens how to borrow and repay investors who help start their stands, and what to do with the profit including donating to charity.
With summer nearly here, an increasing number of high-schoolers around the country are preparing to launch their own start-ups – not just for lemonade stands. The creative ideas include lawn-mowing businesses, hand-painting of teenis shoes, helping people pack for their move and computer repairs. Teens are getting a jump on earning their own mad money and saving for goals they have.
“If you can’t get a job, you can create your own. “ Read more on www.lemonadeday.org