Lemonade Day Stand – 2014
May 7 2014
We participated in Lemonade Day again this year on May 4, 2014 (May the 4th be with you). It was so much fun and a great entrepreneurial lesson for the kids last year (see Lemonade Day Austin – May 5, 2013 – Entrepreneurial Kids), that we did it again at the same location. The three girls made over $165 in profits this year compared to $91 last year. We changed our product mix and provided coffee, muffins, and lemonade versus lemonade, sport bars, and muffins last year. Since we were at the Rookie Triathlon, there were already sponsors that were providing free Power Bars!
My son did it again with two of his friends at the same location they did last year. I haven’t heard the results yet, but they think they made a good profit as well.
The only downside of doing the stand at a triathlon is having to get up at 4:30 a.m. in order to be there by 5:30 a.m. (hence a photo of the stand in the dark) to get set up before the race started! A true entrepreneurial experience: odd hours, lots of work, and you have to wait until the end of the day to see if you actually made any money. I’m guessing more money is made in some simple lemonade stands than in many businesses who attempt to get up and make lemonade every day…even when there is a shortage of lemons, or currently limes (The lime panic of 2014). See also The Lime Shortage: Still Messing With Your Margarita.
Author: Aruni | Filed under: entrepreneurship, FYI, Just For Fun, random stuff | Tags: lemonade day, lemonade day austin, lemonade stand, lime shortage | 1 Comment »
That’s awesome that you got up and did the lemonade stand again. Parenting done right.