Originally Posted by
BlackElantraGT
I`ve never considered kids opening up a lemonade stand to be anything entrepreneurial. It just gives them a VERY basic understanding of how a business operates. Yet the public always buys into the innocence and labels these kids as young entrepreneurs.
How long do these kids run these stands for? One or two weekends maybe to earn enough cash to buy a Barbie doll? You can learn more about being an entrepreneur by playing Lemonade Tycoon than you would actually opening up a small lemonade stand. At least with the game they have to take into consideration many factors, such as the weather, the recipe, the location, stock, pricing, equipment, marketing, etc. Do you think these little kids opening up lemonade stands actually think about all this? Most of the time Mommy and Daddy just buys them Country Time lemonade mix, they put up a little stand with a price, sit there and wait for customers.
You know who the real entrepreneurs are? The little kids buying candy from Walmart, then selling right outside their doors for "charity" or "school" at more than 300% mark up. Maybe it`s not as innocent or cute as opening up a lemonade stand, but that sounds more like an entrepreneur to me. Heck, even girl scouts are better entrepreneurs than the kids who open up lemonade stands. At least they walk door to door trying to sell as much as possible to complete strangers whom they have no idea if they`re interested in cookies or not, instead of sitting there and doing nothing but taking money from people and pouring them a small drink. Now THAT is dealing with rejection. You know who these lemonade stand kids remind me of? Homeless bums that just sit there with a sign asking for money.
Personally, as shady as I find some of the kids to be that sell the marked up candy, I`d rather support them than some cutesy little lemonade stand in my neighborhood. With the candy sellers, most of the time I walk by and tell them I`m not interested, but every now and then you`ll find a really good one that puts on his/her charm or is just really nice and friendly. I know I overpaid, but it`s my reward to them for going out of their way to being different than the other kids who`s tried to sell me candy before.
Anyway, back to the 14 year old running a detailing business. I think it`s great that he has the ambition and the drive to want to run his own business and I don`t think he should stop doing that as hobby or a paying side-job, but I do believe he`s in over his head about everything that would be involved to own and operate this type of business at his age. I am no lawyer, but there`s got to be so many legal issues at hand here. If he had acted intelligent and professional, I think the thread might have gone a different way but it`s pretty clear that either that whole thread was pure BS, or he really is a naive 14 year old who clearly needs to focus more on his education than making money.
Bookmarks