Posts tagged ‘Entrepreneurship’

Ally’s Pictures Worth a Thousand Words

A Lemonade Story in Pictures

7 year old Ally is from Austin, Texas and as a 3-year Lemonade Day entrepreneur has a lot of success to celebrate and best practices to share. Last year Ally sold $705.00 and was awarded the #1 Stand Award for the Austin area.  So this year Ally increased her goal to sell $1,000, which she exceeded by selling a whopping total of $1,435.15!

Ally takes pride that 50% of her profits go to the Lance Armstrong Foundation in her Grandmothers (Gaga’s) name who died of cancer in 2009.  In 2010, Ally donated a total of $250.00 and in 2011, Ally will donate $700.00!  LAF has even invited Ally to their all company meeting where she presents her donation – awesome stuff!

Ally’s got a knack for marketing for sure! She used social media and marketing through her school and social activities. She even has her own facebook group for Ally’s Lemonade Stand!

But that’s not all – this entrepreneur even adds merchandise sales!  Ally proudly sold bright yellow tee shirts that have her logo on the front and “selling lemonade since 2009” on the back.  This year the Lance Armstrong Foundation provided Ally with Livestrong bracelets to give to all her customers that not only helped raise some money for herself, but also provided customers to donate to LAF.

2011 Highlights:

  • Ally’s teacher and many classmates came to help her
  • Ally got to announce her results to the entire Bridge Point elementary
  • With some of the money she earned Ally got to buy the Nintendo game she wanted
  • But probably the best … being the “boss” of her 4 year old little sister Katie.

A note from her dad:

On a personal note, Ally is naturally a shy girl and slowly “coming out of her shell.”  I think this process; combined with planting the “entrepreneurial seed” will be fundamental to her success as she matures.  Multiple times last year, Ally mentioned that she wanted to “go sell something” to have some money (tea leaves of success) which I attribute to the mission of Lemonade Day.

Congrats to Ally and the over 12,000 youth who participated in Austin’s Lemonade Day this year on May 1. You are an inspiration to all of us.

To learn more about Lemonade Day in Austin, please visit austin.lemonadeday.org. Share your story with us mystory@lemonadeday.org.

May 12, 2011 at 4:05 pm Leave a comment

Entrepreneur Social Responsibility and Lemonade Day

Bob Phibbs, Greene County, NY Champion

This is a guest post from Lemonade Day Greene County City Champion, Bob Phibbs in New York State.

Entrepreneur Social Responsibility and Lemonade Day – Why You Should Give A Damn

One of the tasks Donald Trump had participants perform on the first season of The Apprentice was opening a lemonade stand. As that task showed, it’s not as easy as it looks if you’re accounting for costs and trying to make money.

Lemonade Day, started by Michael Holthouse in Houston four years ago, shows youth K-12 how to become entrepreneurs.

When hundreds of thousands of kids in over thirty cities register and pickup one of the bright yellow backpacks this month, they will embark on one of the oldest methods entrepreneurs were exposed to early in life – opening their own lemonade stand.

Through a series of 14 lessons that include setting a goal, budgeting, cost analysis, site selection, advertising, building a stand, opening a bank account, and giving back to charity, they learn over forty skills to prepare them for real life.

We want to reward individual initiative, goals, and dreams – not reward kids just because they show up. Kids have to overcome their fears and follow a path they may never have taken, but when they do they discover the rewards are great.

Students aren’t given anything but the workbook; they have to do the work to earn the money for themselves just like in real life…

But it’s not just about making money, it’s giving back…

Last year, kids sold $6.8 million in lemonade and gave back $2 million dollars to charities of their choice.

But that’s not why you need to know about and support this…

Lemonade Day helps parents see and nurture the entrepreneurial skills their kids will be called on to navigate an increasingly complex world as adults.

And that’s great but it’s not why you should get a damn.

This is…

American Business. Small businesses, big businesses, non-profit businesses, you name it, have been devolving lately.

Where once they were the ones creating a world of abundance for employees, for communities, and indeed for America itself, many have become increasingly focused on, “What can be given to me?”

That gimme attitude has created a true “lack” mentality in our culture and most importantly trickled down to our youth.

Lemonade Day became important to me while I was chatting with a contractor’s assistant working on my house. He shared that he hoped his son could grow up and get a job at the local prison because “that’s the best job he could get.” No one ever tripped the entrepreneur switch for him, so he figures the same fate probably waits for his kid.

In a world where “safe” jobs are disappearing, it will be up to the individual to make a living for themselves. If we don’t turn on that entrepreneur spirit in kids, we are looking at generations of people who won’t be able to start anything.

And that’s why you should give a damn about Lemonade Day on Sunday, May 1, 2011. Check out www.lemonadeday.org to find out about joining or supporting a city’s Lemonade Day.

I live in Greene County, a rural area two hours north of Manhattan where developing entrepreneurial spirit will make a huge difference to the future of its citizens. That’s why I’m championing this program with a goal to open 500 stands on Sunday, May 1.

An entrepreneurial mindset to social responsibility means teaching kids they have to be able to think on their feet and be welcoming to others. If they spend their Lemonade Day looking at their feet because they are shy, they’ll find out no one will buy from shy, quiet kids. Lemonade Day provides ways for them to overcome that before it becomes a life pattern.

This isn’t a project for a troop, class or club.  Entrepreneurs are individuals. It’s not trophy day.

If we as business owners could change the mindset of kids early, they’ll learn they can be rewarded for their minds, their creativity, indeed their entrepreneurism.

There are so many kids out there planning to do nothing when they graduate. If this sparks them to go out and open more businesses, we’ll have succeeded.

If we miss the chance to show youth that making money is a good thing, not something to be vilified like in the movies and on TV, then we as a society have truly failed.

And those are some of the reasons you as an entrepreneur should give a damn about Lemonade Day.


Bob Phibbs is the Retail Doctor® an industry authority on customer service and sales, professional speaker and author of The Retail Doctor’s Guide to Growing Your Business (Wiley.) Phibbs has helped hundreds of businesses in every major industry, including hospitality, manufacturing, service, restaurant and retail. Find out more about him at www.retaildoc.com.

Follow Greene County Lemonade Day on facebook and YouTube for all things Greene Lemonade.

April 13, 2011 at 2:53 pm 1 comment

My Dad, an entrepreneur

This week was National Entrepreneurship Week. I reflected all week on what that means: How entrepreneurship impacts our nation; How Lemonade Day inspires entrepreneurship, teaches our youth skills that they carry throughout life  and instills a sense of purpose, pride and accomplishment they might not have experienced in their life yet. With President Obama‘s recent Startup America campaign, “to celebrate, inspire, and accelerate high-growth entrepreneurship throughout the nation,” it seems business is on everyone’s mind and tongues.

My Dad, circa 1948

But for me, entrepreneurship is personal. I grew up with it. Entrepreneurship is my Dad. My dad opened up his own business in the 80’s. It was a computer repair business. Remember the days before Geek Squad? Before laptops and cell phones were in everyone’s hands and classrooms? Remember your first email address? [Mine was a Juno address … those were the days] And when times got tough – when his business was broken into and robbed of everything, when Geek Squad bugs rolled through every street, when the world changed, my dad stayed in business. He changed his business model. He adapted to the change. You see, when you’re an entrepreneur, you see a world full of opportunity. And I’ve never heard my dad say, “That’s not my job.” He instilled in me my unending curiosity for everything in this world. Whether it’s learning Morse code and trying for my ham radio license, teaching myself new software, or learning to cook by almost burning down the kitchen … I credit my dad for my “I can do anything” attitude [and probably for my “I don’t need the directions” attitude, too.]

But I come from a family of entrepreneurs … my grandmother owned her own dress shop; my grandfather, a bar …

Great Grandpa tending bar at Grandpa's place, 1947

The world is full of entrepreneurs. Look out your window, from mobile food trucks to celebrity entrepreneurs like Steve Jobs … they all started with one person who had an idea.

“Entrepreneurs embody the promise of America: the idea that if you have a good idea and are willing to work hard and see it through, you can succeed in this country. And in fulfilling this promise, entrepreneurs also play a critical role in expanding our economy and creating jobs.”

-President Barack Obama, January 31, 2011

So this week, in honor of National Entrepreneurship Week, thank an entrepreneur. We have a movement in Houston called Support Local, Grow Together #SLGT. Support your local business owner. Support your local lemonade stand. Support your local farmers at farmers’ markets. Support businesses large and small – they all started with an idea.

Business is good.

Is there an entrepreneur in your life?
What entrepreneur inspires you?

February 25, 2011 at 5:17 pm Leave a comment

Lemonade Stands Come in All Shapes and Sizes

http://www.flickr.com/photos/80535871@N00/ / CC BY-NC-ND 2.0
http://www.flickr.com/photos/hcplebranch/ / CC BY-NC-SA 2.0
http://www.flickr.com/photos/rubbercat/ / CC BY-ND 2.0
http://www.flickr.com/photos/pallyboy/ / CC BY-NC-SA 2.0

March 30, 2010 at 4:55 pm Leave a comment

Teach them NOW!

With 3 weeks of this internship left, I have barely scratched the surface of what this amazing city has to offer. Out of the 11 cities that Lemonade Day is expanding to, I feel like Atlanta has one of the greatest amounts of potential.  There are SO many communities and at risk youth that could truly benefit from the amazing Lemonade Day Program; I am determined to reach them.  But I cannot do it alone.

Let’s look at some facts:

FACT:

Atlanta is the third largest city in the United States, the urban core of one of the fastest growing metropolitan areas in the United States, it has the nation’s third largest amount of Fortune 500 companies, and over  75% of the nations Fortune 1000 companies.  On top of this all, it has also been named the “Black Enterprise”, or “Black Mecca” of America.  And how can I forget, Forbes ranked Atlanta as one of the top 5 cities/metro areas to run a business.  When we are talking about expanding a program that teaches youth to be business savvy, financially literate, successful entrepreneurs early on in life…is there really a better a place?

FACT:

The importance of encouraging entrepreneurial interests among youth–within families, neighborhoods, and larger communities–strikes at the heart of Black Enterprise Declaration of Financial Empowerment Principle No. 7: to provide access to programs that will educate my children about business and finance. There are plenty of resources available for parents that will help their children learn about business and finance including camps, economics programs, clubs, and associations.

Guess what?  Lemonade Day can be one of those resources!  I have to be honest and tell you, I’m in my junior year of college, and until I interned with this amazing program, I never even IMAGINED being an entrepreneur.  Had I had this mindset earlier on in life, do you know how far ahead in I would be?  Let me give you an example, let’s look at an amazing young entrepreneur  I met through this internship,  Keith J. Davis Jr.  (look him up at keithjdavisjr.com).  Keith has done more in his youth than some have done in their lifetime.  He is an entrepreneur, speaker, author, actor, and model, and is well on his way to being a multi millionaire before he graduates college, and retired by 35. Why? He was exposed to business and entrepreneurship extremely early in life, and was aware that he had endless opportunities and resources.  Did I mention he is 18, and a recent high school graduate?

Lemonade Day is indeed for EVERYONE, but I am extremely determined to reach those at risk, inner city, minority youth that I know will benefit the most from it.  How amazing would it be to expose them to something that lets them know that they can create their own opportunities for success?  How amazing would it be to let them know that they don’t have to settle for where they are in life and that their current circumstances do not have to dictate what they can and cannot do in life? Kids can never learn too early how to grow and manage their money, we want to expose them to this all very early on through Lemonade Day.  Teach them now, why wait?

TeachAman_detail400px

I spoke in an earlier blog post about being a village and building a community that cares through Lemonade Day. I am calling all businesses, nonprofits, government, schools, and religious sectors to join together and become that village that empowers kids in Atlanta to run a business, be successful, and give back through Lemonade Day.  Who is in?

Contact me: iman@lemonadeday.org

Visit our site: www.lemonadeday.org

Follow me on Twitter: twitter.com/LDayFunAtlanta

July 22, 2009 at 5:44 pm Leave a comment


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