Monday, April 4, 2011

Lessons from a Lemonade Stand

Yesterday was a beautiful day, and my girls and a friend decided to run a lemonade stand. It got me thinking about all the lessons that we can learn from them.

Be excited about what you do!
Smile when you are selling, and look like you are having fun, but better yet have fun with it!

Spontaneously take advantage of new opportunities.
The success of a lemonade stand is often dependent on the weather. You have to been willing to take advantage of a beautiful day and be spontaneous in opening your stand.

Location, location, location.
Good location is crucial! In order to attract customers you need to be located in a place where your customers will find you. When choosing whose lawn to run the lemonade stand on, you should consider whose location has more customer potential. We happen to live across the street from a neighborhood pool which provides a great location in the summer.

Chase after what you want.
Our girls tend to chase after cars with an adorable sign, while screaming “Lemonade, want to buy some lemonade?” It is amazing how often customers respond to adorable kids!

Work with your business partners and don’t be greedy.
It’s more fun to run a lemonade stand with a friend, but you need to work together and share the profits. Even if the only thing your little sister contributed was her cute face, she deserves a share of the profits too. This provides a great lesson in sharing.

Don’t eat (or drink) your profits.
Remember to do quality assurance on your product line, but don’t drink it all.

Be aware of the development costs.
Know your costs. You haven’t mad e a profit until you have paid for the cost of the product. (This is a lesson I haven’t really taught yet since supplies have been on the house).

Remember those in need.
My policy has always been that you can keep the money earned at the lemonade stand without covering your costs, if you subsequently give the money to charity. The kids have learned that this happens to be a great promotion!


  1. In nature things are either growing or dying. The same thing goes for human beings in regards to the type of person we become. Education assures you that there will always be growth...

  2. This comment has been removed by the author.

  3. You got to check out this site if you want to someone to write online your homework

  4. This comment has been removed by the author.

  5. Wow, I didn't think there were such lessons, no, seriously, okay there are dancing or sewing lessons, I like your lesson, I just got more time thanks to, , here will be the opportunity to use your lesson)

  6. Thanks for sharing such timely advice. I always follow the updates here. Every time I find new information for myself. I also often use help

  7. I think, through this, lesson, many people increased their knowledge. So, we should attend informative and helpful lectures, so that we can get awareness about our lives. Dissertation writing services.

  8. When I was a child I often made lemonade and try to sell it. This is so funny. The lemonade was so delicious. This article call in my sweetest memory. But now I student and need to do some homework.
    Fortunately, I found the perfect service which can write an article for me

  9. I loved what your girls did. It might be a new experience for them and might have told them a lot of ways to sell. I also sell a personal statement writing service for some students and that is the only UK based. Though I am not here to sell anything and I was just going through your blog because I find it very amusing. I am a father of 3 and that is the similarity between us which keeps me reading your blog.

  10. Great to know about your experience. I loved what you did. In this way, most of the girls learned and explored many different and new things. I am a writer and provide
    law essay writing service to the students of the UK.

  11. This is a biker jacket made for women with a sleek style. It has a collar followed by a side metal closure. In addition to that, the jacket has 3 metal zipper pockets on the front followed by a small flap ornament pocket.Visit our site.thankyou

    Ministry Of Fashion Black Faux Leather Jacket
    Ship John Wills Brown Faux Leather Jacket
    Tommy Bahama Rocker Highway Leather Jacket

  12. Such an informative post. The article is really helpful. Thanks for sharing the knowledge and experience.
    Site : Black Shaw Men's Leather Bomber Jacket

  13. So when you ponder what toys to purchase, consistently recall that you ought to purchase instructive toys. A genuine model would be some LeapFrog toys. Jump has thought of numerous electronic toys that sudden spikes in demand for batteries and which give tremendous measures of tomfoolery. Jump's most recent toy, the Leapster Explorer will be one of the hits this Christmas. I'm putting down my wagers on this toy and I think many children will get this intex pakistan.

  14. Friends who play together stay friends! In fact, even when there were lockdown restrictions imposed before, staying in touch online with pals was a source of happiness and affection. Playing with pals online is always enjoyable as we spend some precious time with friends from around the world. Because of this, we've included this Revived Witch - Download & Play for Free Here. So download and play this game and make sure you and your pals have a fun experience!

    Next topic: building tips in Sims 4

  15. A lemonade stand provides an opportunity to learn about entrepreneurship. It teaches the basics of starting a small business, including setting up a budget, determining prices, managing inventory, and handling transaction and some time I help my son to write the university assignment to buy a dissertation proposal assignment that is submitted at the university on the given timeline.

  16. The value of interposers is among the most significant lessons to be learned from a lemonade business. Devices known as interveners are positioned in between two other devices in order to enhance functionality or performance. Anything that improves the efficiency, profitability, or customer experience of a lemonade stand could be considered an interposer.

  17. Continuous professional development and staying updated with industry trends are crucial for effective Accounting for investments.