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It's official: Ale is an entrepreneur!
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December 02, 2008, 07:30:40 AM
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miclason
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« on: July 18, 2008, 09:31:32 AM »

...she just opened an iced popsicle and frozen "chocobanano" business...
the popsicles sell for $0.30 and the frozen chocolate-covered bananas for $0.50...she's already sold $7.20 worth...of course, now she has to repay her credit (she owes me $5, but I want her to pay me in installments, just like a "real" credit) ....we also did cost analysis before pricing the popsicles and chocobananos...at a very basic level, of course, but I did make her take into account the electricity costs (from opening the fridge door everytime you grab a popsicle of banana) and gas cost (for melting the chocolate), and not just the ingredients...I also made her use $1 from what she had sold to buy a new batch of bananas when the first ones ran out (we got 20 bananas for $1)...

Next, she'll attempt to add pop corn  (I suggested it last night....it's cheap and we buy it as a treat for our house anyway, so if it doesn't sell, it's not a real loss) and strawberry milk popsicles (she's been making chocolate milk ones)....  diva

She wants to use her money to buy a doll carriage, as we got the one she has from a friend (used) and now it's starting to break...

****
background: I made her some iced popsicles, and she asked me if she could sell them...she originally wanted to charge $1 (they were NEVER going to sell at that price!), so I decided it was a good opportunity to pass along some of what I learned at the business plan seminar I attended a couple of years ago! LOL!
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allinyc
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« Reply #1 on: July 18, 2008, 02:48:19 PM »

How cute. Where does she set up market?
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JennR
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« Reply #2 on: July 18, 2008, 04:52:54 PM »

How fun! What a great learning experience for her!
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miclason
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« Reply #3 on: July 19, 2008, 08:44:55 PM »

When she goes out to play with the other kids in our block, she reminds them she has popsicles and chocobananos...we at home are not immune, either (she did ask if it was ok to SELL to family!...I said Of Course!)

She already re-invested $1 to buy 20 more bananas...and today she bought new stuff for her business:

1 popsicle mold
1 can of strawberry flavored Nesquick
1 bag of milk
1 bag liquid chocolate

Of course, she went to get the doll stroller she wanted, first...that one cost her $3.50...and it was actually while browsing at that store that she found the popsicle mold...she didn't hesitate for an instant: she HAD to have it! LOL!...

She did see a lot of other stuff she wanted (toys)...and I told her she could decide which one she REALLY REALLY wants and start saving for that one!...

I don't know how long this is going to last, but, yes, as long as it lasts it's a fun learning experience...

I guess this is the Salvadoran equivalent of a lemonade stand! LOL!
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Jen
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« Reply #4 on: July 21, 2008, 08:52:42 AM »

That's really neat!   clap
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HeatherH
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« Reply #5 on: July 25, 2008, 06:39:38 PM »

I really like all of the care you took to teach her about money and input costs!  She will be way ahead of all of her friends!  yippee
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