enterpriseforkids.com

Inspiring kids to be entrepreneurial.

The Candy Man Planning an Enterprise!

May 13th, 2012

All kids love lollies (Candy for our American readers)! Chayse too really loves lollies! So it came as no surprise to see Chayse planning an enterprise that revolved around lollies.

Now Chayse is only four years old so he needed a little help formulating his plan. Initially he liked the idea of buying a heap of lollies, but I think he was thinking that he was going to be the one eating them!

Eventually, after much explaining, it became clear to him that he would be selling them, not eating them himself. His brothers and sisters all thought his enterprise idea was pretty cool and I’m sure were thinking, “Why didn’t I think of that!”

Chayse planning an enterprise with his $50 start up capital.

We don’t have a video of Chayse explaining his business plan. In fact, there isn’t much to it so I’ll just explain for you here.

We have lent Chayse $50 to run his business. He plans to buy large bags of lollies from the supermarket, bag them up into small mixed bags, then sell them for twice what he paid. His market will be all the hungry kids who play and watch soccer games on Saturday mornings at the local soccer fields.

If his enterprise goes to plan he will double his money or get 100% return! That will put a smile on any young four year old’s face.

We will keep you updated with how his money making enterprise goes.

Next up is Kit planning an enterprise. Kit is so excited that he reminds me of our late over-zealous Jack Russell Terrier when she used to go out for a walk!

Comments

9 Comments

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  • Scott Godley says on: July 5, 2012 at 3:31 pm

     

    Hey Kids,
    Congratulations on your business ventures. The best of luck in creating some special opportunities for yourselves.
    your Uncle Scott

    • Cathy and Trevor says on: July 6, 2012 at 3:56 am

       

      Hi Scott,
      The kids are learning so much just by going through this process.
      Thank you for your support and we hope you keep enjoying our blog.
      Cath

  • Nancy and Alan Howitt says on: July 6, 2012 at 2:38 am

     

    Well done Howitt family, keep it up and we will see where it leads.

    • Cathy and Trevor says on: July 6, 2012 at 7:10 am

       

      Hi Nancy and Alan,

      It can only lead to growth 🙂

      Love Cath and Trev

  • Pam GRaves says on: July 8, 2012 at 4:10 am

     

    Well done kids, there are some cool ideas and i am so pleased that they have been such a positive experience for you.
    Cath and Trev i don’t know how you find the time to do such wonderful experiences with you kids. No wonder they are such well rounded, amazing kids just look at their parents
    .

    • Cathy and Trevor says on: July 8, 2012 at 12:59 pm

       

      Hey Pam,
      It’s easy to do this with our kids when we are so inspired by it ourselves. A journey for all of us that we are pleased to share with others.
      Thank you for your kind words.
      We know that your kids will grow up well rounded too with parents like you:)
      Cath and Trev

  • John Strong says on: July 9, 2012 at 2:19 pm

     

    Well done kids! So far they all beat the paper delivery runs and empty bottle collecting I did as kid, now that dates me doesn’t it! Keep it up.

    • Cathy and Trevor says on: July 12, 2012 at 5:29 am

       

      Hi John,
      The great thing about paper delivery runs and empty bottle colecting is that you were out there earning money for yourself, instead of waiting for someone else to buy things for you.
      You learnt the value of hard work and I’m sure appreciated whatever you did buy with your money 🙂
      So glad you are following along with our journey. You are an inspiration to us as you have done amazing things in your life, seen many different countries and are very worldly in your outlook on life.
      Cath and Trev

    • Francisco says on: November 1, 2012 at 10:18 pm

       

      Love the new website it looks great. I also love this post. It never caeess to amaze me what our kids are capable of, and these responsibilities give them confidence and a feeling of achievement they were so proud that they learned how to run the washing machine this weekend! Talk about a win-win.

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Inspiring kids to be entrepreneurial.