Kids are amazing. They are always on the move with their creativity and love for life. For one child starting his own business was an effort to save for a toy he wanted. His business soon turned into a franchise so to speak and his making profits you would not believe. Learn how your children could be holding the next big children’s business and how to encourage them. Success knows no age, you will be surprised how this one child is encouraging others across america.
Key Takeaways:
- Perhaps you recently watched 10-year-old Jack Bonneau, from Broomfield, Colorado, on ABC-TV’s Shark Tank, show pitching his lemonade stand and marketplace business and picking up a $50,000 low-interest loan from billionaire venture capitalist Chris Sacca.
- First, kudos all around — to Jack, his parents, his teachers, his mentors and his principal — for all the dedication they invested and the direction they gave him to land this deal and attract the publicity that has followed.
- In fact, Jack was incredibly poised in front of the show’s entrepreneurial giants, who also included Lori Greiner, Kevin O’Leary, Mark Cuban and Barbara Corcoran, who all declined to invest.
“Entrepreneurship might not be a fit for every kid, but why not have schools teach everything from math to civics through the lens of building and running a business?”