EP44: A Lemonade Stand From A Childs Perspective

Published: Aug. 4, 2016, 6:41 a.m.

b'This show is a little different. Instead of interviewing a successful entrepreneur who is actively building a business, I decided to interview 4 young boys who were running a lemonade stand on a hot summer day. They had set up right outside of a coffee shop that I frequently visit and had quite an impressive lemonade stand with wooden roof and everything. I was impressed. Once I saw that not only were they selling lemonade, but also their own artwork as well as rocks (yes, plain ole rocks) I decided to take a closer look. While buying a cup of lemonade, the boys told me that they were donating 50% of all proceeds to a non-profit that helps protect honey bees. They go on to tell me about the \\u201cbee colony collapse disorder\\u201d that is killing bee colonies around the country and how they wanted to help save the bees. Very interesting...\\n\\nClick here to read more about Colony Collapse Disorder https://en.wikipedia.org/wiki/Colony_collapse_disorder \\n\\nI went inside to drink coffee and work, but kept an eye on the lemonade stand to see how it was doing. Customer after customer came up to buy their lemonade and artwork (and maybe a rock or two) and these little guys seemed to know what they were doing. That\\u2019s when I decided that I HAD to interview them. Not only were they running a successful lemonade stand, but they were doing it for a good purpose; they were raising money to help fund a cause that they believe in. These boys were too young to think about how the government can save the bees, so they took matters into their own hands. Every happy customer made for more happy bees. \\n\\nTypically in the Free Market, we see win/win scenarios which can be recognized by the \\u201cdouble thank you\\u201d (I cover this topic in episode #38: How to Create a Liberty-based Community). Basically when a voluntary transaction is finished, both people feel that they are better off and tell each other thank you. The lemonade stand boys took this a step further and decided to donate much of their profits to a cause they believed in. This is truly a great example of how entrepreneurship helps generate wealth, spread happiness and helps people feel more in control.\\n\\nWhile you listen to this episode, think back to when you were a child, maybe 8, 9 or 10 years old. Did you have a lemonade stand? Maybe a car wash or bake sale? Do you remember how exciting it was? Did you set up a table and chairs for your lemonade stand? Maybe bake your favorite cookies with your mom in preparation to sell them? Did you have fun playing with the water hose when washing the next car in line? \\n\\nFull Show Notes on Website: http://libertyentrepreneurs.com/2016/08/le44-lemonade-stand-childs-perspective/'