October 9, 2007
The next time you see a child entrepreneur (lemonade stand, etc.), pay $5 for the cup of lemonade. My contention is that this will be one of the greatest ways you could ever spend $5. Not only will it be probably the coolest thing that's ever happened to the kid, and a story he'll remember for ever, but it will radically encourage the child's drive for entrepreneurship in the future. Now, I'm NOT talking about kids selling magazines for their school, or candy bars for their scout troop (I'm not looking to create any more Mary Kay, Partylite fake pyramid scheme business models that abuse friendships than already exist out there.) I'm talking about a kid who comes up with his own idea and acts upon it. Go out and embolden that kid's dream.