Tag Archives: young entrepreneurs

It Was BIG, Thanks to Your Help

It would have taken a whole lot more than overcast skies and a little rain to dampen the entrepreneurial spirits of the 40 youth who showed up at “work” Saturday for First National Bank’s inaugural “BIG Lemonade Stand.”

Bring on the Customers!

From the authentic lemonade stand to the classic signage, this group of 5-13 year olds made the most of their afternoon.  They poured lemonade, handed out stickers to loyal customers, and put their classroom learning to work.

Thanks to all of you parents for allowing your children to participate.  Thanks to all of you who bought cold lemonade on a chilly day in order to encourage these eager kids to take the initiative and get excited about working hard and earning money.  Thanks to Bluffton Presbyterian Church for allowing the kids to set up shop on the church lawn.  Thanks to Bluffton Dari Freeze for donating cups for the stand.  Thanks to Randy Scoles and company for his great work on the lemonade stand.  And thanks to the young people who participated and have a little extra money in their savings accounts as a result of their labor.

Inaugural BIG Lemonade Stand

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New Business Coming To Bluffton!

A new business will be opening its doors on June 24, 2011, in Bluffton, Ohio.

And, earlier this spring I had the opportunity to facilitate a strategic planning session for this aspiring business.  The company has about 40 employees that are full of energy, passion and enthusiasm.  They come from different backgrounds but they all have bright minds and you can see the potential when they start moving in the same direction towards a common goal.

I facilitated the strategic planning session to help them think through their idea and formalize a business model.  Their product isn’t necessarily anything special, but their presentation and delivery is where they have a competitive advantage.  The ideas flew fast and furious.  I had trouble keeping up, but here are a few notes we took at the planning session:

Proposed Business Location: Downtown Bluffton (Main St and Cherry)

Direct Competition: There will be plenty of it; will be tough to compete long-term; especially Common Grounds, Community Markets, The Food Store, etc.

Target Market: Any human, all ages; must be thirsty

Product Pricing: $0.50/item; try to encourage repeat business and BIG tips

Competitive Advantage: Young, enthusiastic, persuasive, cute

Marketing: Social media and local media(I offered to help with this one), door-to-door selling (see note above on being persuasive and cute), pass out coupons on Main Street, make lots of noise at the business location, have customers wear stickers publicizing that they participated.

Hours of Operation: Friday, June 24, 2011, 1-5pm; see how it goes and play it by ear to determine if we reopen after Friday.

Goal: Earn, Save, and Spend wisely; Develop the entrepreneurial spirit; plant the seed early to encourage financial responsibility; Build Community Greatness

Business Name: Young Entrepreneurs

Product: Best lemonade this side of Main Street

What to Watch For: Very persistent Young Entrepreneurs in royal Blue T-Shirts coming after you with a glass of lemonade and a sticker

What the Young Entrepreneuers will do with their earnings: Deposit in their savings accounts

How You (the reader) can Help: Visit the “Big Lemonade Stand” on June 24 in Bluffton and show your support for these Young Entrepreneurs who are learning first-hand about responsibility, earning money, creativity, and teamwork

Member FDIC          Equal Housing Lender

 

 

First National Bank and Amerifest

This past weekend, people from all over the area visited Bluffton for the first annual “Amerifest.”  This event combined the Lion’s annual classic car show, Rotary International’s Freedom Fest, and American Cancer Society’s Relay for Life.  The weekend was a success: the weather was great, someone won a Corvette in the Lion’s charity raffle, and a great fireworks display capped off the night with a bang.  Along with many other volunteers, employees at First National Bank helped play a part in all three events.  From working the duck races for Rotary International to selling raffle tickets for the Corvette drawing, they were involved in many different aspects of the weekend festivities. 

Saturday was also the day pegged by First National Bank as “Young Entrepreneurs Day.”   Area youth squeezed lemons, baked treats, and tried their hand at going into business for a day.  The effort was designed to encourage young people to be creative and get excited about earning and saving money.  Thanks to all the parents and older siblings who helped their young entrepreneurs get a sweet taste of success.   And thanks also to all of their customers who supported their efforts and probably got a blade of grass in their lemonade and drank it anyways!   I’m already looking forward to next year’s event…