Jonathan's new adventure in earning money is a lemonade stand.  He thought maybe he could call it "Lemon Daley" as part of the family theme.

At first, he had all sorts of grandiose ideas, including a frequent buyer's club, a toy day (when you get a toy with your purchase), and a fancy wood stand to sell from.  Jon and I encouraged him to start small.

We also believe in starting where you can afford.  He only had a few dollars in capital. So, even though the cheapest cost per lemon is to buy a bag of 14 lemons at Restaurant Depot for $5, he bought a single lemon for 79 cents.  I offered him a deal on half a bag of sugar for $1.  We also had some paper cups lying around that he got for free.

He made a pitcher of lemonade, and some signs on scrapwood, and set up a table and chairs.  He enlisted Noah's help for the set up and running of the stand.  He asked the neighbor's permission to put a sign in her yard (the cars need a good amount of lead time to slow down and stop - it still might not be enough.)  I helped him with the angles, so that the cars could actually see the signs.

lemonade stand and sign

Many cars went driving right on by, though I could see a few slow down a tiny bit as they read and looked.  Then it started sprinkling and the boys got out our biggest umbrella to hold over the stand.  Then I saw some lightning, so that was the signal to start packing up.  They'd only been out for about ten minutes.

lemonade stand and sign

Just then, the mail car came down the other side if the sterrt.  I told Jonathan it would be nice to give some to the lady, and that I'd buy it for her.  I ran across wth the cup, and she was very happy for it.  She said she had needed a drink and wanted to pay for it herself.  So Jonathan got his first real customer and he is encouraged about the endeavor.  He gave Noah half the revenue for being his helper.

Startup costs: $1 for sugar, $0.79 for a lemon.  Revenue: $0.50 for one small cup of lemonade.  Labor cost: $0.25 to Noah.

So he is still at a loss, but if he can sell the rest of the pitcher soon, he should recoup, plus get enough for more lemons.

Posted by Heather Daley on May 7, 2011, 3:54 pm | Read 60544 times
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Comments

Attaboy(s)! Real money, brought in from outside the family!

Posted by SursumCorda on May 7, 2011, 4:56 pm

P.S. Love the name.

Posted by SursumCorda on May 7, 2011, 4:58 pm

Post Storm Update: The boys set up the stand again after the rain stopped. Three more customers! Two of them bought the large size, which is $1.50. The other bought the small. So now Jonathan's gotten a profit! He still needs another sale to buy another lemon, but maybe he can convince Noah to buy it since he's only had pure income from the deal. (: (I have not suggested that to him, we'll see if he thinks of it.)

Posted by joyful on May 7, 2011, 5:39 pm

End of the day update: Another neighbor bought a large cup, gave them $2 and said keep the change. $5.50 revenue in one day, Jonathan is ecstatic!

(By the way, I misunderstood Jonathan earlier. There was not another person who bought a small, he was counting the mail lady.)

Posted by joyful on May 7, 2011, 6:25 pm

That's a rather generous cut for a helper. 50 percent of gross and not profit! It's good to know older siblings don't just snooker younger ones. ;)

Posted by IrishOboe on May 8, 2011, 6:58 am

I like to see that umbrella being put to use! ;-)

Posted by Stephan on May 9, 2011, 12:35 am

Yes! And I use the boots a lot for tromping in the muddy yard to to get the mail in the rain. (:

Posted by joyful on May 10, 2011, 7:10 pm

A very fashionable and most extravagant way to get the mail in the rain! :-D
Posted by Stephan on May 11, 2011, 11:55 am

You think so? You should see how Jon dresses to get the mail!

Posted by SursumCorda on May 22, 2011, 6:48 am

We had to get that picture outside because the reflecting strips on the suit fooled the light detector on the camera when the flash went off and the rest of the pic was all dark.

Posted by joyful on May 22, 2011, 5:35 pm
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