Sunday, September 03, 2006

How my kids earned their seed money for their business...

T and C immeditaley started asking for ways to earn the seed money.
"Can we wash the car?"
"Can we wash Daddy's car?"
"Can I make breakfast?"
They needed at least $50 to buy a vending machine and fill it.
I couldn't dirty the car up fast enough for that!


We deciding on a reading fee - every book they read would earn them a specific amount. T read fanatically at every moment. She earned $17 in one week! That was a lot of reading.

C and I descended to the basement playroom. Usually it is sacrosanct. Every piece is essential! No piece could possibly be passed on or tossed out.
Today, she quite willingly looked over the boxes and piles and heaps and casually agreed to sell anything.

Witness the power of a dream!

After much sorting (which I was happy to do in any case!) we took a car load of toys down to the local swop shop and returned triumphantly with $39.95.

We started bidding on vending machines on ebay.
While the auctions were running we convinced R (Daddy) to ask at his work if they could have a spot there for a vending machine.

We didn't win the auctions.
Thank Heavens.
The workplace was governed by an agreement with a vending company.
All the spots belonged to them.

Read on next time to discover how they created a business that has a return on investment of about 46%!

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