It all began...
as we sat together creating a list of things to do over the summer
(their list starting off great)
with things like...
Go swimming
Go fishing
Learn to sew
Ride bikes
Get new books at the bookstore
Make pizza
Tour a college campus
Have friends over for a play date
but the conversation quickly shifted...
Go to an amusement park
Go to a water park
Go to Pretend City
Go to the indoor trampoline place
Go to the zoo
Go to the county fair
Go to the children's museum
Go to the movies
Go to Hawaii
and as I began to notice just how
"price heavy" their list was,
I asked...
How do you plan to do all of this?
Who is going to pay for all of this?
When they could not sufficiently answer my questions, I suggested
they earn their own money by becoming business partners!
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SESSION 1
The focus:
Brainstorming and Strategic Planning
The lesson:
I presented "An Introduction to Business" and explained the pros and cons
of two business venture categories (selling a product vs. offering a service)
The assignment:
Brainstorm business venture ideas
Bring a list of at least 5 business venture ideas to the next meeting (at the end of the week)
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Then when the
Kid's Edition of the ABC Television Show "Shark Tank" aired
(I knew that it was no coincidence)
I decided to use it to help evoke their entrepreneurial spirit
and get their creative juices flowing!
And together we
watched
paused
discussed
the ideas
the pitches
the presentation styles
and when the end of the week finally arrived
we had our first official business planning session!
(which means...)
we ordered pizza
spread a blanket out in the middle of our living room floor
and brought our
pens and notepads
notes
ideas
(yes, very official, I know)
listened as each took turns sharing 5 business ideas
discussed them
finally deciding that
since they already
love making rubber band bracelets
are good at making these bracelets and
have all of the supplies and materials necessary to make them...
it would make the perfect business venture!
Rubber Band Loom Bracelets
also known as "Rainbow Loom" bracelets
also known as "Rainbow Loom" bracelets
The next step:
Create a Business Name
Identify Business Goals and Objectives
Create a Written Business Plan
And after a few days I asked if they had given any thought to
their vision
their mission
their values
and my daughter said she was thinking about
Colossians 3:17
And whatsoever ye do in word or deed
do all in the name of the Lord Jesus
And after a second meeting,
we decided upon...
Colorful Creations
adding color to the world one band at a time
(but found the name Colorful Creations already taken)
so I suggested a play on words...
Color (full) Creations
and we agreed that if we're celebrating color
then we needed to add some, and it became...
Color(full) Creations
then finally...
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Color*full Creations
creating a life full of color
creating a life full of color
What the kids are up to next...
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