Lemonade Day to introduce kids to entrepreneurship
Tuesday, February 8th, 2011
By Naomi Gunnels, ‘11 MBA
Lemonade Day introduces kids to entrepreneurship! This citywide event encourages kids to start a lemonade stand and sell their lemonade to the entire community. The children get to be creative while learning to set goals, develop a business plan, establish a budget, seek investors, and provide customer service - skills they will use for the rest of their lives. The youth also learn the value of hard work and the worth of a dollar. At the end of Lemonade Day, participants often open a bank account for the first time and give back to a charity of their choice. Schools, community groups and businesses get involved to make this all happen. Lemonade day is the perfect opportunity to show kids their community cares while training the next generation of entrepreneurs through a FREE, fun, engaging, experiential activity.
The Mayor of Glendale is incredibly excited about this program! Lemonade Day supports the Mayor’s efforts to foster positive development of youth and teach leadership skills. We want as many children within the City of Glendale to participate, and have backpacks for 1500 participants. We hope to work with the Glendale, Deer Valley and Peoria School Districts as well as private schools in the area. ASU expressed an interest in collaborating with Thunderbird, and several students may shadow our Mentors in order to take that entrepreneurial learning to a village in Ghana that the ASU Global Resolve initiative is working with.
Additionally, following in the tradition of the Walker Center, the Thunderbird Entrepreneurship Network plans to give back to the local community by not only bringing Lemonade Day to Glendale, but by also organizing a group of Thunderbird Mentors (current students and, potentially, Alumni) who will teach three classes focused around Pricing/Sourcing, Marketing and a Business Plan (location, investors, goals). The Thunderbird Mentors will volunteer one Saturday morning in late March or early April to teach these classes. We plan to reach over 300 participants with this Mentoring program. Recorded Mentoring sessions will also be available online.
Currently, we need help reaching out to the community to spread the world about Lemonade Day. We would love any help we can get! Volunteers are also welcome. For more information, please email Naomi Gunnels at naomigunnels@global.thunderbird.edu.
Lemonade Day Summary
When: May 1st, 2011
Where: Throughout the city of Glendale
Naomi Gunnels is pursuing her MBA at Thunderbird and is the Lemonade Day city director for Glendale. She has a BA in International Relations, comes from a family of Entrepreneurs and recently worked as a retail manager with locations in DisneyWorld and DisneyLand. She speaks German and can read Hieroglyphics.
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