Showing posts with label business. Show all posts
Showing posts with label business. Show all posts

Tuesday, April 30, 2013

5 Things Your Young Business Person Needs to Know

The next session of TREP$, the exciting entrepreneurship program for 4th through 8th graders, is about to begin. The initiative is designed to serve as an inspiration for young people to think creatively and to put their ideas into action by creating a new business.

Over the last two sessions, we've all learned a lot about being a young entrepreneur. Here are some tips, from my own young businessperson, Caitie, who is co-creater of Spa Girls, a business that been successful at two TREP$ Marketplace events with their all-natural bath salts, lip balms and body sprays.



  1. Don't underestimate yourself. Never assume you aren't making something worthwhile. Try to make the very best product you can, so that you can wow your customers. Make a little more product than you think may sell, and trust that you will find a way to make the sale if you are creative and persistent.
  2. Don't undervalue your time. Making quality products or providing good services takes time and hard work. Remember that your time is valuable and important. Consider it when you set your prices.
  3. Don't reinvent the wheel. Make something new and special. Make something that is unique. Or put your special spin on something that exists. Whatever you do, make it yours. That makes it something the customer will want.
  4. Always wear a smile. Be professional. Wear your best clothes and don't eat stinky foods. You want to present yourself well to your customers. Customer service is very important. 
  5. Pricing is important. Charging too much or too little can mean you lose sales. Aim for the middle. See what other companies change for similar products or services. Be very aware of how much money you've invested, and plan to make back your expenses by the time you sell half your inventory.

Gwen, my 7 year old, also wanted to throw in a tip as well. She says, "Little sisters and brothers make great assistants!"


Thursday, May 31, 2012

The Tomato Business

When we started talking about our garden for the year, my girls were adamant about growing cherry tomatoes. Usually I do a few heirloom slicing tomatoes, a few Roma's for sauce and then various grape tomatoes, like Yellow Pear, for snacking. This year, though, they wanted proper cherry tomatoes.

Following on that though, the girls has another: Wouldn't it be awesome to sell tomatoes at the Farmer's Market? The kids and I spend a fair amount of time at the market over the summer and early fall, because I do free crafts and games for kids at the Blairstown market. To my girls, selling at the market is pretty much the apex of vegetable growing. It is somethign to aspire towards.

Obviously, I couldn't let that ideas get away. So, off we went for seeds and starter trays. The trays turned into quite the discussion at the store, because there are so many different types available now. It was a great opportunity to talk about "value added" items and how you can trade money to save time or make up for minimal expertise by selecting more expensive items. In the end, the girls selected a fairly inexpensive Jiffy seed starter greenhouse set.

Jiffy 5049 Professional Greenhouse 36-Plant Starter Kit

We also spent time comparing the various tomato seeds and discussing why organic seeds are more expensive that conventional. This led to a talk about the practices used by different seed companies. And, of course, there was a discussion about the various varieties of cherry tomatoes available, planting times, days to maturity, etc. All of which led to a discussion about why it may be a better idea to research seed companies and use mail order catalogs next year, both for better price and better selection.

The next day we got to work planting the seeds. The girls wanted to know why you plant multiple seeds in each pot, then cut all but the strongest later. It was a great chance to review the fact that not every seed germinates and that you want to only keep the one strongest plant, rather than allow all the plants to compete for resources like water and sunlight, making them all weak. In total, we were hoping to have 36 cherry tomato plants!




By the way, I wanted to share a handy tip, for planting any smaller seed, passed down from my dad. We used toothpicks to make the tiny holes needed for the seeds. Then, touching the wet toothpick gently to the seed picks it up and makes it easy to transfer to the soil.


We also took to time to figure out a budget for how much their tomato business would cost to start and operate. We determined what the cost would be per pint of tomatoes we raise, and what we planned to charge for the produce. We factored in the cost of the initial seeds and pots, the soil, water and fertilizer over the season, pint containers to sell the tomatoes in, and even a fee to the market for selling our tomatoes. In the end we set a goal for how much we hope to make off of the project, after paying back expenses.

Before long, our plants germinated! Huzzah! Lots of leafy green. But the girls noticed that not every soil pellet had a plant. So I set Caitie to the task of counting those that had grown and we created a pie chart based on the data. We also talked about how we could calculate and express our germination rate. Now they're ready to go in the ground, and we'll be watching to see how they do from here.







Tuesday, December 6, 2011

The Annex

After falling trees, floods and freak snowstorms, Kaleidoscppe has had a lot of trouble settling into a space for classes. We've been very lucky to have the support of our community, particularly that of EcoZOica Consciousness Lounge, who provided us with space for programs while we waitied for renovations to be completed.

Though our little yellow building is still in the works, we have been able to complete a cozy space nearby. Kaleidoscope is now operating out of the first floor of 2 Footbridge Lane, the large red building where Dr. Magalio's dentistry practice is housed. We like to call it "The Annex." There we have a large classroom, a smaller playroom, and a tidy bathroom.

Work will continue on our larger space, but at least we have a home!


Tuesday, October 25, 2011

Building a Blog

Wow. I'd forgotten what is was like to write more than 140 words. There was a time, so very long ago, when I blogged regularly. Then came kids. Then kids and working full-time. Then kids and work and a husband who travels. You get the idea. But lately I've felt like I actually have something to say. And I'm learning to fight against that voice in my head that says, "No one would read it anyway."

That means I'm working hard to build this blog. I want to create a place where I can share ideas about learning and engaging in our world, especially through science and family. And, heck, yes, I'm hoping to raise a bit of money for the business too. (You may have, ahem, noticed the little "Donate" button?)

So please, share, post, email and generally spread the word. Tell me about other blogs you love. Let me know what you'd like to talk about. Your ideas are vital to my creativity!

Here's to the future of the KLC Blog!

Oh and pay no attention to the mysterious numbers below.




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