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Lemonade Day Houston

Lemonade Day Houston . The start of lemonade day. Michael Holthouse, Founder

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Lemonade Day Houston

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  1. Lemonade Day Houston

  2. The start of lemonade day Michael Holthouse, Founder • Best known in the business world as founder and President of Paranet, Inc., a computer network services company. He is an INC. Magazine Entrepreneur of the Year and a two-time “Inc. 500 Fastest Growing Company” winner. • Started Lemonade Day after his daughter asked for a turtle.

  3. What is Lemonade Day? Lemonade Day is a nationwide education initiative that teaches youth how to start, own and operate a business. The goal for Lemonade Day is to inspire and empower youth to create a product, make a profit and give back to the community. Lemonade Day takes place each year on the first Sunday in May. Over 35 cities within the U.S participate. The next Lemonade Day is MAY 4, 2014!

  4. WHAT STUDENTS LEARN • Making Lemonade • Setting Up • Running a Business • Accounting • Banking • Giving Back • Setting Goals • Business Planning • Finding an Investor • Site Selection • Advertising • Building a Stand • Purchasing

  5. Registrations by year

  6. 2013 Results Looking at Lessons Paid Back Investor 72% Opened a Savings Account 17% Avg. Deposit Amount $113 Donated to Charity 70% Met Their Goal 84% Plan to Participate Again 94% Stand Stats Avg. # of hours open 3 Avg. # of glasses sold 124 Avg. selling price/glass $1.39 Avg. total revenue $2.55 Avg. total expenses $19 Avg. profit $237

  7. Supports ACADEMICACHIEVEMENT College and Career Readiness • Critical thinking and collaboration • Civic Responsibility • Customer service • Teamwork • Problem solving • Presentation skills and design • Twenty-First Century Skills Academics • Math calculations • Reading and interpreting data • Reading and writing Financial Literacy & Economics • Capital equipment and consumables • Supply and demand • Credit, debt and compound interest • Gross and net income • Practical and basic business skills • Money management • Marginal utility • Return on investment Life Skills/Personal Development • Leadership • Planning • Creativity • Self-direction and personal productivity • Social responsibility and charity • Time management • Higher order thinking

  8. Suggested timeline • Week 1- Lemonade Day and Setting Goals • Week 2 - Business Planning and Finding an Investor • Week 3 - Site Selection and Advertising • Week 5 - Building a Stand • Week 6 - Purchasing and Making Lemonade • Week 7 - Setting Up and Running a Business • May 2 - Lemonade Day Activities on Individual Campuses • May 4 - Lemonade Day • Week 8 - Business Results and Accounting • Week 9 - Saving, Sharing and Reflections and Future Plans

  9. QUESTIONS? If you have questions or need any additional information, please contact; Nora Bush nbush@lemonadeday.org (281) 565-1068 101 Parklane Blvd. Suite 202 Sugar Land, TX 77489

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