Tuesday, August 26, 2014

Little entrepreneurs

All summer, Nate and Lucy have been having fun making bracelets and other creations on their Rainbow Looms, which are looms used to loop little rubber bands.


Here are a couple of bracelets Nate recently made:
So Lucy decided she wanted to sell some of her creations. She made a sign and price tags, and she grouped her creations into prices (50 cents, $1, and $1.50) according to how awesome she thought the creation was. 
We set up on a blanket by the mailboxes around 4:00/4:30.
Nate held the sign (and emphatically held it out whenever a car drove by). Levi declared himself the "pointer": when a car drove by, he stood there and pointed at Lucy. That was pretty cute.


I had told Lucy to expect maybe two or three people to stop by (I didn't want her expectations too high!), but over ten people came (either walking up or driving by, stopping, and coming over; one lady shopped straight from her car). 

Now they have the bug and are already talking about the next sale. Nate told Lucy how she could improve her sign and also thinks we should make a separate sign to put out earlier in the day saying when the sale will begin. He also thinks maybe he'll sell some of his creations (I think he has a harder time parting with stuff he has made, but he can't deny the appeal of big profits... Lucy made over $18, which is 36 weeks' worth of allowance!). Lucy plans on using her money to buy more loom bands to make more creations. 

1 comment:

Lucy said...

wowzers! 36 weeks of allowance at once is DEFINITELY an incentive :) love it. Hope you all have a great time with Mimi this weekend!