Ethan Haney’s business is barely a month old, but the Gilbert entrepreneur is already turning a profit, diversifying his product line and looking for other ways to grow his bottom line. But he still doesn’t know what he wants to be when he grows up, which is forgivable considering he’s only 6 years old.
The first-grader and owner-operator of Ethan’s Lemonade stand, Ethan is becoming somewhat of a minor celebrity in his neighborhood after winning recognition from Inc.com, which is conducting its third annual Best Lemonade Stand in America Contest.
Ethan said he’s earned $150 so far. He said he’s saving the money for his and his brother’s college education.
Rod Kurtz, senior editor for Inc.com, said many of the entrepreneurs he covers who helm multimillion-dollar companies got their first taste of the business world by running lemonade stands as children.
Image via Omsi.edu
1st Grader Creates Successful Lemonade Stand
July 27, 2008 by Nicholas | 2 Comments
In Entrepreneurs
cassy on July 28th, 2008 at 9:56 pm
At the age of 6, i can’t believe that he already has this ideas. Beside that he already thinking of his and his brother’s future.
Goodluck!
jaeda on September 22nd, 2008 at 3:30 am
good luck to him!
he has a long way to go.