Business Opportunities Weblog

His Dad Gave Him a Soda Machine Instead of An Allowance

By on April 30, 2013 in Profiles

Photo by bcostin

This sounds like a great idea to try with your kids:

After a brief, failed experiment paying me to do chores, my dad tried something really neat. It clearly took a bit of legwork, but maybe there are some transferrable lessons for parents who want to lay an entrepreneurial foundation.

He gave me a vending machine.

He rented the machine, found a location in a local workshop, and installed it. And then he told me two things.

  1. That this would be the last time I was given allowance.
  2. And that if I wanted to have any pocketmoney next week, I’d better spend this week’s on some inventory.

Read the rest.

Photo by bcostin.

education kids soda

Business Opportunities Weblog editor and publisher Dane Carlson lives in the Sierra Nevada mountains of California, just 15 miles from Yosemite National Park. He accidentally became a professional blogger in 2001. He has added 12,203 posts to the site.

Another Idea: How to Start a Vending Machine Business

  • http://wahm.business-opportunities.biz Angela Shupe

    That does sound like a good idea, and it teaches a valuable lesson. A little more advice on business management might have helped him (showing him how to track profit/expenses, at least) get a little farther faster, but his dad still gave him an important lesson in managing money.

  • http://lagosbusinesses.blogspot.com Business Ideas Expert

    Your Dad really loves you

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