His Dad Gave Him a Soda Machine Instead of An Allowance

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.


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