What's included
1 live meeting
45 mins in-class hours per weekHomework
1 hour per week. At the end of each class, learners will be given task(s) to complete which will build up to the creation of their lemonade stand. All weekly tasks relate directly to the creation of the lemonade stand- no busy work! Learners and families can also modify these assignments as needed to meet their own needs and goals as they create their business. The amount of time needed to complete each task will vary depending on the learner's ideas but expect to spend about an hour per week working on tasks related to the creation of the final product- the lemonade stand!Class Experience
Are kids too young to earn money? No way! Entrepreneurship can be learned and practiced at any age! In fact, your tween and teen years are a wonderful time to develop entrepreneurial skills that can benefit you throughout your entire life. In this ongoing class, we'll explore entrepreneurship through the experience of creating and operating a lemonade stand. In partnership with the Lemonade Day program, we will learn the skills necessary to start and operate a small business. While the business model is a lemonade stand, learners are encouraged to put their own creative spin on the idea. Perhaps your lemonade stand also sells your art, jewelry, or cookies! It is up to you! This is an ongoing class, which means learners can join at any point in the schedule. Ideally learners will attend four classes to get the information and skills needed to start their lemonade stand but you are welcome to join for as little or as long as you would like! During the first 30 minutes of class, the instructor will guide learners through the week's lesson. There will be time for learner input and questions. During the final 15 minutes of class, learners can share their progress on their lemonade stand, ask more in depth/learner specific questions, work on their weekly tasks, and further discuss the week's topics. Examples of topics we will discuss include: What are some ways to earn money as a teen? How do I balance working or starting a business with school and other responsibilities? How can I start my own business? Should I start a business on my own or with a friend? Do I have to pay taxes if I'm not 18? How can I get customers for my business? How can I stay safe while working in the community or online? Here is our schedule for each week of class: Week of May 22: Goal Setting and Entrepreneurship Week of May 29: Updating/Creating your Business Plan and Setting a Date Week of June 5: Customer Service and Product Design Week of June 20: Updating/Creating Business Plan and Investors* *After this week we circle back to the beginning and work our way through the topics again. The class is structured so that learners can enter the class at any time. ****This class is dyslexia friendly. Learners will not be asked to read aloud and all information shared on screen, including chat comments, will be read aloud by the instructor.
Learning Goals
Learners will be able to identify and explain concepts and ideas related to entrepreneurship (example: customers, supply and demand, expenses, profit, etc.) and put these concepts into practice by creating a lemonade stand or similar business venture.
Other Details
Parental Guidance
Learners and families have the option to access the FREE "My Lemonade Day" app offered by the non-profit organization My Lemonade Day. This is totally optional but certainly helpful. For more information check out lemonadeday.org
Supply List
Learners will be creating their own business, based on the idea of a lemonade stand. This idea could be modified (example: selling ice cream, artwork, etc.) but the overall objective is for learners to set up a business on their own. Items needed could vary depending on the learner's idea. Throughout the class we will discuss how to obtain needed items without buying them new (for example, borrowing a table from a friend or family member) but some items such as ingredients for their lemonade will need to be purchased. Learners will not need to bring these items to class.
External Resources
In addition to the Outschool classroom, this class uses:
Teacher expertise and credentials
North Carolina Teaching Certificate in Social Studies/History
I am a social studies educator with a passion for personal finance. I am certified to teach economics, and have a strong knowledge in debt reduction strategies, budgeting and saving. I am also an entrepreneur and currently own an educational consulting business. Over the past few years I have educated myself on the principles of Financial Independence and our family is now debt free! I wish someone had shared more financial tips with me when I was younger and I am excited about sharing what I have learned with you!
Reviews
Live Group Class
$15
weekly1x per week
45 min
Completed by 2 learners
Live video meetings
Ages: 9-13
3-9 learners per class