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Tech entrepreneur Michael Holthouse is often surprised by how unfamiliar many adults are with the basics of business. "Many Americans believe revenue and profits are the same thing,"
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Holthouse dreamed up Lemonade Day in 2007, after seeing how excited his daughter Lissa got about starting her own lemonade stand when he said he wouldn't just buy her a pet turtle she wanted and challenged her to raise the money herself.
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Time.com: Business Lessons From Lemonade Day |
What is wild to me is some of our youth, when the start Lemonade Day, don't have two nickels to rub together. By the end of the whole process, they are giving material amounts of money to someone they believe is less fortunate. It could be $20 or $50.
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I picked this up via a tweet from Elaine Pofeldt @ElainePofeldt
Joe Mobley
