1.Don’t spend all of your profits on supplies. Evan used a lot of his money on supplies, and he did not have a lot of profits or earnings left. We know this because in the Lemonade War Evan had $103.11 and when he was done, he had around 60.11
2. Pick good places to sell or advertise your product. We know this because in the Lemonade War Evan found a good spot to sell lemonade and he go a lot of money. 3. Don’t sell your product in a public place without a special permit, or unless you have permission. We know this because in the Lemonade War Evan was selling his lemonade somewhere that you need a permit, and a policeman shut him down because he didn´t have a permit. 4. Keep an eye on your money or, profits, because you might lose all of your money if you don’t. We know this because in Lemonade war Evan was not keeping an eye on Jessie’s money and he ended up losing it all. 5. Keep track of your sales when selling your product. We know this because in The Lemonade War Evan did not keep track of his sales and got very confused when counting up his money, and he did not even know how much money he made. 6. Make sure you are selling your product for a reasonable amount of money. We know this because in the Lemonade War Evan sold his lemonade for only 10 cents! He ended up making $42 off of that. 7. Make sure you are selling a good amount of your product to meet your demand. I know this because in The Lemonade War Evan had to make enough lemonade for the customers. 8. Work with people that are on top of things and they work very hard. I know that because in The Lemonade War Scott was a bad businessman because he wanted to drink all the lemonade/profits. 9. Make sure that you have a high demand but you have a large supply too. You need a large supply and a big demand. I know this because in the book The Lemonade War Evan has a humongous demand but not enough of his supply. 10. Make sure that you are being friendly to your demanders, and you are schmoozing your customer into buying more of your product. You need to do this because in the book The Lemonade War it says when Evan was schmoozing his customers they said “keep the change”. Going mobile is important Jessie had the idea to move her business all over town and have 13 stands. On page 101 Jessie looked at the clock and she quickly got dressed and went down stairs and jessie Sell in a good spot. You need to find the right location because if you find the right location you can get more business.on page 20 and 21 because scott said “why can't we just stay in the shade by your house?” Evan said no because Jessie said we will get more business at the end of the corner. Price your item well. One rule is that you need to stay the cheapest one in town. In the text Jessie said “cheapest one in town” and then all of the town came to her lemonade stand so Jessie won the lemonade war. Advertise well! One rule is make people love your business by make great advertising and make it at a amazing price like when Jessie made good advertising with megan when they added pretty posters and decorations. Value- Added A rule is that you should make something extra in your product. It is value added! In the book on page 78 Jesse makes it value added by adding snacks to her stand. Follow the business laws. One rule is to know laws. by knowing where you can sell and when.Like on page 96-99 because it said that he got busted dy not knowing his lemon laws. Like when he was selling on private property or else they would have to sell something every two feet or he would need a permit on page 97-98. Top 6 Rules for Entrepreneurial Success
By: SuperDogNado
Check out who wore their costumes better! Hopefully you'll enjoy!
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October 2017
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