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SourceLink® helps communities nationwide build vibrant and vital entrepreneurial ecosystems.
UMKC Innovation Center
UMKC Innovation Center
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By Sarah Mote
June 20, 2014

Entrepreneurship after Lemonade

Teaching Kids Entrepreneurship

Make your personal arguments, but nothing marks the official start of summer better than that first Lemonade Stand pitched on the corner of Neighborhood, U.S.A.
 
Picture it: the homemade poster with its letters bunched into an ill-planned right margin, the sweetened fruit of summer, young kids and budding entrepreneurs manning their card tables of Red Solos and ice cold pitchers, gleefully hawking their (maybe homemade) product. It’s enough to get you salivating and searching your pockets for loose quarters.
 
That lemonade stand is synonymous with summer, but don’t dismiss it just as a talisman against boredom. That lemonade stand is a rite of passage, marking our kids’ first, bold steps into entrepreneurship.  
 
And hopefully, not their last.
 
9 Amazing (Very) Young Entrepreneurs
Pomade, mobile apps, baked goods, bow ties—the young entrepreneurs behind these businesses began their startups before they even hit their teens.
 
Meet Hunter Browning
One of Kansas City’s own entrepreneurial prodigies, Hunter Browning started his first of many business ventures at the age of 16. He is the president of Fannect, the world’s first mobile competitive social network of sports fans and the author of The Young Entrepreneur, a book that guides other young entrepreneurs starting a new venture.
 
5 Ways to Teach Your Children to be Kidpreneurs
The authors of Kidpreneurs share their infographic illustrating the building blocks of discipline, structure and planning that build a foundation of entrepreneurship. 

Online Businesses for Kids
Tired of squeezing lemons and mowing lawns? Here are some ideas and guidelines for helping your child start a business online.
 
Is Your Child’s Lemonade Stand against the Law?
It’s Debbie Downer time. Before they set up a lemonade stand or sell cookies to their neighborhood friends, be aware that such seemingly harmless entrepreneurial activities might be against local laws. The advice? Call your city officials (the city clerk’s office may be a good place to start) and ask if your stand is likely to run into any trouble. Read on for more ideas on how to protect these entrepreneurial traditions.

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