… a simple plan.
And, nothing could be simpler – or make more sense – than The Watermelon Plan.
It has to be; you see, this ‘plan’ was created by an 8 year old!
Here’s the plan, as told by the boy’s uncle, Jack:
I will never forget my little 9 year old cousin who lives in the UK, who shared a pretty simple money making plan with me. He told me he is planning on:
1. Buying a watermelon for $5
2. Cutting it up into 10 pieces and selling each piece for a dollar.
3. Go back to the store and buy 2 watermelons.
I love this simple and basic business-building thought process.
There’s nothing difficult about making money if 8 year olds can do it.
And, they can. Here’s proof … a little closer to home … It’s my son’s story, as told on Quora:
At 10, my son wanted to start a cake shop outside his grandmother’s house (naturally, she would bake, he would sell).
But, at 12 y.o. he came to me and asked for $50 to start his new business on eBay. He offered me 49%. I accepted, just to see what would happen.
And, something did happen: a week later a package from China arrived at our front door, and over the next week a few smaller packages left the same way.
Two weeks later, my son came to me and said “here’s your $50 back” … he bought me back out!
[I didn’t have the heart to tell him that it doesn’t work like that. That’s probably the only non-commercial assistance that I’ve given his business in the last 6 years].
Since then, after growing his eBay store for 3 or 4 years, my son ‘graduated’ to an online service-based business that nets him in excess of $60k p.a. (turning over $100k++ p.a.) and has bought him a car whilst still in high school.
He contracts programmers in India and has 2 full-time customer service contractors in Manila. One of them just sent him a Christmas present and a card thanking him, saying that – because of my son – he can now fulfil his life ambition of opening up his own coffee shop.
Not only is my son setting up his own life, he’s changing other people’s lives already … and, he’s just finished high school.
With luck, you – or your children – may be able to embark on a similar journey.