WEST PLAINS, Mo. (KY3) – Go to any space farmers’ market, and also you’ll see a lot of youngsters serving to peddle their household’s wares. However it’s not usually you’ll discover one operating his personal enterprise.
“I’ve all the time loved being an entrepreneur and stuff,” stated 13-year-old Silas Stephens, “and making a bit of more money and a sizzling canine stand seemed like a good way to do it.”
However why sizzling canines?
“Nicely, there’s already a hamburger place right here on the farmers’ market,” he stated, including, “so make sure you cease by Sgt. Dan’s. And likewise, sizzling canines have an excellent revenue margin, so I could make loads of cash.”
Stephens received severe about opening a enterprise after his mother and father gave him Dave Ramsey’s “Teenage Entrepreneur Workshop” for Christmas.
“I actually like being out right here and being with prospects and stuff,” stated the energetic barely-teen. “Simply the satisfaction you get from proudly owning a enterprise and making your personal cash.”
One among his keys to success is all the time utilizing high-quality elements, like all-beef hotdogs. “We attempt to purchase the nicest stuff” stated Stephens. “We don’t go along with off-brand buns as a result of they all the time crumble. So, name-brand, just about every little thing.”
After all, he stated you additionally want an excellent employees. His consists of his mother, dad, and two youthful sisters. His mother and father work for warm canines.
“I pay my sisters in ideas and in the event that they’re hungry they will get a canine,” he stated.
Silas already has plans to broaden. “I’d like to purchase a professional-grade hot-dog stand that I might simply push round, and ultimately go to the West Plains Sq. or one thing.”
Stephens stated the cart will value about $2200. He hopes to make that a lot earlier than the top of the season. First, he needed to repay the mortgage his mother and father gave him.
“I received a small mortgage from them,” stated Stephens. “So, I truly haven’t made any revenue but, however at present I would have the ability to make about $20 in revenue, after which the following day I’ll actually begin transferring into getting cash.”
Most enterprise house owners could be very pleased to begin turning a profit–on their second day in enterprise.
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