5 Years Old Selling Drinks, 11 Year Old Stocks

A few days ago, I bought a few children's books for my 10 year old cousin. Her answer was astonished. When I finished reading these books, I could sell them to the school's trade Festival.

In the first place, the primary school where the cousin is located will hold a trade festival every year, and students will be free to buy and sell idle things.

But last year, their books and toys were not popular with everyone. This year, my cousin is going to focus on selling soft drinks, ducks, chickens and other pets.

Last year, the kids who sold these things made a lot of money.

If only I could sell the popsicle on the back of my little fridge.

I remember a writer once said that parents put their children on various occasions and let children explore their own skills to deal with people. This is the foundation for the success of their children's life.

American children often learn to do business before they go to school. This is not for them to make money, but for their children to understand their responsibilities and skills.

In fact, many of the world's most famous wealth masters began their business practices from teenagers and even childhood. Some young people have already shown their commercial talents.

Buffett: he started business when he was 5 years old. He began to buy stocks at the age of 11. Warren Buffett was born in a small town called Omaha in the west of the United States in 1930.

When he was born, it was the most difficult years in his family.

Father Howard Buffett invested in stocks and lost everything, and his family was very poor. In order to save a little coffee money, his mother did not even go to her church friends' gathering.

Buffett, a young man, felt that numbers were very interesting from his childhood and displayed extraordinary ability of digital memory.

He can spend the afternoon with his little buddy Russell to record the number of car licences coming and going on the streets.

In the evening, they began to repeat what they thought was interesting: Russell read a lot of city names on a large book, and Buffett quickly reported the population of the city one by one.

A friend of Buffett's friend recalled that when he was 5 years old, Buffett set up a stall on the aisle outside the house and peddled gum to the past.

Later, he sold lemon juice in the downtown area.

At the age of 9, Buffett and Russell counted the number of caps coming out of the soda machine at the door of the petrol station and carried them away in the basement of the house.

This is not the boring behavior of a 9 year old boy. They are doing market research.

They want to know which drinks sell the most.

Buffett bought soda from his grandfather's food store and peddled from door to door in the hot summer months.

When he was 10 years old, he sent 500 newspapers every morning, earning 175 dollars a month, and he saved up all the money he earned.

At the age of 10, Buffett became obsessed with speculation.

Like adults, he studied hard to grasp the law of stock price rise and fall.

At the age of 11, he bought 3 Securities for urban construction and public facilities, at $38 per share.

When the value of the stock rose to $40, he threw it out. He got 5 dollars from the handling fee.

At the age of 14, he bought 40 acres of farmland in Nebraska with his $1200 saved, and then rented it to a farm contractor.

He also went to the golf course to look for golf balls that he had used but could reuse, carefully arranged them according to the brand and price, and then sent them to the neighbors to sell them, then he deducted from his neighbors.

Buffett also built a golf pavilion with a partner in the park, and the business was booming for a while.

When he was in the senior year, Buffett and his good mechanic friend, Dan Li, began to set up billiards machines in the barber shop. They split up with the boss of the barber shop 55, and the business was very good and the market was expanding.

But Buffett was not lost in profits. He always calmly settled in more remote places to prevent local bullies from controlling their businesses.

Iron and steel king: the pfer of rabbit's naming right, rabbit, Andrew Carnegie, steel magnate Wang showed his commercial talent when he was very young.

On one occasion, his mother rabbit gave birth to a litter of rabbits. He did not have enough food to feed the little rabbits, but he had no money to buy them.

Carnegie had a heart to heart, and he said to his neighbours, "if anyone can get the golden rabbit and the plantain to feed his little rabbit, he will call the rabbit in the name of his name in the future.

This strategy has produced remarkable results. Throughout the summer vacation, the children are willing to help him collect the flowers and plantain.

Carnegie had done a telegram delivery in his early years, earning only five cents a day.

At that time, he longed to be an operator, so he taught himself a telegram in the evening, and ran to the company every morning to find a machine to practice.

One morning, the company suddenly received a telegram from Philadelphia.

The telegram was exceptionally urgent, but the operator was not at work at the time, so Carnegie took it down and hurried it to the receiver.

After that, he was promoted to an operator and his salary doubled.

A chance for Carnegie to embark on the road to becoming rich.

Once, on his way to a place by train, an inventor sat beside him and showed him his new model of sleeping car.

Carnegie's unique alertness and foresight led him to see the great future of the invention.

He borrowed money to buy shares of the company that owned the invention.

When Carnegie was 25 years old, he received a dividend of $5000 a year from this investment.

Ray Crocker, founder of McDonald's: selling lemonade, selling records, selling paper cups, the founder of McDonald's, McDonald's, Ray Crocker was born in oak garden in the western suburb of Chicago in 1902.

He does not like reading. He likes to think long and think about how he should deal with various situations.

Mom sometimes asks, "what are you doing?"

He usually replied, "no matter what, I want to do something."

When he was 12 years old, he began to work when he finished grade two in junior high school. His fantasies were more or less put into action.

If he wanted to set up a vendor to sell lemonade, it was not long before he actually opened it.

He also ran a small record store with two friends.

They invested $100 per person, rented a $25 rental shop for a month to sell records and rare musical instruments, such as Na Di, harmonica and Jo Kerry Lee Yisi. Crocker was responsible for playing piano singing to attract guests.

All these stores have achieved unexpected success.

Crocker also sold a lot of things. He once served a paper cup for a food chain called Green.

They use small capacity folding paper cups for guests to hold sauce.

It was in 1930 that Crocker observed their customers' traffic at noon, and found a golden opportunity to greatly increase the business volume of both sides. It was possible to sell beer or soft drinks with a covered paper cup in a busy business and not enough seats for those who could not find their seats and pack them away.

Crocker visited the manager there and demonstrated the product to him.

But the manager shook his head and waved and said, "it's not that you are crazy. You are making me mad.

The guests pay 15 cents for a glass of beer in front of my counter, and they pay for it with paper cups.

Why do I need to spend more than 1.5 cents to raise the cost?

Crocker said, "this will help you increase your business volume.

You can set up a separate place in front of the counter for takeout, use paper cups to drink drinks, and add the lid, and put the rest of the guests' food in the bag and take them away.

Finally, the manager agreed to free trial of the paper cups he provided.

As a result, the takeaway was so successful that he soon became a supplier of Green's paper cups.

It was after he was 52 years old that he founded McDonald's empire.

Founder of Virgin Group: from 2 chocolate biscuits, the British Virgin Group, a commercial empire with 350 branches, involves many fields such as aviation, telecommunications, trains, credit cards and so on. Its founder and CEO Richard Branson are all adventurous, especially brandson's mother, who often deliberately creates challenges for their children.

The parents of brandson are very interested in fostering children's independence.

One day when Branson was 4 years old, his mother drove him home, several kilometers away from home, suddenly stopped and asked Branson to walk home by herself.

Faced with endless fields, little Branson lost his way.

In another winter morning, the mother woke Branson up and gave him some sandwiches and apples, so that he could ride to a relative 80 kilometers away.

I don't remember how I got to my relatives' home.

I only remember that when I finally went into the kitchen of my relatives, I was like a hero who had won the battle. I was proud of being able to finish the bicycle marathon.

Branson has a business sense from an early age.

Once, his parents gave him a toy electric mini train. He changed the train by himself and raised the speed of the train, and set 2 chocolate biscuits per person as the ticket price.

For a month and a half, Branson did not worry about biscuits.

On an Easter holiday, he and his friend Nick bought seedlings from the newspaper selling money, planted 400 Christmas trees, and figured out how to make a profit of 800 pounds with the initial investment of 5 pounds.

But in the next summer vacation, most of the seedlings were eaten by hare.

So they hunted the hare and sold it at a price of a shilling.

Later, he discovered that parrot was a great business opportunity. Unexpectedly, the mother who could not bear to wash the bird's nest secretly released the parrot.

At the age of 17, Branson finally left school and sponsored the 4 student sponsored by his mother to create student magazine in a narrow basement.

Branson is responsible for the commercial operation of magazines.

When partners are still keen on politics, he is considering how to make full use of the student brand to carry out diversified operations.

When he was advertising, he told Coca Cola Co that Pepsi had ordered the magazine's advertising page. He was pretending to be busy in front of reporters. He found celebrities such as John Lennon, a member of the Beatles, to make an exclusive interview. He sent reporters to hot spots around the world for interviews. He sent out people and brands and made money by others. All of this made the circulation of students suddenly increased to 200 thousand.