High school students learn some profitable lessons....

A similar situation with my 13 year old.

Last year my family and I attended the annual Aloha Festival. It is a Hawaiian festival jam packed with hula shows, great food, crafts and fun. One of the items selling is called a Jitter ring, a very addicting toy, for $3 each.

My son bought one and became very good at it. He then took it to school and it was an instant hit. Other kids were offering him $10 for his used ring.

This year we attended the festival again. My son found the vendor again and bought 20 more, without me knowing. When he showed them to me, I was a little surprised to say the least. He said he had saved all year for the one intention of buying more and selling for profit. He even had it all figured out on paper.

Even more surprizing is the fact that my son sold out in 3 days for a profit of $150. I did not help one bit, it was all his working. I then asked what he was going to spend the money on. He looked at me like I was dumb and said "I'm buying more, what else?" I got on the phone and contacted the vendor. He agreed to sell the rings to us for $2 a piece if we buy by the case of 100.

I am impressed with my son and hopefully with the right direction he will learn a great deal from this. The next step would be for me to ask him for a loan LOL!!!

In case you are wondering what a Jitter Ring is click the link below. I have nothing to do with the site, just for your info on the ring.

Dennis


What is a Jitter Ring?