Sunday, April 5, 2009

Entrepreneurial youth

One of my 16-year-old sons just said to me, "Guess how much money I made today? $250. And guess how long I worked? Six hours." He and a buddy contracted to do some yard work for a lady, clearing brush and trees and cleaning her gutters. She paid them $500.

"Dad, we cut down five trees. That would have cost her like $800. We gave her a great deal."

Capitalism lives!
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Posted by Robert Stacy McCain at 10:29 PM

3 comments:

  1. AnonymousSun Apr 05, 11:42:00 PM

    Did he get a permit to cut down those trees?

    ReplyDelete
  2. matthew archboldMon Apr 06, 12:28:00 AM

    Heck, for that kind of money maybe I could see your son about a job. Any more trees need picking up?

    ReplyDelete
  3. AnonymousMon Apr 06, 08:41:00 AM

    insurance?
    workers comp?
    IRS reporting of the income?

    Sure, they can cheat and give the lady a good deal. I have done it.
    BUT realize it is not the same deal as the $800 job, IF a tree falls on a car, a person, etc.
    It is not Apples to apples....

    ReplyDelete

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