I learned all about entrepreneurship from my 7 year old nephew yesterday. We rented him a bike (way too big) and we rode down the Tiburon bike path until we came upon a play area where Max quickly set up shop.
Never shy, Max directed me on how and where I could order my rocks or bombs which were for sale out of his playground stand. I chose to purchase rocks, since I had no current use for a bomb.
Max set the price, 1 rock of an equal or larger size for one of the same, only more beautiful!
After teaching me how and where to order, he set out to train other kids how to take over his business after he left. He was very specific with his instruction, and on our ride home, he made sure to explain to me his succession plan for his business.
I'm not sure what my brother has been teaching Max, but perhaps he can use my blog when he applies to Stanford for his MBA in entrepreneurship. He's already well on his way to being President of his own multinational corporation.
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