A middle schooler bought 24 cans of soda after the school banned them from vending machines, then sold them at lunch for huge markups. He hired a friend for $10 a day and split profits 50/50, but shut it down after a few weeks, scared of getting caught.
Chapters
school banned sodas from vending machines. They said, no more sodas, not good for you. Everybody is pretty pissed. I'm sitting there, well, shoot, there's an opportunity here. I convinced one of my parents to take me to the grocery store, and I bought a pack of Coca-Cola and a pack of Dr Pepper, and a 12-pack of each. So I had 24 cans of soda. I loaded them into my locker, and that lunch, that next day at lunch, I was selling soda out of my locker for a huge premium. And, uh, and it would— so that was my first taste of entrepreneurship. Um, And, you know, the story goes on from there. I did it during my lunch break and I started to get really hungry at lunch. And that was my first problem that I ran into. So I hired my friend and I said, I'll give you $10. And which was so much, that's so much money for a middle schooler. And I'll give you $10 if you do this for me. And we split the profits 50/50, you'd make at least $10 a day. And so that, so anyways, that was my first taste of it. I ended up shutting it down because I thought I was going to get caught.