Matthew and his son Micah role-play starting a lawn-mowing business, working through who gets hired, what equipment they need, who pays for gas, and pricing. They settle on $1 per lawn and name it Micah and Daddy Lawn Mowing.
Hey, everyone. This is Matthew and Micah. And Micah is going to give me some business advice. So, Micah, I'm going to ask you some questions and you tell me the answers, okay? Okay. Question one. How do I make more money in.
My business by doing work?
I do work. What kind of work should I do? Do I do chores to make money?
Yep.
Should I do more chores to make more money?
Yeah.
Okay. I need to hire a new employee. Who should I hire?
Me.
What job do you want?
I. What jobs do you do?
I'm the president of the company.
I want to be a president.
So does that mean I'm gonna work for you?
No. I'm going to. I do my own business.
You want to do your own business?
Yes.
What kind of business do you want to start?
Um.
Do you want to start a lawn mowing business?
Yeah.
Yeah.
I know how to lawnmow.
You know how to lawn mow?
Yeah.
Whose lawn are you gonna mow?
Old.
Are you gonna mow our lawn? Are you gonna mow Tim and Lindsay's lawn?
Yeah, I'm gonna mow a lot of lawn.
You're gonna mow with Seth in books lawn too?
I'm gonna. Yep. I can mow law a lawn.
How much are you going to charge for to mow somebody's lawn?
I don't know.
How much do you think is fair? A dollar or more?
A dowel.
One dollar to mow a lawn.
One dowel.
Oh, I bet lots of people would let you mow their lawns for $1.
Yeah, I would get so much money.
Do you think you could ask for $5 or is that too much?
I don't know.
I guess you'll have to see, huh?
Yeah.
Whose lawnmower are you gonna use?
Ours.
You're gonna use our lawnmower? And who's gonna buy the gas for the lawnmower? Am I gonna buy that or you?
I'll pick.
Daddy's gonna buy the gas for the lawnmower. And who's gonna buy the oil for it?
I going to find a find an oil.
Gonna find an oil. You gonna find the oil?
Uh huh.
Okay.
We have me and daddy.
We're gonna start a business together.
Yeah.
Oh. Who's the boss though?
We don't need a box.
Oh. We're gonna be partners in the business. What do you want to name the business?
Micah. Daddy lawn Mowing.
Micah and Daddy Lawn Mowing. You have heard it here first, folks. Okay, Micah, say bye, everyone.
Bye, everyone.
