I was about 10 when the entrepreneurial spirit hit me. I had the idea to start a lawn mowing business in our mobile home park and went door to door asking for the opportunity to mow their yards. I managed to secure but one yard on a weekly basis, but picked up others here and there.
I didn’t have a formal business because I had no company name, no business license, no tax advisors. I didn’t even have a receipt book. I simply was a kid who wanted to work and earn some money.
Even though I had only one regular customer, I received $5 each time I mowed her yard. That wasn’t bad money for a 10-year-old in 1976. It didn’t take me more than 20 minutes to finish the job because I didn’t trim or edge and the lot was only about 350 sq ft.
Although I don’t remember any specific thing that I did with the money I earned, I appreciate my parents allowing me to do this because I learned personal responsibility, commitment, and the value of working. All of which have been more important to me than the amount of money I earned through my “business.”
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