I’ve been pulled away from my usual desk for an urgent family matter, but I’m borrowing a relative’s computer tonight.
While driving to Sacramento to visit my grandfather in the hospital, my niece started complaining about a boy in her school. You see, in her school they have a “town,” and the kids are allowed to make and sell items for each other for “town dollars.” My niece has been making bead bracelets.
She was very excited about having a regular customer, one of the boys in her class, buying her bracelets all the time. Excited, that is, until she found out he was cutting them up and doing something with the parts, then selling those parts for more than he was paying her for the entire bracelet.
She was furious. After all, he’s making money from something he bought from HER, changing it, and besides, he’s bossy, extremely self confident and she just doesn’t really like him.
You can imagine her surprise when I told her he shows marks of being an excellent entrepreneur. Not at all what she wanted to hear about him. We spent some time explaining why what he was doing was entrepreneurial, not wrong. Frankly, this is all to the good because my mother has been trying to get her to understand that she hasn’t been charging enough for the bracelets in the first place, as she puts quite a large number of beads on them.
Well, my niece still isn’t too happy about all this, but I think she’ll cope. It’s a learning experience, and maybe she’ll decide that Grandma was right and she should raise her prices, or she’ll find another solution. This “town” project sounds great for encouraging kids to be entrepreneurs at her school.




