Recently, my kids took one of their favorite past times and turned it into a money making business. They played around with a slime recipe until they found one that made a slime that wasn’t too slimy and not too rubbery. One of the issues they discovered is that while slime is fun to play with it doesn’t smell good so they added scents, foam balls and a variety of glitter to make it extra special. I was pretty impressed with the product they had created and I hate to admit this but I found myself playing with their slime on more than one occasion.
They decided that they wanted to sell the slime so they could earn some spending money so I found a local craft show where they could set up shop. My role in all of this was simply that of an investor. I invested about $45 for supplies and their spot in the craft show with the understanding that they would need to pay back the loan with their profits. It was pretty exciting watching my 6, 8 and 12-year-old figure out the best way to run their business. In the beginning, they started out trying to make slime in large batches but eventually adopted an assembly line. One person would make the slime, the next person would knead it until it was no longer sticky and the last person packaged the slime. In a week they had made about 100 4-oz containers of slime and then they began to work on their sales pitch.
Yesterday, we loaded the car up with slime and took it down to their first ever craft show. I was so impressed by how well they did not only did they do a great job setting up their table but they were active salespeople. Whenever someone passed the table they would invite that person over to touch or smell the slime. We heard a lot of parents say absolutely not stating that “slime” had been banned in their household because it was too messy. My oldest began countering back that the messy part had already been taken care of and that their kids could enjoy a finished slime product. This ended up being the winning sales pitch as many parents double backed and purchased a few containers to take home. Many kids also stopped by the table on their own to buy slime and other vendors and crafters began to take notice. By the end of the day they had sold most of their product and after paying me back had a profit of $90 to split between themselves.
It is truly amazing what kids can do when you encourage creativity and give them a little freedom to experiment. From this experience, they have learned firsthand how to run a business, market, and sell a product. I know that these skills will serve them well in their future endeavors. I am truly blessed with wonderful kids and I am one proud mama.