Preparations underway for Lemonade Day Austin

On Saturday, May 7th you will see lots of lemonade stands set up around Austin. It's all part of Lemonade Day Austin which encourages kids to become entrepreneurs.

Finn Holt, 12, has his recipe down. He loves it but didn't know so many others would feel the same way. Holt won the best overall tasting award a few weeks ago. Now, he's ready to serve up and sell some lemonade. 

"I think it's a unique flavor with a lot of our ingredients from the backyard," said Holt.

He's learning what it takes to run a business from creating a budget to setting goals and giving back.

"He's learned it takes a lot more lemons than you think. He's learning about profit, how much it costs and how much he needs to charge to make a little money," said Michele Holt, Finn's mom.

Holt is one of more than 20,000 kids around Austin signed up to take part in Lemonade Day Austin. It's a program of the Entrepreneurs Foundation of Central Texas.

"When you support a lemonade stand you're supporting an entrepreneur in action and generally it's a kids first chance to really dive into the world of entrepreneurship and what it means to own and operate a small business," said Jackson Knowles who works with the foundation.

He plans to donate some of his profits to Austin Pets Alive! and save the rest to start a business.

So if you see a lemonade stand set up on May 7th buy a glass, or two. These small business owners would be happy to sell you one.

Finn will be selling his lemonade at the Best in Show at the Austin Animal Center.


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