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Lemonade Stand Economics: A refreshing way to pay for college

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The TYPICAL college student takes out student loans and works at a minimum wage job. Upon graduation the typical college student is handed a much deserved diploma as well as a huge student loan bill. The diploma lasts a lifetime, and it seems like the student loan payments do too!

You are unique. You are ambitious. You are smart. So why are you broke and working for someone else? You have another option. Work for yourself and make far more than minimum wage. Make a plan now to walk past those typical students on the graduation stage. The key is knowing what to do, how to do it and starting early enough to make a difference. Lemonade Stand Economics is a little bit of economics and a whole lot of YOU! Utilize your unique skills and talents. Be your own boss. Set your own schedule. You can make enough money to pay for college and graduate debt-free.


Paying for college is easy if you know what to do and how to start. It’s Lemonade Stand Economics.

148 pages, ebook

First published August 1, 2012

15 people want to read

About the author

Geof White

3 books

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Displaying 1 - 5 of 5 reviews
Profile Image for Amanda Lauer.
Author 16 books83 followers
January 19, 2022
Lemonade Stand Economics is a well-written book for kids who are motivated to earn their way through college rather than taking out student loans. That being said, it's probably those super-motivated, self-starters who will actually read this. It might be worth White's time to update this, enlarge the print, make most of his ideas bullet points, and get it down to bare bones. The information is valuable, but it needs to be delivered in a way that kids in this day and age would relate to. Note: this book is about more than just earning money to pay for college, there are many valuable lessons for after college about living within your means, delayed gratification, being a business owner and investing for retirement as soon as you're generating income.
Profile Image for Rachel.
86 reviews5 followers
January 1, 2019
Despite some layout issues and a very few typos, it was a good book about learning to start your own business. The kind of specific, practical information one doesn't get a lot of places.
Profile Image for Anusha Iyer.
150 reviews19 followers
March 4, 2013
It’s a book on how to make a ton of money!!! Of course, I loved it. I mean who doesn’t love money. Mmmmmoney!!! Mwahahaha.

Ok so coming back to Earth now. I really enjoyed this book and, even better, had so much fun reading it. Having read the synopsis, I didn’t expect to get through this book so fast. What I expected was a boring lecture on how younger generations need to work a ton of jobs to get through their schooling. Wow, am I glad I was way off or what?

Here is the short list of the many things I learned:

1. Self-Employment is where it’s at!

Who thought window washing (well in my case babysitting) could pay for college? Well actually I would love to discover a way to make banging money off of blogging…but that idea is still in the pipe line. Anyway, there are people paying over $30/hr for simple labors like tutoring, babysitting, window washing, mowing lawns, you get the idea. I mean really?? What are you waiting for?

The best part is you are working for yourself. No Big Boss Man to answer to, none of the punching in or timing out, no more waiting weeks on end to get paid. By working for yourself, you set your hours, pay schedule, even choose your clients. Too good to be real? Well, think again.

2. Publicity is Key!

This is the catch to being a success. Publicity is what makes you or breaks you. You need to spread the word and advertise about your specific brand of service. Lucky you, with the crazy Internet today, advertising is pretty simple and easy. All it takes is a couple flyers, maybe a facebook, twitter, and of course word of mouth. Boom! You are in business.

3. A Happy Customer = Returning Customers

To ensure you continued success in your business venture, happy customers are a must. The happier your customers are… the more they will talk about your services. Beware, since this system can also go in the other direction if you piss off your clients. Be nice, be helpful, and always make sure your client is happy!

4. Blogging as a Money-Maker

After reading this book it has I figured out that I enjoy blogging way too much and spend way too much time on it (so why not make a profit?). While that’s a noble thought, I don’t really know if there is that much money to be made…or how to go about it? I’m sure there are ways…but where to begin? Let me do some reading (since that’s what I do best) and post on this matter. Meanwhile, if any of you have suggestions, advice, experiences, whatever else to share…please please pretty please Comment!


After reading this book, it has become all too clear to me that I have been wasting away my skills and time by working part-time jobs. This book is mainly intended towards high school students looking for a way to pay for further education. The strategies described in the book for work/publicity is aimed at younger ages…but I say everyone can use a little information on how to make money. This book is a great starting point for anyone looking to be self-employed. Key word there was: Starting point (well wordS). The author spends a lot of time trying to convince you that household labors is the way to go, which can be annoying if you already knew that. While White gives you helpful planning tips and worksheets, the book is a bit lacking in the ‘HOW to go about being successful once you have your idea’ department. Like I said, it’s a start. Bottom line, this book is an excellent read for younger audiences (if not everyone) looking for a little bit of extra help in the money making area.

I would like to take the time and thank the author, publisher, and Netgalley for providing me with this ARC to review.

Happy Self-Employment!!!

Reviews, Comments, Opinions galore also at Rainbows and Books
Profile Image for Laura | What's Hot?.
313 reviews230 followers
July 23, 2013
Lemonade Stand Economics is a book aimed at teenagers from about the age of 15 and upwards who will soon be applying to college. It gives advice on how to start working for yourself in order to earn money to pay for college so you can graduate debt free. It offers first hand advice from the author, Geof White, who started his own window cleaning business when he was a teenager and managed to finance his own way through college without any help from his parents. This book covers everything from finding work to marketing and networking to steps to take if you screw up to how to save your money to funding available in the US and more. It also includes a 'Gameplan' so you can immediately start brainstorming ideas and planning how to get to where you want to get to.

This book is an absolute must read for teenagers. It gives detailed and helpful advice on how to start earning your own money without working for someone else. I have been 'working' for myself and earning my own money for a few years now but I still found this book highly interesting and helpful. It starts from the very beginning and offers advice on how to look for work and the steps you need to take when you do find it. Books of this nature can often be too unrealistic for the average teenager but this is genuinely helpful advice that could help any motivated teen start working. This is specifically aimed at teenagers looking to earn money for college, which everyone has to think about at some point of another, and this book gives you the advice you need so you don't need to take out that student loan. College is become increasingly expensive but with a bit of forward planning, teenagers should be able to earn enough to cover at least part of their expenses whilst at university.

Even if the steps outlined in this book are perhaps beyond your capabilities, it is written in such a way that it is highly motivating anyway. Although it often uses window cleaning services as an example, it isn't specific to any sort of job or person but it isn't too general either so it will no doubt be a help to everyone. The author doesn't shy away from the harsh reality that most teenagers won't be able to finance their whole way through college without any aid, but still encourages you to take the steps outlined in this book so you're still a few steps ahead of the other 90% of teenagers who won't bother thinking about earning their own money and will simply take a loan.

This book will be most helpful for students in the US, but there is only one chapter which is specific to the US, everything else is pretty universal. I am a UK citizen and will stay in the UK for university but I still found the advice incredibly useful and motivating.

Teenagers, buy this now. Don't wait until the summer before college when it's all far too late. Parents, buy this for your kids and help them graduate debt-free.
Profile Image for Eustacia Tan.
Author 15 books288 followers
February 27, 2013
As a university student, I'm naturally interested in books that concern my finances. I'm really lucky to be on a full scholarship, so I don't have to worry about debt that much. But I know it's a concern for a lot of people (I know I was looking pretty intently at a bunch of scholarships).

Lemonade Stand Economics plans to help you by giving you the skills/map to earn the money you need for college. And looking at tuition fees, that's quite a big goal.

Note: This book is written specifically for American students going to college in America, but you can probably take this and apply it anywhere.

The basic premise of Lemonade stand Economics is that by selling a service, you can make a lot more money than doing grunt work. The book then teaches you how to advertise yourself, how you should train, how to treat your clients (with respect folks, with respect), and what to do with the money (put it in the bank right now, and don't you dare think of splurging every single day).

I must say, the author does a really good job of convincing the reader of the problems associated with a student loan. And also how just buying a drink everyday (when you can bring a bottle, or buy it cheaper in bulk), can really eat up into your cashflow.

What I like was that the author drew on his personal experience a lot. He mentions where he went right (in how he earned money), where he went wrong (not continuing that in college and taking a loan, and also spending the money when he could have saved it), which helps you visualise the concepts in this book more accurately.

If this book affects even just ten percent of university students around the world, we're going to see a lot more smart, business-savy and respectful people around.

I highly recommend this book for university students, students a few years away from university, and their parents.

Disclaimer: I got a free copy of this book from NetGalley in exchange for a free and honest review.

First posted at Inside the mind of a Bibliophile
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