LINCOLN, Neb. (KOLN) – Lincoln area youth will have the chance to flex their creative muscles and business minds as they develop a brand, create a product, build a marketing strategy, and then open for customers at a one-day marketplace on Saturday, May 14th.
“Imagine a farmers market or craft fair, the only difference is every business and product sold is created, owned, and ran by a 5-17 year old,” said Zach Harsin, co-founder of Acton Academy Lincoln, the event’s host. “The goal of the event is simply to provide a platform for youth to experience the power of entrepreneurship for themselves.”
The public is invited to attend, but come prepared. Each business charges real money for real products or services. According to Harsin, most businesses take out a loan from their parents that they then repay from their revenue from the fair.
“They learn about profit margin, cost of goods sold, sales, marketing, and so…