Case Study: What’s Your Side Hustle Personality?

Josue and DeShawn are middle school students who live a couple of blocks from each other and who’ve known each other since the first grade. Since starting sixth grade earlier this year, they both concluded that they need more pocket money. Their parents also think that the boys should be more industrious and develop ways to make money.

That’s exactly what they did. They thought over a number of ways that they could do this. As fall approached, they go from house to house introducing themselves to those who didn’t already know them. They told the residents of each home that they were entrepreneurs, and that they provided services like raking leaves. They also mentioned that they would be available for shoveling snow in the winter and mowing the lawn in the spring and summer.

In order to handle everything in a business-like manner, Josue and DeShawn provided each resident with a business card and a flyer listing their rates and contact information. They called their new enterprise “At Your Service.”

When they knocked on doors, they told residents to take time to think over what they were offering, but to act fast, as At Your Service would be all booked up with other clients soon. (Of course, they had absolutely no clients, but thought it best to promote a positive attitude.)

As the appointments came in, the boys placed everything in the computer. They knew they had a few weeks when they could rake after school during the week. (Though daylight savings would kick in soon.) And they could rake every Saturday for the next month, too.

They ended up getting 12 clients, some of whom they would need to do multiple raking appointments for. In the end, they brought in $800 for their efforts in raking leaves, and they split the money evenly. Josue’s grandparents added another $100 dollars, since they were very proud of what he had done. DeShawn mentioned what Josue’s grandparents had done to his grandmother. Unfortunately, she could only give him $25, since she’d been laid off for nearly a year and had only recently returned to work. But his godfather was in town about this time and gave him a gift of $25 for his birthday.

1. Why were the boys so successful in their first business partnership?
Correct!
Wrong!

-

2. What should the Josue and DeShawn do with their earnings?
Correct!
Wrong!

-

3. If they spend the money now, how should they spend it?
Correct!
Wrong!

-

4. If they wait until the winter and make more money from shoveling snow, how should they spend the money?
Correct!
Wrong!

-

5. Josue’s grandparents promise to give him another $100 if can make the same amount from shoveling snow. What should Josue do?
Correct!
Wrong!

-

6. DeShawn’s godfather says that if the boys’ business enterprise is still going when he returns next year for his annual visit, and DeShawn can provide evidence (customer lists, bank deposits, etc.) that he's earned at least $1,000, he will give DeShawn $50. What should DeShawn do?
Correct!
Wrong!

-

7. DeShawn’s godfather decides to sweeten the deal. He promises to give DeShawn $100 when he returns next year if he has earned at least $1,000 (and has satisfactory evidence) and he has at least $500 remaining in the bank when he returns. His godfather says that he will monitor the deposit records to confirm that the deposits were made periodically. What’s the best reaction to this offer?
Correct!
Wrong!

-

8. It’s February, and Josue and DeShawn are considering going to the mall to watch a movie. They made a lot more money the past two days due to the snow storm this week and not having school for two days. They want to spend money on drinks and popcorn. Should they attend the movies?
Correct!
Wrong!

-

9. It’s July, and the boys have been at it for nine months. Business has been steady, and they’re really enjoying making the money, but it’s hot and they don’t just don’t feel like mowing lawns. What should they do?
Correct!
Wrong!

-

10. A year has gone by, and DeShawn’s godfather is will be in town next week. He has almost reached the goal his godfather set for him and is just $10 short. There was a big fire in town at one of the apartment buildings, and 20 families have lost most of their belongings. Some of the children that lived there also attend the same school the boys attend. DeShawn is thinking about giving to the fire fund. What should DeShawn do?
Correct!
Wrong!

-

Share the quiz to show your results !


Case Study: What's Your Side Hustle Personality? %%personality%%

Share your results


Google+


Related Post