“I like making money,” Ebon Flagg said during his “Business for a Day” presentation to family, fellow participants and advisers at the University of Delaware EntrePrep Summer Institute.
Flagg and business partner, Miciah Mills, quickly picked up the concepts of supply and demand during this year’s program. Taking a cue from construction obstructions and high pedestrian traffic on East Main Street, the duo founded “Water Boyz” based on their prediction of a high pedestrian demand for inexpensive and easily obtainable water bottles.
“We made fifty something dollars,” Flagg said, after they ditched their original lemonade stand model and mobilized efforts by walking up and down East Main Street. EntrePrep, a program administered by UD’s Center for Economic Education and Entrepreneurship CEEE with support from both the Delaware Department of Labor and TD Bank, took place over the course of a week earlier this month.
Throughout the week, students worked to research business ideas and measures for success before launching their projects during the “Business for a Day” segment.
via High school students try their hands at starting a business.