Entrepreneurship For Kids - Naomi's Next Three Weeks

Naomi faces a challenge as her regular sales decline despite increased delivery orders. Myra, a competitor, lowers her lemonade price and adds ice, prompting Naomi to consider a similar price drop. However, Naomi decides to maintain her price and add biscuits to her offering, which boosts her sales. To stay ahead, she introduces strawberry lemonade, cupcakes, and honey as a sugar alternative. By the end of the month, Naomi earns a $210 profit. The video concludes with a teaser for Naomi's future advice.

What changes did Myra make to her lemonade business?

What was Naomi's initial thought about changing her lemonade price?

What strategy did Naomi decide to implement instead of lowering her price?

How did Naomi ensure she stayed ahead of Myra's business changes?

What new products did Naomi introduce to her lemonade business?