Starting a business is no easy task, but some eight and nine-year-old girls in a Virginia club are taking the challenge head on.
Kylee Majcowski is the CEO of a company called Little Ladies Inventing Fun Through Entrepreneurship (LLIFTE). And this is Tomorrow's Lemonade Stand -- LLIFTE's Kickstarter project. Unfamiliar with Kickstarter? It's an online funding platform for almost any creative project.
So what is Tomorrow's Lemonade Stand? It's an online educational gaming site created by kids, for kids. It's eight-year-old Kylee's big entrepreneurial idea.
According to Kylee, "It's to teach boys and girls how to become entrepreneurs. Starting a business, I wouldn't say is exactly easy, not exactly hard either. It's fun, exciting and you can make any job entrepreneurial, so I find that pretty awesome."
Kylee's passion for being an entrepreneur started about two years ago with a family discussion around the dinner table about the concept of starting a business.
"For a while, I didn't even know what a business was," Kylee says.
So mom, Amanda Majcowski, spearheaded the creation of LLIFTE.
"It's very much like the Girl Scouts of the new economy," says Amanda. "We teach empathy, entrepreneurship, creativity and risk."
Their pledge: "I will be caring, entrepreneurial and cool."
They do it old school: weekly meetings, cookies and juice, all while talking big concepts like financial literacy, branding and marketing.
Amanda says she asks the girls: "What's your passion? Let's take some risks today -- really getting them to see what entrepreneurial life is like."
Amanda created Tomorrow's Lemonade Stand as the ''online'' version of LLIFTE -- so all kids can have the opportunity to learn entrepreneurial skills which aren't normally taught in the classroom.
"The games will be completely rooted in child-like behavior for teaching and learning purposes," says Amanda.
One of the best parts as far as Kylee's concerned? She's in charge.
The Kickstarter Campaign launched January 31 and will continue through February 25. They are looking to raise $100,000 to get the website off the ground. So far, they have $23,000.