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Money Doesn’t Grow on Trees

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Words: 502 |

Pages: 1|

3 min read

Published: Jul 18, 2018

Words: 502|Pages: 1|3 min read

Published: Jul 18, 2018

"Money doesn't grow on trees" was my mom's favorite catchphrase - and her inevitable response to my requests for movie tickets, clothes, and chocolate. The first time she used this phrase was in fifth grade when I asked for movie money. My mother gave me exact change, so I salivated while watching my friends savor popcorn and candy. Then in sixth grade, my friends and I became obsessed with sparkly jeans. When I asked my mom for money for bedazzled pants, she was genuinely baffled: “You only have one butt. Why do you need so many pants?”

Her message was clear. I couldn’t just ask for those fancy pants; I had to earn them. To earn money, I had to provide goods or services needed in my community. A lemonade stand? Nope, not enough profit. Mowing lawns? The clumsy sixth-grade me wasn’t ready to lose a finger. Having a knack for crafts, I loved making wallets, bags, and hair accessories from duct tape. Soon, I realized I could turn a hobby into a lucrative business. To advertise, I brought a wallet to class, and students clamored to order a duct-tape wallet.

I sold my merchandise for a dollar each and began earning a whopping ten dollars a week, enough to cover expenses and expand inventory. After saving some money, I indulged in popcorn and new pants. Life was great … until the inevitable — competition. With the addition of Emily's floral-print accessories and Michelle's superhero duct-tape wallets, duct-tape objects became so ubiquitous that they were no longer coveted. By eleven years old, I had experienced the thrill of starting a successful business, the challenges of adapting with a changing market, and the disappointment of bankruptcy.

My duct-tape wallet business thankfully prepared me for the challenges of my current business venture. In high school, when expenses piled up, I knew that my next business project needed to involve selling services instead of products. Because I have the credentials, and music lessons remain in high demand, I decided to teach piano. Unlike selling goods, selling services requires more communication and business skills. I had my fair share of customers who took advantage of me by consistently arriving late, bargaining for lower fees, and delaying payments. Initially lenient, I soon realized that I must be firm with customers regarding policies. Since adapting to these challenges, I’ve been successfully teaching piano to eleven students over the past two years.

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Although I used to loathe my mom’s rationale for denying me spending money, I’m now grateful she encouraged me to solve my own problems. From nights staying up making duct-tape items and days teaching piano, I learned that earning money isn’t easy, and saving money has become natural to me. Every now and then, I treat my mom to dinner because if it weren’t for her, I wouldn’t have become the entrepreneur I am today. And of course, I treat myself to a pair of pants once in awhile, because you can never have too many pairs for one butt.

Cite this Essay

Money Doesn’t Grow on Trees. (, ). GradesFixer. Retrieved November 19, 2024, from https://gradesfixer.com/free-admission-essays/money-doesnt-grow-on-trees-college-admission-essay-sample/
“Money Doesn’t Grow on Trees.” GradesFixer, , gradesfixer.com/free-admission-essays/money-doesnt-grow-on-trees-college-admission-essay-sample/
Money Doesn’t Grow on Trees. [online]. Available at: <https://gradesfixer.com/free-admission-essays/money-doesnt-grow-on-trees-college-admission-essay-sample/> [Accessed 19 Nov. 2024].
Money Doesn’t Grow on Trees [Internet]. GradesFixer. [cited 2024 Nov 19]. Available from: https://gradesfixer.com/free-admission-essays/money-doesnt-grow-on-trees-college-admission-essay-sample/
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