Brian Kiley on Burning Down Lemonade Stands
on Monday, July 22, 2013Brian Kiley Money Quotation saying Sometimes the way to make money is to give up and destroy it in hope of bigger rewards elsewhere. Brian Kiley said:
“I tried to make money as a kid. I had a lemonade stand for about six weeks. I made no money. I had to burn it down and collect insurance” — Brian Kiley
Brian Kiley seems to be jokingly recounting his failed attempt as a child to run a lemonade stand business and earn money. While many kids are able to profit from such stands during the summer, he humorously suggests his venture was so unsuccessful that after six weeks without any customers or sales, he resorted to the desperate measure of burning it down to fraudulently collect insurance money.
While certainly not endorsing insurance fraud, his anecdote appears meant to amusingly convey how even simple entrepreneurial ideas don’t always work out as planned for children learning life lessons. The quote reflects on early efforts to be financially independent that didn’t quite go as hoped.