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end. You may not use this article in solicited or unsolicited commercial email.The Value of a Nickel -- Sell Your Products at
Optimum Price
Copyright © 2004 Howard Young
When I was a wee tike of eight, my parents started working my tail off in their business -- an American Indian Hobby Shop -- named
Buffalo Robe, in Reseda CA. We sold all sorts of items ranging from beads, feathers and bells, to full regalia of Indian and Mountain Man attire.
My job was to package glass pony beads which sold at 95 cents for a bag of 50. I guess they figured I knew how to count by
second grade and trusted me to package beads by
thousands if not millions. Once a year we set up a production line where I came home after school and would sit in front of
TV watching Speed Racer and run a handful of beads across a counting board with 50 holes drilled in it. I would then scoop off
excess beads, and place
remaining 50 beads into a Dixie cup.
I wasn't very adept at
finishing process and my mom poured
beads into a clear plastic bag then stapled on a pricing label. For every packaged bag, I received a shiny nickel and by
end of
week my take home pay was about $10 -- which back in
early 70's -- was a lot of money for an eight year old.
One day I came up with a bright idea and asked my mom if we could raise
price to a buck and I would get an extra nickel per bag. She simply said "no" because there's a secret reason why
beads are priced at 95 cents. Shush! Don't tell anyone!