Meet Nicholas of Nicholas’ Hot Cocoa Bomb Business! He is a student at Livingston School in Union, NJ, and we are proud to showcase his business as this month’s TREP$ Student Spotlight. Nicholas is being featured, as he is an amazing example of an entrepreneur with HEART! His school’s TREP$ Marketplace will be held on January 19, 2023 from 6:30-8:30pm, and Nicholas plans to donate his proceeds to Children’s Hospital of Philadelphia. We recently had a chance to ask this caring young entrepreneur about his business.
What is your product and how or why did you choose it?
I love to drink hot chocolate, so I was looking for a fun way to make a profit and to be able to have hot chocolate any time I want!
What new skills did you have to learn to make your product?
I had to learn how to make hot cocoa bombs from scratch. By watching Youtube videos, I learned how to melt chocolate, and how it takes multiple steps to make a hot cocoa bomb.
What part of your business has been the most challenging so far and why?
Learning how to make the perfect hot cocoa bomb has been challenging, and realizing how much time it takes to make them. It takes about an hour to just make 10. I have had to manage my time, as I am very busy with school and my extra-curricular activities.
Why have you chosen to donate your proceeds to Children’s Hospital of Philadelphia (CHOP)?
CHOP is a special place for my family, and my uncle’s company will match my donation so we can double the amount we donate in order to help children that need it and to support research for illnesses.
What is the biggest lesson you have learned so far in starting your business?
It takes time to make a business. You have to get good at making the product and promoting it. You also have to make sure you will be able to make a profit after all of your expenses. It’s not as easy as it looks!
Support Children’s Hospital of Philadelphia by making a purchase from Nicholas’s Hot Cocoa Bombs, available for sale at the Livingston School TREP$ Marketplace on January 19! You can also follow Nicholas’ entrepreneurial journey on Instagram @bombsaway_byna7.
