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Student’s cool business idea helps pay for university

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Student Cameron Smith has taken finding a summer job to a cool new level.

With an investment of $10,000 that he earned from working two and three jobs at Coral Beach Club in previous summers, the 19-year-old launched Bermuda Triangle Snow Cones in Dockyard on May 20.

And his summer small business is already proving successful, selling hundreds of snow cones each week to mostly Bermuda residents and Dockyard area workers.

At $3 for a small up to $7 for a large, Mr Smith is turning a healthy profit for a young university student and is confident he will more than make his initial investment back.

“The last couple of weeks with the heat we have had record sales,” the young entrepreneur said, adding he was surprised that he was getting far more Bermuda customers than tourists.

He is the only snow cone operator in Dockyard except during Monday night’s events.

Mr Smith applied to Wedco a while ago to operate his snow cone stand and said they liked his proposal and have been very supportive.

“I thought Dockyard would be a prime place to have snow cones with the cruise ships, but it has turned out locals buy my snow cones more.” he said. “Dockyard has still worked out really well because there are a lot of companies here and their workers like snow cones.”

So while some of his peers are chilling out for the summer, Mr Smith works seven days a week in Dockyard from 11am to 6pm helping others keep cool.

Stressing that fluffy ice makes for a good snow cone, Mr Smith took the time to research and source a top-notch snow ball machine and quality syrups from abroad and then had them shipped in. He sourced a stand and equipment for his business and after a few location issues, Wedco assisted him in setting up in his current prominent location, near the Clocktower Mall and Amici’s restaurant.

Mr Smith said he is grateful to Bone Fish and Café Amici owner Livio Ferigo as well as businessman Steve Thompson for their encouragement and support in helping him get his business off the ground.

Chef Livio also helped him out with a place to store his equipment at night and assists him with other issues that arise, he said.

Mr Smith attended Bermuda College for a year before being accepted at Quinnipiac University in Connecticut, where he plans to pursue psychology with a minor in business this year.

The snow cone business has been so successful, he says he may have family continue it in late August when he starts university.

His advice to others would-be-entrepreneurs, is “a good idea isn’t a good idea unless you do something about it”.

He said it also helped to have parents who encouraged him to work hard in life, though he admits they were initially a little concerned that he wanted to invest his savings in the new business.

“My parents always taught me that if you want something you have to work for it, and I caught onto that very young,” he said. “I remember packing groceries to get a PSP (game device).”

Mr Smith started working at Coral Beach Club as a groundsman several years ago and moved on to other departments, before deciding this summer it was time to start his own business.

Cool idea: Bermuda Triangle Snow Cones owner Cameron Smith enjoys a snow cone at his Dockyard stand. He started the summer business to help pay for university. (Photo by Mark Tatem)
Summer business: Student entrepreneur Cameron Smith has launched Bermuda Triangle Snow Cones in Dockyard. (Photo by Mark Tatem)

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Published June 14, 2013 at 9:00 am (Updated June 13, 2013 at 8:05 pm)

Student’s cool business idea helps pay for university

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