Boy, 9, making cold hard cash from iceberg ice stand

An enterprising young boy has traded his lemonade stand for something a whole lot cooler — bags of ice straight from the original source — the hulking icebergs floating just outside his hometown of St. Lunaire-Griquet on Newfoundland's Northern Peninsula.

Logan Humby and his best friend were trying to make some pocket money for candy and chips, so they set up a roadside stand offering lemonade and painted rocks to passing traffic.

Business wasn't exactly booming, so the nine-year-old decided to branch out when he saw his grandfather return from a trip in his boat with some bergy bits.

With the help of his grandparents, Logan bagged up the pristine pieces of iceberg and started selling them for $5 each. 

"It's really awesome ... I like when I'm getting paid," he told CBC Radio's Corner Brook Morning Show.

Company motto: Get 'em while they're cold

Logan sold eight bags of ice the first day, and 10 the next. Since switching gears last week he's sold 28 bags of iceberg ice to locals and tourists.

"People can take it and use it for drinks and all sorts of stuff, one man bought it to keep his fish cold."

The budding entrepreneur already has his sales approach figured out.

"He tries to get people to buy more," said his grandmother Debbie Humby.

"Somebody came in and his first words were, 'How many bags would you like?' So he's always trying to upsell."

Logan is planning to keep the stand going for "a couple of years," and he's already learned another important rule of business — when to delegate.

It's a family affair

"He usually sets up for a couple of hours a day and then after awhile — he's nine years old he doesn't like to sit still too long — so he'll leave his signs up; he leaves us in charge basically," said Debbie Humby.

"People come up to our house and buy the ice from us at the house, so it's good that way. He still gets to go and play but he's still making money as he puts it," she laughed.

Logan has also set his sights a little higher than just earning enough pocket money for snacks. He's now saving up for a Nintendo Switch game console.