We already know setting up a business is not an easy task to accomplish but becoming an entrepreneur at a very young age is a big achievement. In this article, you will come to know about those young entrepreneurs of America who not only are making their contribution to the country’s economy but also busy in making their well-being by inspiring all of us.
We should read about these tales of young entrepreneurs’ businesses’ journeys and use it as motivation to start our businesses.
Jack Kim
Jack Kim is a Seattle teenager that established Benelab, a search engine that generates charities. Kim had created some search engines in the past and immediately discovered the potential of a search engine in creating income from little traffic. He says the purpose of the search engine is “to make philanthropy easy and more accessible.” After setting the “no adults” rule, Kim started picking classmates to be part of his “nonprofit organization with a startup vibe” team. Kim was uncertain about what will happen to Benelab when he graduates, but he aims to get the company to $100,000 before he finishes high school.
Hart Main
Hart Main is a 14-year old that appeared with the concept of manly scented candles when he was teasing his sister about the girly scented ones that she used to sell for a school fundraiser. Although she did not believe him to completely proceed with the idea of manly scented candles himself, he did, and the concept has turned into a success nationwide. Main contributed to an initial investment of $100 and his parents contributed to $200, and they all worked unitedly to produce the candles as a group. The available scents include Campfire, Bacon, Sawdust, Fresh Cut Grass, Grandpa’s Pipe, and more. Today, ManCans candles are in over 60 shops all over the country and have marketed about 9,000 units.
Maddie Rae
Slime has an important place in the kid world, and Maddie Rae, a 12-year kid, started a business out of it, Maddie Rae’s Slime Glue. She prepares slime with her love, initially finding difficulty in getting glue in stores. It took many experiments and failures, but she never gave up and then succeeded. Maddie has opened her online store to feature a variety of slimes such as slime glue and slime accessories.
Fraser Doherty
A teenager Doherty, at the age of 14, started making jams from his grandmother’s methods. As the news got out, he started getting more requests than he had a chance to make. Eventually, he dropped out of school and rented a 200-person factory a few days each month. In 2007, a high-end U.K. supermarket requested Doherty to market his jams, managing his products getting shelf space in 184 stores. By 2007, his company had $750,000 in sales. Since then, his company has continued growing throughout Europe.
Cammon Randle
Since Cammon Randle was 8 years old, he started making detailed stop-motion movies around his house, Cammon Randle has not been able to put down a camera. In December 2004, he began CopperRain Productions to make improvements, training videos, and creative shorts for companies of different sizes, including Hitachi DataSystems, Xango, and The Marketing Success Institute. Randle and his wife, Lorri, who leads marketing know-how and business direction to CopperRain, are preparing to surpass the previous year’s revenues of about $50,000 by taking the help of the Internet to share their videos as well as teach potential customers about the company’s services.
Willow Tufano
A 14 years old girl from Florida, Willow Tufano, who’s mom serves in real estate tried her luck in business. Florida was hit hard by the recession, and houses that previously sold for $100,000 were now being sold at auctions for $12,000. Tufano had earned some money already by clearinghouses and selling the goods on Craigslist. So, when she introduced the concept of buying a house for herself, her mom was onboard and provided her the support she required. They purchased a house, and in less than a year they were renting it out for $700 a month. They have then got their initial investment back.
Cameron Johnson
Cameron Johnson made his start at the age of nine when making invitations for his parents’ holiday party. Two years later, Johnson had earned thousands of dollars by selling cards through his company he called Cheers and Tears. At age 12, he gave $100 for his sister’s 30 Beanie Babies and sold them on eBay for 10 times what he paid. He then bought the dolls straight from the maker and earned a $50,000 profit in less than a year. He utilized that money to begin an Internet business that made $3,000 per month in advertising revenue. By the time he was 15, he had grown other businesses with total revenues of $300,000 to $400,000 per month.
Catherine Cook
A fifteen-year-old girl Catherine Cook and her brother were watching a yearbook and assumed it would be a good approach to create a social media website created around an online version of a person’s yearbook. MyYearbook.com was started and later joined with an ad-supported site that enables users to post and complete online quizzes. By 2006, the site had raised $4.1 million in venture capital funding and had three million members worldwide. The site has brought large advertisers like Disney and ABC. Cooks reports annual sales of “seven figures.”
