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At a certain age, parents decide it’s time to start teaching their children how to be responsible with their money, and learn how to value costly items. The best way to teach a child to value money, is to make them work for it. I’m sure most of us remember our first big purchase, for me it was the iPod touch, a whopping $200. In the eyes of a 7-year-old, this may as well be $1,000. Chloe Smith, a 7-year-old girl from Louisana, desperately begged her parents for an electric scooter; her parents, wanting to turn this into a learning experience, told her that she would need to earn the money herself. This meant that she has to come up with $249 herself. Unlike many her age, this was no big feat for Chloe and her entrepreneurial mind.
With the help of her nana, Kathy Phelps, the two started baking family recipes and selling them to the locals. Chloe’s business rapidly grew, and her teacakes could be found in small shops around town. She networked through family members; specifically her Uncle Larry in Australia, who’s coworkers wanted Chloe’s TeaCakes. Eventually, TeaCakes by Chloe was an international business. Not only were her cakes delicious, but each package had a personalized hand-drawn label. Without realizing it, Chloe became a marketer, entrepreneur, and successful business woman in a little less than a month.
Chloe’s grandma believes that this business not only got her the electric scooter, but also showed her that “you have to work for money” and be patient. This experience also helped Chloe in her academics, as she read all the recipes herself and measured the ingredients. Chloe’s business was no ‘one-hit-wonder’ as she plans on continuing baking even after college. “When I get about 20-years-old,” Chloe she says that she wants to open up her own TeaCake Shop. /cloudfront-us-east-1.images.arcpublishing.com/gray/7CDCN2KJRFARBJUWNIVYRLG3QU.jpg)
TeaCake’s by Chloe serves as an inspiration to many other young entrepreneurs. All it takes is dedication and follow through. If Chloe decided that $249 was impossible to raise, then it would be impossible. Having faith in yourself and your work is the first big step in becoming a successful business. Sometimes older entrepreneurs get too obsessed with the fine details, and they overthink things to the point where the passion is no longer there. Chloe’s business goes to show that we all could benefit from doing a little less thinking, and a lot more doing.
Made in LA: 7-year-old entrepreneur starts baking business (kplctv.com)
kept on creating all natural soy candles and soon afterwards, he introduced his candle business, Bianchi Candle Company. The company did not come as a surprise to his parents because if you rewind to Nic’s younger years, you would be impressed with the young boy. During elementary school, Nic would sell toys to his classmates at recess. Later, he upgraded his little toy business with a catalog and everything was sold with a logo of his creation. He even went the next step and employed two other children as sales reps to help him with his toy business at school. His eagerness to be an entrepreneur expanded as he entered his candle company. The candle making process is more complex than most people think. Besides having a passion for entrepreneurship, Nic enjoys the math and science subjects which is a bonus in his candle making. Much thought goes into the ratios of ingredients and the sizing of the wick to ensure a longer burn and elements of the jar and label will matter in the process since the heat of the flame could destroy them.
motivational candle, Yes You Can candle, and the Bianchi Candle Co, purely luxurious candles, are two of the most popular brands of candles that the company sells. All the candles are natural and without any dyes causing them to be purely white, which when his last name is translated from Italian, it means white. Nic’s story is inspiring for me because he followed his passion which brought him into the world of business.
other products Gus serves, the business now sells Krispy Kreme doughnuts. Gus’s Eats & Treats had the opportunity to attend The Alton Winter Carnival and serve hot chocolate and doughnuts and experience the festivities of the carnival.
Slime? Is it that disgusting looking thing that can turn up in who knows where or can it be that pretty sparkly thing that you can find in the store? Children’s slime is a simple way to have endless fun. Playing with it can be a blast and that is exactly what a young girl named Maddie Rae discovered.