Archive for Young Entrepreneur – Page 11

Let’s Talk Trash: Trashbots

After teaching at orphanages in India, two brothers, Rohit and Sidharth Srinivasan, noticed that the lack of educational resources available prevented children from learning the latest skills in technology.

Their solution? Trashbots, a company that takes an innovative approach to providing low-cost, effective tools to teach 21st-century computer science, robotics, math, and science to underprivileged children.

The Srinivasans designed Trashbots to work with open-source platforms, thus making the kits accessible to kids in rural and remote areas. Another advantage of the Trashbots platform is the scalability for children of all ages; kindergarteners can learn the basics of building without electronics, or older children can begin coding with “block programming” (synced with the Trashbots app) to program the robot to do anything (like dancing to music!)

A typical kit includes gears, pucks, axels, and starting “trash” (often rubber bands and popsicle sticks) as well as the Trashbots engine and USB cable. From there, Trashbots encourages young inventors to use anything from their local environment to add to the robot.

What further differentiates Trashbots’ kits is their ability to meet the needs of school districts, particularly during the COVID-19 pandemic. During the pandemic, Trashbots began working with school districts to ship the kits directly to students’ homes.

The Srinivasans are revolutionizing the world of STEM, making coding and engineering available to children of all ages, regardless of background. With each kit, Trashbots takes one man’s trash and makes it another child’s treasure.

 

Gus’s Eats & Treats

Picture a beautiful, clear, sunny, summer day at Merrymeeting Lake in New Hampshire. You are relaxing on a rock and soaking up the sun by a dock and can see the lush green trees in the distance on the other side of the lake. There is a slight breeze that make the tree leaves quiver. The birds are cheerfully chirping. What could be better? Well, Gus Schoenbucher knew how to perfect the scene. As you are enjoying yourself by the dock, you realize that you are hungry. Thankfully, Gus pulls up in his boat with a variety of food products to sell. Your day is topped with a hot dog and ice cream from Gus’s Eats & Treats.

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Gus Schoenbucher is a fourteen-year-old boy from a small town in New Hampshire. His brilliant idea of an ice cream truck in boat form, came from his dad bringing back memories from his childhood when he used to sell ice cream on the lake where he grew up. The business has even deeper ties than that: the same boat is used to deliver the ice cream. The initial product of his business was selling ice cream, but as time continued, someone complained that he did not have a license. The complaint did not stop Gus, he was determined to continue his business, so he obtained his license, became official, and expanded his business to hot dogs, soda, and chips. The expansion created Gus’s Eats & Treats.

As the popularity of Gus’s Eats & Treats evolved, social media helped spread the word of the business to the point where Gus’s Eats & Treats received the notice from Krispy Kreme doughnuts. In addition to theMay be an image of 1 person, standing and text that says 'MML EATS & TREATS' 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.

 

Morgan Hipworth: Finding a Sweet Spot

At just seven years of age, Morgan Hipworth from Melbourne, Australia, had developed a strong passion for cooking and baking. As a young boy, Morgan had a fascination with cooking shows and loved to bake three course meals for his family on the weekends. Morgan used his uncanny culinary talents from a young age to create a unique and successful donut and baked goods company, Bistro Morgan. Morgan’s story strongly exhibits fundamental characteristics of an entrepreneur.

Morgan’s weekend dinners for his family soon expanded into something larger. When Morgan was 13 years old, he was encouraged to bring his goods to a local café, and soon became their sole supplier of baked goods. Before long, Morgan supplied baked goods to up to 15 cafés each weekend. However, Morgan was not satisfied with staying where he was, but wanted to create a permanent business. His parents compromised with him, allowing him to create a pop-up business, which turned out to be an enormous success. In the first eight days alone, Morgan sold over 10,000 donuts. Finally, when Morgan was 15 years old, Morgan’s parents agreed to allow him to start a permanent store in Melbourne. Thus, Bistro Morgan was born.

Bistro Morgan specializes in donuts and other baked goods, but also branches out into other breakfast, brunch, and lunch foods. Known for their unique and reinvented flavors, such as Peppermint Crisp with chocolate and Coco Puffs, Bistro Morgan quickly became a bustling business. Morgan has received extensive press coverage for his business, appearing on Australian radio and TV, and competing in Shark Tank. In addition, Morgan was lauded by Instagram’s CEO as a “one-in-a-million star.” Morgan maintains a strong social media presence, having accumulated over 118 thousand Instagram followers, and many more on TikTok.

Morgan is an inspiring example of a successful young entrepreneur and his story exemplifies three key entrepreneurial qualities: he takes opportunities he is presented with and runs with them; he demonstrates a strong work ethic, devoting over 60 hours each week to his business in addition to his schooling; and he knows how to be adaptable. During Australia’s strict lockdowns, for example, he continued his business by offering lockdown deliveries. Perhaps most importantly, Morgan does what he loves and loves what he does. He is a perfect example of someone finding their “sweet spot” (pun intended) and running with it. When asked on Shark Tank when he has time for fun, Morgan responded, “This is fun! This is what I absolutely love.” Morgan Hipworth serves as a great role model to aspiring young entrepreneurs—find what you love to do and discover a way to make money doing it!

Eve Kekeh, founder of Bundlee

If you have kids, you know how quickly they grow out of clothes in their first two years. Eve Kekeh recognized this problem and started her own company to help parents seeking a more sustainable and convenient way to access baby clothes. Her company, Bundlee, is the UK’s first sustainable baby clothing rental subscription.

Having two younger siblings, Eve Kekeh experienced first hand just how quickly babies will grow out of their clothing. She says, “Babies outgrow 7 clothing sizes in their first 2 years, and seeing the amount of waste this led to made me think there had to be a better way.” While spending a year studying abroad in the US, Kekeh discovered a designer womenswear rental service. She fell in love with this idea and soon realized that this same concept could be applied to baby clothing. Through careful research and receiving useful feedback from hundreds of parents, Kekeh developed Bundlee.

Bundlee is unique as it is tailored to fit the parents’ (and babies’) specific clothing needs. You simply choose a subscription plan that works best for your family, wear the clothes with no worries (thanks to the included rental insurance), and then conveniently swap clothing as your little one grows. All returned clothes are then thoroughly cleaned through their eco-friendly Ozone sanitization method and sent on to be loved by the next family.

In order to provide the very best quality, Eve Kekeh designs all collections that Bundlee offers herself. In addition, all pieces are made in the UK in a women run and owned factory, where Kekeh frequently visits to ensure that it meets her ethical standards. While designing pieces, it’s important to Kekeh that all fabrics used are suitable for babies’ sensitive skin. That is why all clothes are made with breathable cotton and free of any harmful chemicals.

Bundlee has continued to grow and flourish over the past few years. Eve Kekeh shows true innovation as she has built a company that helps so many, while helping the planet as well.

The Bridge to Success

Social media has been building bridges to new ways of innovation and entrepreneurship ever since it began. Those who have capitalized on it when it began, however, are the ones making all the money and gaining the most fame. Felix Kjellberg, or better known to some as “Pewdiepie,” created his youtube account only one year after the website was released. It wasn’t until 2011, though, that he began to post on what would become the largest account on the platform ever (owned by one person). He began by posting quite short and relatively boring videos on his account purely for the entertainment of his friends and himself. As time went on, more people began to find his account, subscribing to it, and Felix’s fanbase grew. Less than a year later he had surpassed the 1 million subscriber mark. He began to post more and more and only a year after that was at 10 million. It was safe to say that he was on the right track.

Pewdiepie began to create merch such as shirts, chairs, headsets, and eventually his own game on the app store. He was rapidly gaining fans and in the spring of 2019, the creator finally reached an astonishing 100 million followers, which meant that 1 in 15 people who used youtube was subscribed to his account. This may not seem like much, however, almost half of the country uses this platform. He is still creating to this day and after selling many products and featuring in other videos and ads, he has accumulated roughly a cool $45,000,000 from online interactions alone. Felix will forever be remembered in the industry of videomaking and for revolutionizing the world by his assistance in bridging the gap between the real and digital worlds of entrepreneurship.

Brandon and Sebastian Martinez – Founders of Are You Kidding

“You’re never too old or too young to start a business… you can be 7 or 70.”
– Sebastian Martinez, the 13 year old CEO. 

“If we’re not learning to give back then what are we really doing for the world.”
– Brandon Martinez, the 15 year old Director of Sales 

#KIDSHELPINGKIDS

These young entrepreneurs have been able to live out their passion of designing and selling their own line of fun and funky sock that are able to benefit others throughout the world with the proceeds. Brandon and Sebastian have a “Kids Helping Kids” initiative that they are very passionate because they are able to give back to their community and give other kids a chance at enjoying their lives too.

They have a wide variety of socks for you to choose from, you could choose one of the design that is non-specific to a charity or they also have designs that they have made to reflect a multitude of their charity collections. Also, they have created a way for you to make a custom pair of socks for your own charity or foundation, all you have to do is email them to start the consultation phase. This a fun way of giving to different foundations because you aren’t just giving them a donation, you are also promoting their foundation and spreading what they do by just buying and wearing a pair of socks. In my own personal experience with this company, you feel a sense of connection with them because you both share a passion of helping others in a fun way. 

 

Are you kidding has a wide variety of local and national charities such as Stand Up To Cancer, Make-a-Wish, Amigos for Kids, Autism Speaks and many others. The boys wanted to have a fun and unique way to give back to their community that someone would remember, and I think they have done a great job at that.

Are you Kidding Socks About Us Video

Nicholas D’Aloisio, the 16 year old millionaire.

Nick D’Aloisio, a computer programmer, decided that he had enough of scrolling through large articles trying to look for simple summaries at the age of 16. Nicholas decided to use his passion for programming to fulfill the need he saw by creating Summly. Summly is an app that takes news articles and summarizes them concisely and quickly. Little did D’Aloisio know, Yahoo loved his idea. Yahoo loved it so much that they offered him approximately thirty million dollars for it! Nick happily took this offer and quickly became a millionaire at the young age of 16. He now owns a new startup called Sphere and is attending Oxford University to pursue his PhD in Philosophy. Clearly, Nicholas D’Aloisio has a rich future ahead of him.

Gabby Goodwin – CEO of Confidence

“My advice to other girls is to work hard, try your best, and remember NO is just an abbreviation for Next Opportunity!”

These wise words come from the 11-year-old entrepreneur, Gabrielle Goodwin. She is the CEO of Confidence, a business that sells innovative hair clips and hair products specifically targeted toward young girls. Her business came to be through her personal experience of losing hair clips. Hair accessories can be notorious for falling out of hair and disappearing, the beginning of the never-ending cycle of buying ridiculous amounts of hair accessories. Gabby was determined to fix this problem. Gabby and her mother came up with a new design of hair clips that would never fall out. Gabby’s success in her business clearly shows how real of a problem this is for mothers and their daughters around the world.

In addition to running her business, Gabby is a sought-after keynote speaker. She shares her story with others, in hopes of inspiring them to persevere in pursuing their dreams and ambitions. This is what drives her to keep running her business and making it better. Her initial idea of hair clips has now expanded into other products including: a hair product line, a children’s book, and a makeup box. Expanding her business is evidence that Gabby is not stagnant in her efforts, but she wants to continue to make her business better through hard work and harnessing her passion.

Gabby’s story is unique in showing other young girls that they can strive for their dreams like she did and still is doing. Many times, children become intimidated by their imagination, but Gabby is a great example of how ambition and drive can get you far, no matter your age. Additionally, her idea is unique in how she approached the design. She wanted the hair clip to have a design on both sides, and she wanted the clip to be effective in how it held hair. In pondering these two problems, she invented Gabby Bows that precisely solved them. Through Gabby’s personal experience, there was no other design of bow on the market that solved these problems, so Gabby decided to take on the solution herself in motivation to help her own hair needs and others. All these factors are what makes Gabby’s idea great. Through the process of coming up with a hair clip solution then arriving at the final product, Gabby showed strong entrepreneurial traits that simply cannot be taught. Her eye for the problem that needed to be solved showed her maturity and ability to carry out the innovative solution.

From Gabby’s story, I have been inspired to keep an eye out for the problems that I experience in my everyday life and to not be discouraged when I hear a “no”. I love that Gabby put such a positive spin on the word “no”, that is largely looked at as a negative. She spreads the message that when one door closes another one opens so that no one ever gives up on their dreams.

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Hart Main: From Wanting a New Bike to Creating a Six Figure Company

At the age of 13 Hart Main found himself in a pickle. Hart wanted to buy a bike but did not have the funds to pay for it. So, he set out to make some money. He got his big idea when he was making fun of his sisters girly scented candles. He realized that there was a lack of manly scented candles and he wanted to change that. His original motivation was trying to save money to buy his bike, but he fell in love with his new idea for manly candles. With the help of his parents Hart created and launched a new brand of manly candles. They were called Man Can. In the beginning Hart and his family put in a lot of time, effort, resources, and money to get their Man Cans ready for sale. Now Man Cans are sold in every state and their business is going very well. Hart has made enough money for more than just his bike.

What I love about Hart’s story was how he came up with his idea. He only wanted to buy a bike. But when he thought of his candle idea after a silly conversation with his sister, he knew he was about to create something so much more then what he needed to buy his bike. He had the entrepreneurial mind needed to recognize a good idea when it appears. I am inspired by the way his family cam together and supported his idea. His parents helped him every step of the way and did not push is ideas to the side simply because he was young. They supported him and helped him get his idea rolling. Together they were able to create a very cool product that not only Hart is supper passionate about but the whole family.

https://www.investopedia.com/10-successful-young-entrepreneurs-4773310

One Sweet Idea: Cory Nieves

Whereas most ten-year-old’s are playing video games and hanging out with friends, Cory Nieves found himself running his own million dollar business: Mr. Cory’s Cookies. At six years old, Cory decided that he wanted to help his mom buy a new car, so he started selling hot chocolate in his hometown of Englewood, New Jersey. Cory’s mom, realizing that he had an entrepreneurial spirit and a knack for business, encouraged him to continue selling hot chocolate to save money for college. Cory not only continued selling hot chocolate, but he also began selling chocolate chip cookies too.

Although Cory started off by “googling” cookie recipes, he’s since developed his own recipe that provides a sweet treat with a healthy component. Over 75% of the ingredients in Cory’s cookies are organic, and he’s even expanded his line to include more all-natural options for health-conscious customers, such as double dark chocolate and oatmeal raisin cookies.

Cory is not only a master in the kitchen but in fashion as well.  A quick scroll through Cory’s Instagram reveals his collaborations with some of the nation’s leading corporations, such as J. Crew, Macy’s, Pottery Barn, TOMS, and Ralph Lauren. Cory has also been featured in articles from The Huffington Post and even made an appearance on “The Ellen Show”.

The defining quality of Mr. Cory’s Cookies, however, is their mission to give back to the community. A portion of the profits fund organizations of Cory’s choosing, such as Bergen’s Promise and Children’s Aid Society. With each cookie, Cory is changing the name of entrepreneurship— and that’s just the way the cookie crumbles.