While students learn about innovation in colleges around the world, a thirteen-year-old from Alabama named Taylor Rosenthal already has the concept of innovation tucked under his belt.
“RecMed is a first aid vending machine company that helps consumers get convenient and fast access to first aid,” says Taylor in a Youtube video pitching his idea.
WLTZ First News reports on the entrepreneurial innovation of Rosenthal, “It was the simple idea of selling first aid kits at sporting events that’s now grown to something that’s simply knocked-outta-the-park-genius, RecMed first aid vending machines. It was an idea that came straight from Taylor, an Opelika teen, student and baseball player.”
And now, one major corporation wants to discuss buying his idea for 30 million dollars.
However, this grand number–30 million–does not quite cut it for young Taylor Rosenthal. “I was kind of surprised, but unfortunately we declined it because we’re waiting for it to get up to a higher price,” He said.
Rosenthal plans on selling it for 100 million dollars before he graduates high school so that he can attend Notre Dame and play baseball. “We told him to sell it for 200 million and go buy the team.” Round House Founder Kyle Sandler said with a chuckle.
Taylor Rosenthal turned his idea into a community effort, as many people in his community have reached out to help him. Although he has had a lot of resources, he definitely put in the effort and did a spectacular job putting the idea together and turning it into a reality.