Being young gives us lots of opportunities and advantages. More time to be successful is one of them. But most of us take it for granted until it’s too late. Why don’t we start the change? There are many ways to be successful at a young age. Investopedia pointed out that every generation has had its fair share of great young entrepreneurs, from agriculturalist Eliza Lucas Pinckney in the 1800s to Apple creator Steve Jobs (1900s). It’s not surprising that Millennials, often known as Generation Y, have done the same, earning their own money in novel methods. For many of these rising stars, this entails embracing entrepreneurship as a means of leaving their stamp on the world. If they can, who says that we can’t? If you need further proof, meet these 5 young entrepreneurs that have never allowed their age to stand in the way of their success.
Successful young entrepreneurs and their stories
1. Caine Monroy
Caine Monroy, then nine, opened his own cardboard arcade inside his father’s East L.A. auto parts store. It was agreed that through creating a buzz, the arcade’s single customer would be able to raise money for Caine’s education. Caine’s Arcade was shortly featured on ABC World News, Good Morning America, and MSNBC after he shared a short film on social media.
Customer lines stretched four hours or longer as a result of the transfer. Amount unknown, but scholarship fund surpassed $200,000 in donations. Inspired by Caine’s Arcade, the Imagination Foundation was born, a non-profit organization dedicated to fostering young children’s creativity and innovation. The Caine’s Arcade inspired kids everywhere to be creative.
2. Cory Nieves
In the hamlet of Englewood, New Jersey, Cory Nieves – also known as ‘Mr. Cory’ – made his wealth working alongside the woman who was affectionately referred to as ‘Cookie Mom (his mother). He is one of the youngest entrepreneurs on our list, having started his company when he was just six years old. Nieves, who specializes in delectable all-naturally flavored cookies and sweet delights, has already found himself working with household names such as Mercedes-Benz, Ralph Lauren, and Whole Foods Market, among others.
3. Hart Main
Manly scented candles were created by Hart Main at the age of 13 after mocking his sister’s girlie scented candles sold for a school fundraiser. Hart didn’t rethink his quip until he went out to buy a $1,500 bike.
Hart and his parents invested nominally in the firm and co-developed the ManCan candles. ManCan candles were created from soup cans and come in aromas including Campfire, Bacon, Sawdust, Fresh Cut Grass, and Grandpa’s Pipe.
Hart’s candles are sold in every state, with yearly sales reaching $6 million. He provides a portion of each transaction to food banks in Ohio, Pennsylvania, West Virginia, and Michigan.
4. Mikaila Ulmer
The narrative of the kid with the lemonade stand may be cliche, but for Mikaila Ulmer, a Texas native who grew up with a tried-and-true family recipe, it was the beginning of her entrepreneurial journey to success. The drink, which is marketed as ‘Me & The Bees Lemonade,’ sells more than half a million units per year in more than 1,500 locations across the United States. Following that, Ulmer has shifted her focus to the development of other product lines, such as a natural beeswax lip balm that was just launched.
5. Moziah Bridges
Moziah Bridges, also known as ‘Mo Bridges,’ is the founder and CEO of Mo’s Bows, a family-run business based in Memphis that specializes in the production of handmade bow ties.
Bridges was inspired by his father’s default of wearing smartly for all occasions (even when just walking around the house), and he felt the need to get his first bow tie. When he first started looking, he was dissatisfied because he noticed a void in the market for high-quality, reasonably priced bows. It’s time for Mo’s Bows. Moziah’s company, which began as an Etsy shop, now has an exclusive license with the NBA to use the NBA emblem on their items.
How did these kids become young entrepreneurs?
If you are a youngster or a young adult, examine what chances exist that have not been taken advantage of, and the value it may provide if you explored it. You might also consider repurposing what currently exists. Create a strategy that includes the opportunity, your response to the opportunity, and your execution plans. Gather resources, such as money, labor, and supplies, or seek assistance from an adult who can do it for you. Don’t be scared to ask for help or to learn from people who have succeeded in business. Most importantly, do not be afraid of failure. Use it as a learning experience and keep moving forward with your mission.
According to CareerAddict, while entrepreneurs are often seasoned business professionals who have been “around the block,” these 5 examples show that what distinguishes an entrepreneur is their ability to see an opportunity and use their talent to turn it into a commercial success.
These exceptional young entrepreneurs have undoubtedly capitalized on their ideas and demonstrated that everything is possible if you put your mind to it, regardless of your age.