Many Young Entrepreneurs Under 18 have made their mark in the business world in the United States.
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Here are 10 popular kids who have started successful businesses:
She founded Me & the Bees Lemonade at the age of 4. Her lemonade is sweetened with honey and has gained widespread attention, including investment offers on the TV show “Shark Tank.”
- Inspiration from Bees: Mikaila’s initial inspiration came from a childhood bee sting. She did not get afraid but received much inspiration. Indeed, it is one of the best business ideas for teens.
- Grandmother’s Recipe: Mikaila’s grandmother, Helen, provided her with an old family recipe for flaxseed lemonade, which she used as the basis for her product. She decided to combine her fascination with bees and her grandmother’s recipe to create a unique lemonade.
- First Lemonade Stand: With her parents’ support, Mikaila set up her first lemonade stand. She started selling her lemonade at local events and farmers’ markets in her hometown of Austin, Texas.
- Positive Reception: People were intrigued by Mikaila’s story and her delicious lemonade, which featured a blend of honey, lemonade, and flaxseed. Customers appreciated the natural ingredients and the fact that a young girl was behind the small business idea.
- Scaling Up: As demand for her lemonade grew, Mikaila and her family worked on scaling up production. They began selling the lemonade in larger quantities and securing distribution deals with major retailers.
- Appearance on “Shark Tank”: She received offers from multiple “sharks” and ultimately accepted a deal with entrepreneur and FUBU founder Daymond John.
- Continued Growth: With Daymond John’s guidance and support, Me & the Bees Lemonade continued to expand its reach. Mikaila’s lemonade is now available in stores across the United States.
Mikaila Ulmer’s journey is not only a testament to her entrepreneurial spirit but also to her passion for sustainability and bee conservation. She uses her platform to raise awareness about the importance of bees in our ecosystem and the need to protect them. Her story has inspired many and showcases the potential of young entrepreneurs to make a positive impact.Top of Form
Moziah, at the age of 9, started Mo’s Bows, a company that specializes in handmade bow ties. He has since expanded his product line and secured deals with major retailers.
- Early Interest in Fashion: Moziah developed an early interest in fashion and dressing well. He particularly enjoyed wearing bow ties, which he found stylish and distinctive.
- Learning to Sew: At the age of 9, Moziah asked his grandmother, a retired seamstress, to teach him how to sew. This skill became the foundation for his future business for teenager.
- Creation of Unique Bow Ties: Moziah began making his own bow ties, experimenting with various fabrics and patterns. He created unique, handcrafted bow ties that reflected his personal style.
- Initial Sales: Moziah started selling his homemade bow ties to friends, family, and neighbors. He quickly gained a reputation for his craftsmanship and fashionable designs.
- Online Presence: With the support of his mother and the guidance of a mentor, Moziah established an online presence for his teenager business ideas. He set up a website and began showcasing his bow ties on social media platforms.
Alina founded Zollipops, a sugar-free lollipop company, when she was 7 years old. Her products are now available in stores across the United States.
- Inspiration from a Dentist’s Visit: Alina Morse’s journey started when she visited the bank with her father at the age of seven. During the visit, she was offered a lollipop. Her father, who is a dentist, told her that candy is bad for her teeth and suggested that she should create a healthy lollipop.
- Product Idea: Alina was inspired by her father’s suggestion and decided to create a lollipop that would be good for teeth. She envisioned a sugar-free lollipop that could help reduce the risk of tooth decay and cavities.
- Research and Development: With her father’s support, Alina researched ingredients and worked on developing a recipe for a sugar-free lollipop. They experimented with different natural sweeteners like xylitol and erythritol, which are less harmful to teeth.
- Naming the Business: Alina came up with the name “Zollipops,” a combination of the words “lollipop” and “xylitol,” one of the main ingredients used in her candies.
- Business Plan: Alina and her father worked on this easy business idea for teens, including product development, branding, and marketing strategies. They aimed to create a product that not only tasted good but also had oral health benefits.
- Product Launch: Once they had a finalized recipe and branding, Alina launched Zollipops. She introduced her sugar-free lollipops to family and friends and received positive feedback.
- Distribution: Zollipops began to gain popularity, and Alina’s parents helped her distribute the lollipops to local stores and dentists’ offices. They gradually expanded their distribution network.
- Recognition and Awards: Zollipops received recognition for its innovative and health-conscious approach to candy. Alina was invited to various events and shows to share her story and promote her product.
- Expansion: Over time, Zollipops expanded its product line to include different flavors and variations, such as Zaffi Taffy and Zolli Drops, all with a focus on dental health.
- Entrepreneurial Success: Alina’s business has grown significantly, and she has received awards and recognition for her good business for teens entrepreneurship and commitment to promoting better oral health among children.
Alina Morse’s journey as a young entrepreneur with Zollipops demonstrates how a simple idea, combined with determination, creativity, and a supportive family, can lead to the successful creation of a business that not only provides a tasty treat but also promotes good dental hygiene.
At the age of 9, Isabella started Lickety Pops, a gourmet ice pop business. Her business has grown, and she has even opened a retail store.
- Interest in Baking and Cooking: Isabella had a passion for baking and cooking from a young age. She enjoyed experimenting with recipes and creating delicious treats.
- Idea for a Business: Isabella recognized an opportunity to turn her love for making gourmet ice pops into a business. She saw a gap in the market for high-quality, uniquely flavored ice pops.
- Development of Unique Recipes: Isabella began experimenting with various ingredients to create gourmet ice pop recipes. She focused on using fresh and natural ingredients to make her pops stand out.
- Market Research: Before launching her business, Isabella conducted research to understand the preferences of her potential customers and the demand for gourmet ice pops.
- Business Plan: With the help of her parents, Isabella developed a business plan that outlined her product offerings, target market, pricing strategy, and marketing approach.
- Branding and Packaging: Isabella and her family worked on branding and packaging for Lickety Pops to make them visually appealing and distinctive.
- Test Sales: Before fully launching her business, Isabella began selling her gourmet ice pops at local events, farmers’ markets, and through social media to gauge customer interest and gather feedback.
- Positive Feedback: Isabella’s unique and delicious ice pops received positive feedback from customers, which encouraged her to move forward with her business venture.
- Official Launch: Once she felt confident in her product and its market appeal, Isabella officially launched Lickety Pops as a business, offering her gourmet ice pops to a wider audience.
- Expansion: As the business grew, Isabella expanded her product line to include more flavors and varieties of gourmet ice pops. She also explored opportunities for partnerships and collaborations.
- Marketing and Promotion: Isabella and her family used social media, local advertising, and word-of-mouth to promote Lickety Pops and reach a larger customer base.
- Community Involvement: Isabella gave back to her community by participating in local events, charity fundraisers, and initiatives that supported good causes.
Isabella Dymalovski’s entrepreneurial journey with Lickety Pops demonstrates how a young entrepreneur can turn a passion into a successful business by conducting research, developing unique products, and working diligently to meet customer demands. Her story serves as an inspiration to other young aspiring business owners.
Noah and Gabriel Olsen:
These brothers founded Two Bros Bows, one of the best businesses for Teens Company that sells handcrafted wooden bows and arrows, when they were just 8 and 10 years old. They have attracted attention for their creativity.
- Interest in Archery: Noah and Gabriel developed a keen interest in archery at a young age. They enjoyed practicing archery and shooting bows and arrows.
- Idea for a Business: The brothers recognized an opportunity to turn their passion for archery into a business. They saw a niche market for handmade wooden bows and arrows.
- Product Development: Noah and Gabriel started crafting their own bows and arrows by hand. They put a lot of effort into designing and creating high-quality, safe, and functional archery equipment.
- Testing and Improving: They continually tested their products to ensure they were safe and effective for users. Any feedback they received was used to make improvements.
- Initial Sales: The brothers began selling their handcrafted bows and arrows at local events, craft fairs, and through their online store. Their unique and handmade products gained attention from customers.
- Positive Response: Customers appreciated the craftsmanship and uniqueness of Two Bros Bows products. Positive word-of-mouth and repeat customers helped build their reputation.
- Online Presence: They established a strong online presence through their website and social media channels, which allowed them to reach a broader audience beyond their local area.
- Expanding Product Line: Over time, Noah and Gabriel expanded their product line to include different bow designs, arrow types, and accessories related to archery.
- Recognition and Media Coverage: Their story gained media attention, and they were featured in news articles, television segments, and online publications, which further boosted their business.
- Community Involvement: The brothers actively participated in archery-related events and workshops, building a supportive community around their brand.
- Partnerships: They explored partnerships and collaborations with other businesses and organizations to expand their reach and product offerings.
- Earning Revenue: Through sales of their handcrafted bows and arrows, as well as related accessories, Noah and Gabriel Olsen earned money and generated revenue for their business.
The success of Two Bros Bows demonstrates how young entrepreneurs can turn their hobbies and passions into profitable businesses by creating unique, quality products and effectively marketing them to their target audience. Their entrepreneurial journey serves as an inspiring example for other young individuals interested in starting their own businesses.
Henry, also known as the “Not Before Tea” kid, started a children’s brand called Not Before Tea when he was just 9 years old. His teens company brand offers a range of products from books to toys.
: Known as Detroit’s youngest entrepreneur, Asia started selling candles at the age of 5. She and her father run Super Business Girl, a company that sells candles and provides entrepreneurial education.
Haile is a youth health activist who founded the HAPPY (Healthy, Active, Positive, Purposeful, Youth) organization when she was 12 years old. She educates young people about nutrition and wellness.
Cory, known as “Mr. Cory,” started Mr. Cory’s Cookies when he was just 6 years old. His cookies gained popularity, and he has expanded into other ventures, including a partnership with Shark Tank’s Barbara Corcoran.
Ryan started Ryan’s Recycling at the age of 3. He collects recyclables from neighbors and local businesses and has already recycled over a million cans and bottles.
These young entrepreneur ideas for teens entrepreneurs serve as inspiring examples of what kids can achieve with creativity, determination, and support from their families and communities. Their stories highlight the potential for young people to make a positive impact through entrepreneurship.
Frequently Asked Questions (FAQ) for Young Entrepreneurs
What is entrepreneurship, and who is a young entrepreneur?
Entrepreneurship is the process of starting and running a business with the aim of creating value, often through innovation and taking calculated risks. A young entrepreneur is a person, typically a young adult or teenager, who starts and operates a business.
Can kids or teenagers really become entrepreneurs?
Absolutely! Age is not a barrier to entrepreneurship. With determination, creativity, and support, young people can launch and run successful ventures.
What are some business ideas suitable for young entrepreneurs?
Business ideas for young entrepreneurs can range from selling handmade crafts, offering tutoring services, starting a blog or YouTube channel, and creating digital products, to name a few. The choice depends on interests and skills.
How can young entrepreneurs come up with a business idea?
Start by identifying your passions, interests, and skills. Think about problems you’d like to solve or needs you’d like to address in your community or online.
Do I need a lot of money to start a business as a young entrepreneur?
Not necessarily. Many businesses can be started with minimal investment, especially online businesses. You can often begin with your savings or by reinvesting the money you earn.
How can I fund my business if I don’t have much money?
Consider bootstrapping (self-funding), seeking support from family and friends, exploring crowdfunding platforms, or applying for grants and competitions designed for young entrepreneurs.
Is it important to have a business plan?
Yes, a business plan is essential. It helps you outline your business goals, strategies, target audience, financial projections, and more. It’s a roadmap for your business’s success.
What skills are crucial for young entrepreneurs?
Skills such as creativity, problem-solving, communication, time management, financial literacy, and adaptability are important. Networking and marketing skills are also valuable.
How can young entrepreneurs manage school or other commitments alongside their businesses?
Time management and prioritization are keys. Seek support from parents or mentors to help you manage your responsibilities.
What are some common challenges faced by young entrepreneurs, and how can they overcome them?
Common challenges include limited experience, lack of resources, and skepticism from others. Young entrepreneurs can overcome these challenges by seeking mentorship, continuous learning, and staying persistent.
Are there any resources or organizations that support young entrepreneurs?
Yes, many organizations, both local and global, offer resources, mentorship, and funding opportunities for young entrepreneurs. Research and connect with these organizations to access valuable support.
How can I market my business as a young entrepreneur?
Utilize social media, create a website, and build an online presence. Learn about digital marketing techniques and consider collaborating with influencers or local community events for exposure.
Why should you be a young entrepreneur?
Being a young entrepreneur allows you to develop valuable skills, gain independence, and potentially create financial opportunities. It can also be personally fulfilling to pursue your passions.
How can I stay motivated and overcome setbacks in my business?
Surround yourself with a supportive network, set achievable goals, and remember that setbacks are part of the entrepreneurial journey. Learn from failures and keep pushing forward.