Children are naturally creative, but these entrepreneurs capitalised on their ideas by creating huge businesses from scratch. Comparethemarket.com has compiled profiles for 13 of the most successful entrepreneurs born in the 2000s. Their companies often started while they were still living with their parents and in full-time education. This study reveals their successes.
Five innovative start-ups:
- Braigo: Created by Shubham Banerjee when he was just 12-years old, this company creates Braille printers to help the visually impaired access expensive technology. His invention uses LEGO and robotics to design a product and sell it at less than half the price of others on the market. Banerjee is the youngest entrepreneur to receive Venture Capital funding.
- Sneaker Don: At only 16-years old, American Benjamin “Kickz” Kapelushnik created a rare trainer reselling website as a hobby. As his business grew, he began to gain celebrity clients including DJ Khaled and Odell Beckham alongside an ever-growing customer list. As he made more contacts, he was able to bulk buy sought-after items. His sales are now worth over $1m.
- Nannies by Noa: While growing up in New York, Noa Mintz discovered a gap in the market for an easy way to locate the best nannies available in the area. She used her first-hand experience of being a child in the city and founded Nannies by Noa when she was just 12-years old. This agency provides services including thorough background screening, workshops for their nannies and ongoing support for their users. Noa now has a net worth of $375,000.
- Mr. Cory’s Cookie: Founded by six-year-old Cory after he sold hot chocolate on the streets of New Jersey to help his mother buy a new car. Now aged 14, Cory is the CEO of Mr. Cory’s Cookies. His delicious all-natural cookies have landed him collaborations with huge department stores including Bloomingdales, Macy’s, Viacom and Whole Foods. Marcus Lemonis invested $100,000 into the company when Cory featured on The Profit in 2017.
- Me & The Bees Lemonade: When Mikaila Ulmer was four-years old, she entered a children’s business competition. Fascinated by bees, she decided to sweeten her Great Granny’s flaxseed lemonade recipe with honey. She began to sell her Me & The Bees Lemonade at youth entrepreneurial events and it was an instant success. At the age of 11, she went on to make an $11m deal with Whole Foods. She donates a percentage of her profits to Texas Beekeepers Associations, hence her slogan ‘Buy a Bottle… Save a Bee’.
To find out about eight more of the world’s youngest business creators, please visit the Self-Made Entrepreneurs Born This Millennium graphic here.