12 Outstanding Entrepreneurs under 18 Years Old
While some teens are setting off for college, others are busy learning invaluable knowledge that would make them millionaires before they could even legally drink! It makes sense, after all—why simply learn how to drive your first car when you can buy one? Here are just a few examples of amazing teen entrepreneurs who took their ideas and made them profitable.
- Nick D’Aloisio
At the age of 17, Nick taught himself the Objective-C coding language with the specific goal of building apps. He made £79 in one day with his first app—and this initial success led to the creation of Summly, a news summarization app which he later sold to Yahoo for a cool $30 million. His most recent app, the Yahoo News Digest, is being developed for the Apple Watch.
- Madison Robinson
At the age of 15, Madison created Fish Flops, a line of light-up flip-flops for children. In just two years since the company’s official launch, over 60,000 pairs have been sold, making for retail sales of at least $1.2 million. She has since created custom designs for retail stores all over the United States, and has been asked by Macy’s to create a custom women’s flip-flop line.
- Lily Sandler
16 year-old Lily co-founded BLAMtastic lip balm with her mother and younger sister. Lily and her mom and sister started researching lip treatments already on the market, using their kitchen stove to create all-natural lip balms in fun flavors, while providing SPF and being free of petroleum and parabens. By 2013, BLAMtastic had become a multimillion dollar company, and is available in major retailers such as Walmart.
- Taylor Dow
At 14, Taylor founded BodyTea, a weight-loss tea blend which contains organic and natural ingredients including chrysanthemum and jasmine flowers. BodyTea claims to help people lose weight by cutting down water retention, suppressing appetite and improving digestion. Now 17, Taylor earns more than $10,000 a week in BodyTea sales, and is hiring his first set of staff to move the product from online sales to physical store shelves.
- Warren Cassell, Jr.
Just 15, Warren is the founder and president of ZapSocial and Chupz.co, sites which help businesses enhance their online presence or encourage authors to publish and market their work online. He has started up over 20 websites for external clients, which is no surprise—he launched his first business, Emerald Greeting Cards, when he was only 8.
- Jason Li
In his sophomore year in high school, Jason founded iReTron, a business which buys back used electronics for a cash value, and then re-furbishes and re-sells or recycles the products. His business idea was so successful that he was invited to be a TEDxTeen speaker and won $4000 in the VerticalResponse “Next Teen Tycoon” video contest—he even raised an additional $100,000 through investments for his venture in the show “Shark Tank”.
- Moziah Bridges
Only 13 years old, Moziah is the CEO of Mo’s Bows, a neckwear business he started when he was only 9. Moziah’s business is now clearing in six figures easily, and is growing so steadily that he predicts he will make his first million before he’s even 17. By the time he appeared on “Shark Tank”, he had already sold 2,000 bow ties and made $55,000. He’s recently signed a licensing and partnership deal with Cole Haan, and his bows are available in Neiman Marcus.
- Bella Weems
When she was 14, Bella Weems started Origami Owl, a customizable jewelry business that started out selling through presentations at boutiques and gradually her own kiosk at the local mall. Origami Owl is now so successful that it employs over 300 jewelry designers, and it has inspired her to start Owlette, which gives business training and life-skills advice for children and their parents.
- Carter Kostler
When he was only 16, Carter appeared on “Shark Tank” to pitch his product, the Define Bottle—a container which allows for portable fruit infusion of water and provides a healthy alternative to soda and other sugary beverages. The Define Bottle was chosen as one of Entrepreneur Magazine’s Most Brilliant Companies in 2013, and is selling out in popular major retailers such as Whole Foods.
- Katelyn Lohr
Katelyn started Freetoes when she was 8 with only several pairs of socks and scissors. She has since expanded this toeless sock business to providing the product for spas and salons, and is a popular buy in Toys “R” Us and BC Ferries. Now 14, Freetoes are so in demand that she has had to expand manufacturing in China.
- Gabrielle Jordan
Gabrielle started “Jewelz of Jordan” when she was only 9, selling handmade and selected limited edition pieces. In 2012 alone, Gabrielle made $13,000 in revenue. She is also an accomplished public speaker and is the co-founder of the ExCEL Youth Mentoring Institute, helping other young entrepreneurs successfully create and launch businesses.
- Ed Hardy
At 17, Ed co-founded Edge with his 16 year-old friend Kit Logan. Edge is considered the “ultimate skiing app”, which tracks performance along routes using GPS and allows users to challenge friends. Though in the pre-revenue stage, Ed envisions Edge’s expansion to other sports, and has garned the attention of Frank Meehan—the same venture capitalist who backed Nick D’Aloisio.