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Want to build a successful business organisation? You might want to outset thinking similar a teenager. For our September issue, we talked to 16 immature people who are edifice fast-growing, innovative businesses -- some of which are already bringing in millions of dollars in revenue. From bath bombs to life-irresolute healthcare, these teen-founded companies are leaving their marks on their respective industries. The one thing they accept in common: smart, fearless thinking.

Caroline Bercaw, 17, and Isabel Bercaw, 18

Cofounders and co–chief creative officers, Da Bomb Bath

In 2012, Caroline and Isabel Bercaw were, like many 11- and 12-year-old girls, obsessed with bathroom bombs. They experimented with their own recipes for the fizzy, fragrant balls, calculation a surprise in the center, like a small toy. They tried selling a few at a local fine art fair in Minneapolis -- and realized they had an instant hit.

By 2015, their product was in 30 local shops, and post-obit a successful trip to Atlanta for an international trade bear witness in 2016, they had placement in stores across the country. "We were making 20,000 bath bombs a month, in our basement," Isabel says.

Then Target called, and everything changed. "They wanted united states in i,800 stores," Isabel says. "We knew nosotros had to get our human action together quickly." Their mom stepped in every bit CEO, while the sisters focused on production development and marketing. Production and storage moved to a nearby warehouse. The girls enrolled in their schoolhouse'southward On the Task programme, which let them use a sure amount of school fourth dimension as work time.

"Our friends and school have been really supportive," Caroline says. "Some people who don't know us will come to the states and exist like, 'Hey, you lot're the bath flop girls; how much money do y'all make?' I'd rather accept them enquire most what nosotros do dat to day, or what it's like to sell a product. They don't empathize the work we've put into this. It'due south not about money."

Today, Da Bomb remains self-funded and generates more than $20 million in almanac revenue. Information technology'due south big business -- just it'south too a family business concern.

"We talk virtually bath bombs 24/7," says Isabel, who's starting freshman twelvemonth at a local college only 20 minutes from Da Bomb's warehouse. "Sometimes we'll exist out to dinner and say, 'We simply need to be a family for 20 minutes.' Just it'southward brought us closer. We always have each other's backs."

Well, nigh always. "I've been fired 5 times," jokes CEO and mom Kim.

"Merely when you ground me," Isabel replies.

Cory Nieves, xv

Founder and CEO, Mr. Cory's Cookies

At 6, Cory Nieves had an ambitious plan: Sell hot chocolate in his Englewood, Northward.J., neighborhood, and save enough coin to buy his mom a motorcar. "I was tired of taking the bus," he says. "And I wanted to help my mom."

Nieves sold Swiss Miss for $1 a cup. When he sensed an opportunity for more substantial treats, he started searching online for the perfect cookie recipe. After three months of blistering with his mom, Nieves bit into what he thought was the perfect chocolate chip cookie. The recipe was a hitting. "That's when nosotros knew nosotros had a business -- when people started taking our cookies seriously," says Nieves.

He and his mom began taking cookies to local races and festivals, where Nieves would pitch potential customers with irrefutable lines like "Life's too short to not consume a cookie!"

Business organization (and local press) grew consistently, and in 2015, Nieves was invited to appear on The Ellen DeGeneres Show --and the response was overwhelming. More orders came in than Nieves and his mom could perchance fill. "It caused a huge supply-and-need consequence," he says. To scale, they sought outside investment and hit Television receiver gilt again: An advent on CNBC's The Profit earned Mr. Cory's Cookies a $100,000 cash infusion. An e-commerce site was launched, "cookie helpers" were hired, and product started shipping across the country.

Today, the visitor offers 14 flavors, and Nieves has high hopes for expansion -- and for his own time to come. "When I go older and terminate higher, I want to go out Mr. Cory's Cookies for a little bit," he says. "I'll starting time somewhere at the bottom and work my manner up." He'south done it in one case -- no reason he tin't do it again.

Sanil Chawla, xix

Founder and executive director, Hack+

When Sanil Chawla was a sophomore in high schoolhouse, he wanted to launch a web development startup as a way to monetize his hobby. "Simply there'due south just so much cherry-red record for young founders," he says. "I was under 18, so I couldn't file legal paperwork or go a bank account on my own."

He started researching ways to lower the barrier to entrepreneurship, and zeroed in on fiscal sponsorship, a common practice in which nonprofits extend their legal status and dorsum-end support to small projects with a similar mission.

Related: This Young Entrepreneur, Who Has Raised $6 Million, Is on a Mission to Kick Carbohydrate Out of Candy

"I developed software to automate all the paperwork and basically made a really scalable version of fiscal sponsorship," says Chawla, now nineteen and a sophomore at the University of Southern California. In 2017, Hack+ was born as a nonprofit that provides free financial sponsorship to student-founded charitable organizations. Companies similar Google, Microsoft, and Amazon accept provided support and B2B resources.

Chawla and his squad of 12 accept helped 926 students launch their organizations, raising more than $1 million in support. This fall, in partnership with Stripe Atlas, Hack+ will launch a version of the platform focused on supporting for-profit startups.

"If nosotros tin manage all the legal and fiscal stuff for these young founders, they can focus on their mission, their goals," he says. "It will open the door to and so much touch on."

R.J. Duarte, 19

Founder, GreenWorx Landscaping

Final year, R.J. Duarte was accepted to Colorado State University. He didn't go.

"Higher wasn't for me," he says. That's because at the fourth dimension, his landscaping business organisation was pulling in six figures in annual revenue. "I figured I should stick with this."

Duarte began cutting grass in Golden, Colo., at age 8. Thanks to his tireless piece of work ethic, his income tripled every twelvemonth, and in centre school, he partnered with a friend to hit more lawns. In high school, they named the company GreenWorx. When the friend left the business organization for college, Duarte took the reins, and he spotted a chance for growth.

Duarte dropped GreenWorx's small clients and rebranded as a premium landscaping-and-maintenance company. "Information technology's college margins for more gamble," he says. "That comes with headaches, simply without headaches, there'south no reward."

His instincts were right. GreenWorx at present operates with four trucks and a tiptop-season crew of 12 to 15 people -- mostly high school students. "People ever ask me, 'How'due south higher going, R.J.?'" he says. "That's the fashion guild is: They want to hear about your caste, not your company."

But he knows he made the correct decision. This year, GreenWorx has revenues creeping toward $750,000. "We're hardworking, blue-collar people," Duarte says of himself and his staff. "There'due south nothing wrong with that."

Kenan Pala, fifteen

Founder, Kids4Community

Kenan Pala has always wanted to help. Growing up in San Diego, he would eagerly donate his fourth dimension to soup kitchens and embankment cleanups -- simply was surprised to find himself shut out of a number of causes he wanted to support. "In that location are a lot of nonprofits doing cracking things in San Diego, but many don't allow kids under the age of xviii to volunteer," says Pala.

And so in 2017, determined to make sure that any kid who wanted to volunteer could volunteer, he founded the nonprofit organization Kids4Community. "All our events are open to anybody of any age," says Pala. "If you accept the passion, you can come."

Through corporate donations, grants, and charitable events, Pala has raised $i million to benefit local homelessness causes, while also engaging kids to assist out with 5K runs, dinner services, and haversack drives. And when Pala eventually enrolls in college, he hopes to enlist the help of one more youngster -- his 10-year-old blood brother, Arden.

"I would like to mitt off the organisation to my blood brother, who is also very passionate near volunteering," he says. "When I graduate high schoolhouse, he'll be a little older than I was when I started."

Maya Penn, 19

Founder and CEO, Maya's Ideas

At the historic period of 8, when Maya Penn told her mom she wanted to build a sustainable fashion collection, she got a response that would serve her well throughout her entrepreneurial journey: "Figure out how to do that and what you need to accomplish that goal."

She used old clothing found in her home to create headbands and scarves, and at age 10, taught herself HTML and built a website to sell her appurtenances. Today her Atlanta-based fashion line, Maya's Ideas, has x employees, and customers around the world. "That showtime sale was so crazy to me, and still is," Penn says. "It'southward an award when people like what yous create. It keeps me moving forward."

Penn is now 19, and she has spent the by eleven years nurturing plenty of other passions. She launched a nonprofit, Maya's Ideas four the Planet, which distributes eco-friendly sanitary products to women in developing countries. In 2016, she created an animated digital short that was presented to Congress as part of an effort to get a national women's history museum congenital in Washington, D.C. ("They have museums for stamps but not women," she says.) She has since launched an animation studio, given iii TED Talks, been celebrated by Oprah, and is at present working on a second book. Her first covered young entrepreneurship.

Penn's businesses and speaking engagements have earned her a million dollars over the years, and she has raised more than than $500,000 from angel investors. And though all her projects are near creating change for others, she has learned that it's skilful to put yourself first.

"I'm always pushing myself to practise more, merely that tin can take a lot out of you, especially when you lot're still trying to effigy out who you lot are," she says. "You have to find ways to calm yourself. Take a walk. Read a book. Stay grounded. Taking care of yourself makes you a meliorate entrepreneur."

Brandon Martinez, 13, and Sebastian Martinez, 11

Managing director of sales, and CEO and caput designer, Are Yous Kidding Socks

"We always take disagreements," says Sebastian Martinez, CEO of Are Y'all Kidding Socks, a Miami-based business organisation he founded with his older blood brother, Brandon. "We contend nearly whether we should make this sock or that sock. And the compromise is: Make both socks!"

The company was born five years ago out of Sebastian's obsession with patterned socks. He started designing his own and, with the help of their mom, lined up a manufacturer. Brandon stepped in as manager of sales. "I just have a thing for talking to people," he says.

Despite their disagreements, their complementary skill sets make them slap-up business partners. "Nosotros're like a puzzle," says Brandon. They've built a company that's sold most $1 million worth of socks, moved offices to accommodate growth, appeared on Expert Morn America, and introduced Charity Socks, a collection that gives a portion of sales back to charitable partners. Just they've learned tough lessons forth the way.

"We trusted some charitable partners who didn't really exercise what they said they would," says Brandon. "So: contracts! That'southward what we learned. Always have contracts."

Side by side upwardly, they're looking for retail partners and exploring expansion. "We want to brand T-shirts, hats, shoes," Brandon says. "Socks and shoes are like peanut butter and jelly. And if yous don't article of clothing them, you're weird."

Langston Whitlock, 17

Cofounder and CIO, SafeTrip

Information technology sounds similar the windup to a punchline: a techy teen and an opera singer walk into a community outreach event and…stumble upon a one thousand thousand-dollar app idea. But that's what happened when Langston Whitlock and Ja'Nese Jean -- who met years prior working at these kinds of local gatherings -- learned of a problem facing their community.

"A homeless veteran told us that [people across Atlanta] don't accept transportation to go to medical appointments," says Whitlock, a longtime coder. "Ja'Nese turned to me and said, 'Tin can you make an app for that?' "

Related: She Was Told 'No' 100 Times. Now This 31-Year-Old Female Founder Runs a $one Billion Business.

In 2018, they launched SafeTrip, a ride-sharing app geared to the homeless and elderly that lets patients, caretakers, and healthcare providers book medical transportation; it accepts various forms of insurance. The company has raised $ii million, with
$3.4 million in revenue last year.

With Jean as CEO, Whitlock serves every bit CIO, overseeing a team of x -- all older than he is, of grade. "Nosotros have a dandy bond," he says. "They honey me cause I'thou a kid, I guess."

That youthful perspective has proven valuable, similar when Whitlock told his squad that enough of teens today learn defensive driving and CPR. The company created a feeder programme, in which high school seniors train to become SafeTrip drivers after graduation.

As for Whitlock, who works at SafeTrip full-time however will nonetheless graduate in 2020, his plans are singular for now. "My mom has worked since I was little, and my goal is for her to take her ultimate happiness," he says. "So whatever information technology takes, that'southward what I'm gonna exercise."

Erin Smith, nineteen

Founder, FacePrint

Iii years ago, Erin Smith was watching a video of Michael J. Fox and fabricated an observation that she couldn't finish thinking most. "Whenever a Parkinson's patient would express mirth or smiling, it came off as really emotionally distant," she says. The Lenexa, Kansas, teen reached out to clinicians and caregivers, and she learned that they'd noticed similar facial expressions in some of their patients -- often years before an official Parkinson's diagnosis would eventually be fabricated.

Smith -- a longtime science enthusiast who grew up conducting experiments in her kitchen -- got to work building a diagnostic system called FacePrint, a super-smart selfie that captures changes in facial expressions over time to detect disorders like Parkinson'due south. Until at present, diagnoses take been subjective; Smith hopes FacePrint will get an objective tool to diagnose and monitor the disease.

FacePrint'south algorithm has an 88 percent accuracy charge per unit (the standard is 81.6 percent), and she'due south received support and funding from the Michael J. Pull a fast one on Foundation and pharmaceutical companies. The technology is currently undergoing a clinical trial at Stanford University, where she is enrolled simply on leave while she completes her research, funded by a Thiel Fellowship.

"I actually want to optimize for my personal learning," she says, "likewise equally for the best way I can help shape and build the future of neurological and mental healthcare."

Riya Karumanchi, sixteen

Founder and CEO, SmartCane

When Riya Karumanchi saw her friend's visually impaired grandmother struggling to move around her own home, she knew there had to exist a better way. The white cane -- that simple tool that helps the blind identify obstacles -- hadn't really changed in nearly 100 years. "I idea that was insane," says the xvi-twelvemonth-old. "Change in tech wasn't beingness distributed every bit -- non but geographically, simply community-wise."

Karumanchi -- who taught herself to code in the 4th grade and has participated in youth innovation programs in Toronto for years -- talked with the visually impaired community and heard a common refrain: The white cane was great at identifying obstacles on the ground, only users were withal vulnerable to things like errant branches and fallen twigs.

She started building a device dubbed SmartCane, using ultrasonic sensors to identify a broad variety of obstacles and alert the user with vibrations; dissimilar levels of intensity and placement on the cane help indicate but where the obstruction is. A navigation system plots a safe road, while sensors identify other dangers, like wet, slippery sidewalks.

With the help of four part-time employees, Karumanchi has raised $85,000 in funding and in-kind services from companies like Microsoft, Arrow Electronics, and Inertia Engineering. Next up: user testing.

"When you're creating a device for people within the accessibility community, there'southward a saying that goes, 'Nothing for us without us,' " she says. "Input from [the visually impaired] has been so of import every step along the way."

Ideally, SmartCane will hit the market by mid-2020 -- just in time for Karumanchi to finish the 11th grade. And while she's open up to the idea of eventually attending college, her ultimate dream is a fiddling high: become what she calls a "unicorn person."

"Instead of [building] a visitor that has a valuation of a billion dollars, it'due south the person that tin can affect a billion people," she explains. "It'southward aggressive, merely that's my goal."

Femi Adebogun, twenty

Cofounder and CEO, ScholarMe

4 years ago, at xvi, Femi Adebogun was building his kickoff startup. He hired five remote employees -- and because he wasn't sure how they'd react to working for a teenager, he just decided to omit that piece of data. "I was actually good at hiding my age," he says. Simply the ruse was up a little while later, when his company won an award and he flew his entire team out for the ceremony. "That's when my employees institute out I was underage."

Related: 5 Priorities for Young Entrepreneurs

Today, Adebogun is no longer inconversable about his age -- or his success. He'south on to his third company, ScholarMe, a platform that lets kids apply for all sources of college financing through i online gear up of questions. "People are so confused near how to pay for college, and there are 400 students assigned to every ane guidance counselor at most schools," he says. "We tell them how to do it, pace by step."

Since launching in 2018, ScholarMe has racked upwardly more than 40,000 users, but less than $1 million in funding, and an $8 million valuation. Adebogun and his ii cofounders, Caleb Cross and Evan Farrell -- all of whom, ironically, are college dropouts -- are currently in the Y Combinator accelerator in San Francisco, where they're eager to blot some much-needed expertise. "At that place's so much we don't know," he says. "YC is helping u.s. get improve leaders, builders, and salesmen."

Part of that is figuring out how to monetize ScholarMe. "We do non want to harvest student information," he says. "Nosotros're building trust with our users, and we're focused on creating long-term relationships. We've tested different ideas, like a ScholarMe debit card, and people are into it. We don't want to help them only pay for higher but too find financial health while they're in that location."

Jack Bonneau, 13

Founder and CEO, Jack's Stands & Marketplaces, and Teen Hustl

Five years agone, Jack Bonneau desperately wanted the LEGO Star Wars Expiry Star, which cost $400 -- fashion more he had in his wallet at the age of eight. Then he set up a lemonade stand at his local farmers' marketplace. "In 12 weeks, I made $900 in profit," he says. "I never knew anything like that was possible."

He wanted to make it possible for other kids, too, and launched a i-stop destination for children's commerce: For a $15 fee, Jack and his dad will assist kids in the Denver/Boulder area ready a branded Jack's Stands & Marketplaces stand up. They spend thirty minutes helping to go the operation running for the solar day so bank check back several hours later to review a P&L statement. Over four years, hundreds of kids have operated thousands of these stands around the city.

As he starts his freshman year of high school, Bonneau is transitioning Jack's Stands to a nonprofit organization; that way, information technology tin partner with larger organizations and grow beyond Colorado, he says. He's as well working on his next big idea: Teen Hustl, an app that gives teens access to the gig economy. "My dad told me that dorsum in the 1980s, millions of teens used to have their ain newspaper routes and babysitting businesses," Bonneau says. "I was like, Wow! Now, because of the net, those jobs are being taken by adults. But teens are the most tech-savvy, and so why not plug them in to that?"

Teen Hustl volition operate as a sort of hyper-local DoorDash or Postmates, serviced exclusively by neighborhood teens making deliveries on bikes or scooters within two to three miles of a shop or restaurant. "The big guys focus on serving cities, simply there are 24 million teens beyond America prepare to work these untapped markets," he says. "That's a big opportunity."

Rohit Srinivasan, 19, and Sidharth Srinivasan, 17

Cofounders, Trashbots

Sidharth and Rohit Srinivasan honey solving problems. The brothers oftentimes participate in robotics competitions and have traveled from their home in Austin, Texas, to India to teach STEM courses at orphanages. In 2015, that's where they discovered their most intriguing trouble yet: "The schools didn't take an affordable mode to teach robotics," says Sidharth.

Conventional robotics kits typically require wi-fi and fast computers. They're as well limiting; extra robot parts cost coin, just what if an inventive child wants to experiment? So the Srinivasans launched Trashbots, a kit that allows young people to build bots using cheap supplies like rubber bands, newspaper clips, and ice-pop sticks. "We wanted to encourage kids to meet the globe in terms of tools," says Rohit. "The only matter you're limited by is what you take effectually you and what's inside your brain."

The hardware kit includes motors, lights, speakers, sensors, gears and axles, and some "trash." Information technology costs $100 and comes with lesson plans that span kindergarten through the 12th class. The Srinivasans have shipped units all over the world, helping kids build things similar temperature-controlled fans and soda-tin can whales.

As they ready to fill this schoolhouse twelvemonth'due south demand, they're also thinking nearly how to plough Trashbots into the category leader for promoting STEM. Their plan: Recruit more problem solvers equally they grow. "For every problem that exists, there's ane person who tin solve information technology," says Sidharth. "The question is: How do you find that person?"

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Source: https://www.entrepreneur.com/slideshow/337852