Kids today are sharp, inspiring and lap up upcoming technologies. We can learn a lot from them. The focus of this blog post is on such kids that have been successful in making money online. Some of them even earn more than their parents. As these kids build a new and popular custom eCommerce websites, they in the course of their success inspire us adults and give us a host of advice on how to do business online. Read on to know more about the amazing stories of these kids.
Miss O and Friends
Miss O and Friends is a social networking website targeting tween girls. It was founded by Juliette Brindak when she was just 10. This network guides girls who are going through that complicated and crucial phase of life when boys enter their life, groups start to form and bullying is a possibility. Miss O and Friends was started not only to give girls a place to hand out and share their take on life, but also focusses on celebrity gossip, quizzes and games. Miss O and Friends has also launched its line of books and is valued currently over 15 million dollars.
As per Juliette Brindak, your business plan shouldn’t be set in stone. The goal of the site was to let young girls build their self-esteem and confidence. Juliette is keen on finding new ways to engage girls, to generate more revenue and new outlets for Miss O and Friends.
Michael Dunlop battled a number of odds before he tasted success. Imagine that you are 16, dyslexic and dropping out of high school while still living at home with your parents. Yet Michael at that difficult stage of life decide to become a blogger, and founded IncomeDairy.com. As per Michael, his business plan comes straight off the top of his head, and he considered his life as an entrepreneur to be bit of a roller-coaster. Michael advices people just to their own thing, things may go wrong, but don’t worry and just look ahead positively. He also advises that one should not spend money one doesn’t have, save enough for a rainy day and make sure that you pay your taxes.
When Maddie Robinson was 8 years old, she drew a picture of pair of flip flops and added sea characters to them. She liked what she drew and introduced the picture to her dad as Fishflops. Her dad being a veteran of apparel industry, registered the domain Fishflops.com.
A few years later, Maddie Robinson wrote to upscale retailer Nordstrom, introducing them to her product and they accepted. Her product was featured in Nordstrom. Nordstrom quickly sold out of their first order, and Maddie’s story spread far and wide, appearing on multiple TV and new outlets. In 2013, more than $1million in Fishflops were sold and the brand is now expanding to include t-shirts and books written by Maddie herself.
As per Maddie, she has polished her public speaking skills thanks to explaining her products at industry expos and making presentations to difficult department store buyers. What lesson does Maddie teaches us? Listen to your kids, they may have million dollar ideas hidden in them.
Farr Out Foods
Farrah Gray become a millionaire when he was just 14. He is also the youngest person to have a Wall Street office. He started his business at six, selling body lotion, but once he reached teens, Farrah took a different turn altogether.
He founded specialty food company Farr Out Foods at the age of 13, and later sold the company for 1.5 million dollars. Farrah has a great deal of advice to offer business owners. He says, , “I have always believed, and put into action, my faith that we carve our own statue. We write the lyrics of our own song, and we paint our own picture based on our innate talents. We are our own Picassos, painting our lives, stroke by stroke, decision by decision. And I can’t say it enough: never underestimate the power of your reputation… and never forget that someone is always watching you.”