Children are naturally creative, but some young entrepreneurs have capitalised on their ideas by creating huge businesses from scratch. Their innovative companies include a travel website for children, a homemade lemonade company and a lifestyle brand. These businesses were set up by children as young as four years old and have revenues of us to $11 million!

Here are the profiles of 5 young, business-minded entrepreneurs and their companies from across Britain and America. The stories of these young CEOs show how their businesses began and grew from ideas to international companies.

Their companies started while they were living with their parents and attended full-time education. These children’s stories will leave you inspired.

The Successes of the Youngest Entrepreneurs:

1. Mikaila Ulmer

Mikaila was born in 2005 and is the youngest entrepreneur discussed here. She launched her product at just four-years-old.

When she was little, she was stung by a bee and gained a fascination for the insects. She had the bright idea of adding honey to her Great Granny’s delicious flaxseed lemonade recipe and entered this into a children’s business competition. It was an instant success. Here, her company ‘Me & The Bees Lemonade’ was born.

She began to sell her lemonade at youth entrepreneurial events and at a local pizza shop. However, by the age of 11, her company had expanded and she went on to make an $11 million deal with Whole Foods.

She donates 10% of her profits to Texas Beekeepers Associations, with her slogan ‘Buy a Bottle… Save a Bee’ echoing this mantra.

As the company grows she is determined to keep her social mission strong.

2. Jenk Oz

At the age of 13, Jenk is the youngest CEO in Britain. He created his enterprise iCoolKid at a show and tell session when he was a tech-savvy eight-year-old. The idea came to life three years later.

iCoolKid is a website that covers everything from art to tech, to science and is aimed at children aged 8-15 years old. Its slogan states the site is ‘home for all things innovative and cool for young people’.

He stated the inspiration was to create a space for “a new generation of kids that are super curious and really passionate about their favourite interests and hobbies no matter how weird and wonderful”.

Jenk has managed to maintain this digital media platform, which now has a revenue worth $63,265, alongside full-time education. He is also an actor and musician in his spare and has appeared in West End theatre productions.

3. Cory Nieves

Cory founded Mr. Cory’s Cookies when he was six-years-old. He decided to combine his love of sweet treats with his entrepreneurial spirit to help his mum buy a car and sold hot chocolate on the streets of New Jersey. Once he fulfilled this mission and grew a customer base, he also began to sell lemonade and cookies.

Cory’s famous natural chocolate chip cookies are made from high-quality ingredients. He has since expanded his variety of cookies to Double Dark, Oatmeal Raisin, and Sugar.

Now aged 14, his cookies have landed him collaborations with huge department stores including Bloomingdales, Macy’s, Viacom and Whole Foods. In 2017, Marcus Lemonis invested $100,000 into the company when Cory featured on The Profit.

4. Henry Patterson

Henry’s brand grew from a story he wrote in 2014 when he was just 10 years old. The book, ‘The Adventures of Sherb and Pip’ sold thousands of copies. Due to this success, Henry brought out ‘Not Before Tea’, a British children’s lifestyle brand.

This collection is filled with beautiful illustrations based on the book including Vera Vole, Sherb the Owl and Billy the Cat, drawn by the artist Becky Down. The items available online include wall stickers, framed prints, soft toys, bags and cards for every occasion.

He now has revenue of $82,244 and has been featured in Forbes, named ‘One to Watch’ by The Independent and was the youngest person ever to be on CNBC’s breakfast business show Squawk Box. Last year he released a book aimed at young entrepreneurs called ‘Young and Mighty’.

5. Bella Tipping

Growing up, Bella felt like she was treated as an afterthought while on holiday. By the time she was 12, she was tired of boring activities and food while on holiday and decided to create a site that allowed children to rate their holidays. This led to the launch of Kidzcationz, a travel website for children.

Here, you can find a collection of reviews for hotels, restaurants, and attractions based on their child-friendly food, accommodation, and entertainment options. This gives children to voice their opinions on the holidays and reveal whether destinations offer more than soggy chicken nuggets and creaky fold-out beds.

She has since received $80,000 in investments.

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