Brilliant Ideas by Young Entrepreneurs!

IntoTheLight Level 1

July 23, 2016, 1:53 pm

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Brilliant Ideas by Young Entrepreneurs!

One of many young entrepreneurs is Taylor Rosentha , he is 14 years old and he has invented first aid vending machine. It's a simple machine where you can buy different aid kit products. Over the time he received $45 million offer to sell his idea, but it seems that was not enough so he rejected it.

Check video below for more information...

What do you think of those young entrepreneurs?
Do you think that idea worth more than $45 million?
We all have ideas, what's the key to make them reality?

Let's Discuss...

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Cristian

Cristian

As long as they are original, there really is no age restriction to be an entrepreneur, if you have a brilliant idea, go for it.
I must say, at 14 he is a little be young, though I'm sure the idea is his, he surely had help from adults putting into practice. This shows once again kids can have fantastic ideas and vision.

Do think this idea worths more than $45 million? Well no. Somehow I feel that the real "supply and demand" is somehow limited.

Guess if you want to put your ideas it to practice you have to pitch them to the right people. Your idea also need to be very good, like this young man here had.

8 years ago

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EliteWriter

EliteWriter

I agree with you - great ideas come to great minds, regardless of the age. Even though generally it takes more mature people to come up with truly groundbreaking ideas, there are several teens who have managed to surprise everyone and become rich from a very early age. I think that there should be a subject dedicated to make kids think more profoundly and practically. Something about creativity and innovation. We had a course like that but only at University level, and I think it should be available from a very early age to encourage kids get more creative.

8 years ago

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MasterA

MasterA

Anyone can be a successful entrepreneur. There are many people who are successful entrepreneurs who don’t have degrees and age definitely doesn’t stop someone from creating a successful business. I think the idea is good and if someone offered them $45 million for it, then it is probably worth it as they probably did analyse the project in detail before putting in the offer. In my opinion, I think it isn’t worth that much but obviously, I have nothing to back up my view. I think the key to making ideas real is to test and try them out in the real world.

8 years ago

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CryptoGuru

CryptoGuru

yea i agree master a any one can be a successful entrepreneur it does not take a rocket scientist, and many people who do not have a college do find ways to become successful you cant really doubt some one just cause of age now and days, every one is full of surprises you know i can agree if the kids got an offer for 30 million he obviously was doing something right , now him rejecting the offer i dont think was a smart move cause lets say some thing like this could end up a flop, he could of came up in a big way ,

8 years ago

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MasterA

MasterA

I agree with you. If it was me, I would sell it for $45 million. However, there may be other reasons for why he didn’t sell it. For example, he may want to expand his business so he can sell it for more or he thinks that his business is worth more than $45 million. Since he was the founder of the business, maybe he can see more potential in it. It is risky but in life, risks give you a chance of a higher return.

It is good to see so many new young entrepreneurs and this encourages me to take risks and experiment new ideas.

8 years ago

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EliteWriter

EliteWriter

If I were the parent of that kid I would have encouraged him to sell for that amount of money. It would be a great start to finance his future career. I guess they had other ideas for the future, maybe some additions to the original idea who knows? Or maybe expected a bigger sum and hoped that someone else might be able to place a higher offer. I don't know, but it seems high enough for me lol!

8 years ago

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CryptoGuru

CryptoGuru

30 million huh, that is pretty amazing for a 14 year old, truthfully some thing you would only see once in a life time, but some thing tells me it was not worth 30 mill vending machines for medical use makes sense, of course to be able to get the help you need or take care of slowing the bleeding down while you wait for paramedics would be great but what about the people who rob and scam vending machines let alone medical supplies i think depending what is inside the machine will decide how safe it would be to have a medical vending machine in public or not

8 years ago

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Cristian

Cristian

The idea itself can't be worth that much. May the vending machine and the actual development and the company as a whole worth 30 million.

8 years ago

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CryptoGuru

CryptoGuru

it all depends on who would of bought this,i dont think he fully knows the possibilities how could he, he is only 14

8 years ago

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anwebservices

anwebservices

Well i persoanlly think that it was not his own decision, someone else probably standing behind that decision too. Even for grown up entrepreneur it sounds very lucrative offer. So there is probably bigger picture behind scenes and it could expand in future, but yet i would personally take the money now and develop another idea, then wait to turn over 30mil. in few years...

8 years ago

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Lynne

Lynne

What a cool idea! There are still so many awesome things that people can come up with, really anyone can be an entrepreneur if they want to and put their mind to it. Perhaps not quite as successful at such a young age sure, but there is always possibility.

I think first aid vending machines is a lovely idea. I know that my kids are always wanting a plaster (especially the princess ones lol) when we are out and about and I don't usually have one on me!

8 years ago

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Barida

Barida

I must say that I've been humbled by what this 14-year-old great entrepreneur said about ideas and how to execute them as someone working on achieving their goals. This has got to show that it is not all about going to school and acquiring degrees for one can make it without doing all those things.

7 years ago

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Corzhens

Corzhens

That is the beauty of the internet. It is universal in nature that anyone can do what he wants regarding business and other activities. That genius of a young businessman is proof that it’s not appropriate to put an age limit in the internet. I am referring to Facebook that has a policy of prohibiting minors from creating an account. And although that rule is not followed strictly, it is better to remove it and give the young people the opportunity to show what they’ve got in them.

7 years ago

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