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13-Year-Old Makes $100K Reinventing the Scooter Wheel

smallbusiness.foxbusiness.com

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Re: 13-Year-Old Makes $100K Reinventing the Scooter Wheel

#3
post #2

Very nice. Unfortunately there will be Chinese clones of them on ebay within a year, he needs to grow fast.

If he can establish a strong recognizable brand in the relatively niche scooter industry, the Chinese clones won't hurt his business at all.

Re: 13-Year-Old Makes $100K Reinventing the Scooter Wheel

#7
There's an important point not empathized enough in this article: Supportive Parents

The lack of support from your parents is probably the biggest brake you may have at this age. Fortunately for this kid, thanks to the support of his parents, he managed to succeed in a really short time. Kudos to the entire family.

Re: 13-Year-Old Makes $100K Reinventing the Scooter Wheel

#8
post #7

There's an important point not empathized enough in this article: Supportive Parents The lack of support from your parents is probably the biggest brake you may have at this age. Fortunately for this kid, thanks to the support of his parents, he managed to succeed in a really short time. Kudos to the entire family.

he got 2.000$ from his parents? No idea I had at that age was worth even 20$ ..

Re: 13-Year-Old Makes $100K Reinventing the Scooter Wheel

#9
post #7

There's an important point not empathized enough in this article: Supportive Parents The lack of support from your parents is probably the biggest brake you may have at this age. Fortunately for this kid, thanks to the support of his parents, he managed to succeed in a really short time. Kudos to the entire family.

His parents also had the "lots of money" that allowed him to "replace the wheels every few weeks".

I know that when I was a child, if I had a scooter and the wheels broke, I would never get to own a scooter again. So that's the kind of opportunity I'd have missed out on.

Re: 13-Year-Old Makes $100K Reinventing the Scooter Wheel

#10
post #7

There's an important point not empathized enough in this article: Supportive Parents The lack of support from your parents is probably the biggest brake you may have at this age. Fortunately for this kid, thanks to the support of his parents, he managed to succeed in a really short time. Kudos to the entire family.

Does it say his parents were supportive? It mentions they leant him money, is that what you meant.
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