This 14 Year Old CEO Turned Down A $30 Million Offer For His Company

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The kid you see above you is 14 year old Taylor Rosenthal who is already a more successful business owner than you.

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Taylor’s company is called Recmed and it’s essenitally a vending machine that distributes first aid supplies instead of snacks or drinks. Taylor came up with the idea after he noticed that it was pretty difficult to get any first aid – even a plaster – at baseball tournaments that he was attending.

After attempting to sell first aid supplies at one of these baseball tournaments, Taylor realised that it wouldn’t be cost efficient to pay someone to sit around all day to make one or two sales and so came up with the vending machine idea. He reasons that they’ll be useful for both sporting events like baseball tournaments and theme parks – places where first aid is not traditionally readily available.

It seems like Taylor isn’t the only person who thinks this either. He’s already raised $100,000 for the startup and allegedly turned down a $30 million offer to buy it.

Not bad for a 14 year old eh? What the hell have you been doing with your life?

Here’s a short profile of his journey so far:

Yeah again, it really makes you wonder what the hell you’ve been doing with your life doesn’t it, if this little dork can develop a completely sick business idea whilst he’s still at school and then completely smash it out of the ball park. Fair play little dude.

Taylor unveiled his invention at TechCrunch Disrupt NY this week, being told he was the youngest person that had ever exhibited at the event. Not bad. Expect him to become a millionaire before you struggle to pay your next rent bill.

For more children who are better than you, check out the story of the teenage Wolf Of Wall Street.

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