Young Business Owners Win Big

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Imagine winning a lot of money doing something you like. That’s what happened to nine business owners ages 6-21 at last month’s 13th annual Celebration for Young Entrepreneurs.

Imagine winning a lot of money doing something you like. That’s what happened to nine business owners ages 6-21 at last month’s 13th annual Celebration for Young Entrepreneurs. The winner in each age category (6-11, 12-15 and 16-21) received $1,000. Each of the winners gets to work with a professional businessperson, who will help her grow her business.

 

Lexie Ross, age 11, was the winner of the 6-11 age group. Her business, The Bite Sized Bakery, sells custom cake pops. Customers can request a certain type of design that fits the theme of their event. For example, they can order cake pops decorated like ghosts or pumpkins for Halloween. “I like designing the cake pops because it’s fun and creative,” said Ross. She can sell up to 800 cake pops during the holidays.

 

Jasey Chanders, 13, won the award for the 12-15 age group. Jasey’s Little Bakery sells baked goods that are gluten-free, dairy-free, refined sugar-free but, as she says, “not taste-free.” She also sells three flavors of frozen cookie batter so customers can bake the cookies themselves.

Olivea Borden, 16, took the prize for the 16-21 age group. Her business is called Oli-Bo-Bolly Dollies, which gives a free doll to a kid in Nicaragua every time a doll is sold in the United States. She makes the dolls from old clothes and material scraps. To save on shipping costs to Nicaragua and to help women there earn a “dignified wage,” she hired eight Nicaraguan employees to help her make the gift dolls.

The two finalists in each age category received $250. The finalists’ businesses ranged from duct tape art and jewelry to greeting cards to personal care products to newspaper delivery.

Kids who want to start their own business can get help from the Young Americans Center for Financial Education, which held the Celebration for Young Entrepreneurs competition.