When you’re working hard to become a teen entrepreneur, it’s important to stay focused on your goals and direction. However, it also helps to look at other kidpreneurs and young business people for inspiration when you’re feeling discouraged by a knock back or tired because of how busy you are. In the United Kingdom, the list of entrepreneurs under 25 years of age is long and fascinating. Read on for some of the top names you need to know about.
Karina Sudenyte is the co-founder, along with her partner Maciek Kacprzyk, of Welsh social enterprise Wonky Drinks. The pair’s company is known for its juice brand, Get Wonky, which creates drinks from ugly yet edible fruit that would otherwise be thrown away. The juices are sold in recyclable glass bottles, too.
The business helps to reduce food and plastic waste, and since opening in 2017, it has saved more than 175 tonnes of fruit from landfill. Plus, it also helps 17 disadvantaged growers to sell fruit they’d otherwise get no return on. In addition, the business regularly donates drinks to charity.
Aged 23 now, Sudenyte has long had a taste for entrepreneurial life. She helped her mother to sell household goods from a young age. This no doubt helped her and her business partner to land big-name clients such as Merrill Lynch, KPMG, Bank of America and HSBC over the years. The business has been profitable from the start, too, and the duo took home the Young Entrepreneur of the Year trophy at the 2017 NatWest Great British Entrepreneur Awards.
A bit of a business wonderkid, Ollie Forsyth, now aged 20, launched his first business at the tender age of 13. While he was bullied at school for being dyslexic, Forsyth didn’t let this hold him back. He looked for inspiration to billionaire Richard Branson, also dyslexic, and like Branson left school with no qualifications but lots of entrepreneurial fire.
After his first business, “Ollie’s Shop”, an online store selling products targeted to teenagers proved a success (it turned over $GBP13,000 in its first year alone), Ollie went on to co-found another business, this one an online exchange enabling students to buy and sell products at university campuses.
Since then he has invested in multiple other ventures, launched his own magazine for entrepreneurs, started speaking around the country, and even launched his own networking organisation for business people, called The Budding Entrepreneur Club. Forsyth has been featured by many prominent publications, including Fortune.com and Startups.co.uk, and he was voted the 3rd Most Influential Teen by The Times Magazine.
While Kylie Jenner was recently confirmed as the youngest self-made billionaire ever, in the UK another young lady is working to build her name in the cosmetics industry. Rose Dyson founded Pura Cosmetics, a cruelty-free vegan lip care venture, at just 15 years old when she was frustrated by the expense of quality beauty products. She recognised a gap in the market for ethical cosmetics which were available at affordable prices, and started the business on a shoestring budget.
Now 19, the youth continues to run Pura and has been able to get the brand stocked by a range of department stores, gift shops, salons and beauty subscription boxes. Her achievements over the years have been recognised in numerous ways. She is the youngest recipient of the Jacqueline Gold CBE Women in Business #WOW Award, as well as the Theo Paphitis Small Business Sunday Award. Plus, in 2017 she was named the UK Young Market Trader of the Year.
This 23 year old is a millionaire who founded a news-summarising app, Summly, when he was just 15 years of age. D’Aloisio went on to sell the app to Yahoo for $US30 million when he was 17. He is believed to be the youngest person in the world to have received venture capital, and while he’s studying philosophy and computer science at the University of Oxford currently, he also continues on with his business interests, and is an investor in multiple projects.
If you watch the UK version of Dragon’s Den, you might already know the name Jordan Daykin. The 23-year-old was the youngest ever successful contestant on the TV show, and secured $GBP80,000 from Deborah Meaden. This cash injection was used to launch his company GripIt Fixings, which sells his grandfather’s invention, the GripIt. This tool helps people to hang pictures and TVs, and revolutionised the DIY market in the United Kingdom. Today Daykin is a serial entrepreneur, a fundraiser, and a motivational speaker.