This 12 Year old is making $5000 a month

Ns1

No Lifer
Jun 17, 2001
55,420
1,600
126
pft. I make that every hour on the hour. Even while on the shitter.


thanks to 124money.com!
 

Queasy

Moderator<br>Console Gaming
Aug 24, 2001
31,796
2
0
All that money....you'd think she could afford some help from a web designer - Link to her website.

Good for her though!
 

Red

Diamond Member
Aug 22, 2002
3,704
0
0
"I want to go to schools all over the U.S. and let kids know that they can become anything they want to be. They just have to believe."

Like that doesn't happen already by people with more sound advice.
 

Josh

Lifer
Mar 20, 2000
10,917
0
0
Originally posted by: Red
"I want to go to schools all over the U.S. and let kids know that they can become anything they want to be. They just have to believe."

Like that doesn't happen already by people with more sound advice.

She's 12 bro. Cut her a break. She's making more money than you made probably until you graduated college maybe even still after you graduated. I'm surprised how people can criticize her.
 

Kadarin

Lifer
Nov 23, 2001
44,296
16
81
That's great, but I hope they don't forget to be kids somewhere in the process.
 

rasczak

Lifer
Jan 29, 2005
10,437
23
81
that's terrific! those kids are quite the inspiration. too bad i can't think of anything to sell :(;
 

Red

Diamond Member
Aug 22, 2002
3,704
0
0
Originally posted by: Josh
Originally posted by: Red
"I want to go to schools all over the U.S. and let kids know that they can become anything they want to be. They just have to believe."

Like that doesn't happen already by people with more sound advice.

She's 12 bro. Cut her a break. She's making more money than you made probably until you graduated college maybe even still after you graduated. I'm surprised how people can criticize her.

1. Her 2007 revenues were $45,000... which means the amount before subtracting the cost to produce her crappy hair products. Her net income is probably much less.

2. She "expects" revenues to be $150k in 2008. Don't count your chickens before they hatch, shampoo queen.
 

Josh

Lifer
Mar 20, 2000
10,917
0
0
Originally posted by: Red
Originally posted by: Josh
Originally posted by: Red
"I want to go to schools all over the U.S. and let kids know that they can become anything they want to be. They just have to believe."

Like that doesn't happen already by people with more sound advice.

She's 12 bro. Cut her a break. She's making more money than you made probably until you graduated college maybe even still after you graduated. I'm surprised how people can criticize her.

1. Her 2007 revenues were $45,000... which means the amount before subtracted the cost to produce her crappy hair products.

2. She "expects" revenues to be $150k in 2008. Don't count your chickens before they hatch, shampoo queen.

1. LOL I like how you called her hair products "crappy" yet you've never tried them and obviously they are selling & customers demanding more so something must be right about them. I can almost imagine it doesn't cost too much to produce her products. She has no employees to pay, no rent, etc. She's just paying fo the materials she is using and probably not too much for them.

2. Don't most companies have "expectations" for the following year? Maybe even 5-10 years in advance? Based on how's it been selling for the first quarter this year I'm sure she (probably her parents involved as well) came up with a reasonable number. Add that to the fact this article is only helping her website gain traffic.
 

KeithTalent

Elite Member | Administrator | No Lifer
Administrator
Nov 30, 2005
50,231
118
116
Originally posted by: Kadarin
That's great, but I hope they don't forget to be kids somewhere in the process.

Exactly what I was thinking.

KT
 

TehMac

Diamond Member
Aug 18, 2006
9,976
3
71
Oprah Winfrey: BAHAHAHAHAHAHAHAHAHAHAHA.

Yah, Ms. Pinko who encourages taking your money and giving it to all the lazy bums.


Wow, maybe she should use that money to get a better education on who really is supporting her free enterprise.


That said, pretty smart of her to go that far.
 

Nerva

Platinum Member
Jul 26, 2005
2,784
0
0
Originally posted by: Engraver
She looks like a shaved ewok.

300% revenue growth? unless you are high tech start up, i don't think that's happening.

also, short-term this seems like quite the business idea, long-term it can't really go anywhere. hard to grow because how will you raise the capital? debt? no one would lend to a child. equity? right, you try selling stocks with a child at the helm of the company.

still, kudos to the girl, good experience to set her up with bigger things.
 

Dacalo

Diamond Member
Mar 31, 2000
8,778
3
76
Originally posted by: Kadarin
That's great, but I hope they don't forget to be kids somewhere in the process.

With all the protective parents lately who are afraid to let kids be kids, she isn't missing much.
 

magreen

Golden Member
Dec 27, 2006
1,309
1
81
Originally posted by: KeithTalent
Originally posted by: Kadarin
That's great, but I hope they don't forget to work in sweatshops to earn their keep somewhere in the process.

Exactly what I was thinking.

KT

Fixed.
 

Red

Diamond Member
Aug 22, 2002
3,704
0
0
Originally posted by: Josh

1. LOL I like how you called her hair products "crappy" yet you've never tried them and obviously they are selling & customers demanding more so something must be right about them. I can almost imagine it doesn't cost too much to produce her products.

2. Don't most companies have "expectations" for the following year? Maybe even 5-10 years in advance? Based on how's it been selling for the first quarter this year I'm sure she can came up with a reasonable number. And, this is only helping her website gain traffic.

1. Her products are crappy because I wouldn't trust putting that crap on my head when there are hair products developed by companies with multi-million dollar R&D budgets and performance studies.

2. Yes, companies do have expectations. I've only clicked on the article and video, so I'm not giving her traffic... and definitely not buying homemade hair products from someone who is barely through puberty.

3. She still doesn't make $5k/month.