He’s just 11 years old but Henry Patterson from Lidlington, Bedfordshire in the United Kingdom is already earning as high as $1,500 per week – and the figures are expected to go higher as the young lad is planning to expand his businesses and opening other options both online and offline.
It all began when he was much younger; he decided to sell manure for some money. Although it was quite a smelly business, it did bring the boy enough money to use as capital for selling candy and other sweets.
His sweets business boomed so much that he founded Sherbert Pip, a retro confectionery company. From there, Patterson opened a shop called Not Before Tea selling various items such as sweets, books, bags, clothes, and stationery. As many as 70 companies also stock brands from his shop! This brings him an annual turnover of over $98,000!
But this young entrepreneur has not stopped with his own brand, he also opened an eBay shop selling stuff he purchased from charity shops.
Patterson is also set to launch his own YouTube channel and produce a children’s book and merchandise branding, complete with characters from his shop!
Now, he’s got an advice for budding entrepreneurs, “My main advice is to start with having a stand at a car boot sale. You learn how to display, price, handle money and talk to customers. All the skills you need to know in the future.”
Considering he is making a lot of money, most people think he is spending a lot on gadgets like other kids his age but you’ll surely be surprised to learn that his biggest expense outside investing in his businesses is on a puppy!
This boy is simply amazing!