{"id":1394,"date":"2025-06-27T06:46:43","date_gmt":"2025-06-27T06:46:43","guid":{"rendered":"https:\/\/remote-support.space\/wordpress\/?p=1394"},"modified":"2025-06-27T06:46:44","modified_gmt":"2025-06-27T06:46:44","slug":"10-year-old-entrepreneurs","status":"publish","type":"post","link":"http:\/\/remote-support.space\/wordpress\/2025\/06\/27\/10-year-old-entrepreneurs\/","title":{"rendered":"10-year-old entrepreneurs"},"content":{"rendered":"\n<p> <\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Shark Tank US | 10-Year-Old Entrepreneur Wows Sharks With Her Baby Spoon Product\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/BaUkuszb7dg?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p><br><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\ud83c\udf4b 1. <strong>Jack Bonneau (Jack&#8217;s Stands)<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Business:<\/strong> Lemonade stand franchise empowering kid-run businesses.<\/li>\n\n\n\n<li><strong>Season 8 (2016):<\/strong> Pitched for <strong>$50,000 for 10% equity<\/strong>. Only <strong>Chris Sacca<\/strong> offered a <strong>$50,000 loan at 2% interest<\/strong>, disbursed in $10,000 increments as growth milestones were met .<\/li>\n\n\n\n<li><strong>Post-Show:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Expanded to 7 stands, partnered with <strong>Good Times restaurants<\/strong> to sell lemonade across Colorado (2018).<\/li>\n\n\n\n<li>Faced regulatory challenges: A 2019 Colorado law (SB19-103) banned short-term permits for minors, hindering franchising .<\/li>\n\n\n\n<li>Rebranded as a <strong>nonprofit<\/strong> in 2021, partnering with charities to mentor young entrepreneurs .<\/li>\n\n\n\n<li>Jack later launched <strong>TeenHustl<\/strong> (teen package delivery service) and won the 2023 Prudential Emerging Visionary Award. He is now attending Dartmouth College .<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">\ud83d\udc76 2. <strong>Cassidy Crowley (The Baby Toon)<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Business:<\/strong> Silicone baby spoon\/teether designed to prevent choking hazards.<\/li>\n\n\n\n<li><strong>Season 11 (2019):<\/strong> Asked for <strong>$50,000 for 50% equity<\/strong>. <strong>Lori Greiner<\/strong> accepted her exact terms, citing Cassidy&#8217;s maturity and product potential .<\/li>\n\n\n\n<li><strong>Post-Show Success:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Sales surged from <strong>$5,000 pre-show to $100,000 in the first month post-airing<\/strong> .<\/li>\n\n\n\n<li>Landed a licensing deal with <strong>Munchkin<\/strong>, leading to nationwide distribution in <strong>Target, Walmart, and Amazon<\/strong> .<\/li>\n\n\n\n<li>Achieved <strong>~$1 million\/year revenue<\/strong>; Cassidy remains involved in product design .<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Memorable Moment:<\/strong> Kevin O&#8217;Leary let her sit in his Shark chair after the deal .<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">\ud83d\udca1 Key Insights from Young Entrepreneurs<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Common Challenges:<\/strong> Balancing school with business, regulatory hurdles (e.g., child labor laws), and scalability .<\/li>\n\n\n\n<li><strong>Success Factors:<\/strong><\/li>\n\n\n\n<li><strong>Strategic Partnerships:<\/strong> Cassidy\u2019s deal with Lori Greiner\/Munchkin enabled mass retail access .<\/li>\n\n\n\n<li><strong>Adaptability:<\/strong> Jack pivoted to nonprofit work after legal setbacks .<\/li>\n\n\n\n<li><strong>Impact:<\/strong> Both inspired youth entrepreneurship; Cassidy emphasized her goal to &#8220;show kids they can invent things&#8221; .<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Comparison of Outcomes<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th><strong>Entrepreneur<\/strong><\/th><th><strong>Deal Accepted?<\/strong><\/th><th><strong>Post-Show Revenue<\/strong><\/th><th><strong>Current Status<\/strong><\/th><\/tr><\/thead><tbody><tr><td>Jack Bonneau<\/td><td>Loan from Sacca<\/td><td>$150K (pre-show)<\/td><td>Nonprofit; focus on college<\/td><\/tr><tr><td>Cassidy Crowley<\/td><td>Equity with Lori<\/td><td>~$1M\/year<\/td><td>Sold via major retailers<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>These cases highlight how the Sharks supported young innovators while respecting their need to prioritize education. For more details, visit <a href=\"https:\/\/www.sharktankblog.com\/youngest-shark-tank-entrepreneur\/\">Shark Tank Blog<\/a> or <a href=\"https:\/\/www.looper.com\/1439248\/whatever-happened-jacks-stands-shark-tank\">Looper<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\ud83c\udf4b 1. Jack Bonneau (Jack&#8217;s Stands) \ud83d\udc76 2. Cassidy Crowley (The Baby Toon) \ud83d\udca1 Key Insights from Young Entrepreneurs Comparison of Outcomes Entrepreneur Deal Accepted? Post-Show Revenue Current Status Jack Bonneau Loan from Sacca $150K (pre-show) Nonprofit; focus on college Cassidy Crowley Equity with Lori ~$1M\/year Sold via major retailers These cases highlight how the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1394","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/remote-support.space\/wordpress\/wp-json\/wp\/v2\/posts\/1394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/remote-support.space\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/remote-support.space\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/remote-support.space\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/remote-support.space\/wordpress\/wp-json\/wp\/v2\/comments?post=1394"}],"version-history":[{"count":1,"href":"http:\/\/remote-support.space\/wordpress\/wp-json\/wp\/v2\/posts\/1394\/revisions"}],"predecessor-version":[{"id":1395,"href":"http:\/\/remote-support.space\/wordpress\/wp-json\/wp\/v2\/posts\/1394\/revisions\/1395"}],"wp:attachment":[{"href":"http:\/\/remote-support.space\/wordpress\/wp-json\/wp\/v2\/media?parent=1394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/remote-support.space\/wordpress\/wp-json\/wp\/v2\/categories?post=1394"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/remote-support.space\/wordpress\/wp-json\/wp\/v2\/tags?post=1394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}