Saturday, 14 May 2016

14 year old schoolboy rejects $30m offer for his unique vending machine idea (Photos)

Taylor Rosenthal, 14, from Opelika, Alabama, came 
up with a multi-million dollar idea - to create vending machines that dispense first aid kits. The school boy then rejected a $30m offer from a 'large national healthcare company' in favour of holding on to his idea himself.

According to the Daily Mirror, he has already raised $100,000 in angel investments and intends to make money by selling the machines for $5,500 each. Six Flags theme park in the US has already put in an order for 100 vending machines. Taylor told CNN Money :

"We had to come up with a business idea.

"Every time I'd travel for a baseball tournament in Alabama, I'd notice that kids would get hurt and parents couldn't find a band aid. I wanted to solve that."
Customers are offered a variety of products in the vending machine from prepackaged first aid kids ranging from £4 to £11 in price.