14-Year-Old CEO Turns Down $30M Offer for Vending Machine Biz

By TechnologyFOXBusiness

14-year-old invents first aid vending machine

Continue Reading Below

14-year-old invents first aid vending machine

RecMed First Aid CEO Taylor Rosenthal discusses how he came up with his idea for a first aid vending machine.

When 14-year-old Taylor Rosenthal is not playing baseball as a first baseman and pitcher for Opelika High School, he is creating his own business. The freshman entrepreneur from Alabama is CEO of RecMed First Aid

While in eighth grade, Rosenthal was assigned to brainstorm a business idea for the Young Entrepreneurs Academy, a program designed as a class for students interested in learning how to start their own small businesses.

“I played baseball for 10 years now and every time a kid got hurt at a travel ball tournament or something, nobody could find a Band-Aid and I kind of wanted to come up with something to help that,” Rosenthal said during an interview on FOX Business Network’s Varney & Co.

Continue Reading Below

Rosenthal has reportedly earned a total of $100,000 in investments and told host Stuart Varney that he turned down a $30 million offer from a “major healthcare company” for his vending machine idea.


More From FOXBusiness.com

What do you think?