Sixteen-year-old entrepreneur Leanna Archer was the youngest CEO to ring the NASDAQ stock market bell. She was also the youngest person to be featured in INC Magazine’s “30 under 30 list.” At nine years old, Archer began her own hair and bodycare product line using her grandmother’s old recipe made from natural ingredients like avocado, almond, hibiscus and rosemary oils.
Archer started with zero capital in 2005, making her mixtures in the basement. After bottling the mixtures in her little brother’s old baby food jars, she began giving away samples to friends at school. Soon after, the offers to pay for her concoction came pouring in. Against her parents’ initial wishes, Archer continued to produce and sell her products that have now grossed over $100,000 in profit. She admittedly saves part of her profits for a trust fund and with part of the remainder, she maintains the Leanna Archer Foundation for Education, which has helped over 200 children in Tabar, Haiti stay in school, eat and live a better life.
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