17-year-old Jasmine Lawrence’s micro business has been a long time coming. At the age of 11, Jasmine used a hair product that severely damaged her hair. To avoid this in the future, she developed her own secret recipe of natural hair products. Jasmine was confident in the capabilities of her products; she borrowed $2000 from her parents and began a micro business, called Eden BodyWorks. Today, Jasmine’s business is flourishing, with mass sales through her website alone. However, she has now entered retail as well, selling her products in big name stores like Walmart. Her story shows that a bit of ingenuity in fixing a problem can go far!
Have a great idea? Follow Jasmine’s example and start your own micro business! Check out my book, Starting a Micro Business.
Courtesy of BusinessWeek
Carol Topp, CPA