The 14-year-old boy refused 30 million USD
With the invention of an automatic first aid kit, Taylor Rosenthal becomes the youngest person to be accepted to the tech event TechCrunch Disrupt in Brooklyn.
Taylor Rosenthal is currently a 9th grader, Opelika High School, Alabama State (USA). He felt very excited when his invention was exhibited at a world-class technology event.
According to CNN, despite being young, Taylor created RedMed last year - a big buzzing startup. Not only mobilizing $ 100,000 in venture capital, the 14-year-old boy also rejected the offer to buy ideas for up to $ 30 million.
RedMed and the idea of an automatic first-aid device originated from a project at Young Entrepreneurs Academy - where Taylor was one of 19 members of the class.
Taylor Rosenthal and "brainchild" - an automatic first aid kit.
Taylor said: "We have to develop a business idea. Every time I see a baseball tournament in Alabama, I realize that children can be injured and parents have no medical kits available. I want to solve that problem. "
Initially, Taylor opened mobile stores in tournaments to sell first aid kits. However, the boy quickly realized, this solution is not feasible because "the cost to pay the seller for 6 hours is too expensive".
From there, the boy came up with the idea of a machine that could replace humans doing this job.
Taylor sketches the design, consulting her parents. Both are health workers. They are radiographers and fitness recovery coaches.
Automatic first aid kits sell gloves, sterile gauze bandages, medical wipes .
In December 2015, Taylor was granted a patent after launching the prototype. The boy's invention allowed buyers to choose pre-packaged emergency kits, used to deal with problems such as severe burns, cuts, blisters and bee stings for between 5.99-15, 95 USD or retail products such as medical gauze, rubber gloves, sterilizing wipes . at a higher price (6-20 USD).
Clarinda Jones - a teacher at the Young Entrepreneur Academy - is very proud of her student.
"I was surprised by Taylor's growth over the past year. He is now a confident and talented businessman. Even so, Taylor is very humble, always willing to help others. Taylor is now 14. age, Bill Gates will have to be wary of this boy " - this person said.
Kyle Sandler - founder of Round House, a " business nursery" - agrees.
Clarinda Jones (left) is Taylor's teacher.She is very proud of her students.
Taylor is currently the youngest businessman at Round House. Here, he has his own office, can reach the consulting team and exchange 20% of the shares for an investment of $ 50,000.
"Taylor took advantage of every minute outside the school to study RecMed's development. The boy was so focused that we had to drag him to the street on Christmas Eve," Sandler said.
Taylor said, he will pursue business and college pathways that will help him do that.
"I want to go to Notre Dame because the business training environment is very good. I'm also a football fan there" - he shared.
Taylor is an excellent student. The boy now joins the baseball team at the high school and holds the pitching position. He won the third prize in the creative competition held in Boca Raton, Florida.
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