Teen Turns $2K Savings into $34K Monthly Amazon Empire

1 min read
Source: CNBC
Teen Turns $2K Savings into $34K Monthly Amazon Empire
Photo: CNBC
TL;DR Summary

Bella Lin, a 17-year-old senior from California, turned her $2,000 savings into a thriving Amazon business called GuineaLoft, which sells innovative guinea pig cages. After witnessing an eagle snatch one of her pets, Lin was inspired to design a better habitat for small animals. Despite a previous unprofitable venture in athleisure wear, Lin's GuineaLoft has been a success, generating over $410,000 in revenue last year, averaging $34,000 per month. She balances her business with school and extracurricular activities, dedicating about 20 hours per week to GuineaLoft. Lin is now considering a gap year to focus on her business, which has a 25% profit margin reinvested into growth and product development.

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