15-Year-Old Boy Turns School Bathrooms Into A $56,000-A-Year Sweets Empire
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Kids these days are clearly aiming a lot higher than making a couple bucks at the lemonade stand. 15-year-old London schoolboy Nathan John-Baptiste went from selling a few chocolate bars out of the boys’ bathrooms to selling flats full of sweets and pop across 3 schools – and raking in over $1.2k a week doing it.
The North Londoner, who has now been dubbed the ‘Wolf of Walthamstow,’ would post his daily ‘menu’ on Snapchat, take orders, and make the exchanges at lunch time each school day. By selling each product at only 50 pence (cents) a piece, a deep discount against store prices, he became innundated with customers, and started making upwards of £230 (~US$295) per day. Deluxe suits, lavish dinners out, and trips to the top of the Shard (the tallest building in the UK) have all become a part of Nathan’s lifestyle.
Had the entrepreneurial teen continued his operations, he would’ve brought in £43k (~US$56k) by the end of the school year, but his venture hit an unexpected setback. School staff found out about his burgeoning business – which, by then, was active in 3 schools with the help of 11 ’employees’ – and promptly put a stop to it. Though Nathan was discouraged, he still has his eye on millions in the future. “I would like to become a stock broker… And in property, 100 per cent,” he told the Daily Mail. You win some, you lose some, but at least this ‘Wolf’ has a winner’s ambition.
(h/t)
Meet Nathan John-Baptiste, a 15-year-old London schoolboy with a taste for success
Image credits: Nathan-John Baptiste
The young entrepreneur has been raking in almost $300 a day selling sweets and pop out of school bathrooms
Image credits: News Group Newspapers Ltd
He built his client base by posting daily ‘menus’ on Snapchat, selling store-bought goods at bargain prices
Image credits: Nathan-John Baptiste
Image credits: Daily Mail
The ‘Wolf of Walthamstow’ was on his way to making over $56k a year, until school staff shut him down
Image credits: News Group Newspapers Ltd
Though this venture didn’t work out, Nathan’s flair for the finer things in life drives him forward
Image credits: Nathan-John Baptiste
With million-dollar dreams of becoming a stock broker, his dinners at the Shard are sure to continue on
Image credits: Nathan-John Baptiste
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What do you think ?
OK, but where did he get the goods at such a low price in the first place?
Exactly my first question when reading. He would have to be getting them even for cheaper or for free to make a big profit while charching so little.
Buy them in bulk.
eh, charging...
Perhaps by buying candy in bulk?
Some people are just born to be business people. I would have been the kid getting high on his own supply. Sell one bar. Eat one bar. :D
I feel you Francisco.
So why does this behavior get praise, while other rule-breaking behaviors get punishment? I would be concerned about this child's priorities if I were a parent or school administrator. He is TOO focused on that one thing; seems like he doesn't really care how he gets the profits, he just wants money. What kind of shit value system is that?
Um... Actually I think he's onto something very clever here (this coming from someone studying education). This kid was teaching himself to become an entrepreneur, as opposed to being taught how to be a labourer. Schools teach kids how to get a job, not how to make them, which is economically not viable in this day and age where jobs are scarce. More kids should be taught how to run their own businesses. If he has a flare for entrepreneurship, let him run with it. Obviously he did it in the wrong place, but it's still a better skill to have than being taught things that aren't going to be relevant in the real world.
Totally agree with you. It's more useful to learn management than the stupid maths I had to do at school. EX. the train was going so much per hour and the other so much per hour, which one arrived first. Totally useless, never in my lifetime had I the oppertunity to use such unuseful math problem.
It is what kids are often taught. I'm with you, I don't celebrate this. Seems to me he was taught to love money and that never goes well.
The one we all have been raised in, and still live in. We live in a world where money is the most important thing, sadly.
Tell that to Richard Branson.
Capitalism :-) And what is wrong with making money
OK, but where did he get the goods at such a low price in the first place?
Exactly my first question when reading. He would have to be getting them even for cheaper or for free to make a big profit while charching so little.
Buy them in bulk.
eh, charging...
Perhaps by buying candy in bulk?
Some people are just born to be business people. I would have been the kid getting high on his own supply. Sell one bar. Eat one bar. :D
I feel you Francisco.
So why does this behavior get praise, while other rule-breaking behaviors get punishment? I would be concerned about this child's priorities if I were a parent or school administrator. He is TOO focused on that one thing; seems like he doesn't really care how he gets the profits, he just wants money. What kind of shit value system is that?
Um... Actually I think he's onto something very clever here (this coming from someone studying education). This kid was teaching himself to become an entrepreneur, as opposed to being taught how to be a labourer. Schools teach kids how to get a job, not how to make them, which is economically not viable in this day and age where jobs are scarce. More kids should be taught how to run their own businesses. If he has a flare for entrepreneurship, let him run with it. Obviously he did it in the wrong place, but it's still a better skill to have than being taught things that aren't going to be relevant in the real world.
Totally agree with you. It's more useful to learn management than the stupid maths I had to do at school. EX. the train was going so much per hour and the other so much per hour, which one arrived first. Totally useless, never in my lifetime had I the oppertunity to use such unuseful math problem.
It is what kids are often taught. I'm with you, I don't celebrate this. Seems to me he was taught to love money and that never goes well.
The one we all have been raised in, and still live in. We live in a world where money is the most important thing, sadly.
Tell that to Richard Branson.
Capitalism :-) And what is wrong with making money