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Saturday, May 31, 2014

Caine Monroy; 9 years old Business Owner

Caine Monroy is only nine years old and already a business owner. He's an arcade owner to be exact. After constructing a makeshift cardboard arcade and setting it up in his father's auto parts store in L.A., his business has been the talk of the town with television crews and enthusiastic children coming through daily. Probably because Caine sells $1 and $2 tickets that allow 4 plays and 500 plays respectively. Caine also sells $15 T-shirts that say, "Caine's Arcade" on them. Although it is unclear how much money his arcade business has made so far, in donations alone he has already raised over $212,000. His success is supposedly largely owed to an 11-minute video that features the young entrepreneur that ended up going viral on Vimeo and YouTube.
[investopedia]
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