A 14-year-old school boy has come up with a multi-million dollar idea – to create vending machines that dispense first aid kits.
Taylor Rosenthal, from Opelika, Alabama, then rejected a $30m offer from a ‘large national healthcare company’ in favour of holding on to his idea himself.
He has already raised $100,000 in angel investments and intends to make money by selling the machines for $5,500 each, Daily Mirror reports.
Six Flags theme park in the US has already put in an order for 100 vending machines. Taylor told CNN Money :
“We had to come up with a business idea.
“Every time I’d travel for a baseball tournament in Alabama, I’d notice that kids would get hurt and parents couldn’t find a band aid. I wanted to solve that.”
Customers are offered a variety of products in the vending machine from prepackaged first aid kids ranging from £4 to £11 in price.