"Bella's dad, a computer programmer, connected her to a factory in Hangzhou, China, through a former client of his" thats all the information you need to know on how she got started. Connection is fundamental.
Sure, but anyone can jump online and find 100 Chinese companies wanting to do business with you. Narrow it down to 5, and jump on a plane and go meet them. The tough part is coming up with a product people want to buy.
RIGHT! This is as much about her parenting as it is about her ideas. I had a ton of viable ideas as a young person but I was from a dysfunctional, working class family and moved around a lot.
@@BearingMySeoul The little that we know, as she mentioned, is that her dad always talked to her like she was an adult. That implies she learned how to reason, argue, and think creatively. It also sounds like her dad made a large impact on her business sense. I gather she's an only child which has many virtues, but also a few negatives.
Her parents are the way parents should be. They are not tossing her out at 18, they are supporting her while she stays with them and I am sure she will go on her own once she feels stable enough. People laughed at me because I stayed with my parents until I was 30. I helped them with bills, but they were very supportive of me. Now those friends that laughed at me and just had to move out at 18 are struggling to pay rent, while I own a home.
I also see this as a case to case scenario. They are supporting because she clearly also going after and doing something that is working. I do think it is different if she was just playing video games everyday and not trying to build herself up or her own life. I stayed with my mom till 29 but I had been working the moment I left school and it was a win win since my mother also had cancer and my dad passed suddenly when I was 18. So I was also helping around the house while also building my career.
They are asian they keep their children at home plus they are rich they are not asking for a dollars you help with rent .... so not the same do not compare yourself
@@_ohky Hopefully, you will be, but I'm sure there are hundreds of other stories which are better because she basically had it handed to her. Daddy has connections with the factories in China, actually was doing business with them. Then daddy put up the money that was required -- after losing thousands on her other project. If you look at the details, it's not that impressive. Neporeneur. Hate on me all you want but just about everyone would succeed with this kind of leg up. You disagree with that assessment? The toughest parts of creating a business -- raising money and finding trustworthy factory who will build your products -- were handed to her on a platter. Sorry, I don't think it's that great. Try succeeding without that and see how far you get.
So business savvy and articulate for 17 y o. Very impressive. Congrats..you’ve got life goals already and has set yourself up for success. Props to your family, that support was imperative to your success.
Instead of enjoying her youth, she’ll be working and stressing all the time now. Sometimes, to work at young age is not all that sunshine. You never know when you’ll die. Better to enjoy it before working
Likey cultural values have been engineered into her by those who love her, wanting to see her grow and happily succeed. Beautiful, her parents indeed did a great job, and she's been making high quality decisions based on our values as well 👌🏿💯⚡
As a nurse, I thought I have seen how mean and cruel our society has become. Then I read the comments section on CNBC. Goodness. She’s 17. Even if her Father helped her with a connection, she came up with the idea. She puts in the equivalent of a part time job while going to school full time. She obviously got good grades in high school since she got a scholarship. Too many of us can not be happy…even for a child. Bella, it takes all kinds to make the world go round. I had gerbils growing up. I would have loved something like this growing up for them rather than a cage or rolling ball.
@@peanutButterJe11y we all have different levels from spiritual development.. for this age is not a factor but one's reincarnation of soul.. old souls had maybe thousands of lifetimes lived in the past thus bringing more enriched talents and abilities than younger souls 😅
@@rosemoss9380 thank you for saying this! So many people discrediting her work by attributing it to her parents being rich. SMH that’s everyone’s excuse, they can’t succeed in life cuz they had poor parents and no connections. It’s ridiculous, her parents weren’t millionaires, they most likely just middle class living in the suburbs. They provided her the basic minimum of what a parent should provide to their child which is a SAFE, STABLE, AND SUPPORTIVE home. People need to understand that If they didn’t have the same type of childhood home that had all those qualities then their parents failed them.
I was looking for this comment. It's wild to me that people are trying to downplay her accomplishments just because of her parents. I think it's wonderful she had the support from her parents and I hope she builds the pet supplies empire she is planning for.
For real jealous unsuccessful people coming for her in the comments talking about her looks and how supposedly "easy" she has it💀 You can tell they're seething. You can also tell they'll be sht parents with that attitude and just sht human beings overal
profit margin is low so thats not $100k net profit. I have been in this business for too long, same niche, and almost 8 figures in sales/ year. Her profit margin should be 10-12% or half of what you said.
@davidpham9353 Didn’t you watch the video? She had about $400k in revenue and $300k in expenses, so she made about $100k in net profits (most of which she chose to reinvest back into the business).
Hey, this is great video!! I am student, and my favorite side hustle right now is dropshipping. It's getting easier day by day because we now have access to some really powerful tools (I love using a bit of winnerzila for example. They have huge amount of winning products, along with photos, descriptions, gifs, etc...). I have been using it for seven months already, and last month I have made about 13000$, pure profit. Of course, first few months were tough until you see how business flows.
It was truly an honor to be Bella's Business Coach when she entered our YES! program, which is focused on assisting young entrepreneurs realize their start-up dreams. Bella is so talented, respectful, decisive, honest, and a superb communicator.
I screamed when she said wasn't paying herself. When it gets popular enough, your annual profits would start dwindling cuz of Ali-express and the Chinese knockoff's. If she's reading this: PUT AWAY SOME PROFITS. I get that you're comfortable right now, but think long term. Whether it's buying $15K in government bonds or locking $10K in the S&P 500, just put money somewhere you can't be tempted to spend it.
How is that misleading if it didn’t mention revenue or net income. Also it explains it in the video. Its almost as if they use the title to make you watch the entire video and hear her entire story
The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.
It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
Many individuals report success in investing in stocks, forex, and cryptocurrency (Bitcoin), yet I continue to struggle. Can somebody help me out or advise me on what to do?
Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
There's some finetuning needed here on the margins, maybe that number could be down to 140k. But realistically she is a 17 year old offloading the grunt work of warehousing, last mile delivery, logistics, handling to amazon. Its a smart way to solve problems with money, especially if your product niche has decent margins. With time a lot of that can be brought in house to cut costs if the sales keep going up
@@cougercruiserI agree with you. Amazon has plenty of sellers on their platform, those fees are just price gouging, because they can. Let’s get real about that. Those fees are 1000% ridiculous!!!!
America probably has the largest pet market. Only there can you make such money by selling pet accessories. Truly the land of opportunities, if you have a good idea and are prepared to work hard.
As someone that has seen public school first hand, she is really articulate. Best communication and speaking skills from a high schooler. Really wants me to know what her parents story is and how they taught their daughter at a young age.
I see people in the comments talking about the figures she's kicking out (and they're valid comments) -- but I know what my income was at 17. Not what she's bringing in from the fruits of her own business 😅 Kudos to her and her dad for helping nurture her passion. And it sounds like she's aware of how fortunate she is, so the humility is commendable. Wishing you continued success with the business and your pets!
doesnt matter she came from rich family or not, the fact that she love creating business at young age, is that mindset, smart and hardworking too, good job to her. Look at how the way she present herself, confident and sound humble.
@@andreabellini6796 I think they meant "Some people just have that dawg in them." Having "that dawg in you" simply means that you are built different or unique from others. It is a positive phrase lol
Not sure why some people are being so harsh. She’s out here making money on her own with hard work and smart ideas. I can really see her passion and courage as a 17-yo teen. Her future is looking bright!
No one is making money on their own at 17, that's why, but that's what we are being sold here She definitely has adult supervision, vital connections and financial support behind her.
She's doing great but from a business perspective - she should be paying herself- even if it's a modest $400/week. Just because you don't need it now, doesn't mean you won't need it later! Secondly Guinea Loft is a GREAT name and should work on moving away from Amazon to D2C sales. This will lower the current 49% Amazon is taking from your revenue . You can also you could be in a great position to move into in-store sales.
yea well also it's Amazon that helped her business grow. I'm sure at some point she will move out of that business by going into social media and what not, after she builds a solid customer base
It's a shame in time the Chinese knockoffs will eventually come and flood amazon and crush her revenues. I admire her greatly. She even got into University of Chicago. Regardless what happens she will be successful.
It's so impressive what Bella has achieved, and I love how she recognizes her upbringing and her parents support in helping her achieve those accomplishments.
When You said Your Parents You literally brought tears to My eyes finally Someone that thanks Their Parents! You are such a hard Worker and I know Your Parents are very proud of You!!💪❣️
This is the beauty of USA. There are so many opportunities. Local Americans just don't understand. This level of opportunity is very hard in many countries.
the first step to acquire wealth is figuring-out your goals with heIp of a financiaI pIanner, and foIIowing through with lnteIIigent ideas; you will acquire wealth in no time and also enjoy the decision of managing your money.
I knew that somehow her parents had to play a part in her success. Being raised by a successful intelligent father that had connections to suppliers in china.
Thats an awesome idea, I commend her for her design but more so her entrepreneurial drive and focus to be so young and able to budget and finance and network and just get such a large thing up off the ground successfully is incredible.
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
Trading without professional guide... Huh I laugh you, because you will remain where you are or even make huge losses that will stop you from trading, this has been one of the biggest problem to new traders
Props to her parents. Some of us are not as fortunate, but that doesn’t mean our parents failed us. Everyone is NOT born with the same opportunities. Heck, I bet if many kids knew about and participated in the same programs she did, they’d be just as successful.
Bravo to her and her business. I love the idea and that her product serves a good purpose - not another "thing" to clutter up one's life and space. She's incredibly smart and understands business better than some MBA students. Snaps to her family for supporting her in all the ways. The profit comments in the chat are valid. Folks get wowed by revenue, but part of having a successful business is supporting it and your workers, which requires making a profit. She said she employs a small staff, but the expense calculation didn't include those numbers. Her profits are lower if she's paying them from the remaining $100K. (CNBC doesn't do the full math). Also, she's not paying herself - I think a bad move for most, but given her situation, she's better off financially keeping her income very low - doesn't have to contribute to her education, etc (note U of Chicago is a loan-free university). She's the poster girl for strategic planning and maximizing what she has. Love it!
the major advantage americans have is access, and vast amounts of affordable space to start side-hustles .. right now i really want to try my hand at leather work, but even when i buy my own home i won't have the space to do anything beyond hand-work, no machines, no work-space, no workshop .. yet american's have garages that are the footprint of UK homes; american's really have no excuse
Unfortunately, one of the biggest hurdles with being successful on Amazon is the factories you use steal or sell your product ideas, then undercut you on Amazon and sell them as your brand name at half the price. I deal with this everyday, and it is exhausting. Amazon does not care, as they are making money no matter who sells the product, counterfeit or not. Good luck, and protect your brand as well as you can!
This is a perfect example of how luck, aka the difficulty setting your life is set to, is the most important factor to your success or failure. I started a business on both Amazon and Ebay more than 15 years ago, back when Ebay was bigger than Amazon. I bought and sold products that dozens of other sellers and stores were selling, but I kept getting flagged and shut down, whereas they were allowed to continue selling. No matter how many times I appealed, I got rejected. I was literally not allowed to do it. But this girl starts a company over a decade later and is allowed to run it no problem.
*I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.*
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
People dismiss the importance of advisors until they are burned by their own emotions. I remember a couple of summers ago, following my lengthy divorce, I needed a good boost to assist my business stay alive, so I looked for qualified consultants and came across someone with the highest qualifications. He has helped me raise my reserve from $275k to $850k, despite inflation.
Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.
So in reality she is NOT self-made. Born with a wealthy parents who have connections in China to manufacture her products. She didn't come from a poor underprivileged upbringing. She didn't reach out and did hundreds of hours of research to search for manufacturers. She didn't work at McDonalds and save thousands of dollars to finance her business. All these things dropped on her lap with not much effort, thanks to her wealthy parents and well connected business partnership in China.
Honestly this looks like a great product! Amazing to accomplish that. I don't own any guinea pig but this probably would make many guinea pigs happier! Congratulatios to her, she did an amazing work!
Love to see young people dream big and go after their visions! Her parents are a big reason for her success. If only half of the young people have parents who cared, we wouldn't see so many crimes in this country.
@@zcnaipowered7407 you missed the point. The barrier to entry for hundreds of random Americans attempting to do this is that if they just fly to China and use Google translate to pitch this idea to a Chinese factory owner, they’d get fleeced out of the initial deposit and laughed at. China operates on “guanxi”. Google this word. They give heavy weight to personal relationships in business. That’s how you get anything done over there.
Would it be amazing if we gave kids $2000 small business grants and mentoring as part of school? It would be incredible if this could be part of every kid’s background.
When it comes to amazon, revenue and profit are very very different. I run a large amazon business. If I made what my revenue number is I would be a millionaire a few times over
Please read up on proper guinea pig care before you purchase one❤ Stores will not always give correct information about how to care for them. Just looking up beginner tips on RUclips will be a great start❤
She got $2000 for her birthday and gets New Year's gifts. Her parents pay for her college. I think that's part of my problem. I literally have to work for all my money and always have.
What is not transparent is what did the parents to do to help out. Connection with a factory in HongZhou? Running a 6 persons team who spoke Chinese (maybe some English) with her being in the U.S.? What is the connection between the “adults” and business? Not saying Bella is not legit - she is - but just like every DYI show on Home Improvement, the segment shows the easy, fun, effortless side of running this business. I venture that the parents helped out A LOT. C
Omg! So refreshing to hear a teenager speak without slang, using "basically" "bruh" "like", and really having the ability to form complete coherent sentences.
She has parents that support her. Look at her home and computer. 17 year olds that need to work at Walmart and babysit younger siblings in a 2 bedroom apartment could never do this.
Hi, I love parakeets and other tropical birds, and I disagree with having them on metal perches and cages that they can't climb around on. They love natural materials that they can cling onto with their claws all over the cage. The way you have it, there is nowhere for them to be able to cling onto except the metal perch. It seems like a very uncomfortable cage for them. In addition, the water bottle is closed so they can't take a bath in the water. Birds love baths. Please include a large water container so they can bathe. Thanks!
Something is wrong when you earn 400k and end up with 60k. I would rip my self loose from the claws of Amazons greed. Might not earn more at the beginning but rather pay for ads
"Bella's dad, a computer programmer, connected her to a factory in Hangzhou, China, through a former client of his" thats all the information you need to know on how she got started. Connection is fundamental.
Most of us have very little compared to what she was privileged by
@@thegreatestbaldeagle2999 That's life. You have to get out there and make your own connections if needed. What's keeping you from doing it?
exactly what I was gonna comment
sounds like the equivalent of working at your parent's business
Sure, but anyone can jump online and find 100 Chinese companies wanting to do business with you. Narrow it down to 5, and jump on a plane and go meet them. The tough part is coming up with a product people want to buy.
I’m actually more impressed by her communication skills. Just 17 and already so articulate.
well shes asian what do you expect? We are the superior beings lol
rich parents with connection = success
reading a script
I double her age and cant speeck much
I feel like as I have gotten older I have become much worse at speaking >.
Interview the parents, it’s clear this young girl has been taught so much from a young age
RIGHT! This is as much about her parenting as it is about her ideas.
I had a ton of viable ideas as a young person but I was from a dysfunctional, working class family and moved around a lot.
@@BearingMySeoul Yes I would want to see that too. SO many other parents would.
@@BearingMySeoul The little that we know, as she mentioned, is that her dad always talked to her like she was an adult. That implies she learned how to reason, argue, and think creatively. It also sounds like her dad made a large impact on her business sense. I gather she's an only child which has many virtues, but also a few negatives.
She's Asian. That's basically all you need to know lol
I need to see what the father is doing. I wish to be like him
She's a product of good parenting. Good job to her parents, and she now makes them proud as well!
shes a product of wealth.
@@Catdaddy836 Sour, isn't it? Stop fostering a victim mentality and blaming external factors for lack of success.
@@MAZZ007 is all fake
@@Catdaddy836the parents accumulated their „wealth“ as immigrants. So yeah, still good parenting.
@@Catdaddy836 a lot of people who are products of wealth become rotten and waste all their opportunities.
Her parents are the way parents should be. They are not tossing her out at 18, they are supporting her while she stays with them and I am sure she will go on her own once she feels stable enough.
People laughed at me because I stayed with my parents until I was 30. I helped them with bills, but they were very supportive of me.
Now those friends that laughed at me and just had to move out at 18 are struggling to pay rent, while I own a home.
I also see this as a case to case scenario. They are supporting because she clearly also going after and doing something that is working. I do think it is different if she was just playing video games everyday and not trying to build herself up or her own life. I stayed with my mom till 29 but I had been working the moment I left school and it was a win win since my mother also had cancer and my dad passed suddenly when I was 18. So I was also helping around the house while also building my career.
They are asian they keep their children at home plus they are rich they are not asking for a dollars you help with rent .... so not the same do not compare yourself
@@Jsarmy87124 You don't have to be rich to not toss your kid out at 18. My parents were not rich, but they supported me.
owning a home is a slave trap
@@menoo-e9y Yeah renting your whole life is way better. I can't tell if you are a troll or not.
I love how she found her niche and her parents supported her.
And funded her failures too. Nice to have a piggy bank to be there for the failures as well.
Dang and allowed to her so many guniea pigs imagine the smell
@@Intelligencia I want to be a parent like that one day where I can support my child's endeavors.
Her parents recognized a strength and supported it, as parents should do. W parents
@@_ohky Hopefully, you will be, but I'm sure there are hundreds of other stories which are better because she basically had it handed to her. Daddy has connections with the factories in China, actually was doing business with them. Then daddy put up the money that was required -- after losing thousands on her other project. If you look at the details, it's not that impressive. Neporeneur. Hate on me all you want but just about everyone would succeed with this kind of leg up. You disagree with that assessment? The toughest parts of creating a business -- raising money and finding trustworthy factory who will build your products -- were handed to her on a platter. Sorry, I don't think it's that great. Try succeeding without that and see how far you get.
So business savvy and articulate for 17 y o. Very impressive. Congrats..you’ve got life goals already and has set yourself up for success. Props to your family, that support was imperative to your success.
Yes she look and sound older
Instead of enjoying her youth, she’ll be working and stressing all the time now. Sometimes, to work at young age is not all that sunshine. You never know when you’ll die. Better to enjoy it before working
Likey cultural values have been engineered into her by those who love her, wanting to see her grow and happily succeed. Beautiful, her parents indeed did a great job, and she's been making high quality decisions based on our values as well 👌🏿💯⚡
@@truehappiness4U if she pulls in 409k a year, then she can easily retire before 21. Sounds like a good time to be a young adult
@@melu0oretire before age 21? Retire means no longer work.
As a nurse, I thought I have seen how mean and cruel our society has become. Then I read the comments section on CNBC. Goodness. She’s 17. Even if her Father helped her with a connection, she came up with the idea. She puts in the equivalent of a part time job while going to school full time. She obviously got good grades in high school since she got a scholarship. Too many of us can not be happy…even for a child. Bella, it takes all kinds to make the world go round. I had gerbils growing up. I would have loved something like this growing up for them rather than a cage or rolling ball.
Seems like just sour grapes for not accomplishing as much as a 17 year old... A lot of insecurity spills out of people on the internet
@@peanutButterJe11y we all have different levels from spiritual development.. for this age is not a factor but one's reincarnation of soul.. old souls had maybe thousands of lifetimes lived in the past thus bringing more enriched talents and abilities than younger souls 😅
@@rosemoss9380 thank you for saying this! So many people discrediting her work by attributing it to her parents being rich. SMH that’s everyone’s excuse, they can’t succeed in life cuz they had poor parents and no connections. It’s ridiculous, her parents weren’t millionaires, they most likely just middle class living in the suburbs. They provided her the basic minimum of what a parent should provide to their child which is a SAFE, STABLE, AND SUPPORTIVE home. People need to understand that If they didn’t have the same type of childhood home that had all those qualities then their parents failed them.
I was looking for this comment. It's wild to me that people are trying to downplay her accomplishments just because of her parents. I think it's wonderful she had the support from her parents and I hope she builds the pet supplies empire she is planning for.
For real jealous unsuccessful people coming for her in the comments talking about her looks and how supposedly "easy" she has it💀 You can tell they're seething. You can also tell they'll be sht parents with that attitude and just sht human beings overal
Very inspirational. $100k net profit as a high schooler is awesome
profit margin is low so thats not $100k net profit.
I have been in this business for too long, same niche, and almost 8 figures in sales/ year. Her profit margin should be 10-12% or half of what you said.
@davidpham9353 Didn’t you watch the video? She had about $400k in revenue and $300k in expenses, so she made about $100k in net profits (most of which she chose to reinvest back into the business).
Hey, this is great video!! I am student, and my favorite side hustle right now is dropshipping. It's getting easier day by day because we now have access to some really powerful tools (I love using a bit of winnerzila for example. They have huge amount of winning products, along with photos, descriptions, gifs, etc...). I have been using it for seven months already, and last month I have made about 13000$, pure profit. Of course, first few months were tough until you see how business flows.
what do you sell
Is this an ad
@@pluf8751 all the products that winnerzila suggest
@@H4STEGG nope
@@rasalresid9147 do you have any tips for those interested in getting into it?
It was truly an honor to be Bella's Business Coach when she entered our YES! program, which is focused on assisting young entrepreneurs realize their start-up dreams. Bella is so talented, respectful, decisive, honest, and a superb communicator.
I screamed when she said wasn't paying herself. When it gets popular enough, your annual profits would start dwindling cuz of Ali-express and the Chinese knockoff's. If she's reading this: PUT AWAY SOME PROFITS. I get that you're comfortable right now, but think long term. Whether it's buying $15K in government bonds or locking $10K in the S&P 500, just put money somewhere you can't be tempted to spend it.
the profits are probably invested through the company I doubt she's just letting it sit around
@@kajlir5802 that's what she said in the video
She said she wasn't paying herself a salary but was reinvesting the profits back into the company.
Very misleading saying she brings in $400K a year. That’s revenue not net income.
Regardless it’s still more than you….
She still clears over $100k in profits but reinvests it all back into the company. shes very inspiring.
How is that misleading if it didn’t mention revenue or net income. Also it explains it in the video. Its almost as if they use the title to make you watch the entire video and hear her entire story
Cnbc needs a clickbait title
@@thedoncjg6263😂😂
The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.
Money invested is far better than money saved , when you invest it gives you the opportunity to increase your financial worth.
It is remarkable how much long term
advantage people like us have gotten by trying to be consistently not stupid,
instead of trying to be very intelligent.
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
Many individuals report success in investing in stocks, forex, and cryptocurrency (Bitcoin), yet I continue to struggle. Can somebody help me out or advise me on what to do?
Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
$186k in Amazon fees and she’s only netting 103k! Amazon should be ashamed!
@@asanokatana 186k for a 400k business is more than 30%. Maybe something isn’t mathing here.
There's some finetuning needed here on the margins, maybe that number could be down to 140k. But realistically she is a 17 year old offloading the grunt work of warehousing, last mile delivery, logistics, handling to amazon. Its a smart way to solve problems with money, especially if your product niche has decent margins. With time a lot of that can be brought in house to cut costs if the sales keep going up
@@cougercruiser production cost isn't what Amazon is taking
@@cougercruiserI agree with you. Amazon has plenty of sellers on their platform, those fees are just price gouging, because they can. Let’s get real about that. Those fees are 1000% ridiculous!!!!
100k for a teen is still a great profit.
America probably has the largest pet market. Only there can you make such money by selling pet accessories. Truly the land of opportunities, if you have a good idea and are prepared to work hard.
This is a quintessential example of solving a problem in an underserved niche market.
As someone that has seen public school first hand, she is really articulate. Best communication and speaking skills from a high schooler. Really wants me to know what her parents story is and how they taught their daughter at a young age.
I see people in the comments talking about the figures she's kicking out (and they're valid comments) -- but I know what my income was at 17. Not what she's bringing in from the fruits of her own business 😅 Kudos to her and her dad for helping nurture her passion. And it sounds like she's aware of how fortunate she is, so the humility is commendable. Wishing you continued success with the business and your pets!
doesnt matter she came from rich family or not, the fact that she love creating business at young age, is that mindset, smart and hardworking too, good job to her. Look at how the way she present herself, confident and sound humble.
She had the privilege of having powerful connections. That's not exactly hard work.
Good for her, couldn't be me at 17. Some people just have they dawg in them
What?
@@IntuitiveTechManvery true!
@@IntuitiveTechMan stop coping
@@andreabellini6796 I think they meant "Some people just have that dawg in them." Having "that dawg in you" simply means that you are built different or unique from others. It is a positive phrase lol
Not sure why some people are being so harsh. She’s out here making money on her own with hard work and smart ideas. I can really see her passion and courage as a 17-yo teen. Her future is looking bright!
No one is making money on their own at 17, that's why, but that's what we are being sold here She definitely has adult supervision, vital connections and financial support behind her.
That factory connection in China is HUGE because who knows where the business would have gone if she didn't have that.
Anybody can get them.
@@timmybarns3917how !
@@timmybarns3917how ?
if you can be bothered to put in the effort you would be able to find a manufacturing factory on your own
She's doing great but from a business perspective - she should be paying herself- even if it's a modest $400/week. Just because you don't need it now, doesn't mean you won't need it later! Secondly Guinea Loft is a GREAT name and should work on moving away from Amazon to D2C sales. This will lower the current 49% Amazon is taking from your revenue . You can also you could be in a great position to move into in-store sales.
yea well also it's Amazon that helped her business grow. I'm sure at some point she will move out of that business by going into social media and what not, after she builds a solid customer base
It's a shame in time the Chinese knockoffs will eventually come and flood amazon and crush her revenues. I admire her greatly. She even got into University of Chicago. Regardless what happens she will be successful.
Probably Amazon basics eventually too smh
Literally this. And the aliexpress special
Right. She doesn’t have a big moat. She’s doing all of this work for $100k/yr, and that annual profit will decay over the years.
She makes them in China anyways
Yep. As we speak the knockoffs are coming. Amazed how little US gov does to prevent Amazon from enabling this.
NICE TO SEE someone who loves animals such as guinea pigs and make it a passion for income.
wow... she's very well-spoken and mature.
It's so impressive what Bella has achieved, and I love how she recognizes her upbringing and her parents support in helping her achieve those accomplishments.
I'm impressed. She's so talent, smart, and mature for someone so young. Being a business owner is one of the hardest thing you could do.
I'm really glad her parents supported her business decision. She's come so far. Happy for her growth!
When You said Your Parents You literally brought tears to My eyes finally Someone that thanks Their Parents! You are such a hard Worker and I know Your Parents are very proud of You!!💪❣️
Seems like a well put together girl. Credit to her parents. She's pretty/articulate too which always helps in marketing or pitching her business.
Cages are trash. Love your loft idea
This is the beauty of USA. There are so many opportunities. Local Americans just don't understand. This level of opportunity is very hard in many countries.
Huh? A factory in China made the products and she sells online on Amazon. You can do that from anywhere in the world
opportunities for Chinese
@@bpxl53yewz29 then why don't you do that.
@@bpxl53yewz29exactly people come to Canada and USA with this thought but they won’t be successful here either
So true! Wealth has no shortcuts, here are ways to acquire it..🔥
the first step to acquire wealth is figuring-out your goals with heIp of a financiaI pIanner, and foIIowing through with lnteIIigent ideas; you will acquire wealth in no time and also enjoy the decision of managing your money.
l made better decisions that grew my finances (over 1M in 2yrs) with heIp of my financiaI pIanner. Got my 3rd house Iast month, and will retire soon.
Elizabeth Greenhunts
get to her with her name..
Good to here. Thanks
she does not talk like typical 17 year old. her communication skill is amazing.
Any others out there approaching 50 thinking, why wasn't I like this when I was 17...I didn't even know what a supply chain was at that age
I knew that somehow her parents had to play a part in her success. Being raised by a successful intelligent father that had connections to suppliers in china.
3:34 what amazon is doing to its sellers is borderline extortion
Asian parenting and connections are remarkable and must be something that parents in the western world must learn from.
Western parents are busy getting a divorce
Thats an awesome idea, I commend her for her design but more so her entrepreneurial drive and focus to be so young and able to budget and finance and network and just get such a large thing up off the ground successfully is incredible.
she's 17 ????
waaaaaayyyyyy wicked smaht beyond her years.
Spelling and grammar you learn and successful you will become.
Why did I read that in a Peter Griffin Voice ?
@@fotisxevgeniscus it’s the masshole accent
@@larryfisherman6449 oh yeah like that "Smaht Pahk" commercial 😂
Wow!!! Unbelievable achievement at your very young age❤❤❤
Such an incredible young lady. Articulate, smart, and business savvy at such a young age. She is a natural and this is just the start of her journey.
Smart and mature young lady, well done to her parents for supporting her. 😊
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
How
..? Am a newbie in crypto investment, please can you guide me through on how you made profit?
Wow I'm just shocked you mentioned Maria Davis, thought I'm the only one trading with her
Trading without professional guide... Huh I laugh you, because you will remain where you are or even make huge losses that will stop you from trading, this has been one of the biggest problem to new traders
Yeah get connected to Maria Davis, here's her line👎🏻
+1520
So many people have resources and do nothing with it. It's nice to see a mature 17 year old playing the cards she was dealt well.
4:01 this is why she will make it in any case. The mentality.
Props to her, turned a personal interest into a growing business!
Props to her parents. Some of us are not as fortunate, but that doesn’t mean our parents failed us. Everyone is NOT born with the same opportunities. Heck, I bet if many kids knew about and participated in the same programs she did, they’d be just as successful.
Bravo to her and her business. I love the idea and that her product serves a good purpose - not another "thing" to clutter up one's life and space. She's incredibly smart and understands business better than some MBA students. Snaps to her family for supporting her in all the ways. The profit comments in the chat are valid. Folks get wowed by revenue, but part of having a successful business is supporting it and your workers, which requires making a profit. She said she employs a small staff, but the expense calculation didn't include those numbers. Her profits are lower if she's paying them from the remaining $100K. (CNBC doesn't do the full math). Also, she's not paying herself - I think a bad move for most, but given her situation, she's better off financially keeping her income very low - doesn't have to contribute to her education, etc (note U of Chicago is a loan-free university). She's the poster girl for strategic planning and maximizing what she has. Love it!
She should be in all the pet stores nationwide which would mean learning how to scale up quickly.
the major advantage americans have is access, and vast amounts of affordable space to start side-hustles .. right now i really want to try my hand at leather work, but even when i buy my own home i won't have the space to do anything beyond hand-work, no machines, no work-space, no workshop .. yet american's have garages that are the footprint of UK homes; american's really have no excuse
Unfortunately, one of the biggest hurdles with being successful on Amazon is the factories you use steal or sell your product ideas, then undercut you on Amazon and sell them as your brand name at half the price. I deal with this everyday, and it is exhausting. Amazon does not care, as they are making money no matter who sells the product, counterfeit or not. Good luck, and protect your brand as well as you can!
Started from the upper class now I’m here 😂. Nothing impressive.
Girl isn't even of age yet and already has more financial stability than me in my 20's
Everyone who find his own business and passion as a side hustle deserve it. I am waiting for my day
Wow! Only 17! She has amazing parents!
Hardest part for me was finding a shipping company from Shanghai to Houston that wouldn’t cost the same if not more than my product in shipping
were you able to do it, if you don't mind the question?
@@d2d2d3d3 no that was the hardest part, FedEx etc where expensive
This is a perfect example of how luck, aka the difficulty setting your life is set to, is the most important factor to your success or failure. I started a business on both Amazon and Ebay more than 15 years ago, back when Ebay was bigger than Amazon.
I bought and sold products that dozens of other sellers and stores were selling, but I kept getting flagged and shut down, whereas they were allowed to continue selling. No matter how many times I appealed, I got rejected.
I was literally not allowed to do it. But this girl starts a company over a decade later and is allowed to run it no problem.
Good luck Queen! Even when Amazon and others inevitably makes a knockoff, they can’t match your innovation, quality, and ideas! Best of luck at Uni!
I love Guinea Pigs! Good for you!
Amazon Fees is too high!
This is great!! She literally doesn’t have to do anything now but manage the manufacturing and shipping at such a young age too. Congrats to her!!
Proud of her! And kudos to her parents!
My three favorite channels: CNBC Make It, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥
Insider is good too
I wish I had known about this cage when I had Guinea pigs. The cleaning process was stressful and time consuming.
*I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.*
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
People dismiss the importance of advisors until they are burned by their own emotions.
I remember a couple of summers ago, following my lengthy divorce, I needed a good boost to assist my business stay alive, so I looked for qualified consultants and came across someone with the highest qualifications. He has helped me raise my reserve from $275k to $850k, despite inflation.
Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.
Haven't you heard about HENRY E ABAGNALE?
Novelty item, but good experience. Def good to have parents support your pet projects.
So in reality she is NOT self-made. Born with a wealthy parents who have connections in China to manufacture her products. She didn't come from a poor underprivileged upbringing. She didn't reach out and did hundreds of hours of research to search for manufacturers. She didn't work at McDonalds and save thousands of dollars to finance her business. All these things dropped on her lap with not much effort, thanks to her wealthy parents and well connected business partnership in China.
Epic! The panels are just laser cut acrylic. There is no reason she couldn't produce them locally and not outsource that.
This is such a great business idea! Keep doing great things! I was on CNBC Make It in 2021. You got this! 😊
This young woman is going to do very well in life...parents must be so proud ❤
409k? wow that's almost 70k after fees before expenses which is quite a lot at the age of 17
Actually alot when you don't need to pay any dept and housing .
Honestly this looks like a great product! Amazing to accomplish that. I don't own any guinea pig but this probably would make many guinea pigs happier! Congratulatios to her, she did an amazing work!
Thank you for not being an influencer. Wow good job, you’ve done and i’m sure will continue to do well!
Love to see young people dream big and go after their visions! Her parents are a big reason for her success. If only half of the young people have parents who cared, we wouldn't see so many crimes in this country.
very intelligent young lady, congrats on the success
Her entire business hinges on the connection her dad has to a factory owner in China.
To be fair every business hinges on Factories in China
@@zcnaipowered7407 you missed the point. The barrier to entry for hundreds of random Americans attempting to do this is that if they just fly to China and use Google translate to pitch this idea to a Chinese factory owner, they’d get fleeced out of the initial deposit and laughed at.
China operates on “guanxi”. Google this word. They give heavy weight to personal relationships in business. That’s how you get anything done over there.
This kid is absolutely killing it
This is genius and so much nicer for the Guinea pigs
Would it be amazing if we gave kids $2000 small business grants and mentoring as part of school? It would be incredible if this could be part of every kid’s background.
AMAZON FEES ARE STRAIGHT ROBBERY! poor girl!!
She’s killing it!! You go girl!
When it comes to amazon, revenue and profit are very very different. I run a large amazon business. If I made what my revenue number is I would be a millionaire a few times over
What percent does Amazon take
I feel like going to college will just be a waste of time and money. If it were me I would just focus on my business. It's already succeeding.
This makes me want a guinea pig!
Please read up on proper guinea pig care before you purchase one❤ Stores will not always give correct information about how to care for them. Just looking up beginner tips on RUclips will be a great start❤
She got $2000 for her birthday and gets New Year's gifts. Her parents pay for her college. I think that's part of my problem. I literally have to work for all my money and always have.
At 17, i was plucking grass and throwing it around on my friends and thought it was funny. You're an inspiration to many, well done! 👏🏾
Lovely family and very creative business. The hamsters are the best brand ambassadors. They look very content!
Congrats on your great success. You are blessed to have a great supportive mom and dad behind you too!
What is not transparent is what did the parents to do to help out. Connection with a factory in HongZhou? Running a 6 persons team who spoke Chinese (maybe some English) with her being in the U.S.? What is the connection between the “adults” and business? Not saying Bella is not legit - she is - but just like every DYI show on Home Improvement, the segment shows the easy, fun, effortless side of running this business. I venture that the parents helped out A LOT. C
Or how she raised $2,000 in birthday gifts in like 3 years... that should explain enough right there 😂
this!
I'd be really impressed if it were a foster kid that developed the business from scratch
Amazon will start doing this by themselves in 7 months
Omg! So refreshing to hear a teenager speak without slang, using "basically" "bruh" "like", and really having the ability to form complete coherent sentences.
I guess you don't know a lot of teens
so much ambition and energy.
I just want to sleep all day.
The more stories like this I hear the more convinced I’m become that I’m either super lazy or super stupid. Probably both 🤖
Everyone has their own qualities and path
She has parents that support her. Look at her home and computer. 17 year olds that need to work at Walmart and babysit younger siblings in a 2 bedroom apartment could never do this.
She got into University of Chicago. For those that don’t know, that’s Ivy League level
Step 1: Have rich parents.
Step 2: Profit.
Hi, I love parakeets and other tropical birds, and I disagree with having them on metal perches and cages that they can't climb around on. They love natural materials that they can cling onto with their claws all over the cage. The way you have it, there is nowhere for them to be able to cling onto except the metal perch. It seems like a very uncomfortable cage for them. In addition, the water bottle is closed so they can't take a bath in the water. Birds love baths. Please include a large water container so they can bathe. Thanks!
Her Amazon fees are killing her profits
Also it's NOT a side hustle if she doesn't have a real regular job
It's just her business
I was immediately like... so what's her main job 😂
how much involvement from the parents??
At that age, her main job is finishing her education. She is still in HS. Any additional work outside of school is a side hustle.
Something is wrong when you earn 400k and end up with 60k. I would rip my self loose from the claws of Amazons greed. Might not earn more at the beginning but rather pay for ads
That is actually a very good profit margin. Most businesses have much smaller margins. Amazon fees are still too high though...
Seems like a really nice family. I wish we could zoom out and hear more about her ecosystem.