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By Martha C. White
May 11, 2016

What were you doing at 14? Chances are, you weren’t launching your own first-aid vending-machine business.

That’s exactly what high school freshman Taylor Rosenthal is doing, though: As part of an eighth-grade project for a Young Entrepreneurs Academy class last year, Rosenthal jumped on the idea of making first-aid supplies available at places like school baseball stadiums, remembering games that ground to a halt while everyone stopped to look for a Band-Aid if a player got a cut or scrape, according to CNN Money.

When Rosenthal crunched the numbers and realized it wouldn’t make economic sense to hire people to sell first-aid supplies at games (there’s a reason ballpark beers cost $12, after all), he hit on the idea of a vending machine, designed a prototype and got a patent.

This is a kid with confidence in his vision: Although Rosenthal has raised $100,000 from investors to help fund RecMed First Aid Kits, he turned down a $30 million offer to buy the business so he could keep developing it himself, and he’s also the youngest-ever participant in TechCrunch Disrupt, an industry event taking place this week in Brooklyn.

The vending machines, which Rosenthal hopes will roll out to places like ballparks and amusement parks — he already has an order from Six Flags for 100 machines, CNN Money said — will stock first-aid supplies like Band-Aids, gauze, tape and ointment, as well as pre-packaged kits for dealing with situations like bee stings or skinned knees. Prices will run from roughly $6 to $20.

Rosenthal’s parents, who are both in the medical field, gave him some input on his prototype, but this entrepreneur isn’t planning to follow in their professional footsteps: He wants to go to business school.

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Our mission is to help people at any stage of life make smart financial decisions through research, reporting, reviews, recommendations, and tools.

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Our content is free because our partners pay us a referral fee if you click on links or call any of the phone numbers on our site. If you choose to interact with the content on our site, we will likely receive compensation. If you don't, we will not be compensated. Ultimately the choice is yours.

Opinions are our own and our editors and staff writers are instructed to maintain editorial integrity, but compensation along with in-depth research will determine where, how, and in what order they appear on the page.

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