Brandon Iverson isn’t your average teenager. The 16-year-old prodigy has been dabbling with entrepreneurship ever since he was a fourth-grader.
The Atlanta native launched his first venture with close friend and business partner, Jordan Williams when they were just 10 years old. “It’s [Kids Toys Inc.] kind of like an online eBay for us, where we sold our old toys and games that we didn’t use anymore,” Brandon said in an interview with UrbanGeekz’s Kunbi Tinuoye at this year’s 8thDisney Dreamers Academy.
“We sold it online, to our friends, to the school, to the community. It was a great way for us to get our feet wet with entrepreneurship.”
Buoyed by the success of Kids Toys Inc., Brandon and Jordan established Making Money for Teens, a financial education company, they created at 13 years old. Through their MMFT products, the boys share knowledge on topics such as investing, starting a business, managing money, and much more.
A year later they published their first book, Who Needs an Allowance? A Teen’s Guide to Starting Their Own Business. Their goal, he says, is to give teenagers essential financial education that they usually don’t receive in school systems.
“I think entrepreneurship is very important because young teens need to have those skills to carry on into adult life because they need to learn how they can manage money at an older age,” says Brandon, who’s now a sought-after public speaker at schools and conferences across the country. “If they start learning that now they won’t have problems in adulthood.”
Raised in an entrepreneurial household, the college-bound high school junior says he has always been inspired by his parents’ business acumen. Though what motivated him to launch his own company at the ripe old age of 10 was reading Robert Kiyosaki’s Rich Dad, Poor Dad, he says.
What’s getting Brandon fired up now is his latest venture: an urban clothing line, the boys founded in 2014, that embodies the positive message of entrepreneurship. Young Moguls Brand, for teens by teens, is an ambitious e-commerce site selling everything from T-shirts, hoodies, baseball caps and jogging pants.
“It’s really an urban wear that helps teens be more aware of entrepreneurship,” he says. “We call it a movement. Our slogan is ‘dreams to dollars’ and a lot of teens are buying into that not only in my home state of Georgia but across the country.”
Follow Kunbi Tinuoye on Twitter@Kunbiti