10-year-old earns $60K investment for lemonade business - WRCBtv.com | Chattanooga News, Weather & Sports

10-year-old earns $60K investment for lemonade business

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A 10-year-old's lemonade business just got a whole lot bigger.

Last week, Mikaila Ulmer went on ABC's Shark Tank to present her new line of lemonade, called ‘BeeSweet.' One of the hit show's judges, FUBU CEO Daymond John, was so impressed with Ulmer's pitch that he decided to invest $60,000 and a 25 percent stake in her enterprise.

Just like that.

“Partnering with Mikaila made perfect sense,” John said, according to Black Enterprise. “She's a great kid with a head for business and branding. She's got a great idea, and I'm happy to help take BeeSweet to the next level,” John said.

Mikaila got the idea for the business when she was just four-years-old and was stung twice by bees, reports the New Pittsburgh Courier.

Read more at The Grio

 

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