17 Year Old Mints 30K$ from Thrifting Business
A multitude of teenagers are stepping into the ‘millionaire before 20s’ club through various income streams, at the top of which is social media.
A great relevance to the above is a 17-year-old girl- Axaila.
A Trinidadian-Mexican origin, Axaila, mints more than 30 thousand dollars through her thrifting business.
This is a perk of a large following of about 139,000 on Instagram and 122,700 on TikTok, which the budding entrepreneur enjoys.
The amount is sufficient enough to fund the teen’s education and amass some extra pocket money! Even the Grammy’s recognized the teen’s unique business plan and sent out a Fenty beauty gift box as a token of appreciation.
A dream of many!
Business model requiring minor primary capital
Axaila’s decision to start a thrifting business was to reduce financial constraints in the family and to aid her mother’s monetary stress of footing the bill for her college education.
In her quote,
‘Coming from a single-parent household, I feel like this is my way of giving back to my mother and thanking her for all that she has done for me’
Besides managing a successful online thrifting business, this teen juggles three AP classes flawlessly well!
Platforms to start a successful thrifting business
Axaila uses two platforms to peddle her wares, Depop and Galaxy:
As mentioned on their website, Depop, now a subsidiary of Etsy , is a marketplace where consumers visit to purchase unique and creative items from every niche.
As Forbes reports suggest, Galaxy is a commerce site that encourages resellers to utilize live streams to connect with their consumers.
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Axalia interpreted the implication of having BIPOC represented in vintage and sustainable fashion spaces!
She cracked the market code of ‘necessity gives rise to its fulfillment’ and planned her venture accordingly.
Sustainable fashion is now the trendiest option in town and is a preferred choice of budding entrepreneurs.
Trust us when we say this, We ain’t complaining!