Saturday, March 26, 2011

Meet the 10-Year-Old CEO of a $500,000 Family Business - AOL Small Business

Meet the 10-Year-Old CEO of a $500,000 Family Business - AOL Small Business: "Hannah Altman is a fifth-grader by day and a CEO by night.

The 10-year-old helps oversee Hannah's Cool World, which has 12,000 registered customers across the globe, having shipped products to countries as far away as Italy, Israel, Norway, Spain, Australia and New Zealand. In 2009, the year it launched, the website sold more than 250,000 pencil toppers, referred to as squishies.

Hannah's Cool World is part of West Bloomfield, Mich.-based IBeOn, the $500,000 company Hannah's parents, Rick and Lauren, started in 2007. The name for their business's website was CoolZips, something then-6-year-old Hannah came up with -- the beginning of her professional life. CoolZips.com sells handmade decorative zipper pulls for duffel bags, jackets, backpacks, stuffed animals and the like."

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