Some kids build legos and toy robots and some starts to build an empire. A 14-year old whiz kid was just made headline after refusing a $30 million buyout of a product he just produced. His creation? A first-aid vending machine.

Taylor Rosenthal, a 14-year-old business whiz from Opelika High School created a first-aid vending machine. He said that his affinity with baseball led to this creation which started as a project in school.

"No one could find a Band-Aid when someone got hurt," Rosenthal said in an interview with ABC.

"Have you ever been to an amusement park, and your child falls to the ground and scrapes their knee? Then, you had to walk all the way to the front of the park to get a Band-Aid?" Rosenthal added.

 

Young Entrepreneurs Academy asked Rosenthal's class to think of small business idea, the boy, together with his parents who both have medical background, developed his idea which they later called RecMed.

His idea won and earned a startup push from the institution called Roundhouse which helped him won third place in a regional competition.

The colorful and sporty looking machine was then built. The 14-year old earned a total of $100,000 in investments which enabled him to build his vending machine.

And according to the reports by ABC, he "turned down a $30 million offer for his idea" but refuse to discuss the offer he had just turned down.

Meanwhile in an interview with CNBC he said "At the time, I felt the deal wasn't right - I felt like I wanted to grow and develop the company from what it was, which drove me to turn it down." And according to CNBC, he might consider a $50 million price for his invention.

CNN also got a hold of Rosenthal, during the tech event in Brooklyn where his prototype was displayed.

The RecMed vending machine offers two product options, a prepackaged first-aid kit for basic sun burns, cuts and bee stings which are sold for $5.99 to $15.99 and individually wrapped medical supplies like gauze pads and band aids which costs from $6 to $20.

Rosenthal even thought about putting advertisements on his machines to earn extra aside from selling the machines for $5,500 per piece.

His parents and teachers are extremely proud of the boy, who should be feared by the likes of Mark Zuckerberg.

"It has been amazing watching Taylor grow over the past year into this confident and amazing business man," she said. "Even with all of his success, he remains humble and ready to help others. He's just 14. Bill Gates should be worried" said one of Rosenthal's teachers, Clarinda Jones.

 

Tags RecMed, Taylor Rosenthal, First-aid, first-aid vending machine, invention, innovator

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