Taylor Rosenthal is a fourteen-year-old boy currently in ninth grade at Opelika High School. He founded RecMed First-Aid Kit when he was in grade eight, a year ago. RecMed is a vending machine – only instead of food, you get first-aid kids from it. According to Rosenthal, these vending machines will be kept in places like amusement parks, sport events, playgrounds, etc where first-aid isn’t readily available. Being an athlete himself, he knew how much important immediate first-aid is in these sectors, so he decided to find a solution and ended up founding RecMed. Below is the Q & A when Rosenthal was interviewed by CNN Money about his vending machine solution. After this, his stories were further discussed by ABC, CNBC and Fox.
Q. How did you come up with that idea?
A. I’ve played Baseball for nine years and everytime a kid got hurt, I would notice that a parent won’t be able to find just a band-aid. So, I tried to come up with something in a eighth grade class called Young Entrepreneur’s Academy. I started out sitting at sporting events selling first aid kits, just pre-packed first aid kits and I noticed how much it would cost to pay somebody a minimum wage to sit out at a tournament for six hours. I had to find my way around that. So, I pivoted to a vending machine.
Q. Do you have any orders?
A. We actually have a soft purchase order from a national amusement park group for a 100 units, and we’ve talked to several other big companies about buying the vending machines.
Q. What’s it like to be a fourteen year old CEO?
A. It’s hard to balance it out with school and other things and also some adults don’t take me as serious as they would another adult. But, that’s not slowing me down, he says. I have a second idea. We cannot talk about it yet (laughs).
Q. What type of packages can a person buy from the vending machine?
A. The vending machine allows consumers to purchase first-aid packages to treat ailments such as cuts, sunburns, bee stings and blisters that run from $5.99 to $15.95 or buy individual supplies like bandages, gauze pads and rubber gloves from $6 to $20.
Watch the interview video here: