61. How This 16 Year Old Started a $30K/Month Coffee and Flower Shop

At just 16, Dylan Capshaw is already earning about $10,000 in profit from his coffee and flower shop, Stemistry. If you’re wondering how to open a coffee shop, how to open a flower shop, or how a teenager combined the two into a unique small business, this episode is for you. 

Dylan first made waves in 2020 when he started For the Frontline, a non-profit to help protect frontline workers during the COVID-19 pandemic. Those efforts earned him nominations from TIME Magazine and Nickelodeon’s Kid of the Year award. He started an online flower shop around the same time as a way to quell his boredom when he was stuck at home. When that ecommerce shop made more than 11,000 sales, Dylan realized he had a scalable business on his hands. 

In this interview, we’ll hear about Dylan’s journey from ecommerce flower shop to a brick-and-mortar. One big question many people are probably asking is: how much does it cost to open a coffee shop—and where did a high school student get that kind of money? Hear the answer to those questions, along with the unique challenges Dylan faces as a young entrepreneur and other helpful tips for anyone who wants to start their own business. 

Resources

• https://bit.ly/4hhNQhP Start your business today with 500 free business ideas
• Stemistry - Find out more about the business at their website

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