Me & the Bees Lemonade founder started her empire at 4 years old. Her motto: 'Dream like a kid' - CNBC

Me & the Bees Lemonade founder started her empire at 4 years old. Her motto: 'Dream like a kid' - CNBC

Me & the Bees Lemonade founder started her empire at 4 years old. Her motto: 'Dream like a kid' - CNBC

Posted: 26 Feb 2020 06:23 AM PST

When most 15-year-olds are out at the movies, playing video games or listening to music, Mikaila Ulmer of Austin is focusing on building her empire.

Mikaila is the CEO of Me & the Bees Lemonade, a business she started at age 4 after her family encouraged her to enter a local youth business competition. While she was thinking about what type of business to launch, she got stung by a bee — twice. At first she was scared, then quickly her fright turned to fascination when Mikaila learned about the vital role bees play in the ecosystem.

That's when she decided to do something that would help save honeybees: Sell lemonade sweetened with local honey and donate a percentage of the profits from the sales to local and international organizations fighting to save honeybees. Her special recipe for Flaxseed Lemonade came from her great-grandmother, Helen.

"Being my own boss and being able to make my own money was important to me. I realized how fun it was to sit behind the stand and run it. That is why I decided to keep on going."

Mikaila Ulmer, left, and Microsoft CEO Satya Nadella speak onstage at We Day at KeyArena in Seattle on April 20, 2016. in Seattle, Washington.

Mat Hayward | We Day | Getty Images

Beyond the buzz

Mikaila says she now has goals beyond Me & the Bees. "One of the hardest parts of growing was finding funding. I want to make that path easier for minority-run companies who have great ideas."

According to research from American Express, black women are starting businesses faster than any other racial group. Since 2007, the number of firms owned by African-American women has grown by 164%. Despite the hustle, minority women are being shut out when it comes to access to capital.

Me & the Bees Lemonade CEO Mikaila Ulmer presents to Daymond John on ABC's "Shark Tank."

Michael Desmond | Walt Disney Television | Getty Images

Men still get a disproportionate share of venture capital funding, with only 2% of capital going to U.S.-based female-only founder teams, according to PitchBook. Of that 2%, only a fraction goes to women of color.

This young female entrepreneur also believes that modern companies needs to have a social mission: "I think it critical the companies have a social purpose. This generation is more likely to buy a from a company that does good in the world. It is not just a company it is a movement."

Her best piece of advice to anyone thinking of starting a business? "Dream like a kid. The reason why — kids are so fearless. A kid will do whatever needs to be done to achieve their dream."

SIGN UP: Money 101 is an 8-week learning course to financial freedom, delivered weekly to your inbox.

CHECK OUT: How to avoid getting ghosted after a job interview via Grow with Acorns+CNBC.

Disclosure: NBCUniversal and Comcast Ventures are investors in Acorns.

Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank."

The undervalued heroes of the coronavirus crisis need our thanks – and our support - The Guardian

Posted: 21 Mar 2020 05:59 AM PDT

Thank yous are too often implied. They get casually dumped in a box labelled "take it as read", presumed too self-evident to be publicly stated. Sometimes they're expressed through a knowing nod or a smile, or – before our current plight, of course – a gently squeezed hand clasp. In normal times that's not really good enough, and in a time of mounting catastrophe, it definitely isn't.

So, this is a thank you, more profusely meant than any other. Thank you to the supermarket workers, as panicked people throng your stores, leaving your shelves in need of relentless replenishment, your checkouts requiring constant attention and disinfection. You've been compelled to offer reassurance to a public who – even in times of calm – can be prone to taking their private frustrations out on you, believing that the power dynamic shields them from retribution. In some US states, you have now been rightly reclassified as emergency workers, and yet most of you toil for long hours on wages too low to sustain a comfortable life.

Thank you to the paramedics, midwives, nurses and doctors, overwhelmed and under-resourced even before a public health emergency detonated in your hospitals and ambulances. You are lacking in equipment and staff, and – with insufficient masks, protective gear or testing – are risking your health to save lives. You have suffered a decade-long squeeze in NHS funding, falling real wages and, in the case of junior doctors, the workhorses of the NHS, vilification when you dared to strike to defend your conditions. More frightened ill people will enter your care as conditions deteriorate in the coming weeks, and yet your efforts will prolong lives and relieve suffering. Thank you, too, to the hospital administrators, managers, secretaries, rota coordinators and other pillars of a desperately strained NHS, without whom it would collapse.

Thank you to the cleaners, among the nation's most undervalued and underpaid workers. As it is, you save thousands of lives each year – in hospitals and in office blocks – by extinguishing the invisible tormentors of our immune systems. Many middle-class professionals are able to retreat to the relative safety of working from their homes, but no floor can be cleaned remotely: you have now become frontline soldiers in a war against a remorseless killer. When cleaners belonging to the Independent Workers of Great Britain went on strike, their slogan was "we are not the dirt we clean", and yet that is how bosses and society have treated you, even now as your health is imperilled.

Thank you to those who produce and deliver food and the goods necessary for a healthy existence; to those who keep our transport system operating, preventing the collapse of a nation's infrastructure. Thank you to the teachers who, by continuing to educate the children of key workers, allow doctors and nurses to focus on saving lives and the country to function. And as we say our thank yous, let's note who we are disproportionately saying them to: women, minorities and the low-paid, all of whom always suffer the most in every crisis.

Thank yous are important, but they are not sufficient. If this gratitude is to be given meaning, it should lead to an overdue reassessment of who we value most in society and how we treat them. It should not have taken a pandemic to expose how poorly paid, insecure and badly treated so many workers that society cannot function without truly are.

Let's say our thank yous, loudly and frequently, but truly invest them with substance: that right now, and when this crisis is all over, we will fight alongside you for the wages, conditions and lives you genuinely deserve.

Owen Jones is a Guardian columnist


Popular posts from this blog

Window for Small Businesses to Apply for PPP Funding Closes Saturday - Bay News 9

List of Easy Approval Net 30 Accounts for 2020 - Nav

This new business index offers a more accurate way to forecast recessions - MIT Sloan News