Miss Haye’s Escapade
We are creating a new interconnected world for teenage entrepreneurs to network with fellow members, cultivate innovations, apply for funding, access entrepreneurship education, join local chapters, share expertise, and solve challenges.
We are super excited about young entrepreneurs who are improving the lives of other teens, applying solutions to real-world problems, producing thriving businesses, and pivoting the world to the future.
If you know of any teenager who has launched a business as a teenager and is below 25, we would be happy to cover his/her story. Please reach out to [email protected], sending some basic info, and we will respond within 48 hours.Chelsea Haye, Founder
Iridescent by Chelsea Haye
By Sriya Chatterjee and Mary Olson
Brooklyn, New York, U.S.A. February 25, 2020. Mary Lou Cook, the actress, once said that “Creativity is inventing, experimenting, growing, taking risks, breaking the rules, making mistakes, and having fun.” One such girl follow’s in Cook’s footsteps. She is young, creative, and racing to accomplish her dreams. Let’s introduce you to Chelsea Haye!
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Chelsea Haye, born in 2005, is a young entrepreneur set out to spread beauty amongst people around her. Chelsea at the age of 14, has an up and running business called “Iridescent by Chelsea Haye.
Chelsea is in the business of selling bedazzled fashions that are decorated with rhinestones. The graphically designed sweaters shine when seen from different angles. Her initiative evolved in 2017 when her mother talked to her about business, how to start earning money and finally become financially independent from her parents. Chelsea came from a family of entrepreneurs and was already gifted with an entrepreneur’s mindset when she imagined Iridescent.
Starting any business always requires an initial investment and marketing. Chelsea believed in her vision to establish a company that would eventually skyrocket. Her mother believed in Chelsea’s vision and invested a substantial amount of capital in supporting her daughter.
Now that her business is stable, she is planning to launch a website to add more products that will help to stabilize her revenues, expand her reach, and generate customer interactions, while also scaling toward a larger entity. Chelsea’s consolidated revenues during the last three years will support her goal to own a multi-million-dollar company.
We questioned Chelsea about the difficulties she faced over the past three years. Her answers ranged from. “expecting the support from the family” and “not giving up.” Other difficulties include competition. It is not easy to sell items because people may not be willing to buy the selection, or they shop elsewhere. For instance, Chelsea felt like giving up when sales dipped to almost zero. But she was determined to stay the course and make things work. At her age, starting a business from scratch and being able to make it work successfully is not an easy job, but Chelsea never admitted her defeat!
She continuously observed things around her to bring out the creativity in her. She looks for products that she likes and her customers may like. She then sells these products online or in person to a young audience much like herself. They tend to like decorated items which helps Chelsea grow her business.
Not so long ago, in January 2020 Chelsea benefited from one of her most significant experiences. It was an interview with Mrs. Amber Powers, the president of Powers Digital Marketing. [ https://www.facebook.com/watch/?v=621006798652179 ] She discussed her business and her career as a young entrepreneur.
We asked about her future endeavors, and they sound exciting. One of her dreams is to appear on the “Black Girls Rock!” The annual award show, founded by a former DJ and model Beverly Bond, honors and promotes Black women in different fields involving music, entertainment, medicine, entrepreneurship, among others categories. She hopes that her recognition will inspire many young entrepreneurs to help them start their very own business.
Chelsea would love to share a meaningful quote for all the young entrepreneurs. It goes like this, “If you don’t like something, change it, if you can’t change it, change your attitude” by Maya Angelou.
And one of her very own! “Don’t be afraid to take the leap and start a business and never overthink, just do it!”
This story is contributed by Sriya Chatterjee with editorial inputs from Mary Olson. Sriya is from Chennai, Tamil Nadu, India and is pursuing her BTech in Electronics and Instrumentation Engineering.
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