Mikaila Shark Tank success Ulmer shares best advice for entrepreneurs



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Mikaila Ulmer may be just 14 years old, but she knows a thing or two about business.

The Young Founded CEO of Me & the Lemonade Bees Lemonade business when she was just 1 million bottles across the United States, including Whole Foods and, as of this month, Macy's.

The "Shark Tank" success, who scored a $ 60,000 investment from Daymond John in 2015, has also established itself as a voice of guidance for others, and has been nominated by President Barack Obama at the United State of Women Summit. .

That's no easy feat for a teen still completing her studies. Yet, according to the Gen Z influencer, it's proof to others that age should not be a barrier.

Me & the Bees Lemonade Founder Mikaila Ulmer speaks at STORY At Macy's Presents: Outdoor! Bringing The Outdoors Indoors With DICK'S Sporting Goods And Miracle-Gro® At Macy's Herald Square on July 09, 2019 in New York City.

Eugene Gologursky | Getty Images Entertainment | Getty Images

"No matter how old you are, you always have something to teach," Ulmer told CNBC Make It.

"That's something I'm remembering, I'm speaking to 15 or 15,000 people," she said, before presenting a "Finance 101" workshop to female founders at the Dell Women's Entrepreneur Network (DWEN) in Singapore.

"When you have a big voice, make sure that you give others a voice behind you, and that you're not just growing up growing up and giving your expertise to others," she said.

Following the bees

Of course, that confidence did not always come easy to the young entrepreneur. Ulmer admitted to getting "nervous" when, at the age of eight, she started leading workshops for older school kids.

But, it's something she has learned from business lemonade.

"If you look into a beehive, they're always working together, they're usually jam-packed, and they communicate, they're always communicating, they're always working together," she said.

Ulmer started her lemonade business when, at the age of four, she was stung by two bees in one week. Rather than be scared, she was encouraged by her parents to learn more about the insects and their important role in the food cycle.

At the same time, a recipe for flaxseed lemonade. Ulmer decided that if she could make the lemonade from local beekeepers, she could do so to help the population.

That fall, Ulmer's mom and dad suggested she make the lemonade for a children's business in hometown of Austin, Texas. The product was a hit, with that, Me and the Bees Lemonade was born.

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

Michael Desmond | Walt Disney Television | Getty Images

Ulmer has been expanding the business with the help of his parents, themselves business school graduates.

Me & the Bees Lemonade recently launched a new line of lip-balm infusions and, separately, in 2017, Ulmer launched her own non-profit – The Healthy Hive Foundation – to conduct research, education and protection projects for honey bees.

Me & the Bees Lemonade continues to donate 10% of all profits to bee conservation groups.

But she is not stopping there. In between her studies, Ulmer spends her time managing her business, traveling for speaking engagements and thinking up new product ideas. She also recently signed a deal to co-write a book for young entrepreneurs.

"Even though I started with lemonade, I always wanted to expand to different products." "Hello Kitty of lemonade, and do my brand and my mission but spread over an array of products," said Ulmer.

"I always say that it's important to have a kid and that it's the perfect age to start figuring out," she added.

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

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Mikaila Ulmer, founder and CEO of Me & the Bees Lemonade.

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