Yay! Good for her!!!! But!
I congratulate her parents too that is just awesome.
Update...Shark tank on ABC
10-Year-Old Mikaila Ulmer: A Sweet Business Girl Earns $60,000 Investment on ‘Shark Tank’
“I didn’t enjoy the bee stings at all,” she says on her website. “They scared me. But then something strange happened. I became fascinated with bees. I learned all about what they do for me and our ecosystem.”
Even more strange for a four-year-old girl was that she thought of creating a business. Six years later, sweet little Mikaila, now 10, is a television star whose business acumen earned her $60,000 on the hit TV show, Shark Tank, for her company BeeSweet Lemonade out of Austin, Texas.
Former FUBU CEO Daymond John was impressed enough to offer $60,000 for a 25 percent stake in her business.
Watching her speak about what she has created with so much passion is so cute and adorable—actually irresistible.
Mikaila said she used her great grandmother Helen’s recipe to make lemonade, using flaxseed, which bees produce, and, of course, bee-produced natural honey. Added to BeeSweet Lemonade is omega-3 essential fatty acids. The lemonade is naturally caffeine-free and has no artificial ingredients or high-fructose corn syrup, the No. 1 worst food to ingest.
Mikaila and John will now work closely together to expand her business, and John will serve as her mentor.
“Partnering with Mikaila made perfect sense,” John stated in a press release. “She’s a great kid with a head for business and branding. She’s got a great idea, and I’m happy to help take BeeSweet to the next level.”
The $60,000 will allow Mikaila to increase her production and enable the company to create larger batch runs of its signature lemonade in order to keep up with demand.
“I’m so excited to have someone with as much experience as Daymond on my team,” Mikaila stated. “This is a great opportunity to have more people try my lemonade and help save even more bees!”
That’s what made her venture so appealing—she’s not just doing it for the money. Mikaila is doing it to preserve bees. When her great grandmother sent her a 1940 cookbook with her recipe of Flaxseed Lemonade in it, Mikaila researched and learned bees produce flaxseed.
“So then I thought,” she says on beesweetlemonade.com, “what if I make something that helps honeybees and uses my Great Granny Helen’s recipe?
Today, the teas that come in various flavors are available on her website and at Whole Foods, mostly in Texas and a few in Louisiana.
Arian Foster, NFL Players Invest $810,000 In 12-Year-Old’s Lemonade Company
Mikaila Ulmer just keeps winning.
The preteen behind Me & the Bees Lemonade just got a generous financial bump from some NFL players.
Arian Foster and other players in the league are putting their money into 12-year-old Mikaila Ulmer’s lemonade company, according to The Houston Chronicle. Foster announced the news at the “Been Brilliant Entrepreneur Day” at a local Boys & Girls Club on July 6. He said he’s happy to team up with the “humble” young entrepreneur.
“Of course, any time you invest in anything you look at if it’s going to be profitable,” Foster said. “We look for companies that match our main focus of developing a good product, but are also good people and do it for the right reasons. It’s more than about money to us. We believe that investing in small black businesses is extremely important.”
Along with the retired Texan, Glover Quin, Duane Brown, Jonathan Grimes, Omar Bolden, Bobby Wagner, Darius Slay, Sherrick McManis, EJ Manuel, Malik Jackson, Nick Martin and Lameck Lukanga are investing a combined total of $810,000.
While sitting with Foster and Quin, Mikaila told the Chronicle that she’s excited for the opportunity.
“I’m very happy that I’m able to work with them and they invested in my company and them helping us and mentoring us and believing in our mission,” she said. “I think we have a better chance of achieving our goals. That keeps me pumped and excited every day.”
Me & the Bees Lemonade, formerly BeeSweet Lemonade, was founded soon after a 4-year-old Mikaila got stung by a bee twice. She grew fascinated with the way bees help the ecosystem and wanted to help save them using her great grandmother’s flaxseed lemonade recipe and honey.
In 2015, Mikaila’s “Shark Tank” pitch earned her a $60,000 investment. Since then, business has been booming for the young entrepreneur. Last year, the Austin, Texas, native was invited to the White House to meet then-President Barack Obama and she scored an investment deal to distribute in 62 Whole Foods across the country. She was also named as one of the Movement50 Top 10 Innovators of the Year at SXSW. Her company donates to organizations fighting to save bees.