Starting when she was eight years old, Lauren Maillian launched a lemonade stand in Manhattan. Realizing that it was too hot to stand out in the sun, she convinced a nearby mom-and-pop shop to “lease” her a space under their awning for $50 a week—which she could afford making $300 a summer day in lemonade sales.
“Before I celebrated my 10th birthday, I had my first taste of entrepreneurial success,” she wrote in her 2014 bookThe Path Redefined: Getting to the Top on Your Own Terms.