How a 24-year-old turned a homemade electric skateboard into a $300,000 business that paid for college
By
Ryan Johnston
Summary
Jared Ebersole, now 24, built his first electric skateboard as a teenager after wanting one he couldn't afford. He turned that passion project into a side business that helped pay his way through college. He later sold most of the business for $300,000 and shares how he's using the money now — investing, saving, and funding new ventures.
Source
bskyHow a 24-year-old turned a homemade electric skateboard into a $300,000 business that paid for collegecnbc.comKey quotes
· 3 pulledHe was a young teenager, and the one he wanted cost $1,600.
After roughly half a year of trial and error, including a battery exploding during a test, he built a working board at his parents' home.
He posted about his success on an online forum, where other users started messaging him, asking if they could buy one from him.
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