16-year-old's cooling towel business earns £750,000 annual revenue
16-year-old Harrison Nott from Essex, England, founded CoolTowel in his bedroom in 2023. His cooling towel business generated over £750,000 in revenue this year. Nott gained investor Rio Ferdinand after winning a global pitching competition. The company faces challenges like stock shortages, copycats, and operating costs as Nott pursues full-time profitability.
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