“I teach young people like myself how to make their own money and buy the things they really need in their life because they won’t have to ask their parents for anything if they do the same thing that I do,” Asia Newson explained in her 2014 TED talk.

So what exactly does the 13-year-old do? She sells what she calls “the world’s best candles,” like this signature candle you can purchase for $14.99, as well as a line of Super Business Girl merchandise.

She also offers “How to be a YOUTHpreneur” workshops, which teach students from fourth to 12th grade about entrepreneurship, merchandising, innovation and, of course, candle making.

2. Mikaila Ulmer of Me and the Bees Lemonade

While brainstorming startup ideas for a children’s business competition, 11-year-old Mikaila was stung by a bee and then happened to discover her grandmother’s flaxseed lemonade recipe — and the rest is history.

This young entrepreneur used local honey to sweeten a batch lemonade, and the result is her wildly successful Me and the Bees Lemonade, a product found in Starbucks and Whole Foods stores across the country. Not only does it taste good, but the profits from each bottle go toward organizations protecting honeybees and educating others on their importance.

3. Cory Nieves of Mr. Cory’s Cookies

Cory Nieves, who turns 13 this year, is the cookie connoisseur behind Mr. Cory’s Cookies, and he’s in the running for best dressed CEO of all time.

The young maven has his products in Whole Foods and other grocery stores across the U.S. It all started when he was tired of taking the bus, so he decided to save money to buy a car for his mother.

The cookies are made with natural ingredients, but most importantly, “they’re made with love — the most important ingredient,” Cory has explained. You can’t beat that.

4. Moziah “Mo” Bridges of Mo’s Bows

When he was 9 years old, Mo enlisted the help of his mother and his grandmother, a retired seamstress, to start selling colorful and expressive bowties online and across Memphis, Tennessee.

Now, the 15-year-old is the CEO of Mo’s Bows, a company that rakes in $200,000 each year and was featured on Shark Tank. Mo’s Bows can also boast that its clients include Barack Obama and Steve Harvey as clients.

If you want to get in on the action, you can find Mo’s bowties in stores like Bloomingdales and Neiman Marcus. You can also buy his “Go Mo” bowtie online to support his nonprofit, which provides opportunities to send Memphis children to summer camps.

5. Natalie McGriff of The Adventures of Moxie McGriff

Martha Tesema, in the article “7 Young Black Innovators Changing the World Through Entrepreneurship,” shines a spotlight on inspiring young Black entrepreneurs who are making a significant impact through their innovative ventures.

To learn more about these trailblazing individuals, you can read Martha Tesema’s full article on Mashable.