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14 Year-Old Entrepreneur Bucks Economic Trend

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    Entrepreneur Michael Weymouth on his tech-services business and how he has grown his company during tough economic times.

  • Duration 4:47
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This Monday morning many of those Wall Street protesters are young people who say they have no opportunity is to make it is down to to them -- He started his own it tech consulting business he is fourteen years old and he joins us right here in New York City Michael welcome of the program.

Thank you OK first of all what kind of a business is what it is.

-- mostly technology consulting.

We basically fix computers are.

Billy instruction set up of such device so somebody comes to you with one of these look -- desktop here on laptops -- -- that doesn't look quite slow speed doesn't -- They just physically delivered to you and you fix corrects.

How many employees -- -- to.

So that's three people welcome this company.

Did you start from scratch get to your idea yet and even fixing things since the age of -- I would -- since the age of -- Not really a long time but you actually take a screwdriver out take the back off and fix things physically or is it up code problem that effects with the software.

I do both but.

A more.

I prefer to work on the hardware side because it's one of those things we see it and you can you know how exposed to work and it's not really something most people -- went on where on the software side.

People can delete essential files and you don't know what to do that -- whose idea was -- the business was mine you'll us.

And you started doing this for friends and and he found he could make some money out of it.

Yet cut it started off where I was when I when -- -- over somebody's house I would be.

How can you take a look at this -- then it.

Really got serious when people -- inviting me over just to fix things that's what I figure Nebraska very thoughtful question -- -- -- are you making money yet serious money.

Serious to me if five rule what you one of these did desktop laptop things and I said -- this things slow fixes and -- future.

I would probably charge about fifty dollars for such service.

Fifty dollars to such -- -- Africa how -- you pay your employees now.

It's really more of a percentage my.

My PR employee is.

He gets 15% of all.

Profits that result from any.

He he's new so it's been.

Just the Newsday deal so far -- got us in the Paper.

Aggressive to get you in the Paper you paying him a proportion of the profits of the company that one out of proportion of the company itself but what.

What we it's not an ownership interest -- seemed to have your head screwed on.

Produced on that's your color here on interest my goodness I just -- about education.

Is there anything it and schools that that you took the prepared you for this -- is this.

All -- all what you're doing now is -- to pick up on the -- outside of school.

So far all all that I've learned from school is computer programming and my -- press -- computer program class other -- that it's all been stuff that I plan but that's what may I ask what you down notes.

He's a vice president of related men -- corporation.

Now what do you think of the Occupy Wall Street.

I agree that there is an inequality of wealth.

But the people who have the wealth worked hard to get it's not that they just -- it by themselves most of my mean there are some that inherited wealth but not all.

And if they want jobs.

They're -- they're trying to block the functions of the company's so that's really counter intuitive to getting -- you don't.

Counter intuitive knowledge in general matter so you don't sound like a forking out an edited and what what motivates you -- that money.

I really just love technology everything to do with technology's just excites me whenever somebody comes -- the new product -- one of the people who are online looking up every detail of -- -- It's that and the money doesn't hurt but I don't and.

A lot of people are challenge just by.

Building your business by the relationships with the employees with the people they do business with -- is is that fun as well.

It's not fun but it's not.

Mean -- not rewarding it's yes it's very rewarding and here's the cash future may yet because these these people that work for me are people who.

I've become friends with through the business so could question do you see your future in -- business.

Poll may be politics.

Definitely the business I don't wanna get in politics good they're -- Line.

It's a dangerous field.

Michael -- that was terrific and we wish him the very very best of luck with the company and the name of the company -- tech -- Tech -- incorporated.

-- -- subject -- -- got caught Michael went with you know what you don't -- we appreciate you being with us today thank you good luck to.