Teen nails import trade, moves onto property market
AFTER a successful festive season selling toys, Highfields teenager Will Deeth will put a deposit on his first home next year at just 16.
The entrepreneurial teen, who was selling toys at a pop-up shop in Grand Central, was on track to make $100,000 by Christmas.
However, Will said slow trading during the Christmas week meant he only made $70,000.
"Of course that's still something I'm extremely happy with," he said.
It was seven times more the amount he made at Christmas in 2015, when he racked in $10,000 from pop-up shops at PCYC markets and shopping centres.
The 15-year-old got an early start into the importing trade with his parents running I Will Import, previously known as China Purchasing Consultants.
The family buys direct from factories and wholesalers in China.
"I think I want to buy a house in Toowoomba or buy a block of land and build three duplexes on it," Will said.
"The house would probably have to go in my parents' names but I would pay if off. We still have to work out all those details.
"I think I'd like to rent it out so I can get into the property market."
The Toowoomba Christian College student already has a business coach and plans to travel to China at least twice this year.
He will study a robotics subject in school this year and might like to study engineering at university if the life of a high-flying importer ever gets old.