This Girl Made Six Figures by Age 19

This is the New Money Talks Newsletter, the newsletter packed with entrepreneurs' personal stories, financial tips, and more!

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Today, we want to share the incredible story of Dasha Derkach,

a young entrepreneur who turned a simple idea into a six-figure business – all by the age of 19…

Her journey from a regular teenager to a successful e-commerce business owner is a testament to the power of social media and a brilliant example of how creativity and perseverance can lead to REMARKABLE SUCCESS.

So…Dasha began her entrepreneurial journey by designing and selling unique scrunchies, which she initially promoted on Instagram.

While she had some success on Instagram, it wasn't until she shifted her focus to TikTok that her business truly TOOK OFF.

In a short time, one of her TikTok videos went viral, catapulting her brand, Enchanted Scrunch, into the spotlight.

The viral TikTok video brought significant attention to her products, leading to an impressive surge in orders.

What started as a modest venture quickly transformed into a booming business, with most of her sales coming directly from her TikTok audience.

Dasha's story highlights the immense potential of leveraging social media platforms to reach a wider audience and drive sales.

With her newfound popularity, Dasha didn’t just stop at scrunchies.

She expanded her product line, continually engaging with her growing follower base on TikTok.

Her unique approach and dedication to quality helped her build a loyal customer base, turning Enchanted Scrunch into a six-figure company.

Here are some tips we can learn from Dasha:

1) Embrace Social Media: Platforms like TikTok can significantly boost your business visibility and sales.

Engage with your audience through creative and authentic content.

2) Adapt and Innovate: Dasha’s shift from Instagram to TikTok was a game-changer.

ALWAYS be on the lookout for new trends and be ready to ADAPT…

3) PERSISTENCE PAYS OFF: Success doesn’t happen overnight.

Keep refining your products and marketing strategies, and stay persistent even through challenges.

…Dasha’s story is a fantastic example of how young entrepreneurs can harness the power of social media to achieve extraordinary success.

Whether you’re just starting out or looking to take your business to the next level, her journey is full of valuable lessons.

Remember, every successful entrepreneur began SOMEWHERE. 

Dasha started with just a unique idea and the courage to share it with the world.

You have the same potential to create, innovate, and succeed.

The tools and platforms available today make it easier than EVER to reach a global audience and turn your passion into profit.

If you read today’s newsletter and enjoyed it even half as much as we enjoyed preparing it for you, we’d love for you to reply to it and give your feedback so we can keep improving them over time.

See you on Wednesday:)