Teen Hustle owner Sheridan Dyal invested in the teen’s online business selling accessories during the Christmas holidays. Accordingly, she says she is balancing her new venture while focusing on her studies.
The 17-year-old redid the dial to become the most outstanding student in science for the Caribbean Certificate of Secondary Education (CSEC); she secured 18 Grade Ones and a Grade Two pass last year.
In a discussion with ‘Newsroom’, she said,
“I had a bit savings that I had gotten for Christmas…I was like okay this is just a little bit of savings and instead of putting it in the bank and having it all accumulate in the bank, we learned that money depreciates when it’s kept in the bank.”
While she hasn’t invested in index funds and stocks, Dyal said she decided to invest her savings using the knowledge she gained while studying.
Apart from that, she hopes to go abroad for further studies and also hopes to get a scholarship. Dyal said that she felt the need to find another source of funding for that.
“I plan to go to college next year. I want to go on a scholarship because it would be more financially beneficial for me. Although I will hopefully get a scholarship to go, I don’t know if it will be guaranteed 100 per cent, and even if it is, I still want to have my own money to use.”
Managing her business while preparing to appear for CAPE first year exams, she said,
“I had to learn to compartmentalize when I am going to deal with business. Usually, when I get home I deal with business between five and six.”
“One encounter I would have had is that I would tell customers that I will get back to [them] or someone would contact me after I would have allocated time for my business and customers tend to want me to meet their demands at all times.”
Dyal said she is expanding to have a base in Guyana and wherever she goes to study. You can access her business on Instagram using the handle teenhustle_gy.