At 17, this high school student earns a five-figure salary thanks to his very lucrative side hustle.

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Michael Satterlee, a 17-year-old high school student from Albany, New York, has transformed a simple side hustle into a remarkably profitable business venture. What started as a way to earn pocket money has evolved into SoleFully, a thriving enterprise generating five-figure monthly revenues. This teenage entrepreneur’s journey showcases exceptional business acumen and determination rarely seen in someone still completing high school.

From 3D printed calculator cases to a lucrative shoe accessory empire

Michael’s entrepreneurial journey began modestly with selling 3D-printed calculator cases to his classmates. Recognizing the potential for growth, he quickly expanded his business vision. In an interview with Absolutely Business, Michael revealed how these early successes led him to establish SoleFully, a company specializing in quirky shoe accessories and novelty shoe attachments.

The young businessman’s product line resonated strongly with consumers, resulting in remarkable financial success. Currently, SoleFully generates approximately $20,000 monthly in revenue (roughly €17,660), an extraordinary achievement for a teenage entrepreneur still balancing high school commitments.

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Despite his impressive accomplishments, Michael maintains a grounded perspective. He emphasizes that his success didn’t materialize instantly, noting that it required “considerable trial and error to identify the right product and marketing approach.” Like many successful entrepreneurs, including those who later become hiring managers who carefully screen job candidates with strategic interview questions, Michael learned that persistence and adaptation are essential business skills.

What sets SoleFully apart in the competitive accessories market is its unique product offering coupled with Michael’s intuitive understanding of his target audience. By focusing on fun, distinctive items that allow customers to personalize their footwear, he tapped into a previously underserved niche with significant profit potential.

Extraordinary work ethic and time management skills

Michael’s daily schedule reveals an exceptional work ethic that would challenge even seasoned business professionals. His typical weekday begins at 5:00 AM when he arrives at his warehouse to work for three hours before attending school. After completing his classes around 1:00 PM, he returns to the warehouse and continues working until approximately 8:00 PM.

Weekends see an even more intensive schedule, with Michael typically working 13-hour days. He candidly admits that achieving this balance between education and entrepreneurship often comes at the expense of sleep. However, he emphasizes that he always preserves time for family, which he considers his highest priority.

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“At day’s end, I focus on learning, growing, and improving my business,” Michael explains, highlighting his commitment to continuous improvement. This dedication to self-development echoes approaches taken by influential figures like Steve Jobs, whose disciplined lifestyle practices are now trending among Gen Z entrepreneurs seeking sustainable success paths.

As SoleFully expanded, Michael assembled a small team to support operations. This team includes both friends and professional staff hired as the business scaled. Managing employees while still being a student himself represents another remarkable dimension of Michael’s accomplishments.

Strategic financial management and future planning

Michael demonstrates financial wisdom beyond his years through his disciplined approach to money management. Rather than indulging in extravagant personal spending, he reinvests most of his earnings back into SoleFully. This capital goes toward purchasing additional printers, upgrading equipment, and streamlining operations to fuel further growth.

Beyond operational reinvestment, Michael maintains a strong savings discipline. “I save a significant portion of my income and remain modest about personal expenditures,” he states, reflecting a long-term financial perspective unusual for his age group.

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This conservative financial approach stands in stark contrast to many young people who achieve sudden success. Michael’s prudent money management strategy ensures SoleFully’s continued viability while building a solid foundation for his future endeavors, regardless of which path he ultimately chooses.

With his high school graduation approaching, Michael faces a pivotal decision that many young entrepreneurs confront: continue formal education at university or dedicate himself full-time to his thriving business. This crossroads represents the challenging balance between conventional educational paths and the real-world business experience he’s already accumulating.

Advice for aspiring teen entrepreneurs

To young people inspired by his success, Michael offers straightforward guidance: “Work diligently and progress step by step.” He acknowledges that entrepreneurship is inherently challenging and time-consuming, adding, “The process will be difficult and take considerable time, but if it were easy, everyone would do it.”

This realistic perspective on entrepreneurship’s demands stands in refreshing contrast to get-rich-quick narratives often seen on social media. Unlike some young influencers who build followings based primarily on personality—like the TikTok personality who struggled with progeria while building an online presence—Michael’s success derives from creating tangible products that fulfill market needs.

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Michael’s journey illustrates how traditional business principles—identifying market needs, delivering quality products, reinvesting profits, and maintaining disciplined operations—remain effective pathways to success even in today’s digital economy. His story offers valuable inspiration for teen entrepreneurs seeking sustainable business models beyond content creation.

As Michael continues balancing his final high school months with his growing business responsibilities, his remarkable achievement stands as testament to what young entrepreneurs can accomplish with vision, determination, and structured execution. Whether he chooses academic advancement or full-time entrepreneurship, Michael Satterlee has already demonstrated exceptional business capabilities that promise continued success in his future endeavors.

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