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CNBC Make It

I'm A Teen Who Built A 'Can Cooler' Business — It Brings In $808,000/Year

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AI-generated summary. Check the original video for context and accuracy. Translated into English with AI.

Overview

CruiseCup, founded by 19-year-old Mike Satterlee, is a business that sells innovative can coolers capable of holding two cans and allowing retrieval from either the top or bottom. It achieved sales of approximately $808,000 in 2025. Initially manufactured in a factory with over 160 3D printers, it later transitioned to Chinese-made stainless steel products for scalability.

Key points

CruiseCup achieved gross revenue of $808,000 in 2025, and recorded sales of approximately $601,000 between January and September 2026.

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To innovate traditional can coolers, a structure capable of holding two cans and allowing retrieval from both top and bottom was developed, and two utility patents are pending.

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Although initially manufactured 24/7 with over 160 3D printers, the company transitioned to Chinese-made stainless steel products in July 2026 for scalability.

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By utilizing AI (Artificial Intelligence), the automation of the print farm, email workflows, and customer support are streamlined, keeping the number of employees to a minimum.

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He has foregone college and works 80-85 hours a week, but doesn't mind as he enjoys the work, stating that his biggest regret is not transitioning to stainless steel products sooner.

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Posting a viral video on social media directly led to sales, confirming product-market fit.

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As he lives with his parents, he does not take a formal salary, reinvesting all profits back into product development and inventory purchases.

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Being unable to meet demand during the Christmas season and being forced to halt sales resulted in a significant opportunity loss.

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His future goal is to expand products into major retail chains, and he intends to focus solely on CruiseCup's growth instead of attending college.

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