Top 20 Under 40: Panel Tools Online CEO Fraser Killen, 18
At only 18 years old, the founder of this Brisbane eCommerce start-up is already turning over hundreds of thousands of dollars and has changed the panel tools market forever.
QBM
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Juggling a double degree at university with managing an eCommerce start-up has not tempered one Brisbane teen’s entrepreneurial spirit.
Fraser Killen, 18, co-founded Panel Tools Online with his mentor Craig Honeyman in July 2018, selling tools with applications in carpentry and kitchen fitting.
The Nundah teen says his company, which has a turnover in the hundreds of thousands, has disrupted the panel tools market dominated by paper catalogues.
Killen says Panel Tools Online has provided a digital marketplace for routers, saw blades and other tools with applications in kitchen and bathroom panel fitting.
He says the idea presented itself during a high-school internship at Accurate, a Brisbane-based tooling company.