America's young people are breaking new business barriers every day, and these successful kids have created their own genre of Making it in America. We're highlighting these inventors and young entrepreneurs as they each carve out their own path to greatness.

William Georges is the 11-year-old inventor of Pezo Pals, which are MP3 players with interactive smart technology. It's a tech toy for kids! And not only did young William create a cool toy and a business, but Pezo Pals received Creative Child Magazine's 2012 Top Toy of the Year award!

So how did he do it? William stopped by Making it in America to share with us just what it takes to be a young entrepreneur. Mark Monroe, owner of Learning Express, which carries Pezo Pals, joined William to give us an idea of what makes the new toy so cool.