Meet Connor, a 7-year-old iPhone app developer

While other kids were out selling glasses of lemonade, 7-year-old Connor Zamary was starting his own app company. Toaster Pop, an iPhone game that involves slathering spreads on toast, is his first creation.

Connor isn't just a figurehead with a first-grade education. He's a fully fledged technology entrepreneur. "He pitched investors, made his own PowerPoint, filled out the paperwork for his LLC all by himself, has done conference calls with the West Coast developers," father Craig Zamary tells CNET in an e-mail interview.

Connor vetted and selected a developer to build the app and took feedback from friends and family into account during the development process.

One perk Connor isn't allowed yet is his own e-mail account. He uses his father's to conduct company business. He answered a few questions from CNET, including where his app idea came from.

"My dad was telling me about an old fashion toaster since I never saw one before. Then it just came to me to create an app, where toast would pop out of the toaster, land on a plate and you would have to butter it with butter," Connor writes.

That sums up the 99-cent Toaster Pop app pretty well. It's a family-friendly game designed with kids in mind. It starts with butter, moves up through jams, and then mixes it up with a spread called "The Works." Connor's personal favorite toast condiment is butter.

Connor says the most challenging part of launching his own app was preparing the pitch for investors. "I was nervous," he writes. He's already looking ahead to version 2.0. The updated app idea is mapped out and hanging on the family's refrigerator.

App entrepreneurs may soon run in the family. Connor's 6-year-old sister Annabelle has an app idea. If she gets her pitch together, Connor may become an investor in his sister's own app business.