Beyonce's daughter Blue Ivy about to launch her own fragrance line

Beyonce is already taking steps to ensure her daughter becomes a mogul at 5 years old. According to TMZ, Bey's company wants to launch a line of Blue Ivy Carter products ranging from hair care to clothing, mobile devices to video games, and more.

TMZ reports:

The company already filed legal docs to make it happen and, based on our research, it looks like the application will be approved very soon. 

This is a case of, "If at first you don't succeed, try, try again." Beyonce's company filed a similar application in 2012, but she was shut down because someone already had a lock on the name, Blue Ivy. Adding Carter should do the trick.