Trends indicate that our future, possibly our survival and sustainability, will hinge upon the entrepreneurs who are perceptive enough to see a problem or need, smart enough to formulate a solution and who are courageous enough to risk doing something about it.
Research is being focused on how to identify true entrepreneurs and on how to expedite their development and support their success. In studying the characteristics of true entrepreneurs, I happened upon several web sites reporting about teenage millionaires.
$1 Million In Sales For The 15-Year-Old Entrepreneur Behind Fish Flops
beach wear. Madison Robinson has sold 60,000 pairs of her Fish Flops
flip flops for $25 apiece.
D'Aloisio at 17 -- a prodigy app developer -- sold his news
summarization app, Summly, to Yahoo! for $30 million. He is now a full
time employee at the company.
Wong, hired to run business development at Digg (at age 19), Wong went
on to found mobile rewards network called Kiip that proved a
game-changer in mobile advertising. So far the company has taken in over
$15 million in capital investment.
Johnson started his first business at age 9, making invitations for his
family's parties. Several businesses later -- selling Beanie Babies,
internet ad space and greeting cards -- and his net worth had surpassed
the $1 million mark before he'd finished high school.
Doherty, CEO of Super Jam. This Scottish young star started producing
jam and selling it in the neighborhood. He left school at the age of 16
to fully concentrate on super jam and had sales of over 1.2 million
dollars in 2011.
Qualls, an America entrepreneur who made her first million at the age
of seventeen. She took an 8 dollar loan from her mother and created
whateverlife.com in 2004.The website focused on providing HTML tutorials
for young people and providing free My space layouts. Ashley Qualls is
valued to have a net worth of 8 million dollars.
- Farrah Gray started selling body lotion at the age of 6. At 13 years old he founded Farr-Out Food which in a period of one year had received food orders of over 1.5 million dollars making him a millionaire at 14. Farrah Gray is the youngest person to have a Wall Street office and is estimated to be worth 20 million dollars.
Here we have teens who made their millions with beach motif flip flops, Granny’s jam recipe, body lotion, greeting cards, and of course—computer stuff.
They’re kids. If they can do it, why not you?