In this article, we will talk about a few successful young entrepreneurs. Generations are named in different ways around the world. While the population born between 1946-1964 cannot retire as early as they planned, those who are included in the X generation, that is, those born between 1965-1979, climb the ladder fast. The Y generation, that is, those born between 1980-1999, who follow the X generation, also provide their own income in innovative ways. Many millennials are on their way to becoming entrepreneurs. Let's get to know a few young entrepreneurs. We hope this article will inspire you too. Let's take a look at these ambitious young people.
Hart Main
14-year-old Hart
Main was making fun of his sister for selling feminine scented candles at the
varsity fundraiser, and she or he thought of masculine scented candles.
Although his sister didn't really believe the thought of a manly scented
candle, the business idea was an enormous success across the country. For the
initial investment, Main put in $100, his family put in $200, and that they
worked together to create candle groups. They produced candles scented with
campfires, bacon, sawdust, freshly mown grass, and grandfather tobacco. Today,
ManCans candles are available in 60 stores across America and 9,000 units are
sold. Main will still sell ManCans candles until schools open. After all, he's
just a 14-year-old boy.
Caine Monroy
Caine Monroy is
only nine years old and already owns a business. Actually, he has an arcade.
After building an arcade using cardboard boxes at his father's auto parts store
in Los Angeles, television channels started talking about the business and this
enthusiastic boy. Caine sells game tickets for $1 and $2. It also sells
t-shirts that read "Caine's Arcade" for $15. It's unclear how much
the arcade earned, but thanks to donations alone, it has increased its revenue
to $212,000. In fact, it achieved much of its success when the 11-minute short
film called Caine's Arcade went viral on Vimeo and YouTube.
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| Successful Young Entrepreneurs |
Jack Kim
Jack Kim is a
Seattle teenager who founded Benelab, the fundraising search engine. Who had
done some search engines in the past. He soon learned how search engines
generate income even with a small amount of traffic. According to Kim, the job
of search engines is to make collaborations easier and more accessible. He
recruited his classmates as part of his nonprofit after establishing the
"no adults" rule. While who doesn't know exactly what will happen to
Benelab when he graduates, his goal is for the firm to earn $100,000 before
graduating high school.
Willow Tufano
14-year-old
Willow Tufano's mother, who lives in Florida, works in the real estate
industry. Florida was hit hard by the recession, with homes selling for
$100,000 being auctioned for $12,000 due to the recession. Tufano started
making money by cleaning houses and selling goods online. Later he decided to
buy a house for himself and his mother supported him in this. They bought a
house and in less than a year rented the house for $700. They got a quick
return on their initial investment. Tufano wants to buy a house in the coming
years without the support of his mother. Not bad for a 14 year old kid.
Cameron Johnson
When Cameron
Johnson was just nine years old, he was preparing invitations for his family's
parties. Two years later, he opened his company, which he called Cheers and
Tears, and earned thousands of dollars thanks to the cards he sold. At the age
of 12, he bought 30 of his sister's Beanie Babies toys for $100 and sold the
toys he bought from his brother on Ebay for 10 times what he paid for. He then
started buying the dolls directly from the manufacturer and made a profit of
$50,000 in less than a year. With this money, he started an internet business
with $3,000 a month in advertising revenue. At the age of 15, he increased his
monthly income to between $ 300,000 and $ 400,000, along with other businesses
he founded.
Catherine Cook
15-year-old
Catherine Cook and her brother came up with an idea while browsing through
their student yearbooks one day. They decided to set up a social networking
site where the online versions of the annuals come together. And they opened the
website called MyYearbook.com. In 2006, the website had 3 million members
worldwide and venture capital funds rose to $4.1 million. The website caught
the attention of big companies like Disney and ABC. Its annual sales are
currently in the seven digits, Cook notes.
Ashley Qualls
Qualls' journey
that started with $8 turned into a monthly income of $70,000. When MySpace
became popular, people were fascinated by the templates he made for MySpace.
Qualls was selling his designs online. He was making $70,000 each month from
the site, which received 7 million monthly visitors. He dropped out of school
because he devoted all his time to work. Qualls was offered $1.5 million in
exchange for his job, but he did not accept the offer.
Fraser Doherty
At the age of 14,
Doherty started making jams using her grandmother's recipes. As news of his
jams spread, he began to receive more orders than he could handle. He was
dismissed from school and began renting a factory where 200 staff could work
for a few days each month. In 2007, one of the UK's top supermarkets offered
Doherty to sell their jams in 184 stores. In 2007, his firm had sales of
$750,000. Since then, the company has continued to expand outside of Europe.
Nothing can stop
you from chasing your entrepreneurial dreams. After reading these inspiring
young entrepreneurs, we're sure you've realized that it doesn't matter whether
you're old or young, or having an idea big or small. Entrepreneurship can be
realized in many different ways. All you have to do is find some support for
your idea and work hard. We hope this article inspired you to believe in
yourself and your business idea.
We will continue
to search for the most successful entrepreneurs and success stories for you,
our valued readers.
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