https://financingthebusiness.blogspot.com/

Successful Young Entrepreneurs - Financing the business: right information, right investment. Successful Young Entrepreneurs - Financing the business: right information, right investment.

ADVERTISEMENT

 

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.



YOUNG ENTREPRENEURS
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.

Post a Comment

Previous Post Next Post