Category: Teenage Entrepreneurs

How Entrepreneurs Think - Survey

Do Entrepreneurs Think Different?

Have you ever wondered why some people succeed in their business activities and some people just can’t, no matter how hard they try? Why is it easier for ones to take risks, innovate, change the world, while others keep working from 9 to 5 for all of their lives and have never really made efforts to start on their own? The following infographic, created by the popular freelance platform – oDesk and based on a survey among 3 200 freelancers, gives an interesting view on the way entrepreneurs think. First of all, an entrepreneur is not every person who runs...

The Success Stories Of 3 Cool College Startup Companies And Their Founders

Many of the greatest business ideas, that were later turned into super successful businesses, were born in the heads of college students. Thinking about today’s multi-billion companies like Facebook, LinkedIn, Apple, Google, Yahoo…, seems like this trend hasn’t changed much by now as all of these are college startups… Only to add to this statement, here are 3 additional stories of 3 American young entrepreneurs who have built a successful business out of their ideas while in college: Zac Workman – Punch Zac was an ordinary student at Indiana University, who liked having energy drinks. But no matter how hard...

How Richard Branson Made His Billions

Richard Branson‘s story is one of the musts reads for any starting entrepreneur. His life has been an amazing and profitable adventure that anyone can learn from. But first, let me drop a few words about him. Sir Richard Charles Nicholas Branson is one of the richest people in the world, 4th by wealth in the UK. Currently, he is 64 and his net worth is estimated at around $4.6 billion. Branson is the founder and the manager of “Virgin Group Ltd.” – a venture capital conglomerate company located in Great Britain, consisting of more than 400 different businesses from...

The Summly App

How Teenager Nick D’Aloisio Made 30 Million At 17 – Summly’s Story

This is one of the latest millionaire stories, in which a smart techy teenager hits the jackpot by selling his work to a big Internet company. This is the story of Nick D’Aloisio, the British teen who developed the news syndication app for iPhone – Summly. A little about the teenage millionaire When he was just 15, the young entrepreneur had an idea – to simplify the way of how information is spread across the web. He wanted to build an application, which could show you news or simply articles from many different sources in a convenient way. So, he...

Nat Turner – At Just 24, He Sold His ‘Invite Media’ To Google For $70 Million

This is another motivating story about a guy who started a business at a very young age. The more I read such stories, the more I think that the ways of getting rich are endless. The most difficult part of the process is probably getting started. But there are plenty of ways for this, too… This dude started by breeding reptiles in his bedroom 🙂 and eventually switched to developing websites. I don’t exactly know what the common thing between these activities is, but one thing is for sure – a good entrepreneur can make a profit from anything.  See...

Starting a Business When You Are Disabled – Elchonon Hellinger

This is one interesting and a very motivating story about a business started from scratch by a guy, whose passion and desire overcame the health problems he has had since he was 2. He didn’t have an easy and careless childhood, what many of us had, but this was not an obstacle for him at all to succeed online. It was not easy at all, but he never gave up, and now his efforts have started paying off big time. This is the story of www.thriftycomputer.com and its manager and founder – Elchonon Hellinger. He and his brother has proved...

A History of Tumblr – See How David Karp Founded The Company

Tumblr.com has gained prominence in recent years as a microblogging platform which has allowed millions of people around the world to share whatever they like. The reason for the site’s popularity is that you don’t need to write long blog posts in order to stand a chance of getting noticed. If you take photos then you can share them with the world, likewise, if you find something funny online then again you can share it with the world. This platform originated from one man, David Karp and his lead developer Marco Arment. It was through a lack of patience on...

Lawn mowing business. pic: sxc.hu

Emil Motycka – a Cool Story of a 13 Years Old Entrepreneur

Starting a Business at 13 What did you do, when you were 13? Playing around with the kids from your neighborhood, going to school, doing your homework… Most probably you didn’t take an $8 000 loan and started your own company :). But this is exactly what Emil Motycka did when he was in the eighth grade. He used the money to buy a lawnmower and start his company called “Motycka Enterprises”. Motycka Enterprises The kid was obsessed by the business spirit at a very early age. When he was in first grade, he started selling golf balls which he...

How to Start a Small Business Successfully - pic: dreamstime.com

How to Start a Business – 8 Things That Will Help You

8 Things About How to Start a Small Business Successfully… Plan your business professionally When starting anew, you need to think over some crucial things. Even if one of them being the financial side of things, that is not the only item you can have well-thought of beforehand by doing a good business plan. Even if you don’t need external funding in the very beginning, it is important to have such things mapped out in case you need it. The marketing plan is one of the important elements, too, but the most important thing is to know exactly how your...