teenage entrepreneur millionaires

10 Remarkable Teenage Entrepreneur Millionaires

Teenage entrepreneur millionaires are rocking it. Gone are the days when teenagers’ main drive was attending college or university, so they could get a decent job. Many teenagers these days are jumping on the entrepreneur millionaire bandwagon. They’re not just going for the ride to view the scenery either. They’re serious about becoming successful. These young entrepreneurs are examples for you to follow if you want to make it to the top.

Establishing and running a successful business is the way forward. Working the 9 to 5 weekly routine will not make you a millionaire. Unless you work your way up the corporate ladder and become a successful CEO of someone else’s business. But why do that when you could become a millionaire of your own business?

Take inspiration from these 10 teenage entrepreneur millionaires…

 

  1. Cameron Johnson

Cameron’s life changed when his parents asked him to design the invitation cards for a party they were planning. He did such a good job; the neighbors paid him to do other types of designing jobs. He created his own customized line of greeting cards, Cheers and Tears and made several thousand dollars by the time he was 11.

He invested the money he earned from the greeting cards into starting an online business, SurfingPrizes,com. This pay-per-ad toolbar service generated $300,000-$400,00 per month. Cameron made an estimated $1 million before he left school.

 

  1. Nick D’Aloisio

Can you imagine creating a smartphone app in your spare time and a massive company like Yahoo buys it for $30 million? That’s what happened to Nick. He had no idea when he taught himself to code at 12, that he would end up a millionaire. This is an amazing life-changing story.

This is Nick’s advice for wannabe developers. “If you have a good idea, or you think there’s a gap in the market, just go out and launch it because there are investors across the world right now looking for companies to invest in.”

 

  1. Adam Horwith

Adam had a huge goal when he was 15. He wanted to be a millionaire by the time he was 21. His many attempts (30) at startup websites failed. He didn’t quit, however. And, finally, Adam hit the jackpot when one of his ventures became successful. Mobile Monopoly is an online course. It teaches people how to generate mobile marketing leads and make money. Adam made a whopping six-figure profit from that venture.

He took it further and created other online courses. Each course made him six figures. Adam achieved his goal and made his dream million before he turned 18.

 

  1. Christian Owens

Can you believe a 14-year-old could teach himself web design and make his first million before he was 16? This young boy did. Steve Job inspired him to start his own design company, Mac Bundle. His negotiation skills paid off after he contacted several manufacturers and distributors. He offered them bundle application packages for Mac OS X and made millions.

 

  1. Emil Motycka

It seems a simple task like mowing lawns can make you millions. Emil started a lawn mowing business at just nine years old. He was a focused entrepreneur with success in his mind. When he was 13, he took out a loan to buy a commercial lawn mower.

At 18, he established his business Motycka Enterprises and made more than $100,000. Emil’s business grew and he went on to make millions after that.

 

  1. Adam Hildreth

By the time Adam was 16, he was a millionaire. He achieved this by creating a popular social network in the UK, Dubit, for teenagers. It was one of the most visited teen websites in the UK. Coca-Cola set up focus groups with members of the site to help market their products to the youths.

Adam made the UK’s top 20 richest teenage list in 2004. His net worth was £2 million.

Adam was impressed with the way it grew and wanted to do more to help his peers. So, he created Crisp which is a site aimed at protecting children from predators roaming online.

 

  1. Leanna Archer

This shrewd girl started her entrepreneurial journey at a young age. At 9 years old, she launched her own natural hair care products. Her secret recipe was handed down from her great-grandmother in Haiti. Leanna kept the recipe going and made hair pomade, oils and conditioners. It started when friends, neighbors and people she met wanted to know what she used in her hair.

She gave out samples in Gerber jars. Her venture took off and she was interviewed by the local newspapers. She became known. People handed her money for hair products. Leanne did extremely well and received over 350 online orders each week.

She made more than $100,000 every year. She’s worth more than $3 million.

 

  1. John Magennis

It seems web design businesses started by teenagers are booming. John started his business in his bedroom with a small investment. He taught himself how to build websites and design. He sold his services online for a few dollars. He was only 14.

Because of the professionalism of his work he became well known in the industry. He charged $15 for each site and eventually raised it to $30,000. John made his first million by the time was 16.

 

  1. Farrah Gray

He was raised on the poor side of Chicago. To make some extra cash Farrah sold body lotion and hand-painted rocks as bookends when he was just 6 years old. He had a big vision at 7 and his business cards read “21st Century CEO.” Amazingly, when he turned 8 he was the co-founder of Urban Neighborhood Enterprise Economic Club (U.N.E.E.C.) on the Southside of Chicago.

He established his business Farr-Out-Food at 13. The business produced orders worth more than $1.5 million when he turned 14 years old.

Farah made history as the youngest self-made millionaire at 14 years old. He was the youngest person to receive an honorary doctorate and to have an office in Wall Street.

 

  1. Elise and Evan MacMillan

Teaming up with her grandmother as a 3-year-old toddler to make candy paid off for Elise. She made Rice Krispie Treats in the kitchen with her grandmother. After that, she experimented with different types of chocolate chips and confections.

Her entrepreneur skills continued and at 10. She worked with her brother in a commercial chocolatier. They then went on to establish their farm-themed company Chocolate Farm. From there  they developed bespoke chocolate and candies for businesses. Their company grew rapidly and they employed 50 staff.

 

“Put your heart, mind, and soul into even the small acts. This is the secret of success.” Swami Sivanada

 

 

These successful teenage entrepreneur millionaires had optimistic mindsets. They knew what they wanted. Although for some it was not plain sailing. However, they didn’t quit.  They worked hard physically and mentally to get to where they wanted to be. The takeaway lesson is, life is what you make it. If you want to succeed, take steps towards building a successful lifestyle. Do whatever you need to get there. If you fall along the way, pick yourself up, learn from your mistakes, start again and keep going till you get to your destination. Never ever, quit.

 

business blog

5 Reasons Why it’s Essential to Have a Business Blog

Are you aware of the power of blogging to grow your business? Having a business blog is a must if you want to grow your business. According to statistics, B2B marketers who blog attract 6% more quality leads compared to those that don’t blog. Blogging gets you noticed and increases your ROI (return on investment). Even B2C business benefits from having a blog. Use it to attract the right audience who will potentially become customers.

 

  1. Customers search online before deciding to make a purchase

Your business blog is your online presence, reaching millions of people worldwide. It influences buyers. Before buying a product or using a service, consumers search online, read blog posts, reviews, case studies and more.

Consumers read blogs to obtain more details about products or services before they buy. This is a popular method they use to help make a decision. The content may well inspire them to take action. In addition, some will use it as a guide because there are many options available to shoppers these days.

Your business blog is a great way to influence buyers to choose you over your competitors.

 

  1. Blogging will help promote your brand

Promote your brand by producing high-quality content tailored to your target audience. When readers constantly read content that’s informative, useful and valuable, they will come to trust you. That trust will eventually build up a solid relationship between you and them. Therefore, when it comes to buying your product or service, they will do it gladly.

Deliver the latest trending industry news. Become the authority in your industry and attract potential new customers. They will see you as the one to go to for the latest information. Always be one step ahead of your competitors. For example, if you have a hairdressing business, attend hair show events; find out about the latest colors for the season; demonstrate the latest trending hairstyles. Your customers will love you because you will be the leading salon and they will be wearing the latest look.

 

  1. Use your blog to show customer loyalty

A happy customer is a returning customer. In addition, it’s easier and cheaper to keep an existing customer than to gain a new one. Current loyal customers buy more which boosts your profits.

Treat your customers with love and respect. Give them rewards for being loyal. First, get to know their likes and dislikes by conducting surveys, speak to them; invite them to send their snaps on Snapchat. Turn their snap stories into a blog post.

Featuring a customer in a blog post will make them feel appreciated. Moreover, publish their case studies on your blogs. Ask them to review your products for a blog feature and give them a free sample for doing so.

Loyal customers will increase your customer base by word of mouth. Personal recommendations are the best types of adverts and it won’t cost you any money.

 

  1. Blogging is a valuable marketing tool

Your online presence will take your business national and global, not just local. Reach out to more customers with your blog. This is an inexpensive way to attract potential customers. But make sure you supply fresh content regularly. Creating an editorial calendar will help. Plan how many posts to write each week and decide on the topics.

Find out what your customers are looking for. Give it to them by means of content on your business blog. Answer their questions and keep connected with them on social media.

Promote your blog posts on social media by sharing the latest posts. It’s also a good idea to share older posts every now and then for your newer readers.

Shout out about new products and services in your posts. Offer discounts, competitions and giveaways. Announce the latest industry news.

Submit your business blog URL to the search engines such as Google, Yahoo, Bing and Technorati.

 

  1. Boost search engine ranking with your blog

Fresh high-quality content will rank high in Google. Regular blogging will make search engines index your content. When you write a new post you are telling the search engine that your blog is active. This increases your chance of showing up in Google and other search engines.

The more you produce new content, the more chance of new visitors finding your business via your blog. Use relevant keywords in blog posts to attract potential customers searching online for products or services you offer. Every potential customer is a possible lead. And leads can turn into customers.

 

To conclude, when you take the time to publish high-quality content that resonates with your target audience, your brand will become known. Blogging is one of the most powerful tools you can use to engage with customers. In addition, your business blog will influence customers to buy from you. Can you afford not to blog for business?

data security

Protect your Business: 4 Data Security Trends You Should Know About

Data security trend is on the increase. In 2015, there were substantial data breaches across the globe. Members’ private data was stolen from LinkedIn, Ashley Madison, major banks and other organizations. The cost was a whopping £3.79 million, according to the Ponemon 2015 Cost of Data Breach Study. What are the implications for your business or as an individual? You have to be vigilant to protect your data.

With the advancement of technology, cyber criminals have become more advanced. They’re developing  clever tactics to outsmart security measures.

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Entrepreneurs

10 Young Entrepreneurs who Made Millions Before They Turned 20

Some entrepreneurs earn millions from their businesses. This is nothing unusual. However, earning millions before you leave your teens and hit the age of 20 is exceptional and rare. Most teenagers are busy studying hard at college or university to earn qualifications for their future. Others are starting out on the career ladder gaining relevant work experience. On the other hand, a few who are driven to succeed have big dreams. They aim for the moon and land among the stars leaving the less ambitious floating on the clouds.

So, why are the teenagers who are earning millions flying high? First, they have a vision, dream big, listen to valuable advice, take risks and work towards fulfilling their goals.

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Snapchat

How to Use Snapchat to Grow Your Business

Snapchat is absolutely amazing. It’s definitely one of the latest craze (even though it’s been around since 2012) that’s going viral. Most people use it for fun. But you can use it to set your business apart from other businesses.

What is this craze that’s taken the world by storm?

Snapchat is a mobile photo-messaging app. Users capture the moment in short videos and photos and share it with snapchatters. You can view live stories around the world, catch up on the news and read magazines in Discover on Snapchat.

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Instagram

Tap Into the Power of Instagram to Grow Your Business

Instagram is rocking the social scene with more than 500 million monthly users. On top of that, there are 300 million daily users, 95+ million daily posts and 4.2 billion likes daily. (Source) Instagram has more monthly advertisers than Twitter and ranks second after Facebook.

Instagram

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5 Business Apps to Reduce Stress and Save Time

Running a business can take its toll on you. It requires a lot of work, time and effort. You have many tasks fighting for your attention. Thank God for technology. Business apps are here to make your life much easier.

Let’s look at some of the top recommended apps to take the stress, manage your time and boost productivity.

  1. Good old Skype. This app is wonderful for communicating with new or potential customers. It’s ideal for holding team meetings, dealing with overseas partners, securing new business deals or holding a video conference.

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business failure

How to Prevent Business Failure and Be successful

Like I said in my article last week, a high percentage of startups end up in the business failure heap. Therefore, if you want to avoid being one of the statistics, take action. You didn’t start your business for it to fail. So, intentionally work on it. Plan, be organized, run it as a pro, and you will succeed.

Let’s look at some strategies you should put in place for a successful business.

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business skills

Valuable Business Skills You can Learn From a Baby

Are babies and business skills connected? At first glance, it may seem that they’re miles apart. For a start, babies are innocent little dears, without a clue about business. That may be so. However, knowledge is available everywhere, even from a baby. Watch their behavior closely and you’ll see the connection. They have amazing skills you can adapt to help develop your business. Read on to find out more…

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Business failure

5 Warning Signs You are Heading for Business Failure

Unfortunately, according to the Small Business Administration, 50% of startups will face business failure within the first five years. No entrepreneur intentionally starts a business with the intention of it failing. Those who make it have the knowledge, skills, strength of mind, and will do whatever it takes, to create a successful business. Nevertheless, others will treat their business like a glorified hobby and expect it to succeed.

Starting up and running a business is not for everyone. The statistics of failed businesses are alarming. If you want to be fruitful, there are pitfalls you must avoid to reach your goal.

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