Sure some of it involves luck but there's no doubt that these following 5 teens are natural born entrepreneurs.
In this list we'll be showing you 5 kids that are self made millionaires.
'Electro Cabello' Kevin MacLeod (incompetech.com)
Licensed under Creative Commons: By Attribution 3.0
5) Ashley Qualls
When she was only 14, Ashley Qualls began teaching herself HTML and decided to launch a site called WhateverLife.com to showcase her design work for interested buyers.
At the time, the site didn't get much at all in the way of traffic.
The following year, Ashley began offering her services to classmates that wanted more personalized layouts for their MySpace and social networking pages.
As traffic grew from word-of-mouth advertising, Ashley joined Google Adsense and took a cut of the advertising revenue.
She started making deals directly for people to advertise their products on her site and at one point her website was getting around 7 million unique visitors a month.
This made Ashley over a million dollars in ad revenue.
At 17 she purchased her own home, however since sites like Myspace have become obsolete so has her website.
She is now a web specialist as thesocialu.com where she helps students ensure their social media profiles and related online content are optimized for college and graduate school admissions as well as internships and employment.
4) Fraser Doherty
Fraser Doherty began his road to riches at the age of 14, using his grandmother’s recipes to make homemade jam.
He started to sell his jam to his neighbors in Edinburgh, Scotland, and by 16, he’d created a huge demand for the stuff by tweaking the recipes on his own and figuring out a way to make jam from 100% pure fruit.
He called his pure fruit jam “SuperJam.”
Business picked up so well that he dropped out of school to work full time, and he was soon after approached by a Waitrose supermarket chain in 2007.
Waitrose stocked his SuperJam in all 184 of its stores and it didn't take long until his product was in over 2,000 stores from various supermarkets.
In 2009, Fraser hit $1.2 million in sales, and he also published a book called “The Superjam Cookbook,” available for sale through Amazon.
3) Cameron Johnson
It looked like Johnson had always had a knack for business.
When he was just 5 years old he would go door-to-door selling vegetables and at the age of 9 he had already started his own greeting card company called Cheers and Tears.
At 12, he began buying and selling Beanie Babies at the height of their popularity and after the Beanie Baby business slowed down, Cameron took $50,000 he had earned and started My EZ Mail, a confidential e-mail forwarding service.
Finally, he started an internet advertising venture called SurfingPrizes.com and by 15, Johnson was making nearly $400K a month.
By college, Johnson had started another site called CertificateSwap.com, which he later sold in a six-figure deal.
Now at age 27 he owns and runs MillionaireSecrets.com an online community giving entrepreneurs the resources they need to start, grow, and profit from their business.
2) Robert Nay
Robert Nay is a bit of a child prodigy.
At 14, he had no coding experience and taught himself everything the old-fashioned way by reading books.
In one month, Robert already had 4,000 lines of code written for his game Bubble Ball.
Once finished, he published the game on Apples App store as a free download.
In just two weeks the game had over a million downloads and Bubble Ball would eventually dethrone the insanely popular Angry Birds as the most downloaded game in the free app store.
Over one two week period, the game would earn Robert nearly $2 million.
1) Dominic McVey
He's from London and started his first business at the age of 13, importing micro-scooters from the United States into the United Kingdom.
The story goes that one day while he was searching for credit card Visa on the internet, McVey mis-spelt it and came across Viza which are collapsible micro-scooters that were being sold in the US.
He raised the cash to buy five scooters by organizing under 18s discos, trading in stocks and shares using his dad’s credit card and selling mini disc players from Japan.
He easily flogged the five scooters to friends and family, the next week he sold 10.
Winning the European distribution rights for the scooters meant that two years later he’d sold 11 million units.
By the time he was 15, he was a self made millionaire.
Published 12 months ago
Tagskid millionaires teen millionaires rich kids young millionaires Ashley Qualls WhateverLife.com thesocialu.com Fraser Doherty SuperJam The Superjam Cookbook Cameron Johnson Cheers and Tears My EZ Mail SurfingPrizes.com CertificateSwap.com MillionaireSecrets.com Robert Nay Bubble Ball Dominic McVey Dominic McVey scooters