TOP 10 Young Successful Entrepreneurs

INTRODUCTION 

Since the dawn of man, every generation has had its share of successful young entrepreneurs, from agriculturalist Eliza Lucas Pinckney (1800s) to Apple founder Steve Jobs (1900s). It's no surprise that Millennials, also known as Generation Y, have done the same, making their own income in innovative ways. For many of these bright stars, that means pursuing entrepreneurship to leave their mark on the world.

TOP 10 YOUNG ENTREPRENEURS IN THE WORLD

1. Hart Main:

After taunting his sister about the girlie-scented candles she was selling for a school fundraiser when he was 13, Hart Main came up with the idea of macho-scented candles. Hart didn't think twice about what he said in jest until he went out to buy a $1,500 bike.

Hart and his parents put in small amounts of money to start the business, and they collaborated to create the ManCan candles. ManCan candles, which come in aromas like Campfire, Bacon, Sawdust, Fresh Cut Grass, and Grandpa's Pipe, were created utilizing soup cans with a basic and masculine motif.

Hart's candles may be found in retailers around the country, with yearly sales topping six figures. Hart provides a portion of each sale to community kitchens in Ohio, Pennsylvania, West Virginia, and Michigan.

2. Charlotte Fortin :

Charlotte was a recent high school graduate who chose to start her own firm, Wound Up, after following in the footsteps of her father and grandfather. Wound Up, a women's clothing store aimed at ladies between the ages of 18 and 40, was inspired by certain small and eccentric stores in California.
Blouses, shirts, skirts, and dresses are among the store's offerings. Starting a business, according to Fortin, forced her to mature and become much more responsible and conscious.

3. Caine Monroy :

Caine Monroy started his own improvised cardboard arcade inside his father's East L.A. auto parts store when he was nine years old. The arcade's sole client, inspired by Caine's brilliant ability to build something from nothing, decided to create a buzz in the hopes of generating money for Caine's college fund. He shared a short film on social media, and Caine's Arcade quickly gained international attention, with stories appearing on ABC World News, Good Morning America, and MSNBC.

Customers queued for four hours or more due to the movement, outnumbering the auto parts store's capacity. The exact amount Caine's Arcade made is uncertain, but the scholarship fund received more than $200,000. Caine's Arcade sparked a movement that resulted in establishing the Imagination Foundation, a non-profit organization dedicated to encouraging children's creativity and entrepreneurship. Most importantly, Caine's Arcade sparked an entrepreneurial spirit among children all across the world.

4. Jack Kim :

ack Kim founded Benelab, a search engine that produces donations when he was a teenager in Seattle. Kim has previously created search engines and quickly realized the value of a search engine in producing cash from low traffic. The search engine's objective, according to Kim, is to "make charity easy and more accessible." Kim enlisted the help of students to form a team for his "nonprofit company with a startup atmosphere." Benelab is the first search engine to contribute 100% of its advertising earnings to charity.

5. Willow Tufano :

When the crisis hit Florida hard, and houses that had sold for $100,000 were now being auctioned off for $12,000, Willow Tufano, then 14 years old, decided to take advantage of the opportunity to buy a house. She approached her real estate mother with the notion of buying a house, and she received her mother's full backing. Tufano was no stranger to the world of real estate, as one might expect. She made money in the past by clearing out abandoned houses and selling the remaining property on Craigslist.
Willow bought a house for $12,000 with the support of her mother, remodeled it, and rented it out for $700 per month in less than a year. That's an impressive payback period of just over a year.

6. Garrett Gee :

When the iPad 2 was set to be released, Garrett Gee turned a fortuitous hunch into a business opportunity. Garrett, then a university student, predicted that after the iPad 2 was released, someone will write a blog post listing the top 10 apps for the device. After seeing that QR code software and apps should be easier to use and less clunky, he made it his aim to be the first to offer such a solution for the iPad 2.

He swiftly put the iPad 2 into the hands of his iOS developer, and he had accomplished his aim after two sleepless nights. His hunch about the blog article turned out to be true as well. He made it onto that list as a result of his hard work.

In February 2011, he enlisted the help of two classmates to create Scan. Scan received $7 million in funding from Entree after being rejected by Shark Tank venture capitalists. Gee sold Scan to Snapchat for $54 million in 2014.

7. Cameron Johnson :

Cameron Johnson began designing invites for his parents' holiday gathering when he was nine years old. Johnson had made thousands of dollars selling cards through his company, Cheers and Tears, two years later.

He bought $100 for his sister's 30 Beanie Babies when he was 12 years old and sold them on eBay for ten times what he paid. In less than a year, he made a $50,000 profit by purchasing the dolls directly from the maker. He invested the money in an Internet firm that brought in $3,000 in advertising revenue every month. By the age of 15, he had established other firms with monthly sales ranging from $300,000 to $400,000.

8.Catherine Cook :

Catherine Cook, 15, and her brother, who is eleven years older, were going through a yearbook when they came up with the idea of creating a social networking website based on an online version of a person's yearbook. She established MyYearbook after taking inspiration from her brother, who had successfully launched firms EssayEdge.com and ResumeEdge.com. MyYearbook later merged with an ad-supported website that allows users to create and take online quizzes.

The site has raised $4.1 million in venture capital funding by 2006. The site swiftly rose to prominence, attracting millions of visitors, millions of users, and advertisers such as Disney and ABC.

9. Ashley Qualls :

Qualls' adventure began with an investment of $8 and ended with her earning more than $70,000 each month. People complimented Qualls on her MySpace profile designs while MySpace was hot. She sold the designs online, which helped her reach a monthly revenue of $70,000 and a monthly visitor count of seven million. She made so much money that she quit school to focus on her business full-time. She was offered $1.5 million for her company, but she declined.

10. Fraser Doherty :

Doherty began making jams using his grandmother's recipes when he was 14 years old. As word spread, he began to receive more orders than he could handle. He dropped out of school and worked a few days a month in a factory. In 2007, Doherty was approached by a high-end British supermarket about selling his jams, which led to his products being placed on the shelves of 184 locations. His company had made $750,000 in sales by 2007. His company has continued to expand throughout Europe since then.

Conclusion :

Entrepreneurship is not a one-size-fits-all undertaking, as these young people's stories demonstrate. It entails believing in the potential of ideas and following them beyond concept development and ideation. Family, academics, societal trends, and events motivated these young entrepreneurs, but they all had one thing in common: they saw an opportunity and took it. And it is the entrepreneur's spirit.