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    Young Entrepreneurs Created By Internet

    2009/5/12 0:00:00 22

    The technology industry is a young industry.

    Internet search companies such as Google (Google), computer retailer DELL (Dell), social networking site Facebook and so on are all founded by young college students in dormitories.

    Perhaps the reason lies in the vitality and unrestrained combination of young people, but Calum Brannan (CalumBrannan), Adam Hildreth (AdamHildreth) and Mike Welch (MikeWelch) belong to the generation that grew up with the Internet.

    They have great ambitions for their new Internet Co in the UK.

    Even though it is measured by the general standard of the industry, bran Nan is young in starting his own technology company.

    When he started a social networking site at the age of 15, he started his social networking site in PPLParty.com in his own bedroom in Coventry. Bran was only 15 years old and was going to get the GCSE.

    In fact, strictly speaking, at that age, he could not even enter the clubs that his website was concerned about.

    "Social networking sites are becoming more and more popular. My friends and I feel that we can build our own website," he said.

    I've always been a geek in school, so I built it. "

    After the completion of programming in Brandan, let friends register.

    Despite the dominance of MySpace and other websites at that time, Brandan felt that the website focusing on club activities was a neglected subdivision market where people could share photos of nightlife and interactivity information.

    Brandon invested 200 pounds in PizzaHut, and printed some website leaflets to distribute in downtown Coventry.

    But that was the last marketing capital he invested in: the PPLParty website expanded rapidly through word of mouth, and now has 332 thousand members.

    Although the audience figure is negligible compared with MySpace, Bebo and Facebook, it is enough to attract cooperation between YAHOO (Yahoo) and Hotxt and PPLParty websites.

    Hotxt is a short message company invested by Doug Richard (DougRichard).

    Richard was also one of DragonsDen's first presenters and served as chairman of LibraryHouse, a data provider of venture capital.

    PPLParty.com earned enough money from advertising revenue to hire 3 full-time employees and some outsourced developers.

    Bran Nan, 18, has left school and devoted himself to the company's business.

    He has not yet received his salary, but has bought himself a iPod with the company's profits.

    Brandon Brennan has also received some angel investment, and is now looking for venture capital assistance - 200 thousand to 400 thousand pounds - to accelerate the implementation of the existing plan and find new ways to cooperate with the club, including providing a list of clubs by postcodes, providing tickets for members without queuing, and holding PPLParty members' members only night.

    Bran Nan, wearing short sleeved shirt and tie, looks like an ordinary teenager, but he is eloquent. He is obviously not shy when he introduces to investors.

    The ability to get along well with Brandan and his older mentors played a vital role.

    He negotiated with Hotxt and hoped that PPLParty users could get free SMS service, which attracted Richard's attention.

    Richard encouraged him to seek investors and seek business development.

    "It's great to work with people who understand the industry," Brandan said.

    I like doing things through relationships. "

    Building a relationship network is also another basic skill of young technology entrepreneurs: Hildreth.

    At the age of 14, he founded Dubit, a teenager chatting website. He left school at the age of 16 to develop the website into a sound enterprise. In the process, Hilde Lei became the youngest managing director in Britain.

    This website has developed into a youth marketing consultancy company to help other enterprises understand how to develop the youth market.

    Hildreth later sold his stake in the company and put an estimated 5 million pounds into the bag, and then created a new business, CrispThinking, which aims to provide Internet service providers with child protection technology.

    Hildreth ranked twenty-eighth in the list of hundreds of young billionaires in the SundayTimes on Sunday. In 2006, he was named CBI's "YoungEntrepreneuroftheYear".

    Hildreth, now 22, said it is very important to gather an experienced team, such as the introduction of Andrew, AndrewBurke, 46 years old (CrispThinking).

    Burke founded a series of enterprises and served as chief executive of BT Entertainment Department.

    "I will not pretend to know all aspects of the business - I will seek professional help.

    But I know a lot about the target market, so I won a lot of respect.

    Hildreth and bran Nan both learned from their mentors and learned from their peers' circle of experience in market research, which benefited them greatly.

    Brandan said: "I always bribe my friends with pizza, let them come over to chat, get the good idea of their website from them."

    Hildreth said: "do not let friends know that you are using them, but you have to use them to understand their likes and dislikes."

    Slater, a sociology lecturer at London School of Economics and Political Science (LondonSchoolofEconomics), said that young entrepreneurs do not have family responsibilities and financial burden, so they can often take greater risks. (DonSlater)

    At present, he is hosting a project to study entrepreneurial change. He said: "many of them talk about entrepreneurship as if they were on vacation:" let's try.

    The risk does not seem to be very high.

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