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    Young Entrepreneurs Make Millions Of Dollars At The Age Of 20

    2010/10/12 13:35:00 98

    Venture Magazine Assets

    October 12th, the so-called "hero out of youth".

    American Forbes

    Magazine

    The website introduces 4 successful young people in the United States and Britain.

    These young people start before the age of 15.

    Entrepreneurship

    Before the age of 20, personal assets exceed US $1 million.


    The common sense of these young successful people is their keen sense of business and the boundless drive to turn their ideas into reality.


    Doherty: enjoy adventure


    In 2002, Fraser Doherty, a 14 year old boy living in Edinburgh, England, liked to make jam at home with her grandmother's recipe.


    Neighbors and friends praised Doherty's jam.


    Soon, Doherty received the first order of jam.

    Because family production is difficult to complete the order, Doherty signed a contract with a 200 person scale food processing plant. The factory took a few days a month to make jam for him.

    At the age of 16, Doherty chose to give up his studies and devote all his time to his jam business.


    At the beginning of 2007, Waite Ross (Waitrose) supermarket approached Doherty, hoping to sell his "super jam" product.

    A few months later, "super jam" began to appear on the shelves of the 184 chain stores of the company.

    Since then, Tesco, a British retail giant, has bought "super jam" and sold it in its 300 chain stores.


    At the same time, Doherty worked hard to develop a variety of jam, and strive for "super jam".

    market


    In 2007, sales of "super jam" amounted to $750 thousand. In 2008, it was expected to sell 50 thousand cans of jam in the month, and the annual sales volume would reach $1 million 500 thousand.


    Doherty, 19, has more than $1 million in personal assets.


    Johnson: breaking through himself


    In 1994, Virginia Cameron, the boy who lived in the United States, started his first business in life, an invitation to a holiday party for her parents.

    At that time, he was only 9 years old.

    {page_break}


    At the age of 11, Johnson saved thousands of dollars by selling greeting cards and named his company "joy and tears".

    At the age of 12, Johnson spent 100 dollars to buy a full set of 30 "bean dolls" accumulated by his sister, and sold the doll made by these TY companies through the "eBay" website, earning 10 times earnings.


    Johnson sniffed business opportunities, then contacted TY company to bulk purchase "Doudou baby", and sold it through "electronic harbor" and "joy and tears" company website.


    Johnson accumulated $50 thousand in less than a year.

    Later, he used the money as a principal to create a MyEZMail mail service system that could keep confidential personal information for his customers.

    Two years later, MyEZMail month gained 3000 dollars.

    In 1997, Johnson and two other young people co founded Surfingpries network advertising company to get huge profits.


    Johnson, 23, said: "before I graduated from high school, I had more than 1 million dollars in assets."

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