Young Entrepreneurs Make Millions Of Dollars At The Age Of 20

The so-called "heroes out of youth".

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

These young people start before the age of 15.

These teenagers

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 was difficult to complete orders, Doherty signed a contract with a 200 - man - sized food processing plant, and the factory made a few days 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 various flavors of jam and strive for a bigger market for "super jam".

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.

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."

Cook brothers and sisters: dreams come true

Nowadays, MyYearbook.com is popular among many young people and has 3 million users worldwide.

Catherine is not worried about the competition from famous social networking sites such as MySpace and Facebook.

Catherine said that the annual income of the website now reaches 7 digits.

In 2005, when the 15 year old American girl Catherine Cook and her 17 year old brother Dave Cook read the high school graduation album, they came up with the idea of moving the memorial album onto the Internet.

So they persuaded brother Geoff to invest $250 thousand to help them establish MyYearbook.com social networking sites.

Although many investors want MyYearbook.com to move its headquarters from New Jersey to New York, and hope to add advertising content to users' personal information pages, Cook brothers and sisters insist on their own ideas and refuse these requests.

In 2006, the website raised from Vc firms to US $4 million 100 thousand. Since then, business has been developing rapidly. The Walt Disney Company, American Broadcasting Company (ABC) and Neutrogena Corporation have become advertisers.

Xinhua news agency, Guo Shuang

Entrepreneurial experience

I'm not driving around in a dazzling car. I'm taking risks.

We must have our own views on adventure and enjoy this journey.

We must break through ourselves and not be afraid of being rejected.

Our website is mainly aimed at high school students, and we listen to their suggestions.