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Posts in ‘Young & Wealthy’

Teenage Girl’s Site Worth Over $1.5 Million

Jun 08

In 2004, at age 14, Detroit native Ashley Qualls launched Whateverlife.com, conceived as a personal portfolio with pictures and graphics she created. Later she offered free MySpace layouts and tutorials for teens who want to learn how to do their own graphic designs and coding.

A quote from Qualls on her Web site says the site’s name means “for whatever life you lead.” read all »

11 Year Old Starts Green Business

May 30

In local news, an 11 year old girl from New Ulm has taken up an unlikely hobby that looks to benefit the environment. 11 year old Kennedi Kokesch makes all these bird feeders with recycled glass. After seeing glass being thrown away, and into garbage bins, at a local business, she had a creative epiphany. Kennedi Kokesch says, ”I asked them is this going to a landfill or are you throwing this away? And they said they’re gonna throw it away, and that just got me interested.”Interested in re-using that glass, to create beautiful and unique bird feeders. read all »

Millionaires And Still In High School

May 21

Previous Lives: High school students
Big Break: Teenagers at the dawn of the social media era
Bottom Line: MyYearbook.com has, at times, grown faster than Facebook or MySpace
Potential Income: up to $300k per year or more

Frustrated by a lack of social media sites strictly for teens, these three siblings from suburban New Jersey hatched a plan around the family dinner table three years ago to put high school yearbooks online. Catherine, the youngest, was only 16 years old at the time. Yet she convinced her older brother Geoff, a 26-year-old Harvard grad, to put up $250,000 from his own fledgling online business — and myYearbook.com was born. read all »

Student Makes $60k In One Day Playing Online Poker

May 20

Texas Hold ‘em exploded as a national sensation in 2003, the year that ESPN first broadcast the World Series of Poker. By now, countless teens and college students have been drawn into the game by the proliferation of Internet gambling sites — there are now 2,400 of them — and the allure of easy money. read all »

8-Year-Old Twins Invent Wedgie-Proof Underwear

May 16

Leave it to 8-year-olds to come up a terrific business idea and invention…a remedy for a problem that most adults probably forgot even existed: the dreaded wedgie.

Jared and Justin Serovich were messing around one day, giving each other wedgies, when mom’s partner joked about the need for wedgie-proof underwear. Little twin lightbulbs must have gone off in the third-graders’ heads, because it wasn’t long before they unveiled the “Rip Away 1000.” read all »

How To Make Money Online With A 13 Year Old Kid

May 12

How many 13 year olds do you know that could write an interesting article, let alone manage a very nice looking blog and keep it regularly updated with interesting material? Well, I can name one. read all »

College Kid Makes $60,000 With Piece Of Paper

Apr 29

Phillip was helping Mike, his dad, clean out the garage when they stumbled onto a new business. Mike knew the idea would work, but it was Phillip that made it reality.

Fast-forward the story two years later and Phillip’s business is selling advertising space on placemats for places in Colorado and Arizona. That means they supply 400,000 placemats with advertising per month. In addition they have created a pizza box lid toppers. read all »

The World’s Youngest Billionaire

Apr 27

Name: Mark Zuckerberg
Age: 23
Fortune: self made
Source: Facebook; Net Worth: $1.5 bil
Country Of Citizenship: United States
Residence: Palo Alto, California
Marital Status: single,
Education: Harvard University, Drop Out read all »

From Couch Potato to Furniture King

Mar 12

lovesac.jpgDescription: Modular furniture manfacturer with more than 50 sales outlets
Founders: Shawn Nelson, 28
Location: Salt Lake City
2004 projected sales: More than $30 million

http://www.lovesac.com/

This entrepreneur started his furniture company on a whim, but this one-time joke biz has become a runaway success read all »

 


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