The idea of a teenage millionaire isn’t all too rare when you think of all the young people in the entertainment industry. If a kid has the indescribable variable” before they are even teenagers they can quickly be making millions. What does appear to be rarer is the concept of the self-made millionaire that is the teenager.
You hear all sorts of stories of a kid building a little business to generate income, however, that is usually to save for school; once it’s time for faculty, the company selling cookies or an odd commodity is put on the backburner for enterprises that are more stable and profitable. Not many of these young entrepreneurs begin to see the type of success that leads to a million to multi-million dollar payday.
Their hobbies as teenagers turned into million dollars plus livelihood.
Nick Tart and his business associate are just 22, nevertheless, they’ve already become specialists in Generation-Y entrepreneurship.
After interviewing 25 self-made 6-figure teen entrepreneurs, the pair authored the novel: 50 Interviews: Young Entrepreneurs, What It Takes To Make More Than Your Parents. What they found is that all of the entrepreneurs shared a lot of similar traits.
These children were lemonade stand sellers on steroids, hustling classmates in elementary school and staying in to focus on their companies. Here is what separated their other, average classmates and these successful teenagers.
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