Saturday, October 3, 2009

Self-made Millionaires at 18. No kidding!

I recently read a really mind-rattling article on self-made teenager millionaires! Really! And there are cases, where kids have retired before graduating from high-school!

Here is my little thesis about these brave-heart mavericks who did something different, something different than the rest.

A pattern I observed while reading the article: Out of a list of 25 teenage entrepreneurs, 23 of them made their fortunes off the internet. The two-steps on the ladder common to all of them; can seem as simple as they sound.
(1) Coming up with their own websites & (2)getting high-volume traffic.
The first bit is the easier job. However, effective marketing, PR prowess and quality material make up for getting the high-volume traffic. These kids - can we call them Kids? - have shown extreme levels of intellect and talent, combined, by mastering the marketing aspects of business.

High viewership is directly proportional to the advertising revenues generated. Mind you, the Indian Premier League runs on this very blue-print. Its average viewership per game is 5million people. And thanks to even this tiny a fraction of the World's population, the IPL is Rs 10,000 Crore business!

So getting back to our topic of discussion. Honestly, when I read the article, I did feel a little jealous (what to do? Human nature, right?) of these Warren Buffetts and Bill Gates' in the making. But at the same time my positive genes showed up too, and I couldn't stop appreciating these people nor could I stop feeling inspired by them.

On this little note, I'll leave you with the Sound of your Thoughts... the trick is, recognizing the inspirational ones, working on them, and doing what is different from the rest - further becoming an inspiration to others.

PS. For all of you'll wondering about the article I have been rambling about all this while, here is the link:
Top 25 self-made Teenager Millionaires

PS-2. I was most impressed by the last person on the list, Sean Belnick. Who did something even further different from the trend.. yes, he started a website too, but made money by e-dealing in office furniture. Unlike the rest - mind you, brilliant people all of them - who used the text-book formula provided by Google, the Google AdSense and made their millions.


  1. Inspirational......definitely for a person like me :)

  2. hmm...

    An idea can change your life!!! :)

  3. haha... AWESOME!!! :) :) really....

    now that's better than the stock market and the economic crisis :P

  4. @dezine zync - sure man, world's yours to conquer!

    @ma la - ok. Umm. ?

    @Soumya - I still prefer stocks and the economy :)

  5. yeah... :D tell me when you own wall street. I'll ask for payment for the blog work then :P

  6. "self-made millionaires at 10,9,8,7....all a film documentary ''The YES Movie'', some young entrepreneurs today
    start their own business at age of nine and made their first million at 14.

    www.TheYESmovie.comby Louis Lautman"

  7. @anand : mine to conquer and ours to rule