Example Of Successful Entrepreneurs Who Started As Teenagers

Mark Zuckerberg is the co-founder of Facebook who started it in 2004 along with his classmates Dustin Moskovitz, Eduardo Saverin, and Chris Hughes when they were studying at Harvard University. There are more than 400 million users internationally. His personal wealth is estimated to be around $13.5 billion in 2011.

Black Aaron Ross: founder of Mozilla Web browser

Black Aaron Ross is an American software developer, was born on 12, June 1985. He is the founder of Mozilla Web browser. He is the youngest website developer in the world and created his first website at the age of 10 and started programming when he was only in middle school. While doing his internship at Netscape at the age of 15, he co-founded Mozilla Firefox with Hyatt.

Alexa Von Tobel: Founder of LearnVest

Alexa Von Tobel is another remarkable young entrepreneur who is the founder and CEO of LearnVest.com. LearnVest is a website for women that help them in managing their personal finance. The main idea behind this website or business is to help women in managing their personal finance because normally women are not used to have any formal education on managing their personal finances.

Fred De Luca

In 1965 Fred De Luca borrowed just $1,000 to start the now-famous Subway Sandwich Restaurant. Fred was only 17 years old when he decided to be an entrepreneur, and he started the restaurant as a way to earn money for college. Since opening the first shop in Boston, the chain now has 32,401 locations and makes over $9 billion in sales yearly. Fred and his co-founder Peter Buck have also founded Franchise Brands, a resource to help franchisors and entrepreneurs grow their brands.

Matt Mullenweng

Matt Mullenweg is another software developer who found success at a very early age. When Matt was 19, he started WordPress. Since then the software programmer started Automattic, which has two flagship products Akismet, a trap for site comment spam, and WordPress.com, the hosted version of the open source WordPress software. Since founding Automatic, the company has raised over $30 million dollars and owns some of the most popular software on the Web.

The entrepreneurial revolution simply means, a wide spread of thinking like entrepreneurs. President of Rwanda described entrepreneurship as ”the surest way” for Rwanda and Africa to develop.

What will bring about and sustain the entrepreneurial revolution are individual passion and drive, and government support and facilitation of entrepreneurship. Individuals must envision and then pursue their entrepreneurial future.

Governments must shape a conducive business environment in terms of infrastructure, the legal framework, financial assistance, and vocational and technical education. This is vital because a large young adult population unable to find employment can lead to political unrest. This has proven to be the case recently in, for example, Egypt, Nigeria, etc.

The following can be done to empower teenagers in the area of entrepreneurship in different areas and levels.

Establishment of teen development centers that will provide:

  • Training: including entrepreneurial studies in school curriculum.
  • Free vocational and technical education in teen development centers.
  • Providing the required financial assistance and support for teenagers
  • Teenage entrepreneur awards and recognition to teenagers who are successful entrepreneurs to encourage others.
  • Mentorship/ Guidance programs to monitor their progress
  • Free workshops/ seminars offering teens forum through which they can share their ideas and goals and dreams.


  • Art and Crafts: for those who are creative with their hands. You can draw, paint, weave, etc.
  • Making and designing accessories/ jewelries: Making beads and other accessories that can be worn or used to
  • Making candles: this is a simple procedure that can be done by any teenager and it has a viable market.
  • Blogging: For the teenager who is internet aware. Blogging about any subject that one is passionate about is a good source of income.
  • Web designs: There are many do it yourself sites on the internet today. A teenager can learn this art and make money from it.
  • Tie and dye material production.
  • Baking
  • Freelance writing, presenter,

Teenagers must realize that they are their own liberators. They are entitled to assistance from others in terms of inspiration, models, and funds, but must find their own way, and take control of their own destiny.

As individuals, teenagers must forget their fears of the risks associated with entrepreneurship. They must recognize that the biggest risk they take is to be afraid to take a risk on themselves, their future, and their talents. Teenagers must also go beyond any mindset of dependency. They must be self-motivated and self-actualized. They must get beyond a consumer mentality and develop the mindset of an entrepreneur, of a creator of goods and services.

These will help prepare them for the future. With the rate of job insecurity as well as unemployment in the country regularly on the increase, tomorrow’s leaders need to be maximally empowered to face the future. This can only be effectively done via Entrepreneurship awareness.

Peter Osalor is a multi-skilled director, chairman of trusts, proprietor and consultant. Peter Osalor has been a successful entrepreneur since 1992 when he formed Peter Osalor & Co and which has since grown to a very large client base with a turnover of millions. He is currently a fellow of the Association of Chartered Certified Accountants (ACCA) and the Institute of Chartered Accountants in Nigeria (ICAN). Peter is also a member of the Chartered Tax Advisors and the Chartered Institute of Taxation in Nigeria (CITN).

He is a business mentor for Princess Trust in the UK. He is a member of the Inter Governmental Committee of ICAN and also a member of BCBC, which represents Black Church Membership of Christians whose responsibility is to ensure that the Christian businesses are not left out in the business opportunities arising from the 2012 Olympic Games In London.

Currently he is one of the professionals behind the Entrepreneur Revolution and Africa Entrepreneurs ([http://theafricanentrepreneurs.com/]). His TV program called success in your business ([http://www.successinyourbusiness.com]) has become a massive hit in Nigeria

Article Source: https://EzineArticles.com/expert/Peter_O_Osalor/415344

Article Source: http://EzineArticles.com/7082855

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