TEEN CAPITALIST
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Teen Capitalist hopes to provide inspiration for
teenagers that are interested in business or
entrepreneurship. Teenage Capitalist, looks to provide
articles, success stories and information about business
strategies. In addition, profiles of other teenagers
that have started their own business and discussion
forum for all young business minded teenagers. Submit
your success story, press release or business article at
gilbert.sam.jr@gnextinc.com |
So often we track Farrah Gray, the self made
entrepreneur that grew up the youngest member of a
single parent family. In the housing project in Chicago
and he made a childhood decision that entrepreneurship
would be his ticket out of poverty, like many
entrepreneurs Gray put his mind to work.
Gray at 10, got together with friends in the
neighborhood, and raised over $12,000 in his business
club. By, 12 Gray raised over 1 million dollars from
private investors to start his own venture capital firm.
He then started a food company while still a teenager,
then sold Farr-Out Foods to an Israeli company that was
seeking an entry into the U.S. market. (More on
Young
Entrepreneur Farrah Gray explains Success)
Alex Tew, 21-year-old British business management
student has made enough money to fund his way through
University studies and several times over by selling get
this $339,500 US dollars worth of pixels at one dollar
per pixel on his website, http://www.milliondollarhomepage.com,
which he launched just nearly eight weeks ago. The first
few weeks of October, netted him nearly $200,000 or
$195,000 to be more accurate.
His website, The Million Dollar Homepage, offers
companies and entrepreneurs the chance to buy one
10X10-pixel block for $100 US dollars, which can be used
to display an image/ad or logo, together with a link to
their site as long as its not obscene or offensive.
(More on Young Entrepreneur turns simple idea into
hundreds of thousands of dollars.)
EatNow.com Offers Large Database of Local Restaurant
Menus and GPS Mapping of Delivery Availability for Six
Major Northeast Cities Teenage entrepreneurs Nat Turner,
Adam Parker, and Zach Weinberg have taken time away from
their schedule at the prestigious Wharton School at the
University of Pennsylvania to announce the launch of
EatNow.com, a new website designed to help consumers
browse local restaurant menus and place orders over the
internet. EatNow.com offers consumers unprecedented menu
variety, offering more restaurant choices than its
competitors in every one of its current markets. (More
on Young
Entrepreneurs Launch EatNow.com)
Tom Anderson is living a slightly altered but wholly
modern version of the rock-and-roll dream. His San
Francisco indie band, Swank, lived and died in musical
obscurity in the late 1990s.Last week its parent
company, Intermix, was acquired by Rupert Murdoch's News
Corp. for $580 million.
Anderson cofounded the youth-oriented, social network
that combines music and the youth's craze for meeting
new friends on social networks. Teens have been flocking
to Tom's Social Network MySpace, which debuted in late
2003, gave musicians free Web sites on which to post
their songs. It also let music fans build their own Web
pages touting their favorite music and connect with
like-minded enthusiasts. The concept worked. MySpace,
which never spent money on advertising, now has 22.5
million registered users, most of them teens in the
sweet spot of online advertisers. (More on the Update:
The MySpace Craze)
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