Teen Millionaires: How did They do it?
September 29, 2009 by Crystal O'Connor
Filed under Blog, Entrepreneurs, Kid Entrepreneurs
23 year old Cameron Johnson, author of You Call the Shots, started and sold 12 businesses before the age of 21. Here are just a few of the keys to success he shares in his book:
- Don’t think too far outside of the box, keep it simple and do what you know or are familiar with
- Read books – books and autobiographies were his mentors
- Put yourself “out there” at age 8 he wrote a letter to Donald Trump telling him he was going to be visiting his hotel “The Plaza” and asked if he could visit the suite that was used in the movie “Home Alone.” To his surprise when he arrived at the hotel with his parents Trump had arranged for him to stay in that very Hotel suite.
- Start small – have those small goals and be flexible with change and adaptability
Cameron started out with a graphic design business and experimented with Ebay that paid off for him at a very young age. Both of these experiences propelled him to move forward with other ideas.
Ashley is also a millionaire at age 17 and rakes in $50k-70k per month running a business she started online. Whatever Life is a graphic design company that started out as a hobby she loved to do…design web pages for her friends’ MySpace accounts. More than 100,000 visitors check out her site every day!
