how-to-be-a-millionaire-by-age-25: Personal Finance News from Yahoo!

Finance Pag e 1 of 5 -to-be-a-millionaire-by-age-25: Personal Finance News from Yahoo! Finan ce Page 1 of 5 How to Be a Millionaire by Age 25 by Kiplinger staff Monday, October 18, 2010 Wish you were as wealthy as this guy? He's Mark Zuckerberg, co-founder of Facebook, and his super-geek-to-billionaire story is the basis of the hit movie The Social Network. "Young people are just smarter," he told a Stanford University audience in 2007. He started Facebook from his Harvard dorm in 2004 as a sophomore. Now he's a 26-year-old philanthropist, recently donating $100 million to the Newark, N.J., school district. Credit: Associated Press Zuckerberg's youthful fame and fortune makes for a riveting tale. But across America every year, plenty of entrepreneurs make their first million under the age of 25, some in high school. It takes vision, smarts, determination and a little luck. Here are five of them, along with their advice for achieving prosperity. Michael Dell More from 10 Most Popular Home-Based Franchises QUIZ: Test Your Start-Up Know-How 13 Careers for the Next Decade Age now: 45 Title/Company: Founder and CEO, Dell Computers Made his first million by age: 19 Dell launched his computer company in 1984, just before dropping out of the University of Texas. By selling direct, Dell lowered prices and won over customers. At 24, the company had revenues of $258 million. At last check, his estimated net worth was $13.5 billion. advice for young entrepreneurs: "You've got to be passionate about it." he s aid in an interview with the Academy of Achievement. Catherine and her brother founded the social-networking site. which fun ctions like a digital yearbook with pictures. friends and virtual currency called "lunc h money.. "I think people that look for great ideas to make money aren't nearly as success ful as those who say. what do I really love to do? What am I excited about?' " Catherine Cook Age now: 20 Title/Company: Founder." http://finance. 10/21/2010 .com/career-work/article/111047/how-to-be-a-millionaire-by-a ge-.. ' Made her first million by age: 18 In 2005.

" Juliette Brindak Age now: 21 Title/Company: Cofounder/CEO. BizChair. 99 Designs and Flippa Made his first million by age: 22 . you need to get rid of them. When you're young is the best time to start your own business. Just do the research and find a way to do what you want to Personal Finance News from Yahoo! Finance Pag e 2 of 5 -to-be-a-millionaire-by-age-25: Personal Finance News from Yahoo! Finan ce Page 2 of 5 Today.There was a lot of great information on the Internet. "If someone starts to doubt your company and what you're doing. Her advice for young entrepreneurs:: Find a solid suppor team who believe in your idea. as you do not have the responsibilities you will have when you're older. Her advice for young entrepreneurs: "Stop just thinking about it. Brindak started drawing the "cool girls" cartoon figures who became stars in 2005 of her online community for tween girls. MissOandFriends. and make it happen. but says that her company was valued at $15 million when she was 19) At 10. she is seeking investors and preparing to take the site public as she attends Washington University in St." Sean Belnick Age now: 23 Title/Company: Founder. it boasts 20 million members and is one of the 25 most-trafficked Web sites in the U. The worst that can happen if you fail now is that you have firsthand experience to make your next venture a Made her first million by age: 19 (Brindak won't divulge when she earned her first million. I started when I was 14." Matt Mickiewicz Age now: 27 Title/Companies: Founder. His advice for young entrepreneurs: "It is never too early to start. Made his first million by age: 16 Belnick's been selling business furnishings online for nearly a decade now. but the recent B. graduate of Emory University's Goizueta School of Business still saw value in a college education. Today. Sitepoint.

points out that the Internet enables immediate customer ge-. who launched his first company in 1998. http://finance.Mickiewicz. making it relatively inexpensive to test and launch new 10/21/2010 .

i bet he gets hookers . So what's the deal yahoo? do you like sucking marks C ock Reply Walnut 43 seconds ago Report Abuse 00 lmao that guy from facebook is a dork with money. Copyrighted. . become a fan on Facebook. Inc.675 comments Show: Post a comment Comments 1 -10 of 1675 First Prev Next Last Poop The King 22 seconds ago Report Abuse 00 yahoo has it's head up Mark Zuckerburgs butt everyday for the last 2 weeks they have featured a story about this guy who has really done nothing but create another social distraction site from real life. Kiplinger Washington Editors. . Newest First 1. Create massive value fo others by providing a solution where no other Personal Finance News from Yahoo! Finance Pag e 3 of 5 -to-be-a-millionaire-by-age-25: Personal Finance News from Yahoo! Finan ce Page 3 of 5 His advice for young entrepreneurs: "People who say it takes money to make money are using the worst excuse ever." Click here to see the full slideshow of 'How to be a Millionaire by Age 25' Popular Stories on Yahoo!: The House that Sparked Foreclosure Freeze What the $1 Trillion Deficit Really Means Low-Cost iPad Alternatives to Avoid Follow Yahoo! Finance on Twitter.

Then your children would be born in the middle-income strata. Reply The Round Peg 1 minute ago Report Abuse 00 All of those kids --including Mark Zuckerberg --have rich parents who could afford to send them to good universities or finance their start-ups.with his ge-. Building wealth in America is actually a multi-generational process: If you were born poor in the lower strata. then you would have to work your best up to the middle-income level... 10/21/2010 . and they would have to work their best up to the upper-middle-income http://finance.

Have him call us in 20 years when he's raised a family. Young people are smarter? Really? Care to guess the average age of a convict in America today? Or drug addict? Or suicide attempts? Single parents? He's 26 now. because . Your grandchildren will be rich and famous --after three generations of hard work. He sounds like some pukey little Al Gore soundalike. Good luck Zuck! Reply Brad 2 minutes ago Report Abuse 00 You should just F*****NG smile and blow Personal Finance News from Yahoo! Finance Pag e 4 of 5 -to-be-a-millionaire-by-age-25: Personal Finance News from Yahoo! Finan ce Page 4 of 5 Then your children would be able to send their children (your grandchildren) to Ivy League universities and fund their children business -and they would have a chance to become Bill Gates or Mark Zukerberg. lost a loved one. or any one of the things that happen to a person in life that tests their mettle. So what? Reply Leonidas 4 minutes ago Report Abuse 12 Its liberating when you know the truth about these rich people. gone through a medical problem. It takes at least three generations to start from nothing and finally join the rank of ultra rich and famous. Reply Greg 1 minute ago Report Abuse 00 Zuckerberg's arrogance is astounding. cause I deserve it!-Mel Gibson Reply Terri 4 minutes ago Report Abuse 11 Six out a billion have made their fortunes at a young age.

What crap. It must be hard for the rich man to see his poor neighbor get up everyday and struggle to overcome the odds and endure hardships they've never had to face. Like money they think they are born with ge-. 10/21/2010 .yahoo. Do your research and you will find that nearly 100 percent had some form of parental support. but really they are hollow shells for the most part while birds make their breakfast and little squirrels iron their pants for them. greed. Drop them on a desert island and the first thing they'd do is whip out Daddy's plastic and start searching for a Starbuck's or a computer so they can start an internet business that everyone with any intelligence knows will not work. and from it rise higher in virtue and develop the character and strength which they will never achieve. I have yet to see why the rich think I would desire the corruption. vice and arrogance that http://finance. They want you to think they worked or had an idea and thus the American Dream is still alive.part of their strategy is to make the poor feel like dirt because they are supposedly not "trying" hard enough. The jealous rich think money can buy character and strength...

Shut the F up Mark and keep donating that money to make you look good because the truth is you are an A hole with no friends! Funny how a social degenerate creates a social network. they owe me. I see right through you posers. . you need social skills Mark. Reply A Yahoo! User 7 minutes ago Report Abuse 21 They make too much.. I can be proud of even a dollar because I know I earned it myself without any help from anyone. Mark Zucherburg says "young people are just smarter" Really is that right because without the old Farts that created the internet Mark you'd be a broke out of work college grad. Rub your nose in that! Replies (1) Poop The King 5 minutes ago Report Abuse 31 now take the internet out of the equation and you have 5 stupid broke kids. Reply Comments 1 -10 of 1675 First Prev Next . What is wrong which this country. Replies (1) Leonidas 7 minutes ago Report Abuse 00 I Leonidas! The guy you love to Hate. We can't have these kids being millionares. How is this goverment going to control us with this sort of Personal Finance News from Yahoo! Finance Pag e 5 of 5 -to-be-a-millionaire-by-age-25: Personal Finance News from Yahoo! Finan ce Page 5 of 5 accompany wealth. but who will never lie to you! Beware. Where is my money! This is the good o USA where the rich give to the lazy. Makes me glad I was born poor.

yahoo..Last http://finance. 10/21/2010 ge-.

Sign up to vote on this title
UsefulNot useful