New Cash Making Secrets From Teenage Millionaires
Many teenagers have had the painful experience of witnessing their parents lose jobs due to the current global economic downturn
. Their prospects of alternative employment fade as more and more businesses shrink or close. This has disheartened a huge number of young people. They feel hopeless about finding permanent employment in traditional businesses after school or college.As a result, young people are now tapping into their own homegrown skills for alternative income sources. They are digging into the net researching on the dynamics of home based businesses. This has created a sudden increase in the number of home based teen entrepreneurship since the industrial revolution. Home-based businesses are booming despite the current global economic slump. Operational costs of a home-based business are minimal compared to that of a traditional business.
The advent of computers and the internet is spawning a new breed of business people from as young as 12 years. Gone are the days when one had to first gain a college degree before embarking on any lucrative business venture. Worldwide, very few academic institutes impart knowledge on how to make money apart from learning how to find employment in the job market.
Today many teens arent waiting until old age or to finish college to start their own businesses. They arent waiting to experience what their parents are going through. They are not waiting for some employer to determine their future. Instead, they spend much time on the net searching for clues. One young successful entrepreneur once said, It wasn't until I was in my 20's that I read about this concept and realised that I'd probably been making money naturally since I was a teenager...which has undoubtedly helped me become so successful.
The internet has made it all easy for most young minds, like Ashley Qualls who created a business and made $1 million at the age of 14. She believed so much in her creation that she even declined a huge opportunity to sell her business. From very humble beginnings, she now runs a multimillion-dollar business. She is a reminder that all you need is the desire to be financially independent regardless of your age, location or funding.
Through sheer determination, Nori Evoy, at the age of 15, built a successful tourism website, which instantly ranked high in Google and generated loads of traffic and cash in no time. Her active teenage lifestyle could not deter her efforts to research and create a website. To accommodate her schoolwork, she set it all up on autopilot and made thousands of dollars each month, working just a few hours every week.
While some teen entrepreneurs own home-based internet businesses, some are researching on how to build computers that run the net. Recently Peter Foti, from USA, created a company that builds and repairs computers, and today, his monthly earnings are in excess of $2,500, working on this project part-time. Asked about his success at such a tender age, his comments were, Ive always been interested in starting my own business because I love the idea of being my own boss. Like most successful teen entrepreneurs, Peter never allowed age to hinder his dream.
Aged 12, Brian trained himself as a freelance web designer for companies. After multiples of success, his comments were, Sixth grade math homework only takes about ten minutes. After someone online gave me a small monetary reward for fixing their website, I began offering my services to other people. I researched how to build a PC. I built my own computer, then my parents. His advice to aspiring teen entrepreneurs is to start small and never give up.
Teen entrepreneurs have proved that they can make money, attain high grades at school and have more freedom than in traditional jobs. They have found new cash making secretes most adults dont know about. Many parents have embraced these new ideas, which promise a genuine, dignified and secure future for their children.
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