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Teen Millionaire
Yahoo! News People of the Web ^ | October 30, 2007 | Kevin Sites

Posted on 03/15/2008 10:13:01 AM PDT by 2ndDivisionVet

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To: 2ndDivisionVet

btt


21 posted on 03/15/2008 10:57:55 AM PDT by Cacique (quos Deus vult perdere, prius dementat ( Islamia Delenda Est ))
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To: 2ndDivisionVet

22 posted on 03/15/2008 10:58:49 AM PDT by endthematrix (He was shouting 'Allah!' but I didn't hear that. It just sounded like a lot of crap to me.)
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To: tioga
"..if her biz fails, what can she do to support herself?"

You mean without that coveted high school diploma? Your statement above reveals why most people never see success in the business world. If that "biz" fails she will probably start a new one. That's what entrepreneurs do! She is getting over one million hits a day! I daresay she already knows the secrets of the Internet. Life is about risk-taking, not safety and security. Ashley already gets it, most adults don't.

23 posted on 03/15/2008 11:07:16 AM PDT by 2ndDivisionVet (http://www.fourfriedchickensandacoke.blogspot.com)
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To: 2ndDivisionVet
"So I know what I want from business. And I don't want that. I like my privacy. I like to hang out with my friends. I don't want cameras following me around."

Good for her.

24 posted on 03/15/2008 11:09:41 AM PDT by M203M4 (True Universal Suffrage: Pets of dead illegal-immigrant felons voting Democrat (twice))
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To: tioga; 2ndDivisionVet

I have to agree with 2ndDivisionVet on this one. This young woman is not going to have any problems supporting herself if this biz fails, even without a HS diploma.

I generally do not like seeing kids drop out, but there are exceptions to all rules, and this gal is certainly one of those exceptions.


25 posted on 03/15/2008 11:12:41 AM PDT by Gabz (Don't tell my mom I'm a lobbyist, she thinks I'm a piano player in a whorehouse)
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To: 2ndDivisionVet
NEVER run so much as a hot dog stand

Nothing wrong with running a hot dog/ sausage stand!

My family and I live better than most!

26 posted on 03/15/2008 11:13:23 AM PDT by sausageseller (http://coolblue.typepad.com/the_cool_blue_blog/)
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To: Pride in the USA

This could be an inspiring story to pass along to comparably-aged students. As a bonus, she seems like a level-headed young lady. The only thing I’d love to see her change is to get a private tutor and complete her education.


27 posted on 03/15/2008 11:19:22 AM PDT by lonevoice (John McCain was a Kinoki foot pad in the Reagan Revolution)
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To: afraidfortherepublic
"Wonderful story. My advice to Ashlely — put some of that money in the bank. No business lasts forever."

Mercedes Benz, Germany, 1871-present; Kongō Gumi Construction, Japan, 578-present; Löwenbräu Brewery, Germany, 1383-present; Goulaine Wine, France, 1000-present; Western Union, USA, 1851-present; Price Waterhouse Coopers, USA, 1849-present; Bank of Scotland, UK, 1695-present; Royal Delft Porcelain, The Netherlands, 1653-present; Klett Firearms, Germany, 1578-present; Barovier&Toso Glass, Italy, 1295-present, etc., etc...

28 posted on 03/15/2008 11:22:43 AM PDT by 2ndDivisionVet (http://www.fourfriedchickensandacoke.blogspot.com)
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To: sausageseller

I wasn’t putting down hot dog stands, I was merely using them as an example of a small business that was beyond the ken of university professors.

What brand of cart do you utilize?


29 posted on 03/15/2008 11:24:31 AM PDT by 2ndDivisionVet (http://www.fourfriedchickensandacoke.blogspot.com)
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To: 2ndDivisionVet
Mercedes Benz, Germany, 1871-present; Kongō Gumi Construction, Japan, 578-present; Löwenbräu Brewery, Germany, 1383-present; Goulaine Wine, France, 1000-present; Western Union, USA, 1851-present; Price Waterhouse Coopers, USA, 1849-present; Bank of Scotland, UK, 1695-present; Royal Delft Porcelain, The Netherlands, 1653-present; Klett Firearms, Germany, 1578-present; Barovier&Toso Glass, Italy, 1295-present, etc., etc...

Those are businesses that actually produce a product that isn't a silly fad. This girl started a business selling graphics and stuff for websites. It's a fad. She should save some money, her business WON'T last forever.

30 posted on 03/15/2008 11:29:49 AM PDT by IDontLikeToPayTaxes
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To: 2ndDivisionVet

Seriously, is there any other country where stories like this happen regularly? Where can a 14 year old girl biuld a million dollar a year business in 3 years while keeping her clothes on?

Remind me why I need “change” so much. I would love to hear her interviewed about taxes and her thoughts on the equity of taking more as she makes more. Kids don’t have to think about that much.


31 posted on 03/15/2008 11:32:48 AM PDT by laxcoach
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To: IDontLikeToPayTaxes

What you and I see as a “silly fad” is someone else’s “gotta have it” as shown by her page views and advertising revenue. Will it last forever? Almost assuredly not, but she already has the “can-do” spirit that would be necessary to do another start-up. Wouldn’t you hire her for your business? I know I would!


32 posted on 03/15/2008 11:33:15 AM PDT by 2ndDivisionVet (http://www.fourfriedchickensandacoke.blogspot.com)
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To: laxcoach
"I would love to hear her interviewed about taxes and her thoughts on the equity of taking more as she makes more. Kids don’t have to think about that much."

Her business is pulling in seven figures, so I'll bet she knows more about it than most of us ever will.

33 posted on 03/15/2008 11:35:25 AM PDT by 2ndDivisionVet (http://www.fourfriedchickensandacoke.blogspot.com)
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To: IDontLikeToPayTaxes
Those are businesses that actually produce a product that isn't a silly fad. This girl started a business selling graphics and stuff for websites. It's a fad. She should save some money, her business WON'T last forever.

You're wrong. She does not sell the product. The income she receives from her website is produced entirely through advertising.

34 posted on 03/15/2008 11:36:55 AM PDT by SaveTheChief (Chief Illiniwek (1926-2007))
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To: 2ndDivisionVet

in the REAL world you don’t get even entry level jobs without a high school diploma or GED, and a nine to five office job will take at least two years in college.....it is a cruel world and lamenting the leftist NEA and liberal college professors will not change that. Why do you think so many of our young end up like spitzer’s kristen?


35 posted on 03/15/2008 11:37:39 AM PDT by tioga (Beware: conservative with back to the wall. Proceed with extreme caution.)
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To: 2ndDivisionVet
I love stories like this. I had a friend whose daughter stayed at home to raise her six year old son. Her husband was away on a trip when he was car-jacked, shot in the face and killed. All she had was a small life insurance policy. She started several Internet businesses, none of which succeeded. Then she created a work-from-home business and a clever marketing plan and off it went. For the past five years she's pulling in almost $2 million/year. Her son's college is already paid for via a trust fund and she has barely changed her own style of living. She is building a home on the Jersey shore, but she's paying cash for it. I love seeing what's she's done for herself.
36 posted on 03/15/2008 11:43:33 AM PDT by econjack
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To: tioga

I’m sure from the experience she has gained starting a million dollar a year business from and 8 dollar investment, she has many qualities that would get her hired. Go into any retail store or bar, there are many over educated people waiting tables. While college is great, ideas, a strong will, hardwark, sacrafice and confidence isn’t something you get out of a book.


37 posted on 03/15/2008 11:44:08 AM PDT by panthermom
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To: tioga; All

Anyone that can sell or start a business need not worry about their education level. The best thing parents could do for their children is a Tom Hopkins http://www.tomhopkins.com or Dale Carnegie http://www.dalecarnegie.com course or an enlistment in the armed forces, IMO. I have a doctorate in business, and believe me, college is overrated unless you are headed into a profession.


38 posted on 03/15/2008 11:48:32 AM PDT by 2ndDivisionVet (http://www.fourfriedchickensandacoke.blogspot.com)
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To: IDontLikeToPayTaxes

I recall my mother telling me that “Those Beatles won’t last. It is just a fad. It is classical music that has proven itself over the centuries. Perhaps Sinatra is a more modern example, but he was handsome and talented. Those boys look ridiculous and are just making noise.”

If this girl has been able to develop a niche among her peers at this age on the internet, then she has her finger on the pulse of the most coveted demographic in the world and she will ride it all the way as they age, not to mention that there are more teenage girls coming along every day as those under eleven grow up. As for graphics online, that is where design is today. My husband has wonderful, but old fashioned, skills with a lucy and a lightboard and he knows that at 57 he cannot compete out there with kids who have never even held a Rapidiograph, let alone that he hasn’t a clue as to how they will respond to anything.

Also, don’t discount the fact that she will have a very nice cash reserve when this business begins to age.

Anecdote:
I invented a silly little product in 1985. It lasts forever. It appeals to a niche demographic of women fiber crafters. All I control is the production process, simply because no one else in the field has ever bothered to figure it out (or so they tell others). It has become a classic in the industry with excellant name recognition and is considered a must-have by retailers. It sells over 7k units a year with no advertising by me, is purchased by the five top distributors in this industry and shows no signs of ending soon. I work part time. Early on, I had a few male sales reps threaten to “have it made in Asia” when I couldn’t meet their discount/drop ship terms. They never did. I know why and they don’t and I am not telling. It was not my only product, idea or business in my life, just the most successful and most enduring.

This kid is going to do just fine.


39 posted on 03/15/2008 11:54:36 AM PDT by reformedliberal
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To: tioga

College is a waste of time and money.


40 posted on 03/15/2008 11:59:23 AM PDT by Huck (Support OBAMA in 08--He's a better choice than McCain! Ask any conservative!)
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