19 Yr Old Kid OWNS a $30 Million Dollar Empire.

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Wow, that was amazing. Simply amazing.

I'd love to get into that kid's psychology.

It's working fine now. It just takes a second to load. If this isn't proof for all of you who are still a lil' wet behind the ears... I don't know what is!

It just goes to show you, if you work hard enough, success will follow. You just have to get over the whole idea of "overnight riches" and start taking action.

Yeah, I'd like to know some of his techniques myself. He could probably make another 20-30 million just by doing his own money making program. Speaking of which, I bet if you got an interview with him you could sell it for a good chunk of money!

It's always amazing when people young do something other then play video games and waste their time... Lol. Me being only 22yrs old. I'm not that much older then that kid. I just wish more young people would start to do something productive.

He has a striking resemblance to Michael Dell.

I'd give $30 Million to BE 19 again!

there was a book i think it was called "The Maui CEO" that talks about this same sort of thing that the kid did. finding products overseas to import into a warehouse and then sell online in places like ebay. im sure he did a lot of the typical things other people do.

use ebay as a client creation tool and send them a catalogue with every los leader product you sell and make more money of the back end. then market to colleges and small business through their magazines and popular authority sites. next thing you know, bam your a millionaire,

also keep in mind he started at 14, so it took him 5 years to get to this point please do not think you can just jump in and be a millionaire overnight.

WOW, there is my motivation for the day

Thanks for posting that. Always good to see someone so young having extraordinary success. I bet we have a few young people on here who are doing very well too. We may even have the next young multi-millionaire success story.

PPC had a huge role in this kid's marketing. He just had profitable keywords and a extremely fantastic sales page. The money he earned he re-invested half each time into his ppc campaign. Belief me it takes just 12 steps to become a millionair after you know this steps. Just double your money you advertise each time you make profit.Thats it.

Real marketeers know what im talking about. Too bad most people just ignore it.

Great Video! Personally I don't feel surprised to see young folks succeeding in business, they are usually tech savvy, enthusiastic, bubbling with ideas, have age on their side and know that if something fails they can move on in life whereas as you age you are faced with a lot more constraints like balancing your family and work, the pressure of having to constantly deliver to provide food to your family etc.

Not taking anything away from this young lad though

inspiring story

Hey folks don't forget about our very own David Wilkinson.

He started at 12 and had some write ups for a couple of his blogs and he is 14 or 15 now.

Sorry David if I'm off on your current age.

Anyway, the point is that you guys should do a search for him and check out his style by getting on his mailing list. His writing is right up there with the big dogs.

I think David will pass up Mini-Michael by the time he's 19.

nice video keep it up friend

Very inspiring, thanks for this post.

David Wilkinson is 14 about to turn 15 if memory serves me correctly. My son is also 14 and he is just starting to sell online. Wish he had the motivation of these guys.

Very motivating! Im in Atlanta now and Id love to meet this kid!

Inspiring!

Hmm, I've got exactly 6 months to make $30M before I turn 19
Will make a new thread "Watch me make 30M in 6 months LIVE" lol

And I believe one does not have to give up cool things like parties, girls & alcohol to become a millionaire.

Wish I had started it earlier...

Chris

How do you guys think he markets / gets traffic to this site?

I looked into PPC but didn't see any of his ads...

Or even better, where does one find products to import at low costs? Alibaba?

Wow... What a big failure I am... And I thought I was rich!

-Lakshay

I think it is just amazing a business like this can be started by a 14 year old, although no doubt the father did play a large hand in it.

there are some small holes in the technique but for the most part it works. In his book he talks more about getting larger items. ones that you would order in freight since most ebayers wont go this route. think large outdoor play sets, pool tables, whatever as long as it can not be flown in. he specifically did grand pianos i think.

of course the technique works, i mean heck, this kid was a millionaire at 19, there is marketing involved and i doubt this guy had a warehouse when he first started. the video said he had four chairs right? so he probably started out of his garage. not a bad way to go if you are willing to put in the work and the time - remember 5 years

A lucky pick of a niche I suppose. It doesn't seem that this idea
is too complicated. A website, a good niche and physical products
with high profit margins.

Furniture have one of the highest profit margins for physical products.

-Ray Edwards

This is an amazing story. A 19 year old guy who is already a millionaire. But again, there are plenty of people in his age who go online and are striking it RICH.

Very motivating.

Tal

Yes he is a very switched on dude

I wanted to point out one more thing. A lot of people look at these kids and feel it's just too late for them if they are way past their twenties.

The guy who started mc donalds came up with the idea at the age of 52 therefore age is just a number. It's all about what's going on in your head.

I think most of you guys must have heard of this girl named ashley...She actually made a lot of money at the age of 17 as well...She is another teenage millionaire. Here is her video-

His seems to have leveraged the experience of his step father who knew the office chair business inside out because he was doing it for years.

So his stepfather knew there was niche and there was a demand in the niche. He also knew suppliers and also had existing intelligence about what the market required.

This guy added the internet outlet. This gave them the exposure to scale the business fast.

Thanks for this!

I am now going to sit here for 5 minutes and repeat the mantra:

"I will not get jealous, I will use the inspiration for my own benefit"
"I will not get jealous, I will use the inspiration for my own benefit"
"I will not get jealous, I will use the inspiration for my own benefit"

Thats Amazing!

Just goes to show the power of focus. Find something that works and stick with it til it can stand on it's own before trying something else.

A lot of folks get discouraged easily and jump from thing to thing. Picking something you know about and have a passion for really helps in the beginning.

Cheers,
Shane

This is a great example of a simple business model that works! The "key" word and the secret of his success is CONSENRTATION on the simple model.

thank you for this wonderful and inspiring post!

Congrats to this 'kid' for all he has accomplished. It truly is inspirational.

But HOW did he accomplish it and HOW can you make it happen for yourself?

Let's pick it apart a bit.

1. He had a bit of a headstart because his stepfather was already in the business and had the all-important wholesale contacts for the product. You must be able to purchase at the lowest cost to allow you to offer a lower price to your customers. Price-point is one way to beat the competition. People always love to save money, even purchasing agents for major companies (bulk sales).

2. After working for his stepfather and noticing how easy the business was, he got a vision and a focus: do it online. He locked himself in his bedroom for three days and didn't come out until he had created a website and got it online. He had the inner fortitude to maintain his focus on what he wanted to accomplish and was able to ignore everything else, such as checking emails, cruising the forums, etc.

3. I believe he realized that people like to talk to a real live person, so he got his own 800 number and placed it prominently at the top of his website. Smart move. It automatically makes his company look bigger than it really was (in the beginning) and gives him instant credibility in the eyes of customers, not to mention making the customer feel better about ordering from him even if they only do so online and never call. Just knowing there's a toll-free number in case they have problems goes a long way toward getting someone to place an order.

4. He didn't begin huge, he began small, just like everyone else. He did a lot of the work himself, right down to answering the phones and taking the orders himself. As he made money he could afford to outsource more, and now has his own call center to handle orders. He can now afford to take time away from the business without hurting it.

5. Once the business became large enough, he incorporated to reap the tax benefits. (He may have began as an LLC, and he may have applied for small-business loans to expand. )

Those are just a few of the things I gathered from watching the video.

Another word of wisdom form this 'kid': He says to always have a backup plan, just in case plan A doesn't work, and it usually doesn't. Pretty good advice.

I think the most important thing you can take from this is he figured out what to do and he did it. It worked, he kept at it and became a raging success. He may not have known exactly what to do at the very beginning but he had an idea. Doing something is almost always better than doing nothing, even if you're not sure about what to do, just do something. The rest will eventually follow and everything will come together.

And you would never have heard of him if he had told himself it was a bad idea, it would never work. How many times have you talked yourself out of doing something?

So now you have a better idea of how to get rich.

So how bad do you want to become a millionaire?

thats crazy guys

There are many kids on the block...Here is another one-

nice motivating video...thanks for sharing it

Very inspiring video. It's amazing what really is possible nowadays. We have to take advantage of that guys. We really do.

I read an article on Yahoo, titled The Top Ten Online Millionaires Under 20 (or something like that...I forgot the actual title).

He was one of them, the no. 1 being Zuckerberg of Facebook.

Now where is that link to that..

Sorry guys I forgot that too.

I wrote an article on Sean Belnick a while ago - very clever guy indeed.

I am 17 myself and aspire to do big things as well.

That's awesome, thanks for posting!

Seriously makes me wonder what I am wasted my teen years on though!

I could be a millionaire..

MORAL: Don't underestimate teens! ;-)

How did he get people to the website? That is the main question that is never answered. Any Joe Blow can make a website. He says: "I just created a website and it went from there."

Of course he's not going to tell us his marketing methods. But that's the main thing that drove his incredible sales volume.

Good for him, but it seems kind of depressing his childhood revolved about chairs.
Jay

Thanks, OP

I remember this story from a couple of years ago, & I was trying to think of this guys name about a couple of weeks ago & couldn't find any info (here it is) .

wow, I am inspired

This guy also owns another chair site www[.]flashfurniture[.]com

If you look at Google maps for the address on bizchair both business have the same location.