Amid widespread popularity of social networks, no one is surprised by a jaw-dropping income of a 5-year-old YouTube blogger or TikTok star. Indeed, anyone can earn $5 million a year on weird dances or videos with cute cats. While someone owes one’s success to artistic talent, others revealed a business talent at a young age. Mark Zuckerberg is an inspiring example. He founded Facebook at the age of 19. Nowadays, his brainchild is the high-tech behemoth with a market capitalization of $948.94 billion.

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Success of Mark Zuckerberg is no exception.

· Matt Mullenweg developed software WordPress at 24. At present, his CMS (content management system) accounts for 60% of the global market.

· Fraser Doherty hit the headlines at 14 as an inventor of SuperJam. His own company sold 5 million jars of sugar-free jam in 2019.

· Sean Belnick founded internet retailer Bizchair at 14. Now his website sells 100,000 items and storage facilities are measured at 2 million square feet.

We would like to tell you 10 more success stories of millennial high achievers.

Top 10 kid-preneurs

1. Robert Nay, Nay Games founder

The 14-year-old teenager programmed Bubble Ball that instantly became a roaring success in the App Store. Two weeks later after its launch, Bubble Ball had 1 million downloads, having squeezed Angry Birds from its number one spot on the list of popular free games. Bubble Ball was designed by the computer prodigy without any background in programming and business. Robert learned everything he needed to develop a game from a public library. He created the code consisting of 4,000 lines in just a month. Nowadays, Nay Games offers 24 new levels of Bubble Ball. Robert is currently developing a new app.

2. Leanna Archer, Leanna’s Essentials founder

Leanna Archer was only 9 years old when she encountered her great-grandmother's recipes for hair care. Applying homemade products, she received lots of compliments on the beauty of her hair. So, Leanna realized that she had discovered something awesome. Her ambition had always been to launch her own line of hair and body products. She grasped the opportunity to take advantage of her family recipe. Nowadays, the 20-year-old entrepreneur from Haiti is a mogul in the beauty industry being the founder and CEO of Leanna's Essentials.

3. Erik Finman, Botangle founder

In his childhood, Erik Finman had to move from school to school being the target of peer pressure. Eventually, he got fed up with bullying and decided to quit school. Nevertheless, the teenager did not give up education. He founded his own business with a view to improving the system. Having gained $100,000 in returns from his bitcoin investment, Erik launched Botangle, a paid online service for home education. At present, he is running another project. Having hired 20 people, Erik is developing a virtual reality headset.

4. Lily Born, the Kangaroo Cups founder

When Lily was 8, she noticed that her grandpa, who suffered Parkinson’s disease, frequently spilled over beverages. Like many other kids entrepreneurs, Lily was eager to find a solution. So, she came up with a special design of a cup. The girl created a three-leg cup made of moldable plastic that does not tip over and is comfortable to hold. A year later, Lily made the ceramic version of the same design for her dad. Nowadays, Lily’s own company produces inventive Kangaroo cups that are in huge demand.

5. Farrhad Acidwalla, Rockstah Media founder

Borrowed $10 from his parents, 13 year-old Farrhad Acidwalla createdan online community devoted to aviation and aero-modeling. A few months later, he sold the web portal for $1,200. In 4 years, he used $400 out of this money to launch a new business focused on web development, marketing, branding, and advertising and named it Rockstah Media. His company gained international recognition. Now 23 year-old Farrhad is a prosperous CEO of the company with 42 employees.

6. Mikaila Ulmer, BeeSweet Lemonade founder

Any startup has its particular story. The same is true about Mikaila Ulmer’s business. When the girl was 4, she was stung by a bee. Later at school, she got interested in bees and dived into research. She found out that bees were on the verge of extinction. So, the girl used her granny’s recipe of lemonade, complemented it with locally grown honey, and began selling the beverage at a farmers’ fair. She donated her profits to causes aimed at saving bees. Later, Mikaila was awarded a cash prize of $60,000 by the jury at the Shark Tank TV show for the development of her business idea, Me & the Bees lemonade. This is how the smart girl turned her own experience into a thriving business.

7. Mosiah Bridges, Mo’s Bows founder

Mosiah Bridges is one of the cutest kid-preneurs. Being just 9 years old, the boy could not find a bow tie to match his own style. His grandma and mother taught him how to sew. Mo came across some old fabrics in the wardrobe and the idea popped into his head. The boy decided to create his own design of bow ties. Currently, the big name in the fashion industry sells hand-made neckties in apparel stores around the US.

8. Lizzie Marie Likness, Lizzie Marie Cuisine founder

Lizzie Marie Likness discovered business acumen by chance. At the age of 6, she wanted to ride horses. To pay for horse riding lessons, she decided to sell homemade pastry at a local farmer’s market. Shortly after, Lizzie understood that cooking was her true passion and developed a healthy-cooking website, Lizzie Marie Cuisine. Now the girl can boast about inventive recipes created in tandem with well-known chefs. Besides, Lizzie Marie hosts her own cookery TV show, Healthy Cooking with Lizzie.

9. Neha Gupta, Empower Orphans founder

Neha Gupta’s success comes from the idea to provide the disadvantaged kids with healthcare and education. When traveling across India at the age of 9, the girl was appalled by the living conditions of orphans. So, she made a vow that she would make all her efforts to improve their lives. That’s how the non-commercial fund Empower Orphans was established. Since then, Neha Gupta and volunteers have raised and distributed more than $2.4 million to support Indian orphans.

10. Alina Morse, Zollipops founder

Being just 7 years old, Alina was wondering how to make candies less harmful for teeth. At 9, she created her own recipe of all-natural, gluten-free, dairy-free, vegan, non-GMO, and certified sugar-free candy. The girl called the fruit-flavored candy on a stick Zollipops that brought her fame and prosperity. Now, Alina’s Zolly candies are sold at large American retailers like Walmart and Amazon. The gifted entrepreneur has been hosted twice at the White House at the invitation of Michelle Obama.

Bottom line

These amazing examples prove that success and big money are not always accompanied by experience and maturity. Smart business ideas bear fruit on condition they are implemented with diligence and zeal. Our heroes possess exactly these features. Therefore, they ventured and hit the jackpot. Nevertheless, any investment needs reasonable precautions to minimize losses. With InstaForex, you can create your own perfect portfolio to ensure steady returns.