Being a millionaire is not easy let alone at a very young age. Here is a list of ten young CEOs under 30 who have proved that age is just a number when it comes to making money and causing a change in the way services are being delivered. The impressing thing here is that each of them leverage on the awesome of IT to achieve this great feat. Read through and fulfill your dreams as they have done their and are still aspiring whether you are under 30 or above 30.
1. Mathilde Collin, 26 years old, CEO and co-founder of FrontApp
The company Collin launched after quitting her desk job was FrontApp. The app is an email inbox with features that are specifically meant for teams. The company did $1 million in 2015 revenue and now has 1,210 customers and $242,000 in monthly recurring revenue.
Collin isn’t done yet. She’s raised $13 million and is growing the company at 10 percent month over month.
What she wishes her 20-year-old self knew: You can be totally happy at “work.”
2. Iddo Gino, 19 years old, CEO and co-founder of RapidAPI
Gino founded his company in Israel at the age of 16. RapidAPI initially started as an open-source project that allowed developers to easily find and use APIs online. He now makes money by charging a processing fee ranging from 10 to 25 percent.
Gino now has 20 people on his team and has raised $3.5 million to date.
3. Nathan Barry, 26 years old, CEO of ConvertKit
Barry came up with the idea of ConvertKit after he grew tired of the agency work he was doing. The team of 20 helps over 10,000 paying customers manage their email lists. The company is self-funded and did $300,000 in 2015 revenue. As of mid 2016, the company does $480,000 in revenue per month, all from its headquarters in Idaho and Nashville.
It’s even more impressive that Berry’s doing this while raising two young kids.
What he wishes his 20 year old self knew: He would have doubled down on his company faster.
4. Nick Kullin, 26 years old, CEO of Second Flight Consultancy
Kullin started his first business at the young age of 13 by connecting people to new artists. From that business, he made over $20,000. After high school, he took on lots of different jobs and realized soon that he had a burning desire to be an entrepreneur again, even though he had a job that paid him $120,000.
His company Second Flight Consultancy is a marketing academy that offers ambitious entrepreneurs online coaching lessons. The company did $12,000 in its first year, $175,000 in 2015 and $1.2 million in 2016.
What he wishes his 20 year old self knew: Just start.
5. Sahil Arora, 18 years old, CEO of Tabverts
Arora launched Tabverts to help put advertising in the back seats of taxis in India. His many customers include SnapDeals.
As of February 2017, the company passed $70,000 in monthly recurring revenue and has raised $500,000 from an Indian venture capitalist. Today, his company is valued at over $2 million.
What he wishes he knew when he was 20: He’s not 20 yet!
6. Laura Behrens Wu, 25 years old, co-founder and CEO of Shippo
Behrens Wu started her business Shippo at the age of 21. The idea was born after she faced shipping obstacles with her previous ecommerce product. Shippo makes money by charging customers a “pay as you go” fee and is currently shipping over 1 million packages per month for over 10,000 unique customers.
With $9 million in funding, Behrens Wu’s San Francisco based team is 28 strong.
What she wishes her 20 year old self knew: Trust that things will turn out right.
Click play to learn how Behrens Wu got her first 100 customers:
7. Brian Wong, 25 years old, founder and CEO of Kiip
After being laid off, Wong found two co-founders and landed $300,000 in seed capital to set up Kiip, an advertising tool that rewards its users for achievements inside of applications.
His co-founders decided to move onm but Wong didn’t lose focus with the company passing $20 million in 2016 revenue. $11 million worth of advertising spend has been processed using Kiip and Wong has raised a total of $32 million for the venture.
What he wishes he knew when he was 20: Stop taking everything so serious.
8. Wyatt Jozwowski, 21 years old, CEO and co-founder of Demio
Jozwowski invested $500,000 to re-invent webinars with Demio, a smart webinar platform. He made his original money through his company Drip Apps, where 470 people paid $47 per month to take digital courses about digital marketing. Drip Apps did just shy of $1 million in 2015 revenue. He’s now doubling down and going all in on Demio.
What he wishes his 20 year old self knew: Persistency wins.
9. Tommy Gibbon, 25 years old, partner at Piper
Gibbon and his partners created Piper to teach young children how to build their first computer. Following a $280,000 Kickstarter campaign, the product was an instant hit, quickly passing 4,000 units sold and nearly $1.2 million in revenue.
Whlie the product costs $299 for consumers to purchase, it costs Piper $100 to produce, leading to a 70 percent gross margin. The company has raised $2.3 million to date.
Prior to Piper, Gibbon was working for Goldman Sachs and Fundera.
10. Alex Saidani, 21 years old, founder and CEO of Indemand
Saidani got off to an early start, learning to code at the age of 11 and launching his first business at 13.
His company Indemand provides businesses with online ordering software and an hourly delivery network. He’s managed to find success even with a small team of three that has raised $125,000 with 25 paying customers.
What he wishes he knew when he was 20: Don’t waste time pursuing non-value creating people