10 Most Successful Young Entrepreneurs 2020

hey luxers today we're leaving the warren buffett's jeff bezosis and bill gates behind and shifting our focus on some younger up-and-coming entrepreneurs that have had a very successful 2020. welcome to alex.com the place where future billionaires come to get inspired if you're not subscribed yet you're missing out so let's dive in it's time to shine with this week's number one marilyne marily is the co-founder and co-ceo of shine along with naomi hirabayashi shine was launched in 2016 and is a platform reinventing health and wellness for millennials through technology the self-care app has been downloaded millions of times and if you purchase the annual subscription it only costs 450 a month mara was originally working as the director of mobile product and messaging for dosomething.org but felt completely burnt out this app focuses on managing anxiety and stress and living a fulfilling life along with a positive mindset it's described as a daily pep talk in your pocket the app has a 4.8 star rating on apple and 4.7 stars on google play number 2. ben pasternak this is 21 year old ben pasternak an entrepreneur from australia he's the man behind flog monkey and nuggs when he was just 14 he developed a game called impossible rush which received millions of downloads he then released a follow-up game called impossible dial wanting to pursue his entrepreneurial career he left high school and moved to manhattan from there he went on to develop flog an app allowing young people to buy and sell merch monkey is a video based app for teens to meet like-minded teens this app made it to number one on the us app store it's been downloaded over 20 million times and made over 20 billion calls ola bought monkey in 2017 for an undisclosed sum of money in 2018 he started nugs which is a chicken nugget simulation made from pea proteins these days you can get these delicious fake chicken nuggets pretty much anywhere number 3. nina rauch hey luxers you're never too young to make a difference in this world take nina rauch for example she created a charity when she was 16 years old called pink where she introduced pink week to raise breast cancer awareness after her mom's own diagnosis she's raised over five hundred thousand dollars and was named one of barclay's future 100 the charities funds were raised mostly by jen zetters and she's hoping to bridge the gap between older philanthropists and younger philanthropists nina is currently the social impact coordinator at lemonade which is an insurer tech company in tel aviv number four macaulay ulmer speaking of bridging the gap between older and younger philanthropists we introduced to you 15 year old macaulaya ulmer she was born in texas and is the ceo of me and the bees lemonade macalia started selling lemonade at her own front lawn using her great-grandmother's recipe from the 1940s she was only four years old at the time the recipe used honey from local beef farms and was so delicious the local pizza shop asked her to supply them with stock that was the beginning of her bottling journey since then she's donated 10 of all of her profits to charities saving the bees she received 60 000 on shark tank from daymond john and in 2017 received eight hundred thousand dollars from a consortium of football players her lemonade is stocked in over 1500 stores including whole foods the fresh market and croaker she's also introduced other bee inspired products including beeswax infused lip balms she recently launched a book called be fearless dream like a kid and is actively working alongside the healthy hive foundation to continue saving bees number five brendan cox brendan cox can remember the exact time he became addicted to entrepreneurship it was in seventh grade and his sister was making extra cash by babysitting he was frustrated he couldn't babysit as most families wanted females so he began searching the internet for ways to make money the number one result for his age was to sell candy at school he says the next day i went to the dollar store where they sold a sleeve of three packs of gum for a dollar in school i sold each individual pack for a dollar and made 56 dollars in profits on my first day at that point i was hopelessly addicted to the world of entrepreneurship he then bought an instagram account with 100 000 followers for 900 and made his money back within a week he went on to design phone cases got them manufactured in china and then shipped back to cell from there he formed cox visuals teen assistant an app that connects teens with odd jobs making a portion of their earnings and he still manages to study at the university of scranton number six cole bennett cole was in high school when he created a blog called lyrical lemonade his mom helped him choose the name and gave him his first video camera he then started directing music videos for local rappers along with music video uploads cole uploaded live show recaps interviews and donkeys which were all well received lyrical lemonade expanded and eventually cole was working with artists like famous decks smoke perp and lil pump what really put coal on the map was lucid dream which received over 480 million views on youtube he's worked with many mainstream hip-hop figures has his own line of merch as well as a range of lemonade beverages under his name lyrical lemonade might be a good idea to collaborate with macaulay ulmer and release a limited edition lemonade bringing together two young successful business powerhouses number 7. timothy armu hey luxers if you're looking to timothy armu for inspiration heed his words he credits his success to math a former math tutor and now a ceo of fanbites armou says that most of his team are computer scientists who rely heavily on algorithms to find their talent timothy first launched a tutoring business when he was 14 years old and launched a media company that he sold when he was 17. fan bites is actually his third company which he developed alongside ambrose cook and mitchell fasanya fan bites helps big brands stay relevant for gen zed and millennials they run branded collaborations with brands like gopro deliveroo and adidas together with social media influencers as timothy puts it social media content is the next frontier of advertising affirming that for too long ads have represented an interruption or intrusion into our daily lives rather than a seamless part of them fanbites has been recognized by forbes adweek huffpost and business insider number eight benjamin hawkizer dubbed as serial entrepreneur ben hawkizer started getting the taste for business when he was just 10 years old he sold necklaces and bracelets to kids at school his dad jumped on board and turned the small business into a six-figure project within 12 months the business had generated over 150 000 worth of sales ben is now the co-founder of blade marketing and founder of entrepreneur blast they focus on direct digital advertising public relations and press release distribution the 20 year old also has partnerships with fma be your own boss advantage and unblinded mastery he leaves some key advice to up-and-coming entrepreneurs saying if the plan doesn't work change the plan but never the goal number nine caroline and isabelle bearcall when caroline and isabelle were 11 and 12 they were both using bath bombs to help soothe their aching muscles after training sessions the sisters weren't wild about the products they were using because the bums would leave rings around the bath or wouldn't wash off their skin so they'd have to shower after their bath they decided to create something more sustainable and organic they spend hours mixing up recipes and after a year of experimenting the bomb fizzers came to fruition to date the girls have 200 employees and have sold over 10 million bath bombs they've supplied target cvs and costco they're turning over 20 million dollars a year and we're listed in forbes 30 under 30. number 10 mosiah bridges aka mo bridges this is the founder and ceo of mo's bows moe's bows is the largest handcrafted bow tie making company and its humble beginnings were simply handmade bow ties sold on etsy mosiah started his company when he was nine years old because he wanted to do something to make himself look sharp but couldn't find anything to match his personality so he and his granny started making bow ties at her kitchen table in south memphis he's since released a book called moe's bows a young person's guide to startup success and he has a range of face masks bow ties ties and pocket squares available on his website his dream is to become a fashion mogul and he's well on his way to achieving that dream so alexers did you ever start a small business when you were a kid if so share your experience with us we love hearing from you in the comments now since you stuck with us until the end we of course have a bonus for you worth an honorable mention here is rick elise reineke who at the age of 12 founded lapis aqua a simple and effective system that saves water through plant purification the now 18 year old from victoria south africa has a company that is one of the leaders in aquaponics and aquaculture system packages designs the vision is to create sustainable food production and agriculture using locally sourced and available materials and maintaining the respect and trust of local customs and traditions so alexers always remember you are never too young to make a difference thanks for watching we value your support so much so please pop us a thumbs up and subscribe for more videos every day

Channel: Alux.com

Views: 83,551

Rating: 4.9382758 out of 5

Keywords: Alux, Alux.com, Alux Youtube, fine living, the 10 Most Successful Young Entrepreneurs in 2020, top Most Successful Young Entrepreneurs of 2020, youngest successful entrepreneur 2020, most successful entrepreneur of all 2020, most successful young entrepreneur of 2020, best young entrepreneurs of 2020, 10 most successful entrepreneurs in the world, Most Successful Young Entrepreneurs, The 10 Most Successful Teen Entrepreneurs in the World, young Entrepreneurs to look out for in 2020

Id: MGoiy74h1CM

Length: 10min 16sec (616 seconds)

Published: Sat Dec 12 2020