Archive for teen entrepreneurs

This Australian Teen is Worth How Much?

Image result for ben pasternakBen Pasternak, teen genius, is changing the social technology industry at just 19. Born in Sydney, Australia, Pasternak was raised in an average home with parents who supported him greatly throughout his upbringing. One day during a boring high school science class, Pasternak completed his first app, Impossible Rush. Impossible Rush and his second app Impossible Dial were wildly successful, pulling millions of downloads and were both the No. 1 trending app in multiple countries. The success of this young teen was the beginning of his career and lead to him being the youngest recipient of venture capital for technology at just 15 years old. He proceeded to drop out high school to focus completely on his career in technology. It was this decision as well as incredible opportunity that lead him to relocate to a $5,000/month New York City flat. Pasternak’s next project was an Ebayesque app that was specifically made for teens called Flogg. By the age of just 17, Pasternak was worth over a whopping 2 million dollars, but he was heavily restricted by his parents as well as business partners so as to not let the teenager waste it carelessly. He was named one of TIME magazines most influential teens in 2016.

This Australian teen is inspiring because he is true to himself and extremely relatable. He cannot cook anything other freezer-isle pizza, forgets to pay his rent, and refuses to learn how to drive. He believes that cars will be a thing of the past soon enough that getting a license is a waste of time at this point. Pasternak is your every day teenage with a brilliant method behind his success. He claims that the secret formula is truly understanding your target audience. Ben has accomplished this quite accurately because he is his target audience at old 19 years of age. While middle aged individuals try to crack the code and get into the mind of a teen, Pasternak is at quite the advantage. Due to this method of his, Pasternak has comprised his team of extremely young individuals, the oldest (COO) being 30. Ben Pasternak and his now business partner, Isiah Turner, are co-founders of the app “Monkey”. The high school dropout described this new venture as, “a randomized video-chat program for teenagers… Chatroulette, without the pervs”. Funded by $2 million in angel investments, Monkey quickly amassed hundreds of thousands of users who made more than 250 million calls. Pasternak and Turner describe Monkey’s purpose as to, “fill the loneliness void in teenagers’ by helping them make internet friends around the world, who they can then talk to on Snapchat.” Monkey has an extremely strict code of conduct, and prides itself as being a ‘safe space’ for young users.Image result for ben pasternak

Ben Pasternak is changing the way young teens are viewing their careers. Their entire perspective on entrepreneurship and social technology is being shaped in completely different ways. All of this and more is being accomplished by your typical teen with yeezys and a hoverboard.

 

 

Something Fishy

When Madison Robinson was 8 years old, she was an avid drawer of aquatic characters. She brought a picture to her father of the outline of a flip-flop with her sea animals inside of it, announcing “Look Dad, Fish-Flops!” Seeing potential in his daughter’s idea, Madison’s father went out and bought the fishflops.com domain that very day.

Madison 17 Magazine

Now 17 in high school, Madison maintains the delicate balance of a normal high school girl, and working as a fashion designer most famously known for Fish Flops. In 2012, she wrote a letter to a top Nordstrom buyer suggesting they sell her Fish Flops in-store, and they accepted with 64 stores offering Fish Flops by July 2012. The next year her product was featured in a front page article on Yahoo, and the flood of buyers began – starting with every Fish Flop in Nordstrom selling out.

Madison has been featured on shows such as The Willis Report, Fox and Friends, and Inside Edition, as well as multiple publications including Forbes. With her huge success, Image result for FISH FLOPSMadison has become a philanthropist as well as an entreprenur. A portion of every sale goes to the Association of Zoos and Aquarium’s campaign, SAFE (Saving Animals From Extinction). She has also donated over 20,000 Fish Flops to several charities that help people around the world who have little access to footwear.

Madison has expanded her Fish Flops line to include shoes and slippers, as well as regular T-shirts advocating for the SAFE campaign. Despite already being a millionaire, instead of kicking back and relaxing Madison constantly seeks to improve herself and help others. She frequently speaks at Jr. Achievement events, and spreads the positive message of pursuing your dreams with a “never quit attitude.” Madison is making her mark on the fashion world, with a driven and determined attitude presented with a smile.