Veronika Bilek started out as a mechanical engineer, but then noticed a niche in the market for online payment processing systems. She said that the systems that were being used by banks and financial institutions at the time were inefficient and needed to be “disrupted” by new technology that would innovate and improve the current technology. So, she started her company EFTLab, which improved efficiency and security for companies. Veronika is an ideal entrepreneur in the fact that she noticed a problem with the current technology that many companies used, so she innovated the software and solved the issue of inefficiency and safety.

Tim Sykes was in high school when he made his first million. He acquired $12,415 of gift money at his bar mitzvah and decided to start day trading penny stocks. By the time he was 21, his investment of only $12,415 was worth $1.65 million! Tim saw an opportunity to create money in the stock market, although very risky, and took a shot at it anyways like a true entrepreneur. In college, he would reportedly skip class a lot to day trade penny stocks, and by the time he graduated he was worth an estimated $4.4 million. Once out of college, he personally advised people how to trade penny stocks successfully, and made a nice profit doing so. He later set up his own blog detailing penny stock trading investment strategies, advice, and what investments were the best to make at the current time. He self-reported that his blog brings in around $15-20 million in revenue, and he started all this before the age of 25. Tim Sykes demonstrates many characteristics of successful entrepreneurs, such as seeing a niche in the market to profit form, personally advising people in penny stocks, and starting his own blog with in-depth details regarding stock trading to make profit form, making Tim Sykes a successful young entrepreneur.

Vladimir Tenev founded the company “Robinhood.” Before his interest in the stock market, he built high-frequency stock trading platforms in New York City. While doing this, he realized that the top-notch, high frequency traders and electronic trading firms pay almost nothing to put trades on the market. Once the financial crisis of 2008 set in, people lost faith in the financial system, and hedge fund insiders had much more access to tools and resources that most people did not, which Tenev disapproved of. He noticed this problem, and saw an opportunity to provide a product that doesn’t charge for commission, and makes investing much easier and more accessible. Today, there are over a million people that use Robinhood to trade. Vladimir Tenev displayed entrepreneurial spirit by noticing a problem, and pursuing a solution very diligently (over 2 years!). He stands out as an entrepreneur because his company was the first ever to not charge a trader’s commission fee, which caused his company take off. Vladimir Tenev clearly demonstrates that he is a successful young entrepreneur through the founding and managing of Robinhood.

Chad Hurley was the lead founder of YouTube in 2005. Hurley and partner Steve Chen got the idea for YouTube when they had trouble sharing a video of their dinner party on the internet. From there, they noticed it was difficult to find any type of videos on the internet, and decided to do something about it. They noticed a problem with videos on the internet (at the time) being hard to come by, so they came up with YouTube as their solution to the problem. Nothing similar to YouTube existed at the time, which contributed to what makes their product a fantastic, revolutionary new idea. Chad Hurley started the operation above a pizzeria in a small room, and he was determined to create a website with videos on it, which is a characteristic of a great entrepreneur. After developing the website, and watching it take off in success, google contacted him for a possible business proposition. He sold the website to Google in October of 2006 for a solid $1.65 billion, all because he noticed a problem with video sharing, and offered a solution. Chad is a revolutionary millennial entrepreneur that changed the way the internet was formerly used.

Cameron Johnson started his entrepreneur career at age 12, when he bought his sister’s Beanie Babies for $100, and sold them online for over 10 times what he paid. While doing this, he decided that he could make more money if he bought the dolls straight from the manufacturer. So in less than a year, he made over $50,000 in profit. He then used that money to create an online website that generated over $3,000 per month in revenue. His company gradually grew in size, and he opened even more businesses as well over time. By the time he was 15 years old, all of his businesses combined were bringing in $300,000 to $400,000 in revenue per month!

Cameron Johnson exhibits amazing talent as an entrepreneur by continuously coming up with new ideas and forming new, successful businesses before he was out of high school! He was able to identify niches in the market, as good entrepreneurs should, and use those for a large profit. His hard work and drive for success is just another characteristic that makes him a successful entrepreneur. He clearly demonstrates that he is a notable millennial entrepreneur.

Founder and CEO of “Oxie”, Sarah Tulin, created a revolutionary new product that is the first wearable air purifier. Sarah knew air pollution was a problem and “the greatest environmental threat to global health.” She wanted to be able to help with the air pollution problem that was especially significant in cities. One day, Sarah says she was hit by a cloud of bus smoke while going to work, and that’s when she came up with the idea of “Oxie” . Oxie fits under a shirt collar and purifies the air that the wearer is breathing. Oxie uses advanced aerodynamic technology to deliver the purified air, and even proctets from smoke, allergens, and even germs! Sarah noticed a problem with unclean air, and exploited it by coming up with an idea to solve the problem (not solve entire issue) to make money. She is an ideal example of a successful entrepreneur.