Yes, you read the title right. Entrepreneur David Elk, the creator of Spotify, was turned down by Google at the age of 16 when applying for a job. Elk grew up in Sweeden and didn’t have a lot of money, but this didn’t stop him stop creating my favorite app. At age 14 he had knowledge on computer science and made money by making websites for people. He became a millionaire in his early 20s and actually had some trouble with tax evasion. Him and his partner Lorentzon came up with the idea of a “lightning fast” music service that will allow you to stream music to your device. There idea came bounced of the website “Napster” which got in trouble for piracy issues.
Elk is an example of how hard work pays off and it is always good to rethink an idea or back track. He actually waited over 2 years to get enough money from investors to be able to have a functional start-up. Spotify allows people to listen to the songs they want without buying them for a monthly subscription. This is amazing because now I don’t have to buy every song I can listen to. Apple Music soon adopted its own version of a music service, but that hasn’t stopped Spotify from having 70 million paying subscribers.
For more information go to: https://nordic.businessinsider.com/the-incredible-life-of-spotify-founder-daniel-ek-who-was-a-multi-millionaire-by-23-and-is–/