The definition of an entrepreneur is “a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.” Fraser Doherty was a entrepreneur at the young age of 14. When he was a young teenager, his grandmother taught him how to make jam. After learning how to make jam, he found a way to make jam 100% out of fruit. He presented his brand, SuperJam, to a major supermarket company known as Waitrose, and he became the youngest ever supplier to a major supermarket. His business got so big he didn’t have enough time to run the business and stay in school. Doherty eventually dropped out of school to start up his blossoming business. This is what defines him as an entrepreneur. Doherty risked his whole future by dropping out of school. Dropping out of school is very frowned upon in America and if Doherty’s business had failed, that would have devastating.
Doherty is a prime example of an intelligent entrepreneur because he took up something he genuinely enjoyed and looked at how it can be changed. Doherty looked what he was doing and looked for what was wrong in the industry. We can assume Doherty enjoyed making the jam with his grandmother and surely he enjoyed how it tasted. But instead of just simply making, eating, and enjoying the jam, Doherty thought outside of the box. “What if I can make this jam 100% healthy?” Doherty probably thought something along these lines. Doherty then made jam without any sugar, which is completely revolutionary considering how much sugar is in jam.
While Doherty was still a teen, he was making around upwards of $750,000. Now, at 32, Doherty is a multi-millionaire, having majorly profited from his SuperJam business. Doherty is a truly inspirational young entrepreneur.