Biography of top 10 business ideas 2016

A kid can run a business. Happens all the time. And here’s something that may be a shocker for you – your kid can probably run a business too. Now you may be saying, “Look, Mike. My kids are busy with school and sports. They’re well taken care of, buddy. I’m not gonna burden them with the task of running a business in addition to everything else. As long as my kid gets into Cal Tech. . .” Uh huh.

Well, think for a minute about the kinds of habits and skills one would have to cultivate in order to run a business. Take problem-solving skills, for example. Good businesses are birthed from good ideas – innovative ways to solve a problem in the market, whether that’s providing refreshing drinks for thirsty travelers along Route 56, cleaning yards for busy two-income families or Smart Phone Demystification Services for empty-nesters. Business owners also have to plan, manage and monetize their time. They have to develop strategies and build relationships to help them get the best sources for their products and provide the best chance of generating positive word of mouth publicity. Business owners must maintain a sense of accountability. They have to produce quality goods and services consistently. No excuses. In order to sell, you need to communicate a certain level of confidence in yourself and your product. So we have problem-solving, planning and management, strategic thinking, relationship management, accountability, communication skills, self-confidence. A kid with that skill set can write her own ticket in life.

Here are a few business ideas for young entrepreneurs.

#1 Computer Repair Service

If you’ve got a young tech genius in your midst, a small computer repair service is simple as pie. Way back in 2010, 81% of American households already had either a laptop, desktop or handheld computer. I can only imagine it is way higher now.  So if your child seems to have a knack for all things tech, she may consider repairing computers for extra income. Th

Every generation has had its share of successful young entrepreneurs, from agriculturalist Eliza Lucas Pinckney (1800s) to Apple founder Steve Jobs (1900s). Now, it's Generation Z's turn. Born between 1997 and 2012, this generation is finding innovative ways to make their own income. For many of these bright stars, that means starting early to pursue entrepreneurship as a means to leave their mark on the world. Read about the latest generation of entrepreneurs from the U.S., India, and the U.K.

Meet 10 Successful Young Entrepreneurs

According to The 2022 Investopedia Financial Literacy Survey, Generation Z adults (i.e., those between 18 and 25 years old) are more financially sophisticated than any previous generation was at their age. Some successful young entrepreneurs start really young. Whether inspired by family, events, or a desire to have fun, these young entrepreneurs set out to tackle the world of business.

Hart Main

At age 13, Hart Main came up with the idea of manly scented candles after teasing his sister about the girly scented ones she was selling for a school fundraiser. It wasn't until Hart set out to purchase a $1,500

This story has been updated by the staff of Entrepreneur.com.

You don't have to bang your head into a wall hoping that a good idea will come out. There are many ideas for people of all levels of experience and interest that have proven track records of success.

One category that has had sustained interest since it became popularized in the 1970s is that of New Age products and services. The term New Age encompasses alternative approaches to traditional Western culture, spirituality, mysticism, holism, and environmentalism. If you feel a connection to that philosophy and purpose, here are 10 New Age business ideas to learn about.

Related: 20 Business Ideas You Can Start With Less Than $10,000

New Age business idea: Healthy fast food

Don't be mistaken -- fast food is thriving today just as much as it ever has. But today people seek out healthy alternatives to the greasy meals that make up much of fast food fare. Taco trucks, burger joints and ice cream stands just aren't doing it anymore. Restaurants who offer acai bowls, quinoa-kale salads and whole-grain wraps are in.

One great little niche is the healthy fast food truck. Take Green Pirate and Nectar, for example. Both trucks offer fresh juices and smoothies to a different location every day. Native Bowl and Hola Arepa mix up creative bowls and salads full of fresh, local ingredients. If mobile fast food isn't really your thing, don't worry -- restaurants like Green Tomato and Zoe's Kitchen do just as well.

Related Book: Start Your Own Food Truck Business

New Age business idea: Yoga studio

Yoga's popularity is growing as more and more people look to lifestyle changes to solve ongoing weight and pain problems in their lives. The 2016 Yoga in America Study, conducted by Yoga Journal and Yoga Alliance, revealed that 36 million Americans engage in the practice, a big increase from 20.4 million in 2012

Becoming a successful entrepreneur takes a series of very deliberate actions, but sometimes the stars align, and just like that, it happens! Effortlessly and, from time to time, even by accident. If you go through the cases of these teen entrepreneurs, you will see both situations. One of these businesses even started as a side hustle. Read to the end to learn which company we're talking about; you've probably used their products more than once.

This is our selection of 6 businesses started by teens.

Injective Protocol. Eric Chen, 19.

Eric Chen, a Leangap alumnus from the Class of 2015, co-founded Injective Protocol alongside Albert Chon in 2018. Injective Protocol is a layer-2 decentralized exchange (DEX) that was incubated by Binance Labs.

Eric began exploring blockchain technology during high school when he mined Bitcoin for the first time. This fascination persisted, and in his Leangap application, Eric expressed his early belief in DeFi, stating that "blockchain technology will revolutionize the world through disintermediation and decentralization."

In 2021, Injective raised $10 million! Participating in the round were Mark Cuban (billionaire NBA team owner and Shark Tank judge), Pantera Capital, BlockTower, Hashed, Cadenza Ventures (backed by 100x Group), CMS, and QCP Capital.

Their dedication continues to pay off, as Eric and Albert made it to Forbes Finance's list of 30 Under 30 for 2024!

Facebook. Mark Zuckerberg, 19.

We couldn't go through this count without talking about Mark Zuckerberg. He is most likely the top teen entrepreneur, even if he is no longer a teen. In 2004, he would change the way the entire world communicates without even knowing it. -The original plan: to create a platform for Harvard students.

Today, Facebook has over 2.80 billion monthly active users and has even become a platform that helps small businesses, as a total of 200 million small businesses use its tools.

WordPress. Matt Mul