Young Millionaires
Richard Johnson, 39
Article Contents
- Introduction
- David Reinstein, 25, And Melody Kulp, 25
- Dwayne Lewis, 30, And Michael Cherry, 31
- Douglas Stewart, 32
- Jason Wall, 30
- David Delgado, 31, and David Wirig, 31
- Dale Bathum, 36
- Scott Mitic, 29, And Peter Mellen, 32
- Julie Aigner-Clark, 34
- Ken Seiff, 36
- Jean-Philippe Iberti, 33, And Todd Carmichael, 37
- Richard Johnson, 39
- Sheila McCann, 37
- Mike McLane, 35; Ray Nelson Jr., 35; And Ranjy Thomas, 31
- Sarah Gerdes, 32
- Victor Mitchell, 35
By Gisela M. Pedroza The willingness to take calculated risks defines a young entrepreneur, and you've got to believe in what you're doing. It's more than just being successful; it's about loving what you do." So says Richard Johnson, an entrepreneur since the fifth grade. In those early days, Johnson used his allowance to buy toothpicks, which he then dipped in cinnamon oil and sold to his classmates for 5 cents apiece. This taught the young Johnson the value of working hard to get a return on his investments. Those early lessons have come in handy in his latest venture, HotJobs.com, an online job-listing site that he founded in 1996 in New York City after spending three years as a headhunter. To get the word out about his business, Johnson invested $1.6 million of his own money in a Super Bowl ad in 1999. The move immediately thrust the company into the media spotlight, attracting not only a flurry of traffic to its site but also the attention of venture capitalists, who invested a total of $165 million. Johnson took the company public six months later. He now oversees a company with 14 offices and 500 employees and expects sales for this year to top $40 million. Content Continues Below
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