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Home > Work/Life > Success Stories > Young Millionaires

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Think it's nearly impossible to become a multimillionaire before you're 40? Meet 13 young entrepreneurs who did just that--and learn the inside secrets to their success.

Bear NakedBear Naked
Description: Manufacturer of all-natural granola products
Founder: Kelly Flatley, 28, and Brendan Synnott, 29
Location: Norwalk, Connecticut
Projected 2007 sales: $50 million
www.bearnaked.com
DUB Publishing Inc.DUB Publishing Inc.
Description: Publisher of automotive magazine DUB
Founder: Herman Flores, 34; Myles Kovacs, 33; and Haythem Haddad, 31
Location: City of Industry, California
Projected 2007 sales: $50 million-plus
www.dubmagazine.com
JakeJake
Description: Independent, luxury fashion retailer for men and women
Founder: Jim Wetzel, 38, and Lance Lawson, 36
Location: Chicago
Projected 2007 sales: Nearly $7 million
www.shopjake.com
Threadless.comThreadless.com
Description: Online T-shirt design company
Founder: Jacob DeHart, 25, and Jake Nickell, 27
Location: Chicago
Projected 2007 sales: $25 million to $30 million
http://www.threadless.com
Specific MediaSpecific Media
Description: Online advertising company
Founder: Tim Vanderhook, 26; Chris Vanderhook, 28; and Russell Vanderhook, 30
Location: Irvine, California
Projected 2007 sales: $70 million-plus
www.specificmedia.com


Sew What? Inc.Sew What? Inc.
Description: Manufacturer of custom theatrical draperies and distributor of flame-retardant fabrics
Founder: Megan Duckett, 35
Location: Rancho Dominguez, California
Projected 2007 sales: $4.6 million
http://www.sewwhatinc.com

 


 

ActionCoachActionCoach
Description: Executive business coaching
Founder: Brad Sugars, 36
Location: Las Vegas
Projected 2007 sales: $220 million
www.actioncoach.com
PopCap GamesPopCap Games
Description: Creator and provider of downloadable games
Founder: John Vechey, 28; Brian Fiete, 29; and Jason Kapalka, 37
Location: Seattle
Projected 2007 sales: More than $20 million
www.popcap.com
Xlear Inc.Xlear Inc.
Description: Manufacturer of xylitol products
Founder: Nathan Jones, 37
Location: Orem, Utah
Projected 2007 sales: $13 million to $14 million
www.xlear.com
The Great American Hanger Company/Hangers.comThe Great American Hanger Company/Hangers.com
Description: Manufacturer, wholesaler and retailer of clothes hangers
Founder: Devon Rifkin, 33
Location: Miami
Projected 2007 sales: $10 million-plus
www.hangers.com
SambazonSambazon
Description: Manufacturer of Brazilian açaí berry products
Founder: Ryan Black, 32; Ed Nichols, 32; and Jeremy Black, 34
Location: San Clemente, California
Projected 2007 sales: $15 million to $20 million
www.sambazon.com
TibiTibi
Description: Designer of an upscale boutique clothing line
Founder: Amy Smilovic, 39
Location: New York City
Projected 2007 sales: $21 million
www.tibi.com
Highland HomesHighland Homes
Description: Green residential builder
Founder: Bob Shallenberger, 37, and John Cavanagh, 38
Location: St. Louis
Projected 2007 sales: $22 million-plus
www.highlandhomesinc.com



Slideshows
Young Millionaires 2007
Even at a not-so-ripe age, our Young Millionaires are full of wisdom and experience. Find out what they have to say about their success.

More slideshows:
Previous Young Millionaires
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Want to start your own million-dollar enterprise? Get a head start with these startup ideas.