Entrepreneurial wizards 6 years old start to do sales 12 years old earn enough 500,000

Source: Internet
Author: User
Keywords Entrepreneurship

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Cameroon was born in a country town of only 300,000 people in Virginia, and his father was not a big entrepreneur. Since he was 6 years old, he has been selling tomatoes from house to house, "I prefer people saying I don't buy!" Cameroon said he grew up watching his father sell cars, and knew early on that the first refusal was the beginning of the sale, "when the client refuses, you will know what they really want, and the process is like a riddle." "Cameron said. And his biggest ability, is in this puzzle process, with creativity to find business opportunities.

When he was 8 years old, he got the chance to be trump attention for himself. At the end of 1992, Cameroon was hooked on the movie "The Kid is the master of the two" scene, wanted to see the key scene in the movie. The suite for filming in the Plaza Hotel, before which the boy had never been to Manhattan, and his father offered to exchange: "As long as you get a a for every subject this semester, I'll take you to New York." "Cameron did it.

At the same time, he did another thing--wrote to hotel owner Trump, who told Trump in his letter that he and his family would visit New York next month, "I very much want to see the studio where the film was taken." "When they really arrived at the hotel, the hotel counter went around his parents and crouched down and said," Mr. Trump a few gifts for you. She took out a gift from the film's main character and gave it to Cameron. He also told him that Mr. Trump had arranged for him a procurement specialist to take him on a private purchase trip to the Faoschwarz toy store tomorrow morning before opening the door, and then offered to help him upgrade his room. Arrange for him to live in the same suite as the scene in the movie.

As soon as he entered the room, Cameron wrote to Trump with a note from the toy store: "Thank you for the gift, wait and see, because I'm going to be the second Trump!"

12 years old earning the first 500,000 dollars

The New York experience gave Cameroon a bigger dream, the following year, Cameron's parents bought a computer and a printer for him, the first night of his computer, he printed all kinds of greeting cards with a computer, and soon he set up a company in his room and took a very good name: "Laughter and Tears Printing Company".

With 50 dollars of cash and computers and printers that his mother gave him, he began to embark on his entrepreneurial journey, starting with the business of the neighborhood. This year, he was 9 years old. The greeting card business made him earn less than 600 dollars. But in the following third year, he earned his first 500,000 dollars in a year.

At that time, the peas in the school is very popular, the doll with plastic particles instead of foam and red, he used the card business to buy a batch of peas in the hands of the 100 dollars to try the market reaction, and finally through the ebay website, selling 1000 of dollars in high prices.

Cameron's abacus is very fine, the market price of the peas is every 5 dollars ~20 dollars, the more rare peas even 50 dollars, but the dealer has to get the cost of each 2.5 dollars, in other words, even if the worst situation, he still has one times the price difference can be earned. He began to think of himself as a distributor of peas and dolls. If the other party found that he is a primary school, I am afraid will not ship to him, but he collected information found that as long as a credit card can become a distributor, he was a number of banks refused to finally get his credit card, the truck brought his Order 2000 peas dolls.

At the same time, Cameroon has sold 2000 peas in one months, through his own printing company web site to explore potential customers, and to aggressively advertise his own bean puppet business on ebay. In order to sell, he also bought the Web site of the Beanstalk distribution network to make it easier for others to search his site, more than a year, in his seven grade before he has earned 50,000 dollars in profits. The time has also allowed Cameroon to learn the first concept of entrepreneurship: "Start with the markets and products you know." "Cameron said.

But at this time, he is still in school, what time to run business, deal with the company's business? He explained to our correspondent that during the day he was in the same class as the average student, in the morning at 8, 3:30 P.M., 4:30 to 5:30 to play one hours of football, after dinner, from the Night 9 o'clock to midnight time, It was his time to run the company, "I do business through email and online." ”

From middle School to big business

Leaning on the internet, he began to do more complex business after a high school. At this time, he began to learn the second lesson of entrepreneurship, "small-scale management, prudent control of expenditure." "1998 years ago, he successfully opened a website that provided filtering spam.

"My company is usually a one-person company. He explained that his approach was to outsource the business to other professionals. He was just a middle school student, it's not easy to find trusted programmers on the web, but Cameroon begins by looking for a program designer who has done what he wants, and he finds a program designer who lives in Florida and explains what he wants. As a result, Cameroon spent a total of 4500 dollars on the site.

Website online, because it is a free service, the introduction of a year after the accumulation of 10,000 users, holding users, he hired a network advertising agency as an agent, when the advertising company to sell ads, he paid 35% of the revenue to do commission. "I did not use the resources to blindly expand. "He has no more money to expand the market share, instead of trying to dig out more value from the 10,000 users, he introduced the Amazon ads to the shopping website and, as of 1999, paid 180 dollars a year for bandwidth, an automatic Web site that earned him $15,000 a year.

With the development of the network industry, the company created by Cameroon is becoming bigger and more complex. "How do you learn accounting, law, and network technology?" "I hired lawyers and engineers directly to learn from them," he said. "Hiring these people is taking up most of the cost in his new business.

"It's very important to learn to ask questions. "He analyzes his personal experience, and every time he hires a person, whether he knows the answer or not, he asks all sorts of questions until he fully understands it."

These professionals are also the mentor of his business, such as lawyers often remind him to sign what kind of contract, what kind of preparation, will not get into trouble, like the application of the Web site before, to check their own application of the Web site has been applied as a registered trademark, so as not to get sued.

Because a professional to teach him the actual combat experience, 1999 years Ford Motor sued him for infringement, finally can only be reconciled. At the time, Ford had just set up a subsidiary of the "leading auto group", and Cameroon was busy investing in the Web site, and he immediately bought the 3 sites. As a result, when he was 16 years old, Ford sent out a letter of attorney asking him for 3000 dollars plus a voluntary waiver of the three sites, otherwise the court will see. Cameron immediately countered with a lawyer, proving that Ford had forgotten to apply for a trademark in the name of the leading auto group, and said forcefully that he would sue Ford if sued, "and that it would turn into a battle between David and Goliath giants, which would be bad for Ford's media image." He was 16 years old, and after 1.5, Ford agreed to settle.

17-Year-old robs eBay100 million dollars business

When the scale of entrepreneurship is getting bigger, "How to Strain" is the third lesson of his entrepreneurship study. The dotcom bubble of 2000, when he was 17 years old, and many companies went bust, the business model that had been made on Internet advertising was no longer viable, and Cameroon ended all the sites to rediscover new opportunities. In 2003, he saw a new market "gift certificate" that ebay could not stride into. He assessed that it was a market worth 40 billion of dollars, and that every American had a few coupons they could not use for cash, and that if auctioned on ebay, a voucher would take 15%. As a result, he has only half the cost of ebay, to develop the entire U.S. gift certificate market.

General web site to open in the United States visibility, light marketing costs will spend millions of, Cameroon but use their own entrepreneurial experience as a free marketing material. He spent 15,000 of dollars on a PR company to perform a three-month media campaign, because of special experience, even Time magazine interviews, six weeks after the site began operation of the first week, attracted 100,000 people on the station. Only two people operating the site, one day turnover is 15,000 dollars, earning the first million dollars in life. Just like Cameroon, Trump was also good at small entrepreneurs before he became famous, and Trump represents the past, and what Cameron represents is now.

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