Have you ever thought about what makes some people so rich and others so poor? Is it a strike of luck? Do they start big depending on a business or money that they have inherited? Or is it because these rich people are more intelligent than others?
The answer to the question is none of these things but we can instantly know the answer if we learn about one of the world's youngest millionaires.
In 1994, when Johnson was only 9 years old, he started his first business from his home in Virginia, designing the invitations for his parents' holiday party. As people liked the invitation cards and asked him to design cards for them, he was able to save up several thousand dollars and at the age of 11, he started an online company that sold greeting cards which he called "Cheers and Tears".
At the age of 12, Johnson offered his younger sister $100 for her collection of 30 brand name stuffed animals. He sold the dolls on eBay and his profits were 10 times the amount he gave his sister. Motivated by his success, he contacted the manufacturer of the stuffed animals and began purchasing large numbers of dolls in order to sell them on eBay and on his Cheers and Tears website.
In less than a year Johnson made $50,000. Instead of thinking that this money was more than he needed at that time, he started planning his next business.
In 1997, Johnson started an online advertising company called Surfingprizes.com. Within 3 years, his company started producing $15,000 revenue per day. And before Johnson could graduate from high school, he became a dot-com millionaire.
In 2007, he wrote a book entitled “You Call the Shots: Succeed Your Way – and Live the Life You Want – with the 19 Essential Secrets of Entrepreneurship” which became an immediate bestseller and a source of inspiration for millions of people. He is also a highly rated motivational speaker.
In his book he asks people why they should work for someone else when they can "call the shots", when they certainly have some resources of their own that can allow them to start a business.
What do you think Johnson did differently to become a millionaire at such a young age?
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