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Young Millionaire: Christian Owens

Article by Daily mail reporter
He has vowed that he will not stop building the business he established only a year ago until it is worth £100million.

But hard-working Christian Owens can afford to pause for at least a moment’s celebration after making his first £1million aged just 16.

The schoolboy entrepreneur used his pocket money to fund his first venture, website Mac Box Bundle at just 14 – which has taken £700,000 since its launch in 2008. He then launched advertising pay-per-click company ‘Branchr’ a year later and worked on the business after school and at weekends.

Branchr was a smash hit with internet sites; made a staggering £500,000 in its first year; and now counts betting site William Hill as a client.

That is despite the fact that Christian is too young to place a bet there.

Social networking site MySpace has also benefited from his company’s services.

Christian, from Corby, Northamptonshire, currently employs eight staff – all adults – around the UK and America as sales and technical assistants, and plans to open two Branchr offices in the next year.

The youngster, who lives with his parents, company secretary Alison, 43, and factory worker dad Julian, 50, said he was inspired to go into business after observing the immense success achieved by Apple chief executive Steve Jobs.

Christian invests the majority of his earnings back into his two businesses.

He said: ‘I really wanted to create something groundbreaking and simple that would revolutionise the way advertising works.

‘Mac Box Bundle was already becoming a success but I really wanted to push myself and do something different, so I came up with the idea of Branchr.

‘I think everyone has business sense in them, they just need to gain experience and be determined to make it.

‘There is no magical formula to business – it takes hard work, determination and the drive to do something great.

‘My aim is to become a leading name in the world of internet and mobile advertising and push myself right to the top of the game.

‘I don’t know where I will be in ten years’ time but I won’t leave Branchr until it has reached £100million,’ he added.

The teenager insists his professional success has not affected his personal life, and says his interests include photography and playing the guitar.

‘My friends and I don’t really talk about my success. To them I’m just a normal teenager and it doesn’t change anything between us.’

Christian, who has used a computer since the age of seven, began teaching himself basic web design aged ten when he was given his first Mac computer.

Branchr works as a platform for website owners to sell advertising, and business owners to buy it.

The company now sells more than 250million adverts to 11,000 websites every month and has acquired a second company, Atomplan, which provides business software.

Mac Box Bundle sells a combination of popular Mac applications, worth up to $400 together for under just $100 a time – and donates 10 per cent of each bundle to charity.

Read more: http://www.dailymail.co.uk/news/article-1302771/Christian-Owens-schoolboy-entrepreneur-making-million-16.html#ixzz10bkm9tgZ

September 26, 2010 Posted by | Business, Entrepreneur, Million dollars Idea, Millionaire, News, Television, Uncategorized, Youtube | Leave a comment

Business idea: Yippy

Founded by Richard Granville in October 2009, Yippy raised the bar dramatically in the web-based applications services market with the consumer release of Yippy, http://www.yippy.com.

Yippy.com is Kid-Friendly According to the U.S. Census, there are approximately 60 million children under the age of 15 living in the United States. Many of these children look to the Internet for helpful information and wholesome entertainment but end up stumbling across inappropriate content. Yippy invites you to take a look at the recently released Yippy.com, the worlds first family friendly cloud computing portal, that provides a controlled digital sandbox which allows kids to safely surf the web, engage in individual or group video-chat, e-mail, play games, listen to music, and watch videos with other kids. Completely free of charge, Yippy, http://www.yippy.com provides children with a safe and controlled cloud environment where minors will not inadvertently or purposefully access adult content. The companys Internet-based applications include games, videos, audio/music, movies, chat, news, productivity tools (email, calendar, documents, and collaboration), multi-person video conferencing, Voice-Over-Internet Protocol (VoIP), search engine, and social networking tools that are all free from the unseemly elements of the Internet and completely secure.

As a nation, we`re paying a steep cost for unlimited, uncensored access to the Internet with its contribution to the deterioration of family values and diminished employee productivity, says Richard Granville, the Fort Myers-based CEO of Yippy Inc. We must stop the theft of a childs innocence which is subject to untoward influence from web searches on unregulated search engines. Granville, age 41, is putting his money where his mouth is, having invested over $8M of his assets, along with friends and family, into the creation of this new operating system which he hopes will become the new Internet gold standard in cloud computing.

According to the US Census, the youth population is roughly 80 million individuals. There are approximately 60 million children under the age of 15 living in the United States. Our goal is to attract and secure at least 10- 20% of this population to a Yippy-based cloud platform within three years. This will translate to approximately 12to-16 million loyal users that will grow to be adults with affinity to our brands. We believe this is how a new dynasty company is formed.

The Company believes that by attracting the children, an appealing path is also forged for the parents. While the platform is currently skinned with graphics for the youth market, we believe parents will also use it as well.

Having a safe computing experience for all will be a huge advantage for the Company in the near and long term. Graphics-packs will be made available for all age groups:

Youth (12 and under) Teen (Ages 13-17) Adult (18 and over) Family Entertainment Business to Business Each user can customize their application services environment with their desired look and feel; appropriate to their age group. Content within each group will always be age appropriate. Content that is not appropriate for family and/or business values will be actively screened to ensure core values of a safe and wholesome computing, communications, and entertainment experience. For kids and teens, parents will have complete control over the content and information to which their children are exposed. Yippy is the only software environment of its kind to openly and aggressively provide these types of content-safe options.

“Yippy is one of the first end-to-end internet computing solutions to market with the family in mind from inception,” adds Granville. “Yippy is providing parents with free, easy-to-use software which ensures that children have a safer, more productive Internet experience filled with entertainment and good times.” Highlights of the Yippy.com Software and Portal:

Yippy Search -The Company recently completed the acquisition of the Clusty meta-search property from Vivisimo, Inc. Clusty is a unique meta-search engine that is already being tightly integrated into the Yippy software framework thus allowing the Company to control the search activities of its users. In this way, the company is able to ensure that the Web sites accessed by the users are continually screened enabling us to deliver on our promise of a safe, secure, family and business friendly Internet experience.

Yippy Web Browser – The browser blocks millions of undesirable websites while simultaneously vetting millions of other websites in order to release Yippy-approved sites daily.

Yippy.com Email Address Tools are made available that allow users to actively manage their email to keep their system clear of unwanted traffic. Unless a user selects to keep all emails, purge tools are available to make room for only desired emails. This storage reduction helps the company reduce costs by purging spam and unneeded email in the network which in turn reduce power requirements thus vastly improving the companys overall energy footprint.

Free Online Storage Yippy users can save pictures, movies and documents with up to 5 gigabytes in storage capacity.

Video Chat Yippy yappers can have face to face calls with loved ones and friends ensuring the whole family will enjoy the application.

Yippy Video Player This proprietary, feature-rich Yippy video player features programs from trusted media partners. Yippys growing library of family-friendly content provides ideal communal viewing for the family room flat screen television.

Games Yippys collection of old-school classics will soon expand to include lots of great new games over the coming weeks.

Radio The family can listen to the Yippy radio station which offers a wide variety of musical genres popular for the whole family.

News Theres local, national and international news focusing on sports, music, technology and a lot more all appropriate reading for the under 18 community.

Customization Yippy gives the user customization choices and many other features such as office suite, widgets and other useful applications throughout the program with many new features and applications added daily.

Yippy is the first end-to-end computing solution to market with the child in mind from inception, says Rick Lisa, President of Yippy, Inc.Yippy is providing parents with free, easy-to-use software which ensures that children have a safer, more productive Internet experience filled with entertainment and good times.

I anticipate that the availability of Yippy software will result in a collective deep sigh of appreciation from parents everywhere, says Richard Granville, CEO of Yippy, Inc.It is time to stop the theft of a childs innocence which is subject to untoward influence from web searches on under-regulated search engines.

Why is Yippy.com Cool Yippy.com combines contextual information in a cloud service that tailors Internet content to the preferences and needs of each user. Yippy is designed to be an online media store with one-touch access to video, games, news, movies, social networking, streaming radio, shopping, office applications, multi-person (up to four people) videoconferencing and IM/chat (up to 10 people in a single room). While it vastly simplifies the Web-surfing experience of the average consumer, its user interface is also built to be usable by preteen children. Yippy is unabashedly focused on providing a worry-free family Web experience based on a combination of parental proxy controls (that are currently company controlled), trusted content partners and strict enforcement of a government-registered restriction list. The user gets free access to basic Yippy content and 2GB of storage. While basic offerings will be free (supported by advertising), premium-priced applications, such as 12-person videoconferencing, 400-person IM/chat and additional storage will also be available. Yippy launched commercially on 20 March as version 0.9, and will release version 1 of its software with access to subscription-based premium services in mid-2010.

Yippy is deployed in a Web-based application services environment that functions like a virtual computer. While the Yippy application was developed with mobility in mind, Yippy`s goal is to allow users to access their personalized Yippy environment from anywhere, anytime and from essentially all the leading Internet devices. Yippy`s thin client and website architecture promises to turn PDAs, notebooks or desktops into the fastest-in-class Internet access devices. By the end of 2010, Flash-enabled smartphones with x86 processors or ARM13 products will also get a Yippy interface.

The cloud-based Yippy Web services model discussed here has three revenue streams: premium content subscription, advertising and Multiprotocol Label Switching access/VPN services. Revenue will come from ad agencies and local marketers for demographically, geographically and contextually targeted advertising, based on user-supplied registration data and aggregated dynamic transaction information.

Search is a Critical Piece of the New Yippy Model The Company recently completed the acquisition of the Clusty meta-search property from Vivisimo, Inc. Clusty is a unique meta-search engine that is already being tightly integrated into the Yippy software framework thus allowing the Company to control the search activities of its users. In this way, the company is able to ensure that the Web sites accessed by the users are continually screened enabling us to deliver on our promise of a safe, secure, family and business friendly Internet experience. Of greatest value to the Company is the fact that Clusty boasts over 120,000 regular monthly users as reported on quantcast.com. With this user frequency the Company will be able to quickly attract advertisers that will fuel the main revenue engines of the company.

Source: http://stockreads.com/Stock-Newsletter.aspx?id=29509

September 14, 2010 Posted by | Business, Entrepreneur, Uncategorized | 2 Comments

Young Entrepreneur: Lindsay Phillips

website: http://www.lindsay-phillips.com/about.aspx
Back-to-school season is upon us, and even the best students need a little motivation to trade the beach, summer camp and carefree days for the classroom. But what if you could turn a school project into a $30 million business? That’s exactly what Lindsay Phillips, the creator of SwitchFlops, did.

Now 25, Phillips came up with the idea for SwitchFlops at 16, as part of a high school art project. Today, her company — Lindsay Phillips — employs 35 full-time staffers and is projected to bring in $30 million in revenue this year.

The idea is simple — SwitchFlops are sandals with interchangeable straps. So instead of buying several pairs of sandals, customers can instead own one sandal with multiple straps. In the wake of the Great Recession, a 3-in-1 shoe (or, heck, 50-in-1) is tailor-made for shoppers on a budget.

The basic sandal itself costs $35, and additional straps are $12. Officially launched in 2007, SwitchFlops are now sold in more than 4,000 stores around the world, and Phillips’ line has evolved into other footwear like ballet flats, wedges and espadrilles. The company also makes shopping bags, scarves and sandals for children. Lindsay Phillips, the company, is currently building an overseas office.

It didn’t hurt that Phillips, at the ripe-old age of 23, had the wisdom to know what she didn’t know — and brought aboard a CEO, Jeffrey Davidson, 50, who has a lot of experience in growing companies.

Which isn’t to take away anything from Phillips, who had the initiative and vision at age 16 to craft her art into something with commercial potential. She made some flip-flops — ceramic flip-flops that had straps with “fun, funky buttons” on them. “It made sense when I came up with this idea,” says Phillips, who grew up in Tampa, Fla. “Everyone wore flip-flops to school, all the time.”

Her parents proudly displayed the colorful sandals in their house. And guests noticed. One woman even tried to put them on. “They’re ceramic,” Phillips told her, but the teenager suddenly had the idea that she should make some actual flip-flops.

“I bought some fun buttons and tried to put them on some sandals, but they kept falling off when I’d go to the beach, so I came up with Velcro, and started lining it to the shoes,” says Phillips, who gave out her prototype sandal straps to family members and friends.

It was just a hobby at first, until a relative said, “This is really an amazing idea. You need to patent this.”

“I’m 16,” Phillips replied. “I really don’t know what a patent is. Can you help me?”

She wound up going to a sympathetic but skeptical patent attorney, who told her to do some research and make sure there wasn’t anything similar already on the market. If she couldn’t find anything, he said he would work with her. She did her research, turned up nothing, and to the attorney’s astonishment, he couldn’t find anything either. They began the process of applying for a patent. It took four years.

Phillips finished high school and started college in the meantime. She majored in art history at Rollins College and minored in communications, instead of focusing on business. “My parents told me to study what I enjoy because I’d probably do business for the rest of my life,” she says.

But her innovation was always top of mind. Phillips worked summers at Polo Ralph Lauren’s leather goods division in New York, honing her merchandising and manufacturing skills, and traveled to Europe in a Semester at Sea program — until she was ready to unleash her creation to the world.

The patent was granted in 2004, and after that, Phillips partnered with her mom, Liz, and began looking for a manufacturer. SwitchFlops made their first real retail appearance in January 2007 at the Surf Expo Trade Show in Orlando.

“We started with 10 straps,” Phillips says. “Basic colors, but we wanted to start off with the basics, and it’s been very successful. We find our typical customer owns three pairs of shoes and 10 straps, and for them to be able to go and customize them — well, they get very excited and really enjoy doing it. We really think it’s all about versatility and value.”

Phillips has managed to tap into the growing customization zeitgeist. While people have always wanted to stand out from the crowd, technology has really allowed consumers to tailor products to their own tastes in recent years — and businesses are increasingly offering an interactive, design-your-own experience.

As marketing guru Randy Gage, author of Why You’re Dumb, Sick & Broke… and how to get Smart, Healthy & Rich, notes, “I was always told, ‘Find a need and fill it,’ but that’s actually bad advice because people don’t usually do what they need, but what they want. Better advice is, ‘Find a want and fill it.'”

Phillips, of course, has managed to do just that. “SwitchFlops allow you to express yourself,” she says. “Everyone wants to be a little unique, and while we might have the same bag, we don’t want it to be exactly the same.”

Phillips recalls meeting one of her customers who had eight pairs of her shoes and 30 straps, and seeing women staring at her displays like kids in a candy store, as they selected straps and matched them up with shoes. “It’s amazing to be in the store and watch it happen because everyone picks out something different,” she says.

And being different, of course, is the whole idea.

Source: http://smallbusiness.aol.com/2010/09/01/why-didnt-i-think-of-that-switchflops-the-30-million-school/?icid=main%7Cmain%7Cdl5%7Csec1_lnk3%7C169003

September 8, 2010 Posted by | Business, invention, Million dollars Idea, Millionaire, News, Television, Uncategorized, Youtube | Leave a comment

Business idea: Burt’s Bees

How It All Began
We got our start back in 1984 in Maine, when Roxanne Quimby and Burt Shavitz teamed up selling candles made from the beeswax created as a by-product of Burt’s honey business. At the very first craft fair, they sold $200 worth, and by the end of the first year, sales climbed to $20,000. Their fine attention to detail was an integral part of their success. For instance, Roxanne noticed that women always turned a candle over to look at the bottom before purchasing it. Roxanne knew that ensuring that each candle was cut to a fine finish, especially on the bottom of the candle, would signal to consumers that the candles were of the ultimate quality.

Read the whole Burt’s Story in Roxanne’s words.
1989: The Buzz Started Spreading
Word about our products soon reached New York, and in 1989, the hip Zona boutique ordered hundreds of our candles. So, naturally, we expanded production. We hired 40 employees and set up shop in an abandoned bowling alley. Around this time, Roxanne happened upon a 19th century book of home-made personal care recipes and that’s when the Burt’s Bees we know and love now really began.
1991: Beeswax Gets A New Use
In 1991, the year we incorporated, we were making half a million candles a year, as well as natural soaps and perfumes cooked up on gas stoves. That’s when we got the idea to add lip balm to our line-up. To this day, it is our best-selling product.
1993: Time to Move On
With an ever-expanding product line and more and more orders to fill, we knew in 1993 that we needed to expand. We searched high and low for a new home, and finally decided on business- and community-friendly North Carolina. The area was already home to several other internationally-known personal care products companies. We figured if it was good enough for them, it was good enough for us. It was also at this time that we made the difficult decision to focus our entire product line on personal care.
1994: Growing Into Our New Home
We set up shop in an 18,000 square-foot former garment factory in Creedmoor in 1994, and opened our first retail store the following year in nearby Chapel Hill. By this time, we had 50 products, some of which were even being distributed as far away as Japan. And we were embracing automation, one piece of machinery at a time ensuring all the while that it maintained that homemade quality and feel. In the spirit of recycling, we acquired a giant second-hand mixer from the cafeteria at nearby Duke University.
1998: Smaller Sizes, Bigger Success
By 1998, our annual sales had reached over $8 million and we had more than 100 distinct items in our product line, which were being sold in over 4,000 outlets, including Whole Foods Market and Cracker Barrel. That year, our new travel-sized natural skin care and hair care products became instant best-sellers.

The following year, we introduced our first body lotions featuring natural milk and sugar enzymes, as well as a line of bath products made with sea ingredients.
1999: Worldwide Expansion
Over the next several years, product lines grew, profits grew and the space we worked in grew. We relocated again to a 105,000 square-foot site in Durham near Research Triangle and soon expanded that to 136,000 square feet. It was at that time that we launched our eCommerce website, making our products readily available for purchase country-wide. In 2002 and 2003, we launched our first toothpaste and shampoo as well as our incredibly popular Baby Bee product line.
2002: Environmental Conservation
But Roxanne hadn’t forgotten the company’s roots in Maine. She used some of our profits to buy tracts of forest land in northern Maine to preserve them from development. This purchase marked the beginning of a long-standing relationship with The Nature Conservancy, which over the years, has helped conserve 185,000 acres of Maine forest land.
2007: Leading the Industry, Still Moving Forward
With our sales topping $250 million, we were becoming a household name—in nearly 30,000 retail outlets, including Target, Kroger and Rite-Aid. We launched a sun care line and expanded into body wash. And we began our important work with other like-minded companies to set the standard for what products can be labeled natural. Our efforts were met with overwhelming support from consumers, with over 30,000 signing a petition in support of the cause. Last but not least, we created a public service announcement to raise awareness about Colony Collapse Disorder, which really created a buzz running before Bee Movie.
2008: Busy Making Products and Setting Standards
With lots of great ideas finally coming to fruition, we launched our Naturally Ageless line, as well as a our line of lip glosses, all while expanding our Naturally Nourishing and Baby lines. We also expanded internationally to the U.K, Australia and Japan. Here at home, we were proud to be a part of launching the Natural Seal, which certifies products that meet the stringent requirements set by the Natural Products. The announcement of the Natural Seal drew support from 45,000 consumers, who voted “natural” led by actress, Julianne Moore.
2009: Celebrating 25 Years for The Greater Good™
We never thought 25 years would go by so quickly! We celebrated our 25th Burt Day with our loyal fans by giving them the gift of well-being. For 25 days, we gave away great Burt Day gifts, including 25,000 Beeswax Lip Balms! Over 500,000 fans participated in the fun on Facebook and a special Burt Day celebrity toasts and fun facts about our history. Continuing our growth, we launched in Korea and are honored to have been voted the second greenest U.S. brand. It’s been such an exciting ride—we’re looking forward to our next 25 years!
source: http://www.burtsbees.com/c/story/history/

September 8, 2010 Posted by | Business, Entrepreneur, Million dollars Idea, Millionaire, Uncategorized, Youtube | Leave a comment

Book: Copy this! by Paul Orfalea and Ann Marsh

September 4, 2010 Posted by | Book, Business, Entrepreneur, Life, Million dollars Idea, Millionaire, News, Television, Uncategorized, Youtube | Leave a comment