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12 Young Entrepreneurs Show Us How to Make It Happen |
12 Young Entrepreneurs Show Us How to Make It Happen
 IRVINE, Calif., Aug. 27 /PRNewswire/ -- No matter what the state of the economy, entrepreneurial business owners are forging full speed ahead, and entrepreneur magazine reveals how they're doing it. The September issue turns the light on 12 young millionaires and their businesses: how they got started,
how they grew, and what they learned along the way.
These passionate young millionaires are all innovators in their own
right, with businesses that offer everything from natural pet treats to
energy project development services. The common ground in all their
stories and
profiles is can't-buy, first-hand advice straight from the entrepreneurial journey.
Take Chris Mittelstaedt (39) of The Fruitguys. His fresh fruit delivery
service for workplaces is a big hit with $10 million in projected 2008
sales, but business wasn't always so peachy. The dotcom bust severely
damaged his company and left him with debt after customers went belly
up. With some hard-earned lessons, including keeping an eye on the
horizon and restructuring his business, he prevailed with a full-scale
operation to over 3,000 customers nationwide.
Mittelstaedt and the other young millionaires featured are expected to
generate nearly $263 million in projected 2008 sales. Says Amy Cosper,
VP/editor in chief at Entrepreneur, "Without a doubt, entrepreneurs are
making dramatic headway in keeping the nation's economy thriving. But
for our readers, it's always about new ideas, the latest tools, and the
valuable lessons that come from doing that keeps them growing."
The names and businesses on this year's list include Greg Selkoe (33)
of Karmaloop, a streetwear retailer and online community with $40
million in projected 2008 sales; David Kim (29) of C2 Education, a
tutoring company with $48 million; and Maria Peevey (39) of SimplyShe
Inc., a manufacturer of fashion products, especially pet fashions, with
$50 million.
To learn more about all the young millionaires, pick up a copy on
newsstands today or visit http://www.entrepreneur.com/youngmillionaires.
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