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Five whiz kids made themselves successful achievers in the field of business at a very young age. These exceptional young achievers were making bank while their peers were out making trouble.

We peek into the inspirational lives of these five under 20-year-old kids owning million-dollar enterprises in search of the secrets to entrepreneurial success. Three of them came from the US, two from the UK. All of them started at the age of 15 or less, their friends, siblings and mentors were their business partners. The 5 have their common thread; preternatural business sense and demon drive to turn ideas into reality.

All of them were doing great online except for Fraser Doherty who do thing in an old-fashioned way. Back in 2002, when Fraser was at the age of 14, he started making jams from his grandmother’s recipes.
Neighbors and church friends love his jam and started to take orders from them. His homemade jam became hit and so, he rented time at a 200-person food-processing factory days a month.

At 16, he left his school and began to work on his jams. Waitrose, a high-end supermarket in the UK, approached Doherty to sell his jams in their stores. This was the start of his booming business.

Doherty’s word for young entrepreneurs, “ Have an attitude of adventure and enjoy the journey.” While Doherty has a passion for his jams, Cameron Johnson has a heart for his unique greeting cards.
When he was about 9-year-old, he launched his business making invitations for his parents’ holiday party and by the age of 11, he saved thousand of dollars selling his greeting cards. Johnson named his company Cheers and Tears.

But he didn’t stop there, he convinced his sister to sell his dolls and it became a hit. Unsatisfied, he then combined forced with other teen entrepreneurs and create an online advertising company called Surfingprizes.com.

According to Johnson, when he was 15, he already receiving checks ranges between $300,000 and $400,000 per month. And before he graduates, his combined assets were worth $1 million. Now 23, he spends his time promoting his book and giving speeches.

“Step out, do not be fear rejection and ask anything.”

Catherine Cook, 15 and her brother Dave, 17, were flipping through their yearbook in high school, then they came up with an idea of developing a free interactive version online. They convinced Geoff, their older brother, to invest $250,000 to help them launch MyYearbook.com, a social networking site that is popular nowadays.

Soon, the Cook siblings merged with Zenhex.com, an ad-supported site where users posts quizzes doubling the number of users taking in their site. It grows to over 3 million online users. All of these successful teenrepreneurs remain kids at heart even though they are earning 7 figures at a very early age.