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Picture this: you are young with a great idea that can be monetized, but you are overwhelmed by how you can start. You may be wondering, “how can I become a billionaire?” but may also be worried and thinking to yourself, “maybe I am too inexperienced and young to start a billion-dollar business”. This is not true, because age has never limited amazing ideas and therefore will never be an accurate indicator of success. With the large online presence that we see in the world today, it has become so much easier and more accessible to not only share your ideas with the world but monetize them as well.

Here are some examples of young billionaires who entered the market with the force of a great idea driving them.

Joe Gebbia is only 38 years old and his net worth is valued at 4.2 billion. He gained his fortune by co-founding Airbnb, an online platform that helps pair travelers and hosts with rooms to stay at. Airbnb also helps facilitate secure payment. His academic background is in graphic design and industrial design, and the idea of Airbnb came about when he and his co-founder charged attendees of a design conference in San Francisco to sleep on a mattress on their floor.

Ernest Garcia III is 37 years old and gained his 2.3 billion dollar net worth after the creation of a company called “Carvana”. Their website is an online platform for users to browse for used cars on the market, and even gives customers an option to have the car delivered or to trade in their current vehicle. He was also named by Ernst and Young as the top entrepreneur for his region. As recently as 2017, Carvana became a public company that allowed it to earn another $225 million.

Patrick Collison is 28 and is the co-founder of Stripe, which is a company that lets individuals accept payments safely over the internet. He is currently valued at 2.1 billion dollars, and he and his brother first thought of the idea for Stripe during their college years. Some of the investors to their company include Elon Musk and Peter Thiel.

And of course, there are also well known young billionaires such as Mark Zuckerburg (founder of Facebook) and Evan Spiegel and Bobby Murphy (co-founders of Snap, Inc. also known as Snapchat and Bitmoji). While they are leading large and profitable businesses, we must remember that they once young entrepreneurs who started with an idea and a simple online platform to start their business as well.

As can be seen, no idea can be too mundane. If you have something in mind, our team can help you bring it to life. It is never too early to start. In fact, the earlier you start, the quicker you can monetize your idea. The fear of being too “young and/or inexperienced” to turn your idea into reality will no longer be an issue once you approach our team, who will facilitate an NDA and help you lay out a roadmap on how you can capture and audience and bring your ideas to an online platform of your choice. Contact us today at SDI to get started!

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