Ateneo Innovation and Entrepreneurship
At the Entrepreneur.com site, 5 very young millionaires/entrepreneur were featured; their new found wealth were driven by innovation: e. g. how cellphones are used, making real estate transactions easier, apps, audio equipment.
By making life easier for consumers, these young entrepreneurs made a lot of money. Austin Allison of dollop is rich by making real estate deals/paperwork simpler, faster and easier. He expects $l5 million this year. His business has grown 70% quarter on quarter.
Squash champion Ahmad Kattak from Pakistan was pissed off by the byzanthine cellphone ownership system/business model in USA. He saw while in Europe that the cellphone use and ownership in US suffer incomparison. He set up GSMNation, settled his visa issue, was financed by his dentist for $200,000, yes his dentist. And sale for first year of GSM nation was $9 million For one company who spends $l000+ on phone bills, he was able to bring it down to mere $350.00
Find out the new ideas of these young entrepreneurs
"New ideas create more and better new products and services; create more wealth."
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