You don't have to be an adult to be an entrepreneur. In fact, you don't even have to be a high school graduate.
According to TeenBusiness.com, teenagers around the world are starting and running successful and inspiring businesses. The media has covered young people running high-tech and Web startups like Australian teen Nick D'Aloisio, who sold his news summary app, Summly, to Yahoo for $30 million last year. However, many young adults are changing what it means to be a teen entrepreneur by starting low-tech, green and science-based enterprises with goals that go beyond making money – they want to change lives, too.
"There are so many inspiring stories and teens exploring their hobbies and talents and turning them into businesses. It's exciting to discover and share their experiences and motivate others," said Nkem Modu, a curator for TeenBusiness.com.
In the United States, Carter Kostler, a 15-year-old from Virginia, started his business in an effort to fight the youth obesity epidemic. Kostler founded the Define Bottle, a sustainable and reusable fruit-infused water bottle, meant to help people cut down on consumption of sugary drinks. [5 Jobs for Health and Fitness Lovers ]
An Arizona teen, Bella Weems, started a jewelry business with only $350. Her business, Origami Owl, is now a multimillion-dollar company that, according to its website, employs more than 60,000 independent designers.
Many of these teens have gone above and beyond just creating successful businesses. They are helping the world at large, contributing to the health industry, saving the environment, and helping those who are less fortunate.
Nicole Ticea, a 15-year-old from Vancouver, Canada, devised an early-stage test that analyzes a pinprick of blood and can tell if a person has recently been infected with HIV.
In Uganda, 16-year-old Andrew Mupuy started Youth Entrepreneurial Link Investments, an eco-friendly paper bag manufacturing business, to help combat the environmental hazards of using plastic bags. Avani Singh, a 17-year-old from New Dehli, India, founded a program called Ummeed, which gives impoverished women a chance to support their families by training them to become drivers of electric-powered rickshaw taxis.
To read more inspiring stories about teen entrepreneurs, head to TeenBusiness.com.