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The Web, a constant in most young Americans' lives, makes it cheaper than ever to get going, there's plenty of encouragement in the form of twentysomething role models such as Facebook's Mark Zuckerberg, and a wide array of entrepreneurship programs are available across the country. Plus, running your own business is considered cooler than ever.
Millenials in particular want to be able to control their own destinies, and entrepreneurship allows them to do this," says David Galbinski, the chairman-elect of Entrepreneurs' Organization, a 6,600-member networking group for business owners whose businesses' yearly revenues exceed $1 million. The number of EO members in the 18-to-35-year-old age group has more than tripled since 2001, to 3,356, and Galbinski expects entrepreneurship to become increasingly attractive to young people.
Entrepreneur(s) Company Company Description
# Sam Altman and Nick Sivo (Loopt) Loopt Business that allows users to locate friends on a map via cell phone or Web site
# Ubong Attah Studio10Fourteen and Prolete Medical Billing Web design firm and medical billing management
# Tyler Barnett and Jason Ellman Barnett Ellman Public-relations firm which works with businesses targeting young consumers
# Lee Brown, Lucas Brown, and Lin Miao Tatto Using proprietary technology, builds inexpensive online marketing campaigns
# Vincent Choi, Deborah Umunnabuike, and Jessica Umunnabuike Avant Gaudy Online vintage clothing shop
# Mitch Cohen ClixConnect Helps online retailers improve customer service on their Web sites
# Max Crane, Tyler Dikman, David McIntosh, and Darian Shirazi Redux Software application allows users to aggregate chat accounts
# Francesco DeParis and Kyle Redinger DeParis Redinger Boutique investment bank that specializes in mergers-and-acquisitions advisory for small tech firms
# Max Durovic and Michael Kenny Aarrow Advertising Athletic routines that involve manipulating six-foot-long arrow-shaped advertisements
# Gabriel Erbst, Will Geronimo, and Dwight Lee TableXChange Online marketplace to buy and sell restaurant reservations
# Eugene Fernandez and Richard Scalesse Unique Squared Audio equipment online retail shop
# Ashutosh Gupta Gupta Financial Consulting Management consulting for small businesses
# Ben Keighran Bluepulse Free mobile social messaging platform
Jake Kloberdanz Hope Wine Winery that gives 50% of the profits from sales of its wines to charity
# Jasmine Lawrence Eden Body Works All-natural hair care products
Shawn Liu Hillhouse Tailors Bespoke clothing company which sells men's dress shirts made in Shanghai
# Amit Nar A Better Night's Sleep Center to test and treat sleep disorders such as apnea, insomnia, and narcolepsy
# Arun Parameswaran and Arjun Parameswaran Astutant Group Tax and accounting services for small- and midsize businesses
# Polina Raygorodskaya Polina Fashion Fashion production services business
Ashley Reed ASR Clothing Custom-designed line of streetwear hoodies, jeans, and T-shirts
# Sarah Schupp University Parent Produces institution-specific visitor guides in partnership with universities
# Rishi Shah Flying Cart Media Gives small-business owners a way to sell their products online
# Bryan Sims Brass Media Publisher of custom magazines
Nathaniel Stevens Yodle Advertising services company that serves local businesses
# Alex Tchekmeian AKT Enterprises Music industry merchandising, Web development, and online ticketing services
Millenials in particular want to be able to control their own destinies, and entrepreneurship allows them to do this," says David Galbinski, the chairman-elect of Entrepreneurs' Organization, a 6,600-member networking group for business owners whose businesses' yearly revenues exceed $1 million. The number of EO members in the 18-to-35-year-old age group has more than tripled since 2001, to 3,356, and Galbinski expects entrepreneurship to become increasingly attractive to young people.
Entrepreneur(s) Company Company Description
# Sam Altman and Nick Sivo (Loopt) Loopt Business that allows users to locate friends on a map via cell phone or Web site
# Ubong Attah Studio10Fourteen and Prolete Medical Billing Web design firm and medical billing management
# Tyler Barnett and Jason Ellman Barnett Ellman Public-relations firm which works with businesses targeting young consumers
# Lee Brown, Lucas Brown, and Lin Miao Tatto Using proprietary technology, builds inexpensive online marketing campaigns
# Vincent Choi, Deborah Umunnabuike, and Jessica Umunnabuike Avant Gaudy Online vintage clothing shop
# Mitch Cohen ClixConnect Helps online retailers improve customer service on their Web sites
# Max Crane, Tyler Dikman, David McIntosh, and Darian Shirazi Redux Software application allows users to aggregate chat accounts
# Francesco DeParis and Kyle Redinger DeParis Redinger Boutique investment bank that specializes in mergers-and-acquisitions advisory for small tech firms
# Max Durovic and Michael Kenny Aarrow Advertising Athletic routines that involve manipulating six-foot-long arrow-shaped advertisements
# Gabriel Erbst, Will Geronimo, and Dwight Lee TableXChange Online marketplace to buy and sell restaurant reservations
# Eugene Fernandez and Richard Scalesse Unique Squared Audio equipment online retail shop
# Ashutosh Gupta Gupta Financial Consulting Management consulting for small businesses
# Ben Keighran Bluepulse Free mobile social messaging platform
Jake Kloberdanz Hope Wine Winery that gives 50% of the profits from sales of its wines to charity
# Jasmine Lawrence Eden Body Works All-natural hair care products
Shawn Liu Hillhouse Tailors Bespoke clothing company which sells men's dress shirts made in Shanghai
# Amit Nar A Better Night's Sleep Center to test and treat sleep disorders such as apnea, insomnia, and narcolepsy
# Arun Parameswaran and Arjun Parameswaran Astutant Group Tax and accounting services for small- and midsize businesses
# Polina Raygorodskaya Polina Fashion Fashion production services business
Ashley Reed ASR Clothing Custom-designed line of streetwear hoodies, jeans, and T-shirts
# Sarah Schupp University Parent Produces institution-specific visitor guides in partnership with universities
# Rishi Shah Flying Cart Media Gives small-business owners a way to sell their products online
# Bryan Sims Brass Media Publisher of custom magazines
Nathaniel Stevens Yodle Advertising services company that serves local businesses
# Alex Tchekmeian AKT Enterprises Music industry merchandising, Web development, and online ticketing services