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Early Success: 7 Entrepreneurs Who Got Rich During or After College

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Not all entrepreneurs wait until they have years of experience to start out on their own. Many have the confidence in their abilities and ideas to get an early start. The seven entrepreneurs below did just that. They either dropped out of school and found success quickly, or did so shortly after graduation.

1. Matt Mullenweg – WordPress

In 2003 Matt Mullenweg was a 19 year old freshman at the University of Houston. This was also the year he co founded WordPress. He’s also the cofounder of the Global Multimedia Protocols Group. That’s only the beginning. He also spent time at C-Net.

Thanks to these and other ventures, Mullenweg is now worth over 40 million dollars. He supports several charitable foundations including The Innocence Project and efforts to provide clean and safe drinking water to emerging nations.

2. Jen Rubio And Steph Korey – Away

Steph Korey was busy working on her advanced degree at Columbia university when her friend Jen Rubio approached her with an idea for a travel business. Rubio had been traveling when her suitcase failed in the middle of a Zurich airport. She reached out to friends via social media for recommendations on replacements. What she found was that nobody really had any. Apparently there simply weren’t suitcases that millennials found to be functional and affordable.

Jen got Steph on board and they launched Away, a luggage company dedicated to selling suitcases and other items directly to consumers. Since it was formed in 2015, they’ve raised 31 million dollars in capital and hired 66 employees. According to Rubio, “We were very lucky. My background is in branding and creative. Steph’s background is in product and supply chain and operations. Between us, we had a lot of things covered. We didn’t have to go outside for a lot of those things for a long time.”

3. Mark Zuckerberg – Facebook

Likely the most well known name on this list, Zuckerberg is still worth mentioning as an example of someone who decided to stop procrastinating and pursue their goals. Mark Zuckerberg started Facebook in 2004 while he was a student at Harvard. He and his friends created the social media platform to help other Harvard students connect with one another. Then, they began distributing the platform to other colleges and universities.

Zuckerberg left Harvard as a sophomore to continue building his enterprise. By the time he was 22, he became a millionaire. Since then, in spite of having many challengers, Facebook remains the premier social media platform. That, along with other platforms also owned by Facebook, including Instagram, show no sign of slowed growth.

 “Don’t let anyone tell you to change who you are.” – Mark Zuckerberg

4. Isa Watson – Envested

Isa Watson was working at Pfizer and well-entrenched in an MBA program at MIT Sloan when her father was tragically killed in a car accident. When she returned to her home city of Chapel Hill, her life began to take a definitive turn. Instead of following her dreams to head to Silicon Valley, she decided to stay in Chapel Hill and start a business with the goal of getting millennials to invest in local charitable initiatives.

To accomplish her goal, Watson along with other collaborators created Envested. This is, in essence a platform for local charities. Not for profits post profiles,  hold fundraising challenges, and tell their stories. At the same time, givers can sign up, learn more about local charities, and donate. Envested has even gamified charitable giving a bit with friends being able to see what one another is donating. Envested has raised 760K in funding.

5. Kyle Smitley – Barley And Birch

Kyle Smitley founded Barley and Birch in 2008. By 2009, the company had $400K in projected revenue. Her business, which produces an organic clothing line for children, quickly became popular with celebrities. In fact, both Jessica Alba and Sheryl Crow dressed their children in Barley And Birch. In addition to earning a sizeable profit early on, Smitley also committed to charitable giving.

After covering payroll and paying down a business loan, over half of Barley And Birch’s profits went to charity. What may be most impressive of all is that she launched this successful clothing company while she was a full time law student.

6. Lisa Q Fetterman – Nomiku

Fetterman graduated from journalism school at NYU, and immediately started a series of jobs in fine dining restaurants. She also worked as a journalist for several publications. However, it was a trend she witnessed in fine dining that would inspire her to start her own business. Fetterman noticed that several restaurants were using sous vide, a technique involving cooking meat and vegetables in a relatively low temperature water bath while vacuum sealed with herbs and marinades. Customers loved the result.

She and her future husband built a home sous vide unit on their first date. Then, they began assembling DIY kits for friends. This eventually grew into a business. Lisa Fetterman was only 26 when her business launched. Eventually, they raised $600K to launch Nomiku. The company now produces smart units that can be monitored and controlled via app. Their venture was also funded even further when Fetterman made an appearance on the show ‘Shark Tank’.

“When you’re ready to quit, you are closer than you think.” – Bob Parsons

7. Ryan Williams – Cadre

Williams entrepreneurial drive became clear when he was still a student at Harvard. There, he created technology that could track foreclosures. He and other students then used the information they mined to purchase and flip homes. After graduation, he spent time at Goldman Sachs then Blackstone. However, by the time  he was 26 he was ready to strike out on his own again. This time he founded Cadre. This is a platform that allows buyers and sellers to trade in nontraditional assets like they would stocks. He believes that this will create accessibility in areas such as real estate, oil, and energy where it did not previously exist. Currently, real estate is the primary focus of Cadre. Ryan William’s firm has currently earned north of $68 million in funding.

Conclusion

There are so many business ideas that started in college dorm rooms, or emerged shortly after. The entrepreneurs listed here are just a few examples of young people having great ideas and then putting those ideas into action. There are so many more, especially considering that a young entrepreneur can be successful without creating six or seven figures worth of revenue.

What did you learn from the stories of these entrepreneurs? Comment below!

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The Entrepreneur’s Reading List That Transforms Ideas Into Empires

These must-read titles and writing insights reveal how entrepreneurs turn bold ideas into empire-level success.

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top entrepreneurship books for business growth
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Entrepreneurship is powered by stories—of accomplishment, failure, and decision moments that define businesses. Books are maps, providing insight from individuals who’ve traversed the road ahead. (more…)

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Entrepreneurs

The Leadership Shift Every Company Needs in 2025

Struggling to keep your team engaged? Here’s how leaders can turn frustrated employees into loyal advocates.

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Bridging the gap between employees and employers
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In workplaces around the world, there’s a growing gap between employers and employees and between superiors and their teams. It’s a common refrain: “People don’t leave companies, they leave bad bosses.”

While there are, of course, cases where management could do better, this isn’t just a “bad boss” problem. The relationship between leaders and employees is complex. Instead of assigning blame, we should explore practical solutions to build stronger, healthier workplaces where everyone thrives.

Why This Gap Exists

Every workplace needs someone to guide, supervise, and provide feedback. That’s essential for productivity and performance. But because there are usually far more employees than managers, dissatisfaction, fair or not, spreads quickly.

What if, instead of focusing on blame, we focused on building trust, empathy, and communication? This is where modern leadership and human-centered management can make a difference.

Tools and Techniques to Bridge the Gap

Here are proven strategies leaders and employees can use to foster stronger relationships and create a workplace where people actually want to stay.

1. Practice Mutual Empathy

Both managers and employees need to recognize they are ultimately on the same team. Leaders have to balance people and performance, and often face intense pressure to hit targets. Employees who understand this reality are more likely to cooperate and problem-solve collaboratively.

2. Maintain Professional Boundaries

Superiors should separate personal issues from professional decision-making. Consistency, fairness, and integrity build trust, and trust is the foundation of a motivated team.

3. Follow the Golden Rule

Treat people how you would like to be treated. This simple principle encourages compassion and respect, two qualities every effective leader must demonstrate.

4. Avoid Micromanagement

Micromanaging stifles creativity and damages morale. Great leaders see themselves as partners, not just bosses, and treat their teams as collaborators working toward a shared goal.

5. Empower Employees to Grow

Empowerment means giving employees responsibility that matches their capacity, and then trusting them to deliver. Encourage them to take calculated risks, learn from mistakes, and problem-solve independently. If something goes wrong, turn it into a learning opportunity, not a reprimand.

6. Communicate in All Directions

Communication shouldn’t just be top-down. Invite feedback, create open channels for suggestions, and genuinely listen to what your people have to say. Healthy upward communication closes gaps before they become conflicts.

7. Overcome Insecurities

Many leaders secretly fear being outshone by younger, more tech-savvy employees. Instead of resisting, embrace the chance to learn from them. Humility earns respect and helps the team innovate faster.

8. Invest in Coaching and Mentorship

True leaders grow other leaders. Provide mentorship, career guidance, and stretch opportunities so employees can develop new skills. Leadership is learned through experience, but guided experience is even more powerful.

9. Eliminate Favoritism

Avoid cliques and office politics. Decisions should be based on facts and fairness, not gossip. Objective, transparent decision-making builds credibility.

10. Recognize Efforts Promptly

Recognition often matters more than rewards. Publicly appreciate employees’ contributions and do so consistently and fairly. A timely “thank you” can be more motivating than a quarterly bonus.

11. Conduct Thoughtful Exit Interviews

When employees leave, treat it as an opportunity to learn. Keep interviews confidential and use the insights to improve management practices and culture.

12. Provide Leadership Development

Train managers to lead, not just supervise. Leadership development programs help shift mindsets from “command and control” to “coach and empower.” This transformation has a direct impact on morale and retention.

13. Adopt Soft Leadership Principles

Today’s workforce, largely millennials and Gen Z, value collaboration over hierarchy. Soft leadership focuses on partnership, mutual respect, and shared purpose, rather than rigid top-down control.

The Bigger Picture: HR’s Role

Mercer’s global research highlights five key priorities for organizations:

  • Build diverse talent pipelines

  • Embrace flexible work models

  • Design compelling career paths

  • Simplify HR processes

  • Redefine the value HR brings

The challenge? Employers and employees often view these priorities differently. Bridging that perception gap is just as important as bridging the relational gap between leaders and staff.

Treat Employees Like Associates, Not Just Staff

When you treat employees like partners, they bring their best selves to work. HR leaders must develop strategies to keep talent engaged, empowered, and prepared for the future.

Organizational success starts with people, always. Build the relationship with your team first, and the results will follow.

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Entrepreneurs

What Makes an Entrepreneurial Leader? Traits of the World’s Best Innovators

Inside the mindset of entrepreneurial leaders who transform risk, passion, and vision into world-changing results.

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entrepreneurial leadership skills and traits
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When you think of Richard Branson (Virgin Group), Bill Gates (Microsoft), Steve Jobs (Apple), Rupert Murdoch (News Corporation), and Ted Turner (CNN), one thing becomes clear: they are not just entrepreneurs, they are entrepreneurial leaders. (more…)

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Entrepreneurs

Building a Business Empire: Lessons from the World’s Boldest Entrepreneurs

Learn essential lessons, success strategies, and mindset shifts every aspiring entrepreneur needs to overcome challenges and build a thriving business.

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how to build a business empire
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Back in July 2017, I attended a business seminar on entrepreneurship in India. With my appetite for learning and meeting new people, I wanted to explore the latest developments in the entrepreneurial world. (more…)

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