For most people, retiring before they are thirty is almost an impossible dream. However, more and more in today’s business world, there are young executives who came upon a good idea when they were in their early twenties and have developed it into a thriving business quickly. There are a large number of executives of major companies under the age of thirty, with most of those at the top being in the technology and internet segments of the economy.
Mark Zuckerberg – 29 (5/14/1984) – Facebook – For some people, it is difficult to remember a time before Facebook while for others, the idea of being without the penultimate social media site is a fate worse than death. A site that began as a small networking site for Harvard University students quickly grew into a social media mecca for people, businesses, and groups in today’s technology-driven world.
Zuckerberg and his roommates developed the site while still in college. Today, Zuckerberg is still the CEO of the company and is a billionaire several times over. Facebook has become pervasive in our society and is used by over a billion users worldwide.
Dustin Moskovitz – 29 (5/22/1984) – Facebook and Asana – The former college roommate of Mark Zuckerberg, Dustin Moskovitz was one of the four friends who founded the monster social networking site Facebook from their dorm room at Harvard University. After leaving Facebook, Moskovitz went on to co-create Asana, a software program that helps companies to maximize their productivity.
The program allows all members of a company to see the task lists and projects for all the work-teams in the organization. The program allows people to stay updated on what their colleagues are doing in a real-time application and can reduce the amount of time spent duplicating work or in up-date meetings. Moskovitz is a well-known angel investor in other technology companies and philanthropist. He has been named as one of the youngest self-made billionaires in 2012.
Blake Ross – 28 (6/12/1985) – Mozilla – Best known for its Firefox and Sea Monkey web browsers, Mozilla is a community of open-source developers releasing applications and software to the computing world through the Mozilla Communities. Mozilla, both the non-profit and taxed entities, shares a strong relationship with other large-share internet companies. Ross began working with the Netscape communities at a young age after experiencing frustrations with other operating systems and deciding he could make one that is easier to use.
After developing other projects, Ross left the Netscape community to create an open-source community that was independent of the large browser players. Firefox enjoys over a hundred million downloads a year, according to some sources, and is a major player in Internet browsers. Ross is still very involved in the business ventures and is among the wealthiest under 30 executives in the country.
Matt Mullenweg – 29 (1/11/1984) – WordPress – Most people have at least one blog they follow online and many people have their own blog out on the web. WordPress is an open-source blogging platform where people can create and maintain a blogging presence on the internet. In the past few years, blogging has become an essential part of the communications strategies of companies as well as those of individuals.
WordPress is the most popular blogging site on the web, boasting more than 60 million associated sites. Mullenweg has been named to several lists of the most influential people in the technology and media fields. As the founder of several internet companies and developer of many of the most popular online formats, Mullenweg has affected the way people use the web and how they communicate. A well-known philanthropist, Mullenweg regularly appears on lists of influential and wealthiest executives under the age of 30.
Lisa Falzone – 27 – Revel Systems – As the co-creator and founder of Revel Systems, Lisa Falzone put on the market a point of sale system that can be used with the iPad for restaurants and retail establishments. The Revel system can be found in restaurants nationwide, utilizing the productivity applications available on the iPad and the streamlined format to help employees manage their work space and time.
The Revel Systems point of sales model allows businesses to go beyond the complicated point of sales programs that require several different programs to complete all the functions needed for running a retail store or restaurant. Falzone is very involved in her company, raising capital to further grow the business as well as managing the day-to-day workings of the business. She has been named to several lists of influential entrepreneurs, including the Forbes list “30 under 30”.
The internet and media areas of the economy have proven to be fertile ground for young executives to make their mark and their wealth. In much of corporate America, it is still essential to pay one’s dues before being able to make a mark on the marketplace. However, there is still room in the economy for those who are willing to take a chance on a new idea and have the ability to bring it into existence. If the idea is right and the timing is good, there is still a good chance of making one’s fortune at a young age – even before reaching one’s thirtieth birthday.
Justin Norris is a professional blogger that provides tips and information on franchise opportunities and investments. He writes for FranchiseExpo.com, the place to find the best franchise opportunities available.