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Teen Entrepreneurs

With today’s jobs market in a dismal state, no buzz word has given more hope to the youthful unemployed than the word “entrepreneurship.”

More and more, young men and women are striking gold — armed with a strong innovative spirit, a razor-sharp focus and an ability to hold their own in the marketplace. From coaches, automobiles and limos to T-shirts, street fashion — and, yes, the inevitable social networking tools so embraced by the 21st century, industries across the globe are seeing their very own teen tycoons-in-the-making.

Click ahead to see 10 budding young entrepreneurs who have already made it big — even in the face of today’s daunting market!

By Kirsten Chang
Posted 8 August 2012

Episode one of “20 Under 20: Transforming Tomorrow” premieres Aug. 13 at 10 p.m. ET; episode 2 premieres Aug. 14 at 10 p.m. ET.

Photo: Peter Dazeley | Photographer's Choice | Getty Images