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Sean Belnick

Started business when he was 14
Business: Belnick

Before office retailers like Staples started bringing their businesses online, Sean Belnick saw a huge, untapped market for furniture back in 2001. At age 14, he aimed to simplify the process consumers faced of buying furniture by founding BizChair.com. He started small, initially selling only office chairs. By selling goods directly to buyers, Sean managed to rake in revenues of $42 million by 2008.

“Customers won, we won and everyone was happy but the middle man,” he told Entrepreneur.com.

He has since expanded the business to include more furniture for offices, homes and restaurants. Now, at 25, he continues to lead the firm’s evolving market strategy and to focus on the development of new IT initiatives. In 2010, Belnick, the parent company of BizChair.com, saw sales rise to $58 million.

Photo: bizchair.com