The Young Millionaires Club

Thursday, 21 Oct 2010 | 3:05 PM ET

With 15 million people still unemployed in the U.S. and companies being tight on their spending, it’s easy to throw your hands up and say, “But nobody’s hiring!”

US $100 banknote and a compass
Kick Images | iStock Exclusive | Getty Images
US $100 banknote and a compass

The truth is, if no big corporation is hiring, YOU can hire you — Become an entrepreneur. Study different types of business and figure out a niche where you can make money. All it takes is an idea and the drive to take it to market.

And if you think being a small-business owner can’t make you a lot of money, or can’t make you a lot of money fast, we’ve found a few people who may change your mind.

They are the Young Millionaires Club — Not famous people like rap stars and NBA players, but everyday people who made their first million in their 20s — or even their teens! They were making their first million while others their age were fetching coffee — or playing with their friends.

Click hereto read their stories — What their idea was, how they turned it into a business and how they made their first million before they were 30.

Plus, tune in to CNBC Thursday, Oct 21 at 9pm for “How I Made My Millions.”

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Contact Pony Blog

  • Cindy Perman is a writer at CNBC.com, covering jobs, real estate, retirement and personal finance.

  • Based in Los Angeles, Jane Wells is a CNBC business news reporter and also writes the Funny Business blog for CNBC.com.