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10 of the Youngest Self-Made Millionaires Ever

10 Fraser Doherty

“I can’t be pre-occupied with the money,” said Fraser Doherty. “I make jam because it’s what I love to do. Success is pretty sweet too.”

At 14 years old, Fraser started making homemade jam with his grandmother’s personal recipes from his family home in Edinburgh, Scotland. He would sell the jam to friends and neighbours, and word must have spread like jam across bread because by the time he was 16, he could barely keep up with public demand for his jam, which he had slightly modified so that it was his own jam rather than his grandma’s. He was now calling it “SuperJam”.

He decided school was for chumps who couldn’t make money selling jam, so he dropped out and focused on his jam production full-time. At this point, he was approached by a very famous UK supermarket chain, who wanted to sell his jam in all 184 stores it had across the United Kingdom.

He might have left school early, but Fraser wasn’t dumb. He said yes to the deal and took out a $9000 loan to help him expand operations and produce enough jam to keep the supermarkets well-stocked.

By 2009, at just 18 years old, Fraser’s jam had made him $1.2 million. Since then, he has published a book on Amazon titled The SuperJam Cookbook.

 

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Murtaza Rangwala

Murtaza Rangwala is an entrepreneur and connector, as well as founder of Filmymantra.com. He's a frequent contributor for Filmymantra.com and provides startup advice on his motivational blog.Murtaza is a serial entrepreneur who loves building amazing products and services that scale.… More »

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