Monday, April 27, 2009

Farrah Gray, millionaire at 14

I was watching CNN the other day when they featured an impressive young entrepreneur named Farrah Gray. Growing up in the projects of Chicago’s south side, he was a natural businessman. At age six, he started selling home-made body lotion and hand-painted rocks to his neighbors. By twelve, he was operating several ventures related to the telecoms, food, and entertainment industry. At 14, he was a self-made millionaire with an office in Wall Street.

In the interview, he said that he thought “comfort is the enemy of achievement”. He talked about being born in a poor family with a dad who was an activist and a hardworking mom that suffered from a heart ailment. So early on, he realized that he had to do something to help support their family and make their lives better. I think he did pretty well against the odds, especially since very few people believed he could reach this level of success.

When he was seven, he declared to his teacher that he was going to be a millionaire entrepreneur one day. Incredulous, she looked at him and said, “No, you’re not. You’re poor and your family’s poor. You better go look for somebody to work for.” Then she pointed at a nearby McDonald’s. Farrah went home and told his grandma what happened. She said, “No matter what anyone says to you, wake up every morning, honey, and ask, ‘Why not me?’”
Taking that advice to heart, he’s now a multi-millionaire at 24, a best-selling author, motivational speaker, and gives back by being an avid supporter of various charity organizations.

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