Posts Tagged ‘Youthinbusiness.org’

Youth Entrepreneur Development Association (Y.E.D.)Hi all,

You may not have heard of Gurbaksh Chahal, but any 27-year-old who has already started and sold two companies for a total of $340 million, and has just secured more than $12 million in venture funding for his third, deserves the attention of all entrepreneurs, current and aspiring.

“G,” as he’s known, was born in India and came to the United States at age 3 with his parents. His father was a police officer and his mother was a nurse at a large hospital. Theycame to the U.S. virtually penniless. His father took a job as a security guard and his mother as a hospital orderly. To help out his family (he has three older siblings), G dropped out of school to start his first company, Click Agents, when he was 16. He sold the Internet advertising company two years later for $40 million. Then he started BlueLithium, another advertising business, which he sold three years later to Yahoo! for $300 million in cash. Last year he launched gWallet, a company in the digital payments business, which just closed on a major round of venture capital financing.

Aside from starting and selling companies for lots of money, G starred in Fox’s Secret Millionaire show and has appeared on Oprah and other major TV shows. He also published a memoir, The Dream: How I Learned the Risks and Rewards of Entrepreneurship and Made Millions

People say you can’t make it in life without school and education. I say you can’t make in life without a dream.

He clearly likes the spotlight (check out his website and do a Bing image search on his name). He lives in a $ 7 million San Francisco apartment and drives a $240,000 car. You may or may not relate to the flashiness of his image or his lifestyle, but he offers a plain-spoken manner and willingness to share some pretty valuable ideas.

Youth Entrepreneur Development Association (Y.E.D.) established by hundred of voices made to support & empower youth entrepreneurs.

Youth Entrepreneur Development Association (Y.E.D.) provides its members with access to tools, mentorship, community and educational resources that support each stage of their business’s development and growth. Our association promotes entrepreneurship as a solution to youth unemployment and underemployment.