A school boy entrepreneur dubbed ‘the next Alan Sugar’ told of his pride today at making his first £MILLION – after starting his business at the age of 14.
Delighted Christian Owens, now 16, used his pocket money to fund his first venture, website Mac Box Bundle, which has taken £700,000 since its launch in 2008.
He launched advertising pay-per-click company ‘Branchr’ a year later and worked on the company after school and at weekends.
Branchr was a smash hit with internet sites, made a staggering £500,000 in its first year and now counts betting site William Hill and social networking site MySpace as devoted clients.
Christian, from Corby, Northants., currently employs eight adult workers around the UK and America as sales and technical assistants and plans to open two Branchr offices in the next year.
The youngster, who lives with his parents, company secretary Alison, 43 and factory worker dad Julian, 50, was inspired to go into business after watching Apple CEO Steve Jobs storm to success.
He invests the majority of his earnings back into his businesses and is determined to make £100 million with Branchr in the future.
He said: ”I really wanted to create something groundbreaking and simple, that would revolutionise the way advertising works.
”Mac Box Bundle was already becoming a success but I really wanted to push myself and do something different, so I came up with the idea of Branchr.
”I think everyone has business sense in them, they just need to gain experience and be determined to make it.
”My friends and I don’t really talk about my success, to them I’m just a normal teenager and it doesn’t change anything between us.
”There is no magical formula to business, it takes hard work, determination and the drive to do something great
”My aim is to become a leading name in the world of internet and mobile advertising and push myself right to the top of the game.
”I don’t know where I will be in 10 years time but I won’t leave Branchr until it has reached £100 million.”
Christian, who has used a computer since the age of seven, began teaching himself basic web design at the age of 10 when he was given his first Mac computer.
Branchr works as a platform for website owners to sell advertising space, and business owners to buy it.
The company now sells more than 250 million adverts to 11,000 websites every month and has acquired a second company, Atomplan, which provides business software.
Mac Box Bundle sells a combination of popular Mac applications, worth up to £400USD together for under £100USD a time, and donates 10 percent of each price to charity.