Minnesota’s Young Millionaires 2015
The allure of early wealth is the American entrepreneurial fantasy. How businesspeople achieve that dreamed-of status by age 40 is not consistent, but rarely does the story involve an MBA followed by two decades working for a Fortune 500 corporation. The paths are eclectic and often idiosyncratic, but the 2015 crop of Twin Cities Business young millionaires do have intriguing characteristics in common. Most are immigrants or first-generation Americans.
All have technology at the center of—or as a key component of—their entrepreneurial effort. And none attribute their success to the time-tested path of a junior executive mentorship in a bureaucratic environment. For some the seeds are sown in family business, for others it’s discovering entrepreneurial solutions stemming from frustrations in corporate corridors, and sometimes it’s still that killer idea or app. The common denominators are focus, discipline, and a will to make it happen.