I recently came across this website after I saw it flash by in an online ad: Retire at 21. It’s a site that celebrates kids (some of them younger than 21) who have gotten super-rich by selling their websites and other online creations, in a perhaps soon-to-be-bygone ’00s style. The goal appears to be to put up something quick, hype it to the max, and hurry up and sell it for a lot of money to a corporation. A 17-year-old who’s made $10 million by offering MySpace layouts, a 19-year-old who made $15 million selling his blog. (One wonders how much of that wealth remains after this week…) The 17-year-old, by the way, dropped out of high school to run her website and employs her mother. (For a business that’s entirely dependent on ad revenue… a bit scary.)
I guess I can’t even get my mind around the notion of “retiring at 21.” Retiring… from what? Looking at these young people, who probably come from relatively well-off backgrounds to start with compared to 99% of the people on the earth, I can’t imagine that many of them have much personal experience of what a rat race is.
Considering what’s going on in the financial world today, I think Retire at 74 is more likely in the cards for the next generation.
Once I built a website, made it run
Made you waste your time…
Now I sold my website, now it’s done.
Brother, can you spare a dime?