Saturday, June 04, 2005

Farrah Gray, entrepreneur

Updated, July 29, 2006

This post is over a year old at this writing. When you get finished here, I have an update.

If you haven't heard of him yet, you will. Neal Boortz interviewed this kid by phone for a valuable ten minutes, and allowed him to talk!
He was impressed. Me, too.
This from which has a picture and other links.

... At age 14, this young entrepreneur was a millionaire.

Gray's entrepreneurial journey began at age six when he went door to door selling body lotion for $1.50. Always starting economic empowerment clubs at school, Gray got the idea to do a radio show. At age 9, Gray co-hosted a radio show called "Backstage Live" which eventually reached 12 million listeners.

By middle school, Gray had a nationwide speaking career, commanding $5,000-$10,000 per appearance. Puberty hits. While most young men were off discovering the opposite sex, Mr. Gray started his own specialty food company, "Farr-Out Foods", which he marketed to young people and sold for $1.5 million by his 14th birthday. He started the company with a make-shift "we're too poor to buy syrup" recipe from his grandmother.

Now at age 20, Gray has his hands in multiple projects including the acquisition of "Inner City Magazine", his charitable foundation, "The Farrah Gray Foundation", which helps empower young inner city kids to think economically, and lastly, real estate investing. January 1st of this year, Gray released his first book, "Reallionaire: Nine Steps to Becoming Rich from the Inside Out", which lists the practical lessons that took him from public assistance to being a multi-millionaire.

As I said, go on. Tell me about education.
While you're at it, tell Doc Searls, too.

1 comment:

vietnamcatfish said...

Farr-out Foods, eh? I once introduced a new item into the market place and received a warm "thank-you" letter from the "Brass." No remuneration. As time wore on, what little accolades I received soon dissolved into ancient memory. The company ( using the term "loosely" here)began to imagine "it is me precious."
Perhaps I can market my product under the trademark, "Katatonic Foods." The product in question fits. Loaded with sugar and all those things that aren't good for one's constitution. But many products in our society can cause an early demise. Smoking; french fries; Whoppers; interstate highways; skydiving; etc.
Maybe Mr. Boortz ( "Mighty Whitey" and "White Chocolate" ) will one day interview the "Kat," er, "Cat."
gimme shelter, v.c.