#7 Ephren Taylor

Ephren Taylor, since he couldn't afford a library of games for his Super Nintendo, so in 1994, Taylor, then age 12, decided to make his own. He thought himself to develop games by reading “How To Make A Video Game In 21 Days”, by Andre LaMothe. A few months later, he had coded his first game where the gamers were to shoot bad guys who were trying to kidnap the president. He sold about 30 copies to his friends for $10 a pop. This was just a beginning for this budding entrepreneur, who later went on a thought himself the nuances of web designing at the seasoned age of 13.  He hyped his services, under the banner Flame Software, on Internet chat boards. Tech brokers never questioned his age because he had the proper certifications and a rather deep phone voice.

Taylor initially charged just $200 per site, but quickly upped the ante when he realized competitors were getting thousands for the same service. "When I got a $3,800 check from an online retailer of vitamins and legal supplements, my parents thought I must be selling drugs," he said. Taylor crossed into seven-figure territory at age 16 by teaming up with friend Michael Stahl to build a job-posting Web site for high school and college kids called GoFerretGo.com.

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