Chloe Spencer

Chloe Spencer

Posted February 24, 2009 | 03:45 AM (EST)

Who Wants To Be A Teenage Millionaire?

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I've just come back from the Elite Retreat, and I have to say, that was one of the most influential experiences I've ever had. It wasn't just about making money, but building a brand, building a business, and being passionate about it.

Sitting in my seat and listening to the speakers' presentations was overwhelming. Everything they said sparked a new idea or inspiration, it was hard to sit still! I wanted to get right on to all my new ideas, building new sites, using new ad companies, checking out this blog or that site. It was so exciting, and I am so inspired now to go out there and really take advantage of my amazing opportunity as a teenage blogger and marketer.

Listening to Gary Vaynerchuk speak was absolutely amazing. People in the audience around me were saying "wow" over and over again during his talk--I too was mesmerized by what he was saying. He had accomplished so many of his dreams in life, but still had more to go, like buying the New York Jets football team! He was so incredibly confident in himself that he would reach all his goals, it made you feel confident in yourself that you could do the same. And the bigger the dreams you had, the better. The other speakers were amazing too, including Jeremy Schoemaker, Chris Winfield, Neil Patel, Andy Liu, Kris Jones, and my dad, Stephan Spencer.

On the second day of the conference, everyone was able to get one-on-one time with each speaker, where they shared with you their own personal tips on accomplishing your goals and making millions of dollars. So many new windows have opened up for me now after speaking with these people, and I have all new goals, one of them being to become a teenage millionaire before the time I graduate from high school. And that's next year. But I believe in myself--I know I can do it. The people at Elite Retreat were telling me, there's no reason why you can't be making as much money as your dad, you've got the opportunities, skills, connections, and a huge head start of being only 17 years old, and already playing with the big boys.

It was funny, at every restaurant we went to as a group during the conference, I got asked which wine I'd like. The first waiter offered me some wine, and I laughed all awkwardly and sputtered a confused, 'um, what?'. I wasn't sure if he was making a joke or not. I didn't hear any response so I turned around and looked at the waiter, who was staring at me very seriously and not laughing at all. I was like, 'oh! Um, no thank you?' He even came back after that 10 minutes later, and was like are you sure you don't want any wine? I could tell he thought I was very strange for not having any. I spared him the fact I was 17 years old. Even though I laughed about it, I felt very old and professional. It was a good feeling! I'm usually the youngest at every conference I attend or speak at, but that's ok, because I know I'm totally ahead of the game, and that's exciting.

I have so much to do and look forward to and accomplish, and the Elite Retreat has not only been the biggest inspiration ever for me, but the bridge to success and becoming a teenage millionaire.

I've just come back from the Elite Retreat, and I have to say, that was one of the most influential experiences I've ever had. It wasn't just about making money, but building a brand, building a busin...
I've just come back from the Elite Retreat, and I have to say, that was one of the most influential experiences I've ever had. It wasn't just about making money, but building a brand, building a busin...
 
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- Chloe Spencer - Huffpost Blogger I'm a Fan of Chloe Spencer permalink

I do not use my dad's money, I make my own money, thank you. My dad is an inspiration to me and pushes me to be successful, he is definitely not the type to just hand it to me. He likes me to learn HOW to do something myself, not have it done for me.

Kids CAN earn their own money these days--lots of money. Take Harrison Gevirtz, or Ashley Qualls, for example. Harrison was 15 when he became a self-made millionaire. And Ashley was 17. I am not yet as rich as those kids, but that's what I aspire to be. And I believe in myself. :)

    Favorite    Flag as abusive Posted 05:31 PM on 03/04/2009

Correction: This kid's rich dad will loan her the startup capital she needs, and whatever her idea is (whether it's good or stupid) will have a chance to succeed.

How much is the retreat? The website didn't say, but one attendee said he could work it off in less than a month. If I spent $100.00 today, I'd be about $80.00 short by the time rent is due. At 17 years old, what job does Chloe have that would give her the startup capital for a business that will make a million dollar profit in less than a year? If I had $10,000.00, I'm pretty sure I could turn it into $1,000,000.00 in less than five years. How do you go from $0 to $1 million in a year? I really don't mean to be all pessimistic in the midst of your optimism, but unless you already have the startup capital, reality will temper your optimism. Twenty years of poverty will do it to you too.

    Favorite    Flag as abusive Posted 04:58 PM on 02/25/2009

i am speechless.

    Favorite    Flag as abusive Posted 04:39 PM on 02/25/2009

Yeah, it's so easy. If you really try hard enough, you could probably be a teenage Billionaire! Everyone could be millionaires if they would just try harder and pick themselves up by their bootstraps.

Is this a joke? I guess all I'm missing is the guidance of the speakers at the Elite Retreat. I'm 37 and have been working sh*t jobs for very little money for 20 years. I have many entreprenurial ideas that I know would make tons of money, but I lack capital. Capitalism means that you have to have capital to participate. Now that the banks aren't lending (other than to people with immaculate credit, who have always made more than they could possibly spend), how is my American dream going to begin? This kid's rich dad will loan him the startup capital he needs, and whatever his idea is (whether it's good or stupid) will have a chance to succeed. I have at least 20 great, original, and useful ideas, but due to my socioeconomic stagnation, none of them will likely see the light of day. I can't even tell anyone about them because I can't afford to patent them, and chances are anyone I tell CAN afford to patent them.

    Favorite    Flag as abusive Posted 03:04 PM on 02/25/2009

Joethepauper I am sorry to see that you are limited by your own imagination of what you can do. Many people are.

Cloe is more right than you like to think and no, it dosn't have to take a lot of cash to make a lot of money. It dosn' even take education. I, myself, is a good example - I only have 9 years of basic school and no family cash - yet, I am making GREAT money today and operating 5 companies with a good number of employees.

Cloe is much more cleaver than I am and better educated too. If she put her mind to it she can indeed get very close to the $1 million before she turns 18 - even without daddys money.

    Favorite    Flag as abusive Posted 10:46 AM on 02/26/2009
- cylindar I'm a Fan of cylindar 7 fans permalink

Good for you. I am sure you will be successful.

    Favorite    Flag as abusive Posted 12:26 PM on 02/25/2009
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