Reading this article in Forbes about Nick D’Aloisio, the 16 year old created of Summly (a new search program for the iPhone and Android phones), I had to ask myself if I could be a teenage billionaire if I was born in 1995 instead of 40 years earlier in 1945. After all, I was only eight years old, I assembled a crystal radio. When I was this kids age, my friend and I developed a small portable radio transmitter which we used to over power the car radios in cars driven by cute girls so we could flirt with them by broadcasting through there speakers. I can’t image what I could have done if I had been able to write iPhone apps. I did not start programing computer until 1966 when I was 21 but there was no way to turn that effort into a business. But I certainly had some business skills as a kid. I managed to make some serious money while a merchant seaman during my 18th year by trading goods and currency between the Philippines, Japan and the USA (I think the term for this career path was smuggler).
I am hoping that the next wave will involve senior citizens becoming billionaires by inventing things or at least one certain senior.