Sahil Lavingia, CEO of Gumroad raised $7 Million

Young achiever- Sahil Lavingia who raised $7 Million for his startup GUMROAD

iPhone apps designer at 14, a drop out from USC to join Pinterest design group which is in the third position on the race of social sites after facebook and twitter; a founder/CEO of startup Gumroad, a now 19 year old teenager is what Sahil Lavingia can be described as.  

Sahil Lavingia in an interview says it all began in his middle school when all the students were given free license to Photoshop. Don't you think it was like having a million dollar product in his pockets for free and he could least be away from messing with it! 

Sahil says- I googled Photoshop tutorials and made really weird things for fun and kind of got hooked. I started designing websites because that's where the money was.

A good licensed software landed in the hands of 11 or 12 year old boy who took all the liberty to use it on computer. But the best part is he knew what he was doing with it and how much to do it.

Sahil says- When I was 14 and I was like, "I'm tired of this, I want to build my own products." 

This was the idea of a mere 14 year old boy, rather a 14 year old kid (no kidding mind you!).

Thanks to the age of computer technology and the era of internet. Most importantly thanks to Steve Jobs and his mighty innovation of touch screen gadgets.

Sahil says- But then the iPhone came out and I learned that stuff really fast. I learned iPhone development in 2 weeks. I downloaded Stanford videos and those became my whole life. So I learned iOS development when I was 16.

I was financially independent when I was 15. I never really tell anyone that because it doesn't feel relevant, but looking back I think, Oh, starting a company might have actually made sense. I have been doing okay for a while. My bank account when I was 15 or 16 was over $100,000.

Now this is something. Earning money by an entrepreneur so young with such great ides for applications on a sophisticated gadget such as iPhone is a huge achievement. Today's kids are raised with the exposure to touch screen gadgets and social networking sites. Some of them grow smart enough to know what they want from life and all by the age of twelve to sixteen. Just like Sahil Lavingia, kids at 14 make up their minds to take risk (drop out of college or give up a job) and dream big. The beauty is that they succeed and live their dream; accomplish their aspirations; grow up earlier in life financially.

Lavingia got $1.1 Million funding earlier and he has now earned (!) $7 Million funding on Monday 7 May 2012 said the source. What better could have happened for this 19 year old teen-techie? 

Gumroad is well on it's way to achieve new heights. It aims to help people make money as less as $1 or as big as you can imagine! If you have a twitter account or a facebook account and believes in what you create to sell, then do login to Gumroad and earn money the easy way! 

Isn't this irony? We talk on kids getting addicted to technology, internet and gadgets at very young age, but if it is taken care of how and why they are using these tools, then sky is the limit on wonders kids can do! What do you think?