Generation Next
Chris Delany, 19
Article Contents
- Generation Next
- Shazad Mohamed, 15
- Kayla Stewart, 19
- Stephen R. Gordon, 18
- Chris Delany, 19
- Rishi Bhat, 18
- David Marks, 18
- Devin Lazerine, 18
- Ashley Powers, 17
- Michael Podraza, 16
- Elise & Evan Macmillan, 14 & 16
- Win, Win, Win
WallStreetProdigy
"Success comes when you start young." These wise words
from 19-year-old Chris Delany pretty much sum up his approach to
starting his own business. This Mount St. Mary's College
sophomore is already on his second business, a real-time investment
consulting Web site, www.wallstreetprodigy.
com. Delany sold his first business, a disc jockey venture, two years
ago. The then 17-year-old wasn't idle-he immediately started
putting together WallStreetProdigy and formally launched the Avon,
New Jersey, business in January 2002.  Still, even with all his passion, he and co-founder/COO
Dennis Barrett, 20, find that convincing clients to trust young
people for investment information and advice is a monumental
challenge. "The people that take a chance realize we do know
our stuff and we study the market," says Delany. "Getting
the trust of people...that's our hardest selling
point."
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The company's other investment advisors are a little
older-in their early 20s. But among them, they boast business
educations from Notre Dame, Princeton and Wharton. A large part of
their business, in fact, is educating people about investing.
"We're a little different than most teens," says
Delany. "We like to have a good time, but we also like to
work." With $200,000 in projected sales for 2002, the good
times are just beginning. -Nichole L. Torres | Got
Cash? | If you live in an urban area and need start-up capital, the
Prudential Young Entrepreneur Program (PYEP) might be able to help
you out. This three-year pilot program, funded by the nonprofit
Prudential Foundation (a grant-making arm of Prudential Insurance
Co. of America) and overseen by the Association for Enterprise
Opportunity (AEO) in Arlington, Virginia, provides business
training, technical assistance and microloans to qualified young
entrepreneurs in the Philadelphia and Newark, New Jersey,
areas. So far, the program has been met with success, and plans are in
the works to take the program to other urban areas nationwide.
Visit www.microenterpriseworks.org for details and
information on other Prudential Foundation-funded projects
throughout the country.
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