Looking for a way to earn a few extra dollars? Maybe the success stories of these teen millionaires will give you some inspiration. Learn why they succeeded, starting with no money, and no experience

A lot of people are trying to figure out a way to make money these days, especially on the internet.

Coming up with the right idea, or the right product, seems to be a stopping point for a lot of people.

But not for the teens featured in the video below. All earned more than a million dollars from their web ventures while in their teens - some starting when they were as young as 8 years old.

If you viewed the video above, you may have noticed that all of these people had something in common.

They 'started' something.

And when it didn't work or didn't produce enough income, they 'started' something else.

That's seems to be the key ingredient.

Actually starting something.

Instead of just thinking about starting something, they actually did it.

They started something.

They gained experience from that 'something', and if it wasn't a success, they started something else.

Basically, their success shows that by starting something, you have a chance.

But if you just think about it and don't follow up, you go nowhere.

As for product ideas - I really liked the product the 14 year old girl came up with - myspace page layouts to sell to myspace users.

Here's more about that:

An idea like that - templates that work with an existing major product, really has a great upside potential.

Find my template ideas and others like it in the Product Ideas department on this web site.