The number of millionaires in the world has increased by 155% since 1999, according to Investopedia. The latest millionaire on the block comes fresh out of Los Angeles, California. His medium? E-Commerce. His age? 19.
Edward Shatverov is an American E-Commerce entrepreneur and Real Estate Investor who became a millionaire at the age of 18. When he was 15, Shatverov wanted to do something different. While all his peers were arguing over who had the best Yeezy shoe models and fidget spinners, Edward had something else on his mind. He wanted to leave a legacy.
While in high school, Shatverov chose to skip out on after school sports and video game sessions with friends to do something else: master the online world of e-commerce. Rather than spending hours playing Fortnite, he obsessed over marketing tactics like Facebook and Instagram ads, Email marketing, and sales funnels. Shatverov studied tirelessly past midnight most nights, mastering E-Commerce marketing.
Shatverov believes that one of the keys to success in the E-Commerce marketing world is to find mentors. Early on, he realized that if he would be successful in the online world, he would have to learn from those who were already doing it. He says, “It’s astonishing how life treats you when you surround yourself with the right people.”
By age 18, Shatverov had reached his goal. He had accumulated millions of dollars in revenue, making him one of the youngest self-made millionaires in the world. Shatverov started from the ground up and now owns an e-commerce marketing empire including several online businesses.
Now that Shatverov has reached success in the e-commerce marketing space, he has his eyes set on a new goal: Helping others achieve the same success he did through mastering lucrative e-commerce marketing techniques. His vision is to assist others in achieving financial freedom, regardless of their age.
Shatverov will also be releasing an online course platform in the future to train young entrepreneurs to master financial freedom through e-commerce marketing. The platform will include a series of marketing courses with a goal to teach new or struggling marketers through different courses, digital tools, and other resources.
Shatverov is not shying away from the camera either. Some teaching platforms don’t allow access to certain tools but Shatverov wants to do things differently. He says, The number of entrepreneurs who get into the digital world and end up getting their hands burnt is increasing.” That’s why he will provide students with the necessary tools to become successful by giving them full access to his knowledge base.
When asked what one tip would be to give others in the online business world, Shatverov replied, “…they should use their resources to the fullest extent. Nowadays we have social media and it’s there for a reason.”
He went on to mention that Facebook and Instagram are resources that can be used to grow your business. Shatverov has grown his Instagram profile to over 150k followers, and it’s not because he was posting random selfies. Early on, Edward Shatverov saw the e-commerce marketing opportunity and decided to capture it.
Now, fast-forward only a few years, and he runs a multi-million dollar empire, but he wants others to know that it’s possible for them too. Shatverov says, “Life is amazing, isn’t it? It’s crazy because if 5 years ago someone told me I’d be a millionaire, I wouldn’t believe them.”
Regarding his success, he goes on to say, “Anything is possible if you set your mind to it. Dedication and motivation plays a big factor. If I can do it, all of you can as well. Don’t let anyone tell you otherwise.”