Australian business partners Fotios Tsiouklas and Alan Gokoglu are multi-millionaires at just 19 years old. The two friends ventured into business while still in high school. Here’s why they believe they’re set to become the world’s youngest billionaires.
It is hard to imagine being a multi-millionaire at 19. Fotios and Alan hit this milestone. This was after Fotios made money in the tech industry. Since then, the two have been involved in a variety of businesses, from digital marketing to app development, ecommerce, and social media ventures. Alan and Fotios also own two nightclubs.
The duo has been featured on National TV, Forbes, and Entrepreneur with many awards under their wing. The fast-paced nature of their success is a sign that Alan and Fotios are out to become the youngest billionaires in the world.
A passion for business
Alan and Fotios have always had a passion for entrepreneurship. Fotios recalled that he would craft out business plans for education apps, charities, and websites from a young age. One of his first ventures was a website known as fotos.com.au. The site was intended to act as a social media network for photographers.
At the time, those around him told him that fotos.com.au would not work, even though he already had a business plan and a sample website. Later that year, a very similar app was released – Instagram. It was then that he realized that he had to believe in himself.
Since then, Fotios worked on several business ventures. In 2013, he was selling gaming codes on eBay, in addition to refurbished phones and spare parts from vehicles. Although he was already making upwards of AUS$10,000 from this, Fotios wanted to develop as an entrepreneur. From 2015 to 2018, he dedicated his summer holidays to learning about social media marketing and app development.
At age 17, Fotios built an app for celebrity Blac Chyna. Fotios got this collaboration through Body Blendz, one of Australia’s largest skin care brands (owned by a local Greek friend). Using their own network and connections was another major tool in their belt.
During their collaboration with Blac Chyna, Fotios suggested creating an app alongside Body Blendz, Blac Chyna, and Chemist Warehouse to help them push their product collection.
The two entrepreneurs are the founders of Kickspan, a social media growth and management service. Since its launch, Kickspan has helped thousands of clients increase their followers on social media.
Every business needs a strategy
Alan and Fotios are self-confessed business strategists. When they started their enterprise, they looked for clients in nightclubs. They quickly realized that the big bucks come from careful planning, powerful marketing tools and industry experience.
When Instagram changed its algorithm, every growth tool stopped working. Alan and Fotios used the algorithm change as an opportunity to dominate the market. They did that since the algorithm change instantly wiped out their competition.
Business strategists identify lucrative business opportunities even in the face of adversity. The two entrepreneurs have always prided themselves in seizing opportunities where they can. They purchased the domain “TikToks.com” six months ago with a prediction that TikTok would become the next biggest social media platform in the world. They bought the name from GoDaddy for $2,000. Recently, the name was valued at $145,000USD since the explosion of TikTok.
Poised to become the youngest billionaires in the world
Alan and Fotios have set their sights on becoming the youngest billionaires in the world. The two are currently working towards removing barriers in the creation of mobile apps. As it stands, app development agencies charge up to $30,000 for just user face functionality. Many of their friends have paid $100,000 to $500,000 for a basic mobile app. Additionally, Alan and Fotios state that they have even heard of apps that cost up to $2M, which they believe is ridiculous.
Over the years, the two young entrepreneurs have approached hundreds of people with the next big app idea. But they have never been able to execute this project due to the insane amount of money and knowledge that it takes to develop apps.
Currently, Alan and Fotios are focusing all their efforts on Apps4Brands.com. This software will help anyone build a mobile app in under an hour for just $99 per month. The software also comes with a free 7-day trial. The two are also vested in property development. They bought a small percentage of a $25 million building in the Melbourne central business district, which they believe will help them on their journey to billionaire stardom.
