• Ages: 17
• Hometowns: Rochester, Minn., and Miami
• Business Type: Podcasting Services

The partners, who met via an online message board, started their business in June 2005. Switchpod's product soon generated 800,000 downloads and was bought out by Wizzard Software in an all-stock transaction worth $200,000. The sale also provides the partners with annual salaries of $40,000 for a 20-hour workweek.