Dear Future Entrepreneur: The Inc 500s' Messages to the Future

Robert X. Fogarty
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Michael Simmons Co-founder and CEO, Extreme Entrepreneurship Education

Michael Simmons founded a Web development firm at 16. When the company tanked during his college years, he didn't walk away with his tail between his legs—he wrote a book about it, The Student Success Manifesto. Now 29, Simmons runs Extreme Entrepreneurship Education, which has toured more than 400 college campuses promoting entrepreneurship. "You'll never be fully prepared to start a business," says Simmons. "You don't have to spend your whole life's savings to test an idea."