Rarely a day goes by when the words Facebook or MySpace doesn’t enter my brain either in conversation, or my RSS Reader.

If you’re an out of the know adult, you probably couldn’t care less about Facebook and MySpace.  If you’re an in the know adult, you stand a good chance of having a Facebook page to stay in touch with old friends and college buds to exchange pictures of your kids.  If you’re a teenager or college kid, you likely have a myspace page since pop culture tells me “MySpace is the new bootie call”.

Point being, most people (including me) only think about what these internet sensations can do for us terms of communicating the inner workings of our daily lives.  If we’re lucky, they might help us get some nookie on the weekends.

A chosen few, look at them as a gigantic Rolodex (an outdated term I know) of potential clients that might buy what they’re selling or read what they’re writing. They knew sites likes Facebook had tremendous business potential!

So if anyone has an advantage to successfully navigate these social networking behemoths, it’s likely the people who are using it the most — those darn kids!

Which leads me into an interview I saw earlier today with Mark Victor Hansen, author of The Richest Kids in America.

[Email and RSS Readers please click to website to view video]

Hansen gives a few examples of internet entrepreneurs like Mark Zuckerburg (creator of Facebook), but also gave a few names and success stories from teenagers that doesn’t get nearly enough attention in my humble opinion.

1. Jasmine Lawrence – 16 years old.  Created an all natural hair product that WalMart has picked up and will book profits over a million dollars.  And actually has her mom as an employee.
2. Olivia Bennett – 19 years old.  Sold her first painting when she was 5 years old for $50 while battling leukemia, and now sells her paintings at $20,000.  She sold 500 last year.  One of the better stick-to-it-ive-ness stories I’ve heard in a while.
3. Ashley Qualls – 17 years old.  Internet millionaire and earns over 70k per month by giving away free MySpace background designs.  I presume her wealth has benefited significantly from advertising dollars and building a huge following around her brand.

After learning about these teenage millionaires, it makes my teenage law mowing gig (where I earned ~$100 a weekend) seem like pocket change.  Then again, social networking back in the early 90s consisted of posting a flier on a heavily stapled over bulletin board.

So if you have a teenage kid with too much time on their hands, email them a copy of this post just to show that kids their own age can do more than they may think.  The only thing that limits (potential) success in this day and age is imagination and the willingness to work at it.