Teenage entrepreneurs earn £2m while doing A-Levels

Two teenagers have found success by setting up their own software business, according to reports.

Despite still sitting their A-levels, Edward Bishop and James Ritchie-Bland, both 18, started up Listen Loud, which is expected to turn over an annual profit of £2m.

The firm deals in electrical goods, such as TVs, which is deemed unfit to be sold as brand new by UK retailers, relayed thenorthernecho.co.uk.

After some strategic networking, the pair made contacts with major electronic companies and Listen Loud was established early this year.

It has already supplied 800 TVs to a chain of Spanish luxury apartments as well as 1,000 for a UK university.

The pair's ambitions began when they were just 11 years old and charged motorists £5 to wash their cars, saving enough money to buy a Sony PlayStation.

Schoolchildren in Doncaster may follow the pair to success as five schools in the area are to take part in entrepreneurial contest the Real Business Challenge, according to the Sheffield Star.