Young Entrepreneurs: Sean Spooner, Magnate Media

Sean Spooner

Name: Sean Spooner
Company: Magnate Media
Age: 19

Sean Spooner is unlike any other teenage boy you’re likely to meet.

Having “dabbled” in affiliate networking sites with his own web design company from the age of 11, the digital hot shot went on to launch Corby Magazine with co-founder Louis Porter. Over a period of three years, the magazine grew to profitability and gained national and local media coverage with Spooner and Porter named by the BBC as the “World’s Youngest Publishers”. In 2012, the duo called time on Corby but Spooner was keen to continue on the entrepreneurial path.

At 16, he says he did “what any confused young businessperson would do” and applied for the final series of the BBC’s 2012 Young Apprentice show. While he felt he “had no chance” of being selected, Spooner was shortlisted from 16,000 applicants to the final 12 and, despite being fired early in the process, rather ironically on a publishing task, Spooner was undeterred – taking the lessons he learned on board to launch London men’s lifestyle magazine Magnate.

Starting a publishing venture after being fired on a publishing task might not appear the wisest business decision, a fact which Spooner recognizes; “it was questionable to exit the process and launch another publishing company, but that’s what I did” and you have to admire his confidence. In fact, it seems the young entrepreneur is well on his way to proving Lord Sugar wrong.

Since launching the business in late 2012, initially as a print magazine and now exclusively digital, Magnate has covered interviews with a cross-sector of leading names from Richard Branson and Boris Johnson to Jamal Edwards, rapper Wretch 32 and Made in Chelsea star Jamie Laing. Spooner says the magazine is already profitable as a result of its ‘freemium’ advertising model and he intends to expand the offering with additional product launches in the pipeline…Continue Reading

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