At age 12, Victor Zhang borrowed $600 from his parents to buy chocolates and resold them at a train station for a profit.
At 15 he applied web-based advertising research for his father's flooring business to form an online marketing service that has outsourced work to Melbourne and to India.
The year 11 student at Baulkham Hills High School started the project Generation Entrepreneur with peer Alex Luo earlier this year to encourage entrepreneurial skills among high school students.
"The traditional education system doesn't highlight enough the benefits of entrepreneurship," Victor said.
"It's important because recently there have been a lot of young entrepreneurs powered by technologies like the internet, which has really removed the age barrier to creating your own business.
"The focus of our group is probably to get them [students] to take more risks and stand out from the crowd, to encourage innovation and build interpersonal skills."
Generation Entrepreneur's Facebook page has almost 200 members from Baulkham Hills High School, and there are plans for the model to be used in other schools.
Alex said contacts at North Sydney Boys and Girraween high schools have shown an interest.
The sessions include entrepreneur guest speakers and tasks such as creating products then pitching them to an audience.
''The guest speakers also offer mentorship for our members who ask questions afterwards, and they can keep in contact with the Facebook group we have," Alex said.
"We're trying to build up the education aspect and also the network of business contacts.
"Our end goal is connecting the high school students with real-life entrepreneurs, because right now there isn't really another medium to do so."