Evan Spiegel is someone who has accumulated great wealth at a young age through the popular multimedia messaging app Snapchat. Being a California native, he grew up surrounded by all sorts of innovation and developments. Evan attended Stanford University to study product design, which eventually led him to come up with the concept of Snapchat. This idea received lots of criticism from his peers, but Evan decided to pursue it with two of his peers by creating a prototype. It was first named “Picaboo”, which would later be renamed Snapchat. He then decided to leave Stanford to focus on Snapchat fulltime. From 2012 to 2018, the daily active users went from 1 million to a staggering 400 million. Spiegel reached billionaire status by his mid-twenties and is now worth $1.8 billion. This goes to show how someone’s age does not limit them to achieving a high level of success. Perseverance and vision were very integral to Evan’s pursuit for achieving big things, even when his peers thought the idea was bad. 
This is a really good example of knowing when to listen to the opinions of others. For Evan, he knew that his idea was a good one, and even though others told him that the idea wouldn’t work, he went for it. Often times as entrepreneurs we need to know when people are giving us constructive criticism that we should listen to or when people are simply trying to bring us down because they don’t believe in us.
Evan is a perfect example of following your dreams. People are going to doubt you and think you’re crazy but sometimes you just have to follow your passion no matter how crazy it is. It’s incredible how a free app can be worth 1.8 billion dollars. It just shows how far a good Idea can go.
Snapchat has taken over the millennial generation by storm as one of there favorite social media apps. It adds a twist in that it is purely picture based. Evan took a large risk in dropping out of college to pursue his idea in “Picaboo”, now known as Snapchat. It also amazes me how rapidly his app grew and how quickly Spiegel became a billionaire.
I am inspired by the fact that Evan ignored constant critics when developing his idea. He stayed focus on his venture no matter what people said and it paid off. I am a big fan of Snapchat and use it everyday, and so do most of the people I know. It is one of the most popular social media sites and is a huge accomplishment for Evan at such a young age.
This was really interesting to read i never knew this about snap chat. I recently deleted snapchat because it was taking too much of my time, but i realize why everyone like it so much. I wonder how him and his peers came up with this idea and what where the steps he took.
This has given me a lot of insight into snapchat as I don’t personally use it on the regular. It’s easy to see why this was such a good idea and I personally feel that this a good thing to inspire others to create great things as well.