Author Archive for MendenhallGR20

The Cook Siblings

In 2005, sophomore Catherine Cook and junior Dave Cook were looking through their high school’s yearbook. The siblings realized that it really didn’t give much information about the students, making it difficult to learn more about their peers. They thought that the yearbook would be much more useful if it were online, so they decided to launch it themselves. They convinced their older brother Geoff to invest $250,000 dollars in their venture. Geoff was no stranger to entrepreneurship, having founded two websites while attending Harvard, and then selling them a couple years after he graduated. So, Dave and Catherine created myYearbook.com, a platform which would allow students to meet and socialize with each other. Geoff left his current job and became the site’s CEO. When it launched, myYearbook was a huge success, quickly expanding to other schools. They made sure to continue improving the sight by adding new features, such as quizzes and games. Many features were added as a result of them engaging with the site’s users so they could find out what they wanted. By 2006, the website had a million users, and had raised $4.1 million in venture capital. But, myYearbook soon had a new competitor to deal with: Facebook. Facebook was rapidly growing, and was on its way to quite literally “rule the world”. The Cooks realized that to survive, they would have to differentiate their services. They promoted myYearbook as platform for making new friends, while Facebook was about interacting with your current friends. This allowed the website to live on in spite of the great competition. In 2012, myYearbook merged with Latino website Quepasa, with its name changing to MeetMe. This new name shows that myYearbook has now gone beyond yearbooks, so who knows where the Cooks will end up next?

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Blake Ross

Blake Ross’ interest in software development began at an early age. He used America Online to create his first website when he was only 10. Some years later, Ross discovered Netscape, an open-source web browser that was fighting a losing battle against Microsoft’s Internet Explorer. Motivated by his mother’s frustrated experience with Internet Explorer, Ross began contributing to Netscape. When he was 16, Ross became an intern at Netscape Communications Corporation. While interning there, he became disenchanted with the browser they were having him work on. He and his colleague, Dave Hyatt, decided to make a new version of Netscape that would be more simple and user-friendly. They then created the browser, Mozilla Firefox. which was released on November 9th, 2004. Calling Firefox a huge success would be underselling it. In a month, Firefox had been downloaded 100 million times, and in a year, it became the most preferred browser in the whole world. After leaving Netscape, Ross would work on developing Parakey, a user interface designed to bridge the gap between the web and the desktop. In 2007 Facebook would purchase Parakey for a supposedly multi-million price. Ross then joined Facebook and was their Director of Product until he resigned in 2013 to pursue other interests.

Mozilla Firefox was a success because it was innovative in how easy-to-use it was. Ross recognized how complicated other web browsers were, and sought to fix the issue. Ross also knew that he could not succeed alone, which is why he worked for other companies and/or with partners. A key skill to being an entrepreneur is knowing what you are capable of and what you should assign others to do. Blake Ross benefitted enjoying his work as well. He didn’t make one of the most popular web browsers ever just for the money.

Matt Mullenweg

Matt Mullenweg is a University of Houston dropout and the founder of Automattic. Automattic is the company behind internet products such as Jetpack, Simplenote, Longreads, Vaultpress, and more. You may not recognize any of these services, but I left out Automattic’s most essential product: WordPress. WordPress is a free and open source system that allows people to create their own webpages, but you probably knew that already. After all, it is used by over 31% of the web, and that includes this site. Mullenweg originally created WordPress as a blog-publishing system when he was just 19 years old. WordPress was a quick success, especially since its competitor, Moveable Type, placed greater restrictions on licensing terms in 2004. In 2005, Mullenweg quit his job at CNET to focus more on WordPress and other related projects. He then formed Automattic, created many new brands, and expanded WordPress to incorporate other types of web content. Mullenweg is, without a doubt, one of the most influential people on the internet.

While it has been 17 years since he created WordPress, Matt Mullenweg is still the CEO and president of Automattic. One thing that impresses me about his is how much he values his customers. He greatly considers the values of WordPress users when developing the brand further. Mullenweg has also structured Automattic with a remote working culture. He believes that this allows his employees to create the most productive and creative environment for themselves. From what I have seen of him, Mullenweg also seems to be very humble and active in his online communities. I feel as though Matt Mullenweg’s entrepreneurial traits are what helped him succeed in his ventures.

Hart Main: 13-Year Old Entrepreneur

When Hart Main was 13, he joked that candle scents were too girly, and that there should be candles with more manly scents. While he was only kidding, he soon decided to start ManCans, a line of manly scented candles. Originally, Hart’s motivation was to make enough money to buy a new bike, and he planned on dropping the business once he got it. But, ManCans expanded far quicker than he imagined, with products being distributed in about 150 stores across the country. With annual sales now at $200,000, Hart knew that he couldn’t stop now. Despite his age, Hart was still very dedicated to running the business. He is very hands-on with the company and very dedicated to solving problems. One his goals was to establish a charitable aim for ManCans. You see, Hart makes the candles inside of soup cans, which he later donates to soup kitchens and homeless shelters. He has even donated money to said soup kitchens. In total, he has donated around 90,000 cans of soup and $30,000 to them. Over time, Hart has expanded his business with new scents and store partnerships. Overall, ManCans has been a big success.

One reason that Hart Main was such a successful entrepreneur is that he acted on his idea. Manly scented candles could have just stayed a joke, but he followed up on this crazy concept and created ManCans. His hands-on approach also helped give the company it’s good reputation. It was also very impressive how successfully Hart shifted the business from a temporary project to a long-term endeavor. Hart Main has taught me that, no matter what, you can succeed as long as you leave your comfort zone.

Cameron Johnson: An Entrepreneur Since Nine

When Cameron Johnson was 9 years old, he started making invitation cards for family celebrations. Cameron then realized that people really liked his cards, so he decided to start selling them. His little business was surprisingly profitable. At 12, he used his money to buy Beanie Babies, which he then sold online at higher prices. This venture was much more successful, making $50,000 dollars in under a year. Just a reminder, he was only 12 years old! Cameron then came up with My EZ Mail, an online service that would forward e-mails to a specific account without showing the recipients’ information. In just a few years, it was making $3,000 dollars monthly in advertising revenue. Another business of his was giving him $300,000 a month. In total, Cameron Johnson started twelve successful businesses before he graduated from High School, . When he was 15, he became the youngest American to join the board of a company in Tokyo. After graduation, Cameron went to Virginia Tech, but he soon realized that business was his true passion. So, he left after less than a semester to pursue a new company, CertificateSwap.com,  with his friend. This business sold gift certificates for lower prices than those on eBay. He and his partner eventually sold the business for a six-digit account. While he has sold all of his internet businesses by this point, Cameron still invests in many other start-ups, and he now gives lectures on entrepreneurship.

One thing that really impressed me about Cameron Johnson was his ability to adapt to the internet, which was still in its early years when he started working. Him choosing to be an entrepreneur instead of going to college also taught me that you should follow your passions. But personally, I think he was most impressive at coming up with products and ideas that people would want by considering their perspectives.

Varun Agarwal

Varun Agarwal was kid from India who had always been told to think before he did something. When he told his Mom and Anu Aunty that he wanted to be a filmmaker, they told him that it was a bad idea, and he should be an engineer or a doctor instead. This caused him to think that he might fail as a filmmaker, so he went to college for engineering instead. While he was a very successful student, he hated engineering. But then one day, for the first time in his life, he failed. This was one of the best moments of his life, because he realized that failing wasn’t that bad. Varun decided to stop thinking so much, and just do. With the help of YouTube, Varun was able to create Last Minute Films while in college. It was a fairly successful production company for online videos.

Then, after he graduated, he came up with an idea. He and his friend decided to sell merchandise for schools and colleges all across the country. While the old Varun would’ve stopped and thought things over (and probably drop the idea all together), the new Varun didn’t think and took the risk. He had failed before, so what if did it again?

Fortunately, he didn’t fail. They launched their business, Alma Mater, in 2009 when Varun was just 22 years old. Despite his family and friends discouraging him, Varun pushed on. His drive paid off, because Alma Mater would go on to become India’s school and college merchandise company. He would then go on to write an autobiography, How I Braved Anu Aunty & Co-founded a Million Dollar Company, which would become a national bestseller.

I think one of Varun Agarwal’s most effective trait is was his willingness to confront challenges, even if it seemed impossible to overcome them. Also, He knew that it was better to fail at something you love than to succeed at something you hate. He has taught me to act on my ideas, because they won’t do anyone any good if I don’t share them.