Author Archive for PanazziBD18

Wiivv – The Industry Leader in Custom Insoles

Louis-Victor Jadavji co-founded Wiivv in the summer of 2014, with a focus on wellness and 3D-printing. His company (pronounced “weave”) focused on 3D-printing custom insoles and sandals based on precise measurements of their customers’ feet. Wiivv now has a team of 30 people in Vancouver and San Diego, where they continue to add to and improve the design of their products. In 2015, Jadavji made it onto Forbes’ 30 Under 30 list for Manufacturing and Industry, the youngest on the list at 22.  Truly, people of all ages are able to make a difference in the business world, whether that be through startups or other activities.

Noah Kraft and the Here One

In 2013, at the age of 28, Noah Kraft set out to revolutionize a market that has been relatively stagnant for some time. His vision for accomplishing this was the Here One, which are wireless smart earbuds that block out unwanted sounds and can respond to voice commands. The Here One has been described as “the first in-ear computer,” and has won several awards, including Time Magazine’s “Best Inventions of 2015.” Despite the amazing product Doppler Labs had to offer, in November of 2017 they announced that they would be winding down operations for the company. The reason for this was one that has faced many individuals, not just entrepreneurs – lack of funding. Sadly, without investors, they couldn’t raise the funds necessary to develop their next product on the line, the Here Two. Despite his company not succeeding in the long run, Noah has undoubtedly gained some incredibly useful experience out of this venture, experience that will most likely prove to be very valuable at a later time.

Adam Horwitz

When Adam Horwitz was 18, he started Urban Stomp; a website where he posted music and the locations of parties in the area. Eventually, the site proved too successful for its own good, and when 800 people showed up to a single party one week, he knew it was time to shut it down. He now makes money by writing courses, such as “Mobile Monopoly” and “Mobile Mastermind”, which have earned him over six figures in revenue so far. Also, another recent venture of his is YepText, a text messaging service that texts ads to people’s smartphones, which allows small businesses to attract customers easier. Adam sums up what it’s like to be an entrepreneur with a very succinct quote: “The hardest part about being an entrepreneur is that you’ll fail ten times for every success.”

Shubham Banerjee’s Braigo Labs

Braigo Labs was founded in 2014, by the thirteen-year-old Shubham Banerjee of Hasselt, Belgium. The function of this “Braigo Labs” was beautifully innovative; it transcoded text from web documents and printed it out as Braille. Its original design consisted of several interesting parts, including pieces from a Lego Mindstorms EV3 kit and a print head made out of Legos as well. What’s so interesting about this invention is not only the concept itself, which has already been done before, but rather the cost aspect – instead of the $2000 or so you’d pay for an old-fashioned Braille printer, the Briago 2.0 will only cost around $350 when it is released. This just goes to show how important it is to not overlook spaces of innovation that might seem dormant or unchanging. Personally, Shubham’s story is one of incredible inspiration; not just because he saw something that could be changed in a relatively dormant industry, but because he was so young when he did it. Even at his young age, he was still able to take a look around himself and look for spaces of innovation. Hopefully, this will inspire others – and not just young people – to reach inside themselves and to find their highest potential.

 

Below is the official product video for this company.

Evan Spiegel – The World’s Youngest Billionaire

Evan Spiegel, who was born in 1990, became the world’s youngest billionaire at the age of 25. He accomplished this by developing a particular app; an app that is now practically synonymous with the word “millennial.” That app, which started out as Picaboo, would later be renamed to Snapchat. Evan founded his company with the help of his friends Bobby Murphy and Reggie Brown, and their app grew to over a million users in just one year. What’s so great about Snapchat was the fact that it solved a problem most people didn’t know they even had – the need to send temporary messages to someone. At first, when Evan pitched this idea to his friends in 2011, they ridiculed it. Now, with Snapchat boasting over 150 million daily users, it’s safe to say that Evan had a truly amazing idea, and he knew just what to do with it. Evan Spiegel is an important role model to me in the field of entrepreneurship; not just because of his incredible success, but because of the difficulties he faced when he was going through the process of growing his company, and how he responded to them.

When Evan first started his company, he faced some difficulties with getting investors, since none of them really thought being able to send temporary messages was a good idea. However, he didn’t quit, he didn’t give up; he kept at it, and pushed harder and harder to find someone to invest in his company. He was successful eventually, but who knows what would have happened if he hadn’t persisted with his idea? One thing’s for sure, he definitely wouldn’t have become the world’s youngest billionaire. Read More →