There’s nothing quite like the success of a young entrepreneurs. The success of Nick D’Aloisio is no exception. This 17 teen-year-old self-made millionaire started his career as an app developer at the ripe age of twelve. He saw a unique problem that called for action and used his childhood creativity to produce a useable and potentially valuable solution. Nick found that when reading, most authors were unnecessary wordy. He searched for a way to condense the text into a simpler and less time consuming version but turned up empty handed. Nick, who had been working on computers since he was six years old, decide to develop an app. This beyond brilliant teenager began developing his app, and by the time he was fourteen introduced Trimit; a useful and easy to use text summarizer. The app was a huge success and after only a few months in production he sold the application for 300,000 dollars. Instead of spending the cash, he re-invested the money into a new app. Nick spent the next two years creating a better, faster and more accurate version of Tirimit. He introduced his new app, Summly when he was seventeen. The app sold almost instantly. Yahoo saw the potential of this great idea and purchased the smartphone app for 30,000,000 dollars. Nicks was not able to succeed simply because of his obvious brilliance, he had to put in years of hard work to achieve it. After all, “Genius, that power which dazzles mortal eyes, Is oft but perseverance in disguise.” — Henry Austin
Author Archive for JP Popham
No two entrepreneurs are alike. They all have different goals, ideas and character traits. Each and everyone of them have different experience and lives. But when we look at the life and goals of Jack Kim, we find something that truly stands out in the midst of hundreds of great minds. In 2011 Kim created a web browser that differs from almost any business model I have ever heard of. BeneLab is a powerful and surprisingly clean web browser that gives 100% of its proceeds to charity. It’s that simple, it takes the money from ads posted on the site and gives all the money away to those who need it most. I feel as if I’ve read a hundred different story’s of successful entrepreneurs, this is the only one that shows hard work and time with no direct benefit for the creator. Kim has shattered my perspective of what it means to be successful in the entrepreneurial world.
“I can safely say that Benelab has been the biggest obsession I’ve ever had. I poured so much into it, and the experience poured so much into me; through it I found a genuine passion for social entrepreneurship, and realized that I want to make it my life mission to use technology, especially the Internet, and business innovation to help others.”
– Jack Kim
Jack Kim is a game changer, a 16 year old entrepreneur that is doing his best to inspire a generation to start selfless companies. BeneLab brought in over 5,000 dollars in its first 2 years and continues to grow. He built Benelab from his home computer after and its making a real difference. Kim’s story of BeneLab is one of the most inspiring stories of a companies model I have heard. Stories like Kim’s are what gives our generation the best chance of making a real difference in the world. Jack Kim is now working on a number of world changing ideas that I hope to see succeed. Kim built an entire company without any aspirations of making a dollar for himself. The one constant among all the chaos in the corporate business world is the search and pursuit of money. Kim shows us that it doesn’t have to be.
“See what content is resonating with your audience. Refine and strengthen your content marketing strategy with competitive landscape insights”- Rival IQ. In the fast paced always updating world of social media it can be difficult to keep tract of what is actually ‘resonating’ with a companies vast audience. That is where Rival IQ comes in. Rival IQ uses a piece of software to collect data from all your companies social network pages. It then gives you a dash board of all your posts, comments, followers and likes and tells you what part of your marking strategy is working and what is not. But perhaps even more important than the personal evaluation of your company, Rival IQ gives you the option to analyze your competitors strategy and their social media numbers as well.
As an entrepreneur trying to compete for their share of the market, I believe that this tool is vital for the progression of a business. Instead of managing several different pages, making sure they are updated and ensuring the involvement of followers, Rival IQ takes this daunting task and breaks down into a simple set of numbers as well as personalized list of do’s and dont’s for each company based on the response each social media page is receiving. The market is based around customer satisfaction and value and Rival IQ takes these principles to the next level by giving you the information you need about your own company as well as your competition.
The ability to successfully analyze your competition is a difficult and coveted process in today’s market. Knowing what is wrong with your own company, often comes through finding what is right in your competition’s. By analyzing your competitors social media pages, Rival IQ gives you a clear picture of what you need to accomplish to take over a larger share your market. “Rival IQ searches the Internet, gathering data and content from multiple social network channels, thousands of websites and SEO ranking systems. We consolidate the data so you can easily filter to see how you and your competitors are performing to create informed marketing benchmarks”. In the quickly evolving market we live in Rival IQ does a stellar job of narrowing down someones marketing goals and options, without bothering the customer for insight or reviews. I see endless application that can come out of company like this and only wish I had come up with the idea first. Clink on the picture for more info.