Author Archive for Porterdm23

ECD Lacrosse

ECD Lacrosse - YouTube

I have played lacrosse since I was eleven and can proudly say that it is my favorite sport on two feet. Not only did I love the sport from a technical perspective (i.e. the physicality, the agility, the strategy, the speed, etc.), but I also fell in love with the broader aspects of the sport. Things like the history, the equipment, and especially the stick. Each lacrosse players stick is completely personalized to his style of play. No stick is the same. It was this love that led me to East Coast Dyes Lacrosse. In 2011, Greg Keneally decided he had enough of the stagnant, underdeveloped market of lacrosse heads and mesh and decided to do something about it. They started manufacturing and dying their own mesh in their basement and selling to it local lacrosse players around them. Their website explains, “In May of 2012, the business was starting to pick up and the ECD fan base was rapidly growing. Due to the increase in demand Greg formed a partnership with his twin brother Mike. Greg would ship the orders and Mike would make the mesh. They thought this would be a great hobby while they finished earning their master’s degree in accounting.” Little did they know that they would become. In a 2017 CNBC article, author Darla Mercado writes “…Mike and Greg attribute their company’s success to their financial know-how and willingness to keep costs low. Entrepreneurs shouldn’t be afraid to jump into a small business without any investors, Mike said… “Staying in our house, having low costs, and boot-strapping the company was a really smart decision instead of getting investors right away…” Now, with only around 30 employees, ECD is worth ~$8.1 million dollars and is one of, if not the, most recognizable brands in the lacrosse world. I am a loyal customer’s of theirs, having bought almost all of my gear from them, and would highly recommend them to any other lacrosse player

Smashing the Standard

 

The prosthetic limb market has seen very little innovation since almost its inception. Prosthetics provide necessary balance and stability to those without the corresponding limb, but they are brutally stationary. When we think of pirates with their wooden peg-legs, or Olympic athletes sporting their curved “blade runners”, and any other replacement limb, we basically think of dead weight. The prosthetic is immensely helpful, but it can’t move and, compared to the original, fully-functional limb, it is quite sad. But this market is finally changing with the Esper Hand. In an article in Time Magazine, Leslie Dickstein says, “Esper Bionic’s prosthetic hand is the first AI powered, cloud-based, robotic prosthetic that gets smarter over time. I love the next sentence: “Esper Bionics CEO and co-founder Dima Gazda, a medical doctor and engineer, sees the prosthetic market as ripe for disruption—and setting the stage for a bionic future.” Using AI and the vast amount of technological resources available, Esper Bionics have built a hand that moves like a human hand and evolves to better help the user the more he or she uses it. When I went to their site, the first thing Esper says about the company is fascinating. They state that “Human augmentation is set to transform the way we live, enhancing our physical abilities and unlocking longer lifespans. We are building the first bionic ecosystem of connected devices to push the boundaries of human potential.” I think this market is begging for innovation and I believe Esper Bionics is the company to provide it. What do you think?

New Fast Food

When people talk about quickly changing markets, they always mention the EV market, the world of technology and AI, scientific advances, etc. But when was the last time you heard about a change in the grocery shopping market? We all need and buy food, and yet we always do it the same way: drive to the store, wander around the store “looking” for the commodity we came for but, in reality, hoping something else will catch our eye that we might snack on later, and then we drive home. A small trip for some eggs could quickly become a 45 minute long adventure which ends with you leaving the store with four bags full of everything you could dream of, except the one thing you went for… eggs. I forget what I am shopping for all of the time. Well, thankfully that all changed around a decade ago with Instacart.

Carrot Evolution: A New Brand Identity to Reflect a New Ambition

In 2012, Apoorva Mehta, Max Mullen, and Brandon Leonardo, recognized this problem and figured out an incredible solution. In a September 2023 Contrary Research article, journalists Cory Anderson and Sachin Maini write, “Born in India and raised in Canada, Mehta graduated from the University of Waterloo with an engineering degree and worked for Blackberry and Qualcomm. He then moved to Amazon, where he was a supply chain engineer for Amazon’s ecommerce fulfillment system. Mehta left Amazon in 2010 to become an entrepreneur. He came up with 20 failed startup ideas before landing on Instacart.” They then set the blueprint for this app: “Instacart’s product serves four stakeholders: consumers who use the app to purchase goods, shoppers who purchase and deliver goods, retailers who stock the goods, and brand partners who use Instacart to serve ads for high-intent shoppers.” In other words, Instacart gives the consumer the ability to always get exactly what they want on the day they want it. No longer do we have to waste extra money going to the grocery store and walking around like a chicken with our heads cut off. With just a few clicks, those eggs you need will be at your door.

Too Good To Go

In 2015,  Thomas Bjørn Momsen, Stian Olesen, Klaus Bagge Pedersen, Adam Sigbrand and Brian Christensen from Denmark came together and created a brilliant idea and subsequent company. “Toogoodtogo” is a mobile app that “connects customers to restaurants and stores that have surpluses of food”. In other words, if the local bakery makes 10 extra French baguettes than they sell, they can put them on the app and people can buy them remotely at a discounted price. This app was founded as an instrument of “International Day of Awareness of Food and Waste”. I know, isn’t that a creative name? But the founders could no longer stand by watching local restaurants throw away tons of product for the rats to feast on; so they took action. Only in September of this year did this company expand into 17 other countries (including the United States). I have it downloaded but haven’t used it yet, BUT my brother made it very clear how well “Toogoodtogo” has spiced up his rather boring meals; adding an authentic French dessert pastry to the usual chicken nuggets will do wonders.Ht7OXfuYPvtSdFl7PnuX6KisTLgSceF9krOmxof7klTgqNR7UBVc53z63Vm3NuOQ0eo (512×512)

$6 Million…at 13 years old

Alina Morse is an inspiration. Just like the rest of us, she hated it when her parents told her she couldn’t have candy. “It will hurt you teeth!” they would say. Well, 9-year-old Alina had had enough of this and decided to make an alternative. After months of YouTube research, product testing, and sampling, Ms. Morse created the “Zollipop”. These lollipop-style candies are vegan, dairy-free, sugar-free, gluten-free, and actually beneficial to the consumer’s teeth. Fast forward four years and one can find Zollipops in Whole Foods, Kroger, Target, and many other stores. Here in the craziest part: Her business is worth $6 million dollars and she only has seven employees. Alina has gotten an audience with ex-first lady Michelle Obama and been on the Today show. Finally 10% of her company’s earnings go to “One Million Smiles” which is a company geared to fighting the rapidly growing tooth-decay epidemic.

FireflySlime: A very bright idea

Angelina Ly is a young woman blessed with a raw talent for entrepreneurship. When she was just 14 years old, she recognized that the slime industry was starting to gain traction in America, so she wasted no time in getting her foot in the door. She began to make her own slime and marketing herself on Social Medias like Instagram and TikTok. She quickly began to receive orders and FireflySlime was born. While her business is her official job (developing new slimes, packaging them, and continuing to grow her social medias), Ly is still a full-time college student. I loved Ly’s ability to see the future of her business and take full advantage of it. Today, Ly has nearly 380 thousand followers on Instagram. Her online store is similar to her Instagram page: it is filled with bright colors, fun names, and awesome graphics. Another great feature is that she is constantly refreshing her store’s variety; proving that she is still always creating and providing new products for her customers.

Angelina Ly carries a box in her brand's studio

https://fireflyslime.com/