Author Archive for redrupcs17

Rich in a Snap: Evan Spiegel

I can guarantee almost everyone reading this has Snapchat installed on their phone right now, and that is thanks to visionary entrepreneur Evan Spiegel.  In 2011, twenty-one year old Stanford graduate Evan Spiegel founded Snapchat with his fraternity brother Bobby Murphy.  Spiegel created an app completely different from all the rest at its time, and it would go on to make him a billionaire.   Photo by Jae C. Hong/AP/REX/Shutterstock Evan Spiegel, Snapchat Snapchat CEO Evan Spiegel in Los Angeles. Snapchat has agreed to settle with the Federal Trade Commission over charges that it deceived customers about the disappearing nature of messages they send through its service and collected users' contacts without telling them or asking for permission Snapchat FTC, Los Angeles, USA

Even with Facebook and Instagram trying religiously to copy Spiegel’s creation, Snapchat has reigned supreme as the best photo communication technology, averaging “191 million users” a day.  In 2017, Snapchat went public as Snap Inc.™, and twenty-eight year old Spiegel became the youngest CEO of a public company in American history.  Since going public, Snapchat has struggled financially.  However, Spiegel still refuses to give up his CEO position or sell his 18% of the company.  It is impressive to see someone stay strong and keep protecting their vision, even amidst much criticism and struggles.

Rachel Zietz: Founder of Gladiator Lacrosse

In 2013, then 13 year old lacrosse player Rachel Zietz identified a serious but often unknown problem in the lacrosse industry.  Affordable lacrosse equipment that was also durable and reliable was very hard to find.  Rachel decided to start her own company, called Gladiator Lacrosse.  She pitched her idea to investors in Florida, earning $2,700 in investments.  Within one year, she turned that money into $200,000 in sales.  Two years after that, Gladiator Lacrosse, made over a million in sales.  In addition to being very successful, Rachel Zeitz prides herself on running her business herself.  Even before she was old enough to drive, and her mom had to drive her to business meetings, she went and ran the meetings as a true CEO and leader.  She has earned the respect often just given to older businesspeople.  Zeitz stated, “People don’t treat me like a kid, they treat me like a business woman.”  Rachel Zeitz has proven that age is no barrier when it comes to starting, running, and operating a successful business.  How This 14-Year-Old Entrepreneur Is Making Adults Question Their Life Choices by Being Ridiculously Awesome

A True Renaissance man: Keith Davis Jr.

From the time he was a child, Keith Davis Jr. was influenced by entrepreneurs. He watched his father sell clothes, watches, and other miscellaneous items throughout his childhood.  At 10 years old, Keith’s personal entrepreneurial journey began.  He bought a few cheap hats and then sold them to his classmates at school, making about $10 per hat.  Keith was inspired by this;  he continued to sell items at his school, ranging from trading cards to clothing items to bubblegum. Interview: Keith J. Davis Jr., Entrepreneur of All Trades After high school, Keith went on to attend the University of Houston.  Since he began his time there, he has expanded his salesman skills to other venues, becoming a “nationally known public speaker, actor, model, newspaper publisher, and author.”  Keith goes to show that a good salesman can be more than just a seller of physical goods.  Keith sells his thoughts, his beliefs, his ideas, basically his entire persona.  Keith Davis Jr. hopes to inspire another generation of young entrepreneurs through his work, as both his newspaper and book are aimed at young people with a passion for selling.

Sabrina Mutukisna, Helping those who need it

Sabrina Mutukisna is the founder of Town Kitchen, Image result for town kitchen sabrina mutukisnaa San Francisco based “for-profit/nonprofit hybrid.”  I am not exactly sure how that works, but nonetheless she has founded a very successful and impactful company.  To launch her business, Mutukisna started a crowdfunding campaign through Indiegogo.  Town Kitchen delivers high quality, chef-crafted box lunches each day to workers in the Bay Area.  To do this, Mutukisna employs almost exclusively at-risk and impoverished youth.  In addition, all of Town Kitchen’s ingredients are purchased from local small and family run businesses.town_kitchen Through these efforts, Mutukisna ensures that her company is more than just a business.  It has a positive impact on both its employees and its customers, representing what a true local and virtuous company can look like.  Town Kitchen holds their young employees to a very high standard.   They are expected to show up on time and work hard, as it is not simply a charity to hire them but a chance for them to support and better themselves.

Mo’ Money for Mo’s Bows; The Story of Mo Bridges

Sixteen year old Moziah Bridges is one inspiring entrepreneur.  He has always been interested in looking good, wearing a suit and tie whenever he possibly could from the time he was 4 years old.  As he got older he became especially fond of bow ties.  However, Mo noticed that there was only a small selection of  bow ties available for kids, and most were clip-ons.  Mo believed a man (or boy) should be able to tie his own ties.  So at the age of 9 years old, he started his own bow tie company, sewing ties from scratch, using the skills his grandmother taught him.  At first he just sold locally and on Etsy, but his ties became very popular very fast. 

After a few years, Moziah made an appearance on Shark Tank and ended up partnering with Daymond John, a very successful clothing entrepreneur.  John went on to become his mentor.  Mo says the best advice he ever received was from John, who told him, “Stay true to your brand.”  I believe this is very applicable to all young entrepreneurs and startups, because it is so easy for people to get overly ambitious and try to expand their business beyond what it is meant for.  However, sometimes all that is needed is patience, passion, persistence and hard work, and an innovative idea can take off just like Mo’s Bows.   

Hart Main: The Man Behind Mancans

Everyone has dImage result for hart mainifferent reasons for starting a business venture, whether it is dreams of huge profits, or a noble humanitarian goal.  When Hart Main, founder and owner of ManCans, started his business at the age of 13, his goal was to earn just $1,200, enough to buy a bicycle to compete in triathlons.  His product is ManCans, a candle with a “manly” scent sold in a soup can.  He came up with the idea for manly candels from his sister’s fundraiser when he was just 10 years old. Main noticed that all the candles being sold in the fundraiser were “too girly” in his opinion.  A few years later, ManCans was born.  Soup was eaten in droves at the Main household, in order to get cans to use for the candles.  Even friends and neighbors started giving Main their used soup cans to help his business.  After a few months of business, Main had the idea to buy and donate soup cans to local food banks and soup kitchens,  then repurpose the used cans for his mandles.  Main eventually added another line of candles, “SheCans,” to his business.  Within a year, Beaver Creek Candle Company approached Main.  He agreed to a deal with them, and they now produce the candles in mass, donating 75 cents of every sale to soup kitchens across the northeast.  Thanks to Hart Main’s innovation and philanthropy, he turned a good business idea into an extremely successful business, and continues to give a ton of support to local charities in the process.