Benjamin Pasternak is a twenty-three-year-old entrepreneur who founded the three companies Flogg, Monkey, and SIMULATE. Ben was born in 1999, and founded his first company, Flogg, in 2015. Flogg is an app that allows young people to buy and sell products. He received investment interests, but the app shut down due to a lack of profits. In 2016, he launched Monkey, which is a video chat app that lets like-minded people connect with each other. The app achieved number one on the app store, and was sold to the social networking company, Holla, in 2017. In 2018, he co-founded his third company, SIMULATE. This brand’s goal is to promote a healthy and sustainable lifestyle. Their first product that was launched is called Nuggs, which are plant-based chicken nuggets. He received a large number of investments for this company totaling over 250 million dollars.
Ben’s story is especially inspiring as his first business was not a success, but he still created two others that were wildly successful and generated a large amount of revenue. Stories of people going from failure to success are so much more special, as it shows that they have the perseverance to keep creating things that they love even after failing. He had a true entrepreneurial spirit by creating different products and brands that were all different. This shows great creativity and intelligence, as he has the ability to pivot and think outside of the box. He has made a name for himself in a short amount of time and continues to be a successful businessman.
This was very well written. Something I found especially interesting about Pasternak was how he not only created several successful companies, but that each of these companies sold completely different products. It is important for entrepreneurs to expand their portfolios and not funnel themselves into one category of product, but expand into multiple different categories so that they can find what they’re best at.
Hey I really liked your post. That really is a great story about failing and not giving up. As much as I don’t like plant based nugs, I can admit that that’s a great idea for a business.