Archive for Business – Page 24

Bark’N’Borrow

A unique business emerged in 2016 through the form of an app called Bark’N’Borrow. This app allows users who cannot take care of a dog full time to find people who need a temporary dog sitter and enjoy a short time with someone else’s pet. In addition, different dog owners can connect and trade dog sitting duties with each other. Many options such as dog breed, personality, and distance can be made available on the app for other users to see. The platform donates 5% of all subscriptions to Best Friends Animal Society. Liam Berkeley, 26, founded the company two years ago on National Dog Day and has mentioned how much animal rescues love the app because it brings awareness to their cause.

Berkeley has done a fantastic job of finding a need and filling the gap. Finding a dog sitter can be an arduous, time intensive process, but now someone can connect with lots of other users for $7.99 or $4.99 a month. Berkeley has also been diligent in making sure all users are properly checked and that the company has adequate insurance for any incidents.. This app demonstrates Liam’s commitment to dogs and dog-lovers. Bark’n’Borrow shows this passion with an excellent social entrepreneurship aspect.  They focused on a passion and Liam was observant enough to recognize a fantastic solution for a simple problem.

Ten Million by 21

Daniel Katz is an entrepreneur who launched the business “No Cow” when he was 18 years old. Less than three years later, the company has grown into a ten million dollar company. Daniel says “I’ve always been the curious, entrepreneurial, obsessive there’s-got-to-be-a-better-way type.” Daniel had his own little business at nearly 12 years old. Growing up he sold electronics, cars, snakes, and energy drinks and even a house. Daniels passion for fitness and his obsession for solving problems came toDaniel Katzgether at age 18 when he started No Cow. He, like many others have problems with dairy so he created his own non-dairy, low sugar products.

No Cow was started in 2015 after Daniel’s solution to stomach aching protein bars that contained dairy. He created low-sugar, dairy-free protein bars, cookies, and a variety of nut butters. Last year they received an investment from General Mills and 2X Partners in which the company changed its name, reconfigured packaging, and hired a CEO. Before hiring the CEO, it was a one man operation, Daniel was working 18 hour days, 7 days a week and living at the office. He has come a long way since and Daniel’s No Cow is now projected to book $20 million in sales in 2018.

https://nocow.com/our-story/

Daniel’s story is very inspiring and really shows what kind of person he is. This entrepreneur is driven by his desire to solve problems and help others. By creating his products in No Cow he started by simply creating the products for himself and then moved to selling them to others with similar issues. This is a great idea because he has come up with a solution for a huge market, fitness is becoming increasingly popular and I’m sure other people had been looking for products like this. He is an extremely hard worker and is seriously committed to his job. Not many other people would live in their work office off of an air mattress and 10 for $10 cans of vegetables. As an aspiring entrepreneur it is reassuring to see teenagers are able to effect the world of business just as much as anyone else can.

https://www.inc.com/profile/no-cow

 

New way of honoring the deceased

Adelle Archer, a twenty-seven year old entrepreneur, changed the way people honor their deceased loved ones.  In recent years more people have chosen to have their loved ones cremated over having a burial, which gave Archer the perfect opportunity to bring her idea to life.  Archer created Eterneva. Instead of burying or cremating a deceased loved one Eterneva turns your loved one’s ashes into diamonds.  They make the diamonds into necklaces that you can wear around to constantly remind you of your special loved one.  Archer started Eterneva after losing her beloved mentor and that is what motivates her to grow the business and provide services for others that lose their special loved ones.  Archer says, “A diamond lasts more than a singe generation, the way an urn of ashes won’t.”  Archer shows the ability to identify gaps in a certain market and then put her specific ideas to action making a new and improved option to the market.  Adelle Archer has inspired me to use my skills and passions to make the world be a better place.

https://www.eterneva.com/

Breaking The Status Quo: A Construction Toy for Girls

 

“Close your eyes and picture an engineer,” opens Debbie Sterling in her Ted Talk in 2013. She continues by asking the crowd to raise their hands for how they pictured an engineer while their eyes were closed. Hands rose for images of train drivers and nerdy men at computers, but when she asked the crowd if anyone pictured someone who looked like her- they were silent.

Debbie Sterling was born to a Jewish family in 1983 with no intention of becoming an entrepreneur. Her path didn’t intertwine with entrepreneurship until after she had received her B.S. in mechanical engineering from Stanford University in 2005. “Years later,” she says, “I did some research, and I learned that I was actually at a disadvantage. Like a lot of other girls, I had underdeveloped spatial skills. The other interesting thing I learned was that kids who scored better on spatial skills tests, grew up playing with construction toys.”

Sterling took this new knowledge, her engineering degree, and pursued a solution to the problem of the lack of females in science, technology, engineering, and mathematics (also referred to as STEM). She quit her job and spent months working out of her apartment on a construction toy for targeted to girls but was faced with resistance from investors. “They whispered to me a well-known industry secret: construction toys for girls don’t sell, and they took me by the arm and showed me what does sell- the pink isle.”

So how does someone overcome the culture that has previously been established for the past century? Sterling knew that things didn’t have to be the way they always were but saw that girls get easily bored when playing with construction toys. When she asked what they do enjoy, the young girls responded that they love to read. It was this discovery that led her to create GoldieBlocks, the world’s first female engineering character that is teaching young girls around the world that they can be more than a princess.

GoldieBlocks combines the narrative that little girls love with construction and building toys. Girls can build with Goldie and as a result develop both their verbal and spatial skills. Sterling did what nobody else thought to- she took a toy that had been historically targeted for boys and re-imagined it for girls. Her idea is revolutionary because it’s not just taking an idea and targeting a new market, she is equipping young girls with the tools they need to develop their spatial skills in an enjoyable way. She didn’t just accept that little girls aren’t interested in those type of toys, she bridged the gap between girls and engineering. Despite the resistance she faced, her company has since flourished. According to Forbes’s 40 Under 40: “[GoldieBlox] has had more than 1 million app downloads and more than 1 million toys sold across more than 6,000 major retailers worldwide.”

As a female studying and pursuing both engineering and entrepreneurship, what Sterling did is what I strive to be able to do one day. She broke the status quo by becoming an engineer as a female, and she broke it again when she took a “boy’s toy” and redesigned it for girls. She is using her engineering skill set to help other girls discover a love for building and creating.

Debbie Sterling is more than an engineer and an entrepreneur; she’s a world changer, and although her business was originally meant to inspire little girls, it’s inspired me to use my passion for STEM to make a difference for girls like me.

Kylie Jenner: Soon-To-Be World’s Youngest, Self-Made Billionaire

Kardashian. This is the name that with one utterance, can spark debate in almost any room. This one simple name divides Americans and causes them to either rave with admiration or mock with scorn and disdain.

The name, “Kardashian” was made famous by the Los Angeles, “it” family when they started their reality television show: Keeping Up With The Kardashians in 2007. The show features a day in the life of the Kardashian-Jenner family and the exhilarating drama these socialites encounter.

The youngest member of the KJ clan is Kylie Jenner who is quickly emerging her entrepreneurial career at the age of 20 years old. Kylie has premiered on the show many times over the last 11 years and has gained an enormous amount of fame and a fan base of over 150 million because of it. Regardless of what people may think of Kylie and her family, she has utilized the exposure from the show to propel her career and to become the youngest, most successful, self-made entrepreneur in the world.

In 2015, Kylie launched her own line of cosmetics: Kylie Cosmetics. She started this entrepreneurial venture because she had a passion for makeup, because she saw an unmet need in the market, and because she realized she had the opportunity to leverage a huge platform from her already established reputation. She understood her target market and she sought to please them.

Kylie did not just blindly enter into the cosmetics world. She strategically planned for years before she actually launched her first line of lipsticks. She discovered a niche in the cosmetic market, and through understanding her target customers, she branded herself by focusing on that one specific area.

According to Elle magazine, Kylie Cosmetics sold out of all 6 lipsticks in the first 10 minutes of their release. 15 days later, when the lipsticks were restocked, all 6 sold out in the first two minutes. Whether or not this “shortage” was intentional, many believe this rush to purchase Kylie’s line was due to her marketing genius.

She not only stimulated anticipation for the release of her new line through her multiple social media platforms, she also kept in constant communication with her fans, letting them know when the lipsticks would be restocked and where they would be able find them. She also showed a considerable amount of public relations expertise by encouraging her fans not to buy from outside vendors who purchased the lipsticks for their original price of $29 and marked them up to as much as $225 on sites like eBay. In July of 2018, Forbes estimated her company at nearly $900 million. Over the next year, Kylie is expected to become the youngest self-made billionaire ever.

Kylie Jenner displays an immense amount of ambition, motivation, and persistence – traits that are necessary for any entrepreneur looking to start a business. Many may attribute her success to her family’s already established fame and reputation, but the bottom line is that she is an inspiring, young entrepreneur who has strategically used the resources at her disposal to create a cosmetic empire.

Gymshark: One of the UK’s Fastest Growing companies… and the Founder is Only 24!

From their fashionable gym clothing to their progressive office environment, Gymshark is one of the UK’s fastest growing companies. Started by Ben Francis in 2012, Gymshark seeks to create gym apparel that is both functional and fashionable. Many millennials have probably heard of the company, considering their outstanding social media and internet presence. The majority of their marketing comes from Youtube Stars, famous athletes, and popular Instagram models, but, how did Gymshark get this big?

We can start with their founder, Ben Francis. Since a child, Ben was always pursuing the entrepreneurial dream. As a teenager, Ben was obsessed with making websites, and using the internet to generate passive income. His most successful site sold custom British licences plates, inspiring him to do more. After the iPhone’s release in 2007, Ben saw a market, creating 4 apps in the span of a few years, 2 of them being fitness apps. Then, in 2012, Ben and one of his friends decided to start another website, Gymshark. With the Dream of becoming a Titan in the fitness industry, Ben worked 70+ hours a week designing, sewing, and shipping his newest brand, Gymshark. At the beginning Gymshark only sold embroidered tank tops and t-shirts, but they new something wasn’t right. They saw a problem with the shirts the were ordering, the sleeves were to long or the seams weren’t tailored in a way that made the male physique look good for gym-goers. Solving this problem has made the company millions.

Gymsharks advertising and marketing venture started a bit unconventionally. As the product started to gain popularity, Ben decide to send his merchandise to popular YouTubers and bodybuilders, asking them to review it and wear it. Of course, they loved the product. Gymshark now markets entirely on celebrity endorsments, reaching out to up and coming Instagram models and YouTubers offering to “sponser” them (essentially asking them to wear their product in the pictures and videos they create).

Gymshark certainly has an inspiring story, taking the drive and innovation out of a man and turning it into a company that is forcing big brands like Nike and Adidas to re-think how they design their clothes.

Stepping Up Her Game: The Story Behind Gladiator Lacrosse

Lots of 13 year old’s in the United States love playing sports, but very few create major changes their respective sport. Perhaps that’s because there’s only one Rachel Zietz, founder and CEO of Gladiator Lacrosse. Back in 2012, this young athlete found herself in a rather difficult position of wanting to improve her skills in lacrosse but lacking quality equipment to do so. The high quality equipment was far too expensive and the more reasonably priced equipment was shabby at best. With no way to improve her skills, Zietz began searching for a way to solve this problem.

The Zietz family can certainly be called an entrepreneurial family. Rachel’s father Sam is the CEO of Touchsuite, her mom Shelia is a cooperate attorney, and even her little brother Jorden is the founder and CEO of GameReef . Enrolled in an entrepreneurial program called YEA!, Rachel never expected to follow in her father’s footsteps and create a legitimate business. However, all that changed when she won the elevator pitch competition. She then ran full speed ahead with her new business plan: Gladiator Lacrosse.

Many people would think twice about investing in and contributing to a 13 year old girl’s company, but Rachel refused to let her age stop her from success. She wrote business plans, collaborated with professional sports designers and lacrosse players to create designs for her products, figured out ways to make high quality equipment at an affordable price, and began the first shipment process. By the time she completed the YEA! program, she was ready to go and armed with a 45 ft box of Gladiator Lacrosse goals and rebounders.

Since then, the business has continued to grow and Rachel became one of the most prominent teenage entrepreneurs in the world. Gladiator Lacrosse is a multi-million dollar business with distribution points both online and in major retail stores such as DICK’S Sporting Goods. It has garnered a lot of attention from business tycoons and professional athletes alike. Casey Powell, Rachel’s lacrosse idol, has partnered with her to create the “Casey Powell Signature Edition” line. The company has continued to produce more and more products with their founding goal constantly in mind: high quality equipment for an affordable price.

Rachel has also gained a lot of publicity and interest thanks to her game-changing business idea. She was recognized by TIME Magazine as one of the Most Influential Teens in 2016, in the company of people like Laurie Hernadez and former President Barack Obama’s two daughters. She’s appeared on season seven of ABC’s Shark Tank, was recognized on multiple occasions by Florida’s Governor Rick Scott in 2016, and even won the Governor’s Young Entrepreneur Award.  She’s been featured in many publications, including the New York Times, USA Today, Forbes Magazine, TIME Magazine, and many more. Furthermore, her equipment earned the bid as the goal provider for the 2018 FIL’s Men’s World Lacrosse Championships.

Today, Rachel continues to produce new products that revolutionize the game of lacrosse. She wants players to have the opportunity to improve their skills with the best equipment possible. She is personally involved in the design and creation of her products, ensuring that they live up to her very high expectations. She continues to step up her game so that other athlete’s and young entrepreneurs can too.

You can hear more about Rachel’s story and Gladiator Lacrosse on her website http://www.gladiatorlacrosse.com/about-us/

See her new developments alongside other young entrepreneurs online at https://medium.com/startup-grind/50-millennial-founders-their-startups-to-watch-in-2018-63b4c82c8b78

 

 

 

Justin Bieber – The Entrepreneur?

Justin Bieber is typically not someone that comes to many people’s minds when discussing entrepreneurs, but he is indeed included as one.  He is one of few celebrities who utilized YouTube as his platform to slowly grow his fame.  He began to use YouTube as a way to cover popular songs when he was just 12 years old and the positive feedback was almost instant.  People were astonished that such a young boy had that much talent.  His following on YouTube would continue to grow as he covered more and more songs.  He was eventually found by pop mogul Usher, who was able to sign Bieber to his label and that is when Bieber’s career really began to take off.  What is amazing about Bieber is that the fact at age 16, he dropped an album that sold over 5 million copies and went triple platinum.  Bieber was driven by the fact that everything going on was more than he had ever dreamed of, but he wanted to keep it going, he simply did not want to be another “one hit wonder”.  The interesting thing with Bieber is the fact that he never auditioned for shows or did performances, he simply posted his videos to YouTube and let the fame come to him.  He never went out of his way to get noticed, he just used the internet and the rest is history.  What makes Bieber even more interesting is that when he was discovered at 14, people were worried about his voice changing with puberty, but he was able to get even better as he got older.  Many people doubted that he could overcome a voice change, but he proved very quickly that it did not effect him or his music.  Bieber displays entrepreneurial traits such as, the ability to change, great passion, willingness to learn, willingness to accept criticism, and the ability to change his music for his target audience.  Bieber is a prime example of an entrepreneur that often gets overlooked because he is a celebrity.  Most people assume that celebrities cannot be entrepreneurs, but that is certainly not the case.  Justin Bieber is an inspiration because he shows that you can truly do anything you want if you put your mind to it.  He knew that it would be tough to secure auditions with record labels, so he used what he had and has never looked back.  I learned that you do not need top of the line technology or equipment to be successful, you simply need an idea and drive.

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.

From One Thing To The Next

Elon Musk is one of the most influential entrepreneurs of not only now, but of all time. He has been working on countless ways to make the world we win in a better place. Elon Musk doesn’t always just fix problems, but he also makes people realize how the world really should be. The first way he did that was through PayPal. PayPal was his innovative way to help people purchase products safely, securely, and quickly. This product has changed the way people are able to purchase what they want with confidence because of their ability to make sure the money only gets paid if the person paying, gets what they actually wanted.

Another innovative idea he developed was Tesla. Tesla is a car company focused on making cars that are run off batteries and from electric motors. This has changed the world of how cars work. The batteries used to make the cars have also changed the though of how powerful batteries can be and how useful they are. Mr. Musk wants to continue to work on making housing panels that allow ones house to be powered by solar energy, and make more clean, reusable energy for everyday use.

Another one of Elan’s innovations is his SpaceX company. This company is working with NASA to help get astronauts back into space. America is currently a country that cannot send astronauts into space, but Musk is working to change that. He has created new rockets that will allow up to seven astronauts to go into space. His design is based off the Apollo mission designs from when humans first went to the moon.

In the end, Elon Musk has truly changed the world by his ability to be an entrepreneur. He has made life better for humans, and will also continue to change the world by his future innovations.