Archive for Business – Page 4

Gavin Batarse – Glove Wrap

Gavin Batarse is a baseball enthusiast and entrepreneur from Orange County, California. Gavin loves playing baseball, and he learned that the secret to catching a ball is by breaking in and shaping your glove. When you buy a new glove, it is very stiff, rigid, and hard to close. From t-ball players to professional baseball players, everyone needs to break in a new glove when they get it. People have tired so many different ways, such as driving a car over their glove or putting in under their mattress to try and make their glove less stiff. Gavin saw that this was a problem and knew there needed to be a better way for baseball players to break in their new gloves. This led to the creation of Gavin’s invention, the Glove Wrap.

Glove Wrap is an elastic band with the exact width, length, and thickness needed to break in and shape your baseball glove while forming a perfect pocket. You simply put a ball inside your glove, wrap Glove Wrap around the entirety of the glove, and then leave it be.

Gavin appeared on season 15 of Shark Tank, with his older sister Morgan and their dad and coach Jon, when he was just 8 years old. They were seeking $50,000 for 20% of their company. When Gavin came onto Shark Tank, Glove Wrap had sold over 1,000 products and had over $19,000 in sales. The Sharks were very impressed with his knowledge and his invention at just 8 years old! Gavin got an offer from Mark Cuban and Michael Ruban for $50,000 for 22% of their company. Gavin proudly took their offer, and he is hoping to grow his company so that Glove Wrap is used across the country, from little league to Major League Baseball teams!

Glove Wrap Breaks in Baseball Gloves Shark Tank Season 15

Kaitlyn Kuscevic

A 13-year-old’s Manly Candles

Hart Main’s entrepreneurial career started with a sibling rivalry. Hart used to tease his sister’s highly feminine and flowery smelling candles. Then Hart found a bike he really wanted but he ran into one small problem: the bicycle cost a whopping $1500. Inspiration grew in Hart’s middle-school brain, and he set out to design a manly-scented candle, tapping into an unreached market with creativity and intuition. Combining ingeniously repurposed soup cans, diligently crafted scents, and a creative brand name, ManCans was born.

The young teen sells strongly nostalgic, relaxing, and masculine candles. His scents include Campfire, Bacon, Sawdust, Fresh Cut Grass, and Grandpa’s Pipe. Hart’s candles are handmade in Lisbon, Ohio by a workforce largely comprised of people with special needs. His business has grown greatly exponentially, bringing his candles to every state and regularly makes six figures annually. Hart’s dedication and passion in his entrepreneurial venture is displayed in the compassionate aspects of his business. Committed to his local communities and the unmet needs of the poor, Hart donates part of his revenue to soup kitchens in Ohio, Pennsylvania, West Virginia, and Michigan. You can learn more about his impressive business here.

Main man behind ManCans

The Seiders: Breaking Through the Unbreakable Market

I will start this off with a disclaimer: it is unclear whether the Seiders brothers are “millennials,” but they have heavily impacted both the Millennial and Gen X generations. Ryan and Roy Seiders grew up in Texas, where they were avid enjoyers of the outdoors. Spending many weekends in the Texas heat catching fish, they knew there was a problem with their coolers. That is when the Seiders came up with the idea to revolutionize the cooler and drinkware market with their idea, Yeti.

The cooler and drinkware market has long been dominated by many different companies, and it is a very easy market to make your way into. However, it is a near impossible task to become the leader of that market, and stay there for over 10 years. The Seiders revolutionized the way drinkware can be personalized and classy, while still remaining completely functional. The Yeti brand has become a staple in the cooler and drinkware community, and has been regarded as the best coolers money can buy. Every year, Yeti creates something new and innovative that nobody thought would be useful or worth it, and it instantly sells out.

These brothers are so inspiring because they found a problem in their own lives, and created a solution that has helped hundreds of thousands of people. Tailgates, parties, fires, and gatherings have all been revolutionized by the Seiders brothers invention of Yeti.

Children of Passion – Pocketti Plushies – Sydney and Toni Loew

Meet Sydney and Toni Loew, two sisters whose lives changed right in Middle School. Their product was inspired by an entrepreneur class Syndey had in 7th grade, which allowed her to write out a business, even create a prototype, and then she got to pitch the idea. Her target was 11-14 year old kids, so she chose to go down the toy route, where she created her business, Pocketti Plushies! She wanted something that would differ from other plushies, and decided to add something functional to the plushie by giving it a pocket to hold a phone in. Because her product did so well, she was able to get her plushies launched into a business.

With a rocketing business, Sydney and her sister Toni began their career, creating unique plushies, with powers as they called it. Each plushie was uniquely designed and made with different personalities. They were able to attend several sales events and create television commercials, as well being able to pitch their ideas to schools. They were also awarded several prizes such as Wonder Girls by Women in Toys in 2016.  They were also able to get Walmart as a client!

While their business is run by them and their mother, they also attended school. Sydney is now a graphic designer intern at Disney’s Yellow Shoes internal advertising agency. While her sister goes to USC’s Thornton School of Music, where she is in two music bands! Their love for all things creative is truly inspirational as they continue to grow their business across the world.

Despite their successes, even they have had rejections. They participated on Shark Tank 3 times and got a no each time, but that hasn’t stopped them from continuing their business!

With their creativity and passion for innovation, they have created a business they hope to grow across the world. For now, we can appreciate how young these girls were when they began their journey, representing that even in Middle School, anything can be done if you put your mind to it. Success isn’t defined by the number of statistics, but by the satisfaction it gives to the customers and to you.

Carson Kropfl – Locker Board

Carson Kropfl is an inventor, skater, and surfer from San Clemente, California. Carson first came up with his idea when he started middle school. He loved skateboarding, but he found that he didn’t have a skateboard that fit in his locker. He decided to make his own skateboards that he later called Locker Boards. Locker Boards are hand-made and reshaped from recycled skateboard decks at 16 inches long. At this length, they easily fit into backpacks and lockers. Locker Boards are also good for the planet. The rectangular shape of the board allows you to still be able to do tricks on it, like a normal skateboard, despite the smaller size. In his first 9 months of running the company, Carson made $10,000 in revenue, selling online and promoting his product through social media.

Carson appeared on Shark Tank in 2017 when he was just 11 years old. He came in seeking $60,000 for a 15% stake in his company. He received offers from Mark Cuban, Robert Herjavec, and Richard Branson. He took Richard Branson’s offer of $65,000 for 20% of his company with the goal of growing his company to be known across the country. In February of 2020, Carson signed a licensing deal with a major toy company called Wham-O. Locker Board now has a net worth of $325,000, and Carson is looking to sell the company so he can focus on his schooling.

When Carson was asked on Shark Tank where he wants to be in 5, 10, and 20 years, Carson simply said “everywhere.” He seems to have achieved that goal and is now looking forward to the next stage of his life and all that is ahead of him.

– Kaitlyn Kuscevic

Garbo Zhu: Founder of Grumpy Kid Studio

Garbo Zhu, a creative entrepreneur, displays a unique approach to pottery. Prior to Zhu, pottery was known to be a grimy process where one was expected to dress dull in order to preserve their nice clothes. She challenged this way of thinking by creating pottery while also wearing fashionable clothing. The powerful combination of Zhu creating beautiful pottery and gorgeous outfits led to an immense following across TikTok, Instagram, and YouTube.

Understanding her customers’ desire to own her ceramic creations, she created Grumpy Kid Studio; a fully functioning pottery business that is distinctively trade-marked by little grumpy faces on each piece. On account of launching this business and growing her outreach beyond social media users, Zhu’s pieces are now displayed in houses across the world and her brand has grown exponentially. Garbo Zhu is especially inspiring to me, as a young creative who deeply loves fashion and art, because she built a space where the two can coexist. Additionally, I am also encouraged to explore the ways I can use my creative drive to connect to a niche group of art and fashion lovers.

Dude Perfect; A Multimillion Dollar Business

Dude perfect is a YouTube channel that many of us have grown up with. From the trick shot videos to the stereotype episodes, Dude Perfect never fails to entertain people of all ages.
This athletic and creative group of friends started out as a few college students doing trick shots in their backyard. One video quickly collected millions of views, and using their platform of fast-growing fame, they didn’t stop at making videos. Now they have launched different product lines and continue to develop their brand and video style.

How Dude Perfect turned a trick-shot YouTube channel into a sports ...
One thing about Dude Perfect that is unique is they have never lost track of their original brand look and identity which is why viewers love them.

They now have Streaming Platform which is advertised as family friendly content perfect for all ages. They’ve been intentional about sports industry involvement and have a share of the premier league football club. This connects them to digital content creation and traditional sports. Dude Perfect goes on tours that sell out extremely fast. These live tours are fun for their fans and are an opportunity for growing their fan base. They recently announced their plans for Dude Perfect World, this ambitious project will have trick shots and games in person.

Dude Perfect's Plan To Build $100 Million HQ Leaves People Baffled
Dude Perfect is so successful because of their reliable authenticity. This is a lesson for entrepreneurs to stay committed to their passion and principles in their vision for their business or idea.
The Dude Perfect group has also exemplified great innovative principles, they constantly look for new opportunities in the developing society and technology. They successfully balance this with staying true to their authenticity. They show us not to be afraid to imagine the seemingly crazy or impossible but to pursue opportunities with courage and strategy.

From Prison to Penthouse, The Explosive Rise of Wes Watson

La comitiva de coches que Wes Watson lleva a la entrega de su Bugatti Chiron Pur Sport de 4 millones

Motor16.com. (2023). Wes Watson with his Bugatti Chiron Pur Sport [Photograph]. Retrieved from https://motor16.com

 

The end seemed imminent for Wes Watson. Busted, arrested, and incarcerated, this California man’s life could have been defined by one word: doomed. The story of Wes Watson is one of incredible transformation, the epitome of reinventing oneself. He took his life of crime and ten years of incarceration, reshaped his direction, and nearly instantaneously forged a multi-million-dollar business empire. A few years ago, he was an inmate; now, he lives atop the world in a Miami penthouse. This is the story of Wes Watson, a man who overcame all odds, turned imminent defeat into victory, and is now thriving at a level comparable to Fortune 500 CEOs.

A millionaire within 18 months, but his story doesn’t start there. Wes Watson was born and raised in San Diego, California, where he embodied the coastal California lifestyle of surfing and skateboarding. At 12 years old, Watson began his journey down what would eventually become disaster, experimenting with marijuana. By the time he turned 14, Wes transitioned from merely using marijuana to dealing drugs, which eventually inclined him towards other illegal activities. Throughout the years, Watson’s involvement in crime escalated, with him frequently partaking in violence. In the end, his lifestyle caught up with him. After a dispute with a customer, Watson was arrested and imprisoned for assault with a deadly weapon, battery with serious injury, among other charges, resulting in a 10-year sentence in California prison.

It could have all ended there. Instead, immediately upon entering jail, Watson resolved to reinvent himself. Confinement was the crucible for his self-transformation. Instead of sleeping in, Watson began waking up at 3 AM, a practice he continues to this day. He focused on generating a meticulous daily routine involving physical fitness, discipline, and mindset development. Programming was also huge for Wes Watson. A topic he talks about frequently in his content, programming the mind is one of his keys to producing meaningful results in life. Watson’s strict adherence to programming while in prison earned him the admiration of fellow inmates.

Ten years later, in 2018, Watson was released and was miles away from financial freedom; he had hardly $200 to his name. However, he had something much more valuable: a deeply ingrained sense of discipline and an entrepreneurial plan for domination. In an age when people are pursuing fitness more than ever before, the former Californian prisoner launched Watson Fit, an online coaching business geared beyond just fitness but also to the entirety of life. The market differentiation of Watson Fit was this: it revolved around mindset, rather than a by-the-book workout plan. His philosophy is simple yet powerful: “Do the things you hate like you love them.” This saying of his is basically a proverb when applied to entrepreneurship. Much of his advice resembles the teachings of David Goggins, the American ultramarathoner whose bestseller Can’t Hurt Me is a commonly recommended book for modern entrepreneurs. Watson Fit takes individuals to the next level when implemented. His mission is to make clients the best version of themselves by making self-development a lifestyle. When one reaches the highest levels of self-development, Watson believes that money will automatically flow to them. The company quickly became a hit, attracting clients who not only sought gains in the gym but a complete overhaul of their lives.

One successful entrepreneurial endeavor was insufficient for the high ambitions of Wes Watson. His next income stream was personal branding, in the launch of his YouTube channel, GP Penitentiary Life, where he diffuses raw, unfiltered stories from his time in the prison system, in addition to motivational and gym content. His channel, which caters to the fitness and self-development communities, is a massive hit, with over a half-million subscribers. This led to a surge on Instagram as well, with him boasting nearly one million followers at the time of this article. Having such a large presence on social media allows Watson to monetize not only his posts but also serves as free marketing for his coaching program. What sets Watson apart from influencers in the way he markets his personal brand is his street-level intensity and raw advice on how to better oneself. Sugarcoating life is not something Watson specializes in, and this rawness appeals to his target demographic.

Ultimately, his core philosophy is extreme discipline in the face of competition. He is a strong defender of the belief that in order to achieve a high level of success, one must do what they hate, stepping outside their comfort zone. Suffering is not an option; it is mandatory for people to arrive at the destinations they desire since it yields mental resilience and opens the mind to higher levels of wisdom. In an age when the majority of people take the path of least resistance, his message stands out as bold. His daily routine is a testament to his beliefs; waking up at 3 AM consistently is something most Americans do not want to do. He understands getting up early as gaining a foothold on the competition. But waking earlier than others alone will not get high-aspiration individuals across the finish line. Suffering ought to be encountered in every area of life, according to his philosophy. Rigorous physical fitness, such as performing hundreds of burpees before other prisoners woke up, earned him respect in the penitentiary then and as an entrepreneur now. Lastly, Watson believes that self-love is essential, and that self-investment—in all forms, physical, mental, and spiritual—will forge a foundation of self-respect necessary to accomplishing a flourishing life.

Today, the entrepreneur Wes Watson expands his empire further. He owns mansions in Rancho Santa Fe, California, and Miami, Florida, living an extravagant bi-coastal lifestyle fueled by his profits. The other day he moved into a penthouse in Miami, his third luxury residence. He wears a half-million-dollar watch to the gym, and his supercar collection is highlighted by a bright-orange Bugatti Chiron. His net worth is estimated to be around $30 million. Fortune 500 CEOs get paid as much as the value he has personally created through his mindset. Despite his outward success, he remains committed to his core principles. He still wakes up at 3 AM, constantly seeks self-improvement, and posts loads of daily social media content. To maximize self-development, Watson now brings together groups of like-minded individuals and entrepreneurs who are dedicated to making money and achieving freedom. His success story is not merely one of entrepreneurial triumph but one characterized by breaking free from limitations and creating a lifestyle that incorporates growth in all spheres.

Wes Watson got out of jail just six years ago. Instead of letting his ten-year incarceration define him, Watson is the epitome of an entrepreneur. He creates value and impact through an innovative mindset. His net worth was $200 upon release from California prison, but now he lives a wealthy lifestyle in the beautiful towns of Rancho Santa Fe and Miami, pulling up to the gym in a Bugatti Chiron. He went from prison to helping millions break out of their own prisons by teaching people to do the things they hate. The story of Wes Watson shows that no matter where you start, you can achieve greatness in entrepreneurship if you’re willing to embrace discipline and work relentlessly.

 

Written by Carson Batzel, 9/23/2024

Sean Belnick – BizChair – The Inventory Question

Sometimes it’s not about the produce that you sell but how you sell the product.

Sean Belnick must have had an inkling of that idea when he started BizChair, a company focused on providing businesses and individual customers with chairs in 2001. Picture this; 14-year-old Sean introduced to a brand new platform called the Internet. The possibilities are endless and frankly, too much to think about. So, Sean took advantage of the new and confusing market and provided a simple plan to people. Drop shipping, a system that was simple for any customer who wished to order a chair or two, became the primary business model. This method involved no inventory, but rather a system of instructions relayed to a manufacturing company via BizChair. This system was advantageous in the early days of BizChair because nobody had massive amounts of inventory on the internet yet that would cut into the Sean’s revenue. He also saw that it would cost too much to keep inventory that had no guarantee of selling. This goes double for office chairs. Who thinks of office chairs?

So, Sean envisioned the ease of drop shipping and used this exclusively in the beginning, but he was also smart enough to know that it wouldn’t last long. This model was great because it kept costs low, production easy and location a no-brainer; wherever your computer was, the company was there. The problem is that other competitors knew this too. It was too easy to lose out to others. Once sales were steady enough, BizChair switched tactics and kicked things into high gear. They had a name, they had funds; time to mass produce and under-cut those with their former business model by always keeping inventory and applying to a wider customer base. This allowed them to sell each products by 10-15% lower then before.

Another way Belnick had foresight into the internet world is the eventual emergence of thousands of online retailers. What would differentiate him from the rest? Excellent customer service was the key. From day one, he maintained a free-shipping policy and a 60 day money back guarantee. He credits this for much of his growth and success in the early years.

Even today BizChair maintains a professional outlook on serving their customers. Belnick says that drop shipping was critical but notes that the switch to an inventory based model was one thing that sustained the business in the coming years.

I think this principle is important to remember because it’s not only about starting a business; its about maintaining it and always looking forward.

Chris Bumstead: Bodybuilding Redefined

(LEFT SIDE – Arnold Schwarzenegger, RIGHT SIDE – Chris Bumstead)

Born in 1995, Chris Bumstead, better known as “CBum,” is a Canadian bodybuilder and social media influencer who has quickly become one of the most recognized figures in the fitness world. Best known for winning the Mr. Olympia Classic Physique title four consecutive times (2019–2023), Bumstead has solidified his position at the top of the bodybuilding elite. Starting his competitive journey at just 19, his natural talent and relentless dedication quickly set him apart, earning him comparisons to Arnold Schwarzenegger. Like Arnold, however, CBum’s influence extends far beyond the bodybuilding stage.

Fitness is a notoriously difficult industry to breakthrough. The competition is high with established and professional athletes with pre-existing followings. Specialized diets, supplements, training programs, and competition fees can create financial barriers for aspiring bodybuilders. Slow physical progress, hormonal fluctuations, and mental barriers can all hinder one’s success. Bumstead has overcome all this and more. Not only has he attained a physique to be desired by sedentary and active people alike, but he’s also successfully translated his fame into multiple entrepreneurial ventures. He launched Bum Energy, a sports and energy drink company, and co-founded Raw Nutrition, a supplement brand focused on high-quality performance and recovery products. His partnerships with popular brands like Gymshark, Vaughn’s Treats, and Revive MD reflect his hands-on approach, ensuring that the products he endorses align with his values of transparency and quality in fitness.

In addition to his business endeavors, CBum is also a massive force on social media. With nearly 5 million followers on TikTok and over 24 million on Instagram, he’s one of the most influential fitness personalities online. He connects with his audience by sharing workout routines, nutrition advice, and personal insights into his life. Bumstead has been open about his struggles with mental health and his battle with IgA nephropathy, an autoimmune disease, further endearing him to fans for his vulnerability and authenticity. Bumstead’s combination of physical achievements, business ventures, and online transparency has made him a fitness icon. By redefining what it means to be a bodybuilder in today’s world, Chris Bumstead has inspired millions to pursue fitness.