Archive for Great Ideas – Page 12

Shark Tank Star Mo’s Bows

Moziah Bridges was only 12 years old when he become the CEO of his own bow tie company, Mo’s Bows. Inspired to start his company at the age of nine by his dad, who he would see dress very nice every day, Moziah asked his mom and grandmother for help on learning how to sew. This led Moziah to making his first ever hand-crafted bow tie. Believing that he had a good product, he started to sell his product online and in retail stores throughout Memphis. From there his business started to gain traction and the demand for his bow ties started to go beyond his local town, “I think the reason Mo’s Bows first caught on among consumers is the same reason it’s successful today. Every bow tie is hand crafted and made in America, and they’re all extremely colorful. There’s a lot of personality behind my line,” says Bridges. Throughout Mo’s Bows growth Moziah has stayed extremely involved in the entire process. He picks and approves all of the fabrics and patterns that go into making every bow tie. Of course everything is not solely run by him, his family helps out in every way that they can.

Mo’s Bows and Moziah Bridges become so popular that he started making TV appearances on a variety of different shows. Shows such as, the Steve Harvey Show, Today, and Good Morning America. He wanted to inform as many people as he could about the brand he was building. Things really started to explode after he made an appearance on an episode of Shark Tank in April of 2014. Moziah did not land a deal with one of the sharks but was offered mentorship by Daymond John. Moziah Bridges still is working with Daymond to help grow his business to this day, “Working with Daymond has really helped me take Mo’s Bows to the next level. He guides me through the practical aspects of running and growing a company”. Moziah’s goal is to grow into a full blown fashion line domestically and internationally. This growth has provided Mo’s Bows with amazing opportunities. These opportunities have involved being a fashion correspondent at the NBA draft and receiving an invitation to the White House where he was able to present Obama with his own blue tie.

Image result for Moziah Bridges with daymond john

The reach of Mo’s Bows company was growing, and Moziah wanted to do something good with it. This led him to start Go Mo which were bow ties where 100 percent of the proceeds went to send troubled Memphis children to summer camp in the summer. To date the charity has sent over 50 kids to summer camps in Memphis. Now Mo’s Bows has sold over $300,000 worth of bow ties and Moziah Bridges is still only in high school. Incredible!

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/

Rocking the UK Housing Market

Akshay Ruparelia, a 19 year old from the United Kingdom, has rocked the way people sell houses in the UK. Ruparelia’s site, Doorsteps.co.uk, offers a 97% discount on home selling. During a move, Akshay noticed that his family spent a massive amount of money on commission for estate agents. His site undercuts those costs. For example, Doorsteps.co.uk allows home sellers to host viewings, a process that, typically, is expensive for those selling through an estate agent. Doorsteps charges 99 pounds up front with no commission charges and has already become the UK’s 14th largest estate agency. Ruparelia’s innovation in the housing market has been dubbed the “Uber of the property world”. Obviously, the problem Ruparelia encountered included the excessive charges applied to those using estate agents, particularly regarding commissions. He moved to solve that problem after realizing the issue when his own family encountered those costs. Ruparelia’s problem-solving and visionary skills are skills to be admired.
Akshay Ruparelia Doorsteps.co.uk URL to Ruparelia article: https://startups.co.uk/young-entrepreneurs-akshay-ruparelia/

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.

Tonami’s Creations: For Children Aged 4 to 95 Years

Tonami’s Creations is the creation of Tonami Abiona, 7 year-old Nigerian entrepreneur who loves to draw, paint, color, write, and create.

At the humble age of five, Tonami began creating her own books of sorts, collections of art and stories. She gave them to her friends, wanting to spread her love for creation, and encouraged them to do the same thing. Her simple art form soon turned into a business opportunity when she was approached by Kid Entrepreneurs, “an organization that is primarily focused on raising the next generation of entrepreneurs;” they wanted to showcase her product!

A few pivots later, Tonami, with the help of her computer engineer and entrepreneur mum and financial analyst dad, arrived at what is now the My Story Book Kit. This product is “a creative writing resource for young readers, writers and illustrators,” containing a detailed instruction manual that guides kids through the contents and their own story-writing process. The kit encourages kids to be creative, and sharpens problem skills, all the while helping with personal and educational development.

Tonami’s branding is, quite frankly, genius. It’s a brand by kids, for kids, but appealing to parents, teachers, and gift-givers as well. The business increases their presence by showcasing at events and offering their products through different retailers. They also market the My Story Book Kit as a great gift idea and sell t-shirts to increase brand awareness.

Taking an everyday piece of joy and turning it into a business, Tonami’s Creations has re-created the way kids around the world look at creativity. To see their website, click here.

Smiley Face Sponge Becomes a Jackpot

Aaron Krause, the creator of Scrub Daddy turned a simple idea into a million-dollar company. Scrub Daddy was founded in 2008 by Krause. He later partnered with Lori Greiner, a business mogul on the shImage result for scrub daddyow “Shark Tank”. The company sells smiley-faced dish washing sponges that change its texture and feel depending on the temperature of the water. The features of this sponge is that it is scratch-free and odor resistant, as well as dishwasher-safe. Krause had always had a passion for invention and even as a child would be constantly inventing. Scrub Daddy originally was not invented to dish washing Krause engineered the sponge originally to be for washing his hands after a long day as a factory worker and his hands would be covered with chemicals and grease. One day, he had a eureka moment and realized that it would be way more useful for washing dishes. Plus, the hole would allow for it to be easy to hold when scrubbing pots and pans.  Krause’s story is inspirational because he simply revolutionized an everyday item into a million dollar business. His story shows that just simple changes to an already utilized product can result in a huge success.

Image result for scrub daddy

 

Silbermann and Sharp: Pinterest

Ben Silbermann and Evan Sharp, co-founders of Pinterest, both used their prior experiences in the technology and the internet to start a very successful business of their own. Silbermann was a Google employee until he left to design apps on his own. However, these failed to gain any traction, until eventually he designed a product inspired by his own love of collecting things.

Similarly, Sharp worked at Facebook as a product designer. He met Silbermann in New York, and then joined his team to make Pinterest a reality.

Pinterest is really about idea sharing. People enjoy telling others about their ideas, and Pinterest gives them a platform to not only do so but also to gauge how a community will respond to it. It is a great place to see other peoples ideas as well, and find inspiration for many different things.

This business idea is a great example of collision in a liquid network. In the realm of technology and the internet, two men with the experience and ideas necessary collided to make a business that could possibly eclipse Facebook and other social media giants.

Without one another, the idea would just be a pair of hunches, and nothing would have come from it. However, in a community where ideas can bounce around, change, and grow, true innovations can be born.

Jack Kim- Benelab Search Engine

Jack Kim is a young entrepreneur that is still in high school in Seattle. He is the founder of a search engine called Benelab that is designed to make philanthropy easier by generating donations. Jack’s project is not-for-profit and he plans to donate all of the revenue generated by Benelab. Jack quickly learned the power of a search engine’s ability to generate wealth from very little traffic through his work with search engines in the past. After developing an outline for his idea, Jack got a team of his high school classmates together to start working on the project. So far, Benelab has been incredibly successful at generating wealth, and all of this wealth is then donated to different charities and organizations to help the less fortunate. Benelab provides an easy yet effective way of enabling everday internet users to participate in philanthropy, even if they do not realize it.

“Many people think of charity as something limited to the rich or “good”, but in reality it’s something that can and should be incorporated into anyone’s daily life – you just have to know how.” – Jack Kim

Spotify – Daniel Ek

Spotify or Apple Music?

Answer: Spotify

Spotify has been around for many years, but it especially rose to dominance in the last few years. However, it hasn’t always been success and diamonds for the two Swedish founders and entrepreneurs, Daniel Ek and Martin Lorentzon.

Once upon a time (back in 2005), they were two guys fiddling and working on the development of Spotify from Ek’s apartment. It was so hot inside because of all the servers running– and the two founders were said that they were forced to sit around half-naked to avoid sweating to their death.

But let’s back up.

Daniel Ek has always had an unparalleled love for music… and technology. The young Swedish boy was without a biological father in his life and was given the chance to combine music and technology in his studies at secondary school. After completing IT college where he graduated with top grades, he landed a job at Europe’s largest advertisement company and rapidly became successful. At that age, 23, he was financially independent, owned a red Ferrari Modena, and owned a VIP card to the hottest clubs in Stockholm, Sweden. Source

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Restoration Apparel Co: Michael Mitchell

Image result for Restoration Apparel Co. // Michael MitchellImage result for Restoration Apparel Co. // Michael Mitchell

Today we live in a world where the apparel industry is more prevalent than ever. The rise in fashion has made it so that you could purchase a shirt anywhere from $10 to $1000 and the market just keeps expanding. In order to supply the heavy demand placed on clothing, the apparel industry employs many people from every corner of the world.

However, many of these workers, especially in third world countries, are being paid extremely low wages.On average, only 2.5% of the wholesale price of apparel goes to all workers who construct the  products in the developing world.

Michael recognized the exploitation that occured so frequently in this industry and decided to act on his compassion for these people. Michael along with others started a company called Restoration Apparel Co. Restoration Apparel Co. strives to lift the lives of workers and restore dignity to the apparel manufacturing industry through living wage job creation and its Wage Restitution Allowance give-back program. It offers factory direct access to dye sublimated, screen printed, and embroidered sportswear while providing its customers peace-of-mind regarding the production of their products.

I admire this entrepreneur for his compassion and selfless heart. And unlike so many other people, this entrepreneur chose to act on his compassion by supplying a better paying job for people who are stuck in their poverty.