Archive for Great Ideas – Page 5

Hey it’s WordPress!

Posted by hasseea20 
· Monday, November 30th, 2020 
· 4 Comments

Matthew Mullenweg grew up with hobbies like coding, art and economics. A fun mix. One of the main founders of WordPress, his hobbies and skills throughout his life led to many amazing web related ideas. In 2005 Matt left school at Houston and a consulting job to start his overhead business, Automattic. This later led to a slew of other companies that used Automattic as a launch pad, including WordPress. He was just nineteen when he decided to change the way people use the internet to publish.

Automattic and all of its resulting companies has turned into a completely virtual company of over 1,100 employees in more than 62 countries.

WordPress, which is used by many authors and writers to publish blogs, was started because of the closure of b2, the only other open source platform option at the time. Having used b2 throughout his life, its end was a pain for Matt. The idea and plan for WordPress started when Matt was approached online by a fellow coder after he had talked about the lack of a publishing space.

Using b2 as a starting base and template, the two entrepreneurs proceeded to build upon the main idea while improving any faults. A classic mash up of ideas and innovation, WordPress is now used by over 31 percent of the web. It is only one of many successes Matt made for himself, but it very much added to the open source world of the web.

He works on it constantly and takes joy from the benefit people receive.

From educational to professional, WordPress has added levels of simplicity, convenience, and efficiency to the way people work. Matt has an entrepreneur’s  spirit, and from his career history so far, it is easy to see he looks for problems to solve and thrives in finding solutions.

4 Comments
Categories : Blog, Business, Challenge, College, Communication, Convenience, Great Ideas, Male Entrepreneurs, Millennial Enrepreneuers, Millennial Entrepreneurs, Uncategorized

New Idea – New Oppurtunity

Posted by morrownx18 
· Monday, November 23rd, 2020 
· 1 Comment

Everyday, someone somewhere has a new idea they want to share. However, very few make it to market, or even make money for you. Getting your idea out there is hard, so hard in fact it is what separates entrepreneurs from dreamers.

Gerard Adams, CEO and founder of FOWNders social-impact accelerator in Newark, NJ to speak at TEDx September 28, 2016. (PRNewsFoto/FOWNders, Inc.)

It is hard. Ask Gerard Adams, an entrepreneur himself and founder of Elite Daily, how hard it is. He logged many hours into coming up and laying the ground work. He thought this would be the hardest, most time consuming part; however he was wrong, way wrong. His hardest part was taking that idea and publishing it and getting it noticed. It took time, time that he wishes went faster. So after a lot of thought, time, and energy put into one idea, he did what every entrepreneur does: threw it away and started all over. He had another idea, bigger, better, and one that benefits more than just him – Fownders.

Elite Daily  founder created a place that is a safe for young entrepreneurs to go and publish their ideas and share what they want to start up and create themselves. Fownders takes your OWN, orginal idea and gets it out into the world for you. It serves as a place to bounce ideas off each other, connect, and expand on new or old ideas. The website has connected many entrepreneurs, some of which combined ideas and made it big in half the time as others, say Gerard Adams. It even offers ways to help many young individuals create new ideas, and start ups that go on to make millions. So if you have a good idea that you are struggling to share, get out there with it, try Fownders. 

1 Comment
Categories : App, Great Ideas, Millennial Enrepreneuers, Social Entrepreneur, Youngest Entrepreneurs

IdeaPaint: Dry Erase Walls

Posted by smithag20 
· Tuesday, November 17th, 2020 
· 5 Comments

John Goscha founded IdeaPaint, in the early 2000s. He and several friends, Andrew Foley, William Gioielli, and Alex Galperin, developed this idea through their college years. Seeing a need for dry erase walls first, when John and his entrepreneurship hall mates posted large sheets of paper up and down the walls of their hall. They eventually ran out of space on their idea sheets and had to continually replace them. Goscha decided to try and find some dry erase paint to make their lives easier. To his chagrin, there was no such thing!

John, Andrew and William started developing the business plan for IdeaPaint, and researching options and paints to test their product out. They made the walls dry erase and when students and faculty started using the walls, they realized this had an actual market. IdeaPaint received seed money for Babson, and the team began working to creating their product. After graduation, the team split up, but John Goscha kept at his idea. IdeaPaint has several setbacks finding a paint that would actually work commercially. They eventually found the perfect product, and received investors and are now a very successful company. Many large companies and universities, including Chick-fil-A, MIT, Go Daddy, Evernote, Welch’s, Google and more use IdeaPaint around their campuses.

John Goshca, came up with an incredible product idea, when he and his entrepreneurship buddies found a pain they were experiencing. He joined together with a few other classmates, realizing that working together would help him find a better solution, than if he had been working on his own. John did not let setbacks keep him down, but pursued his idea throughout the decade until he reached success. He has benefited so many individuals and companies through his hard work.

IdeaPaint now have many different options and products, including magnetic surfaces, dry erase + projector surfaces and others that allow lots of flexibility, and it all stemmed from the need to stop replacing paper on the walls of John Goscha’s dorm hall.

5 Comments
Categories : Art, College, Creating, Great Ideas, Millennial Enrepreneuers

Potato Parcel – An Unlikely Success Story

Posted by zeislerzt1 
· Monday, November 2nd, 2020 
· 6 Comments

Potato Parcel is a business that was started by 24 year old Alex Craig, a mobile app developer that had recently graduated from the University of North Texas.  The business concept is fairly simple, you can have a potato, with 140 characters or less written on it, mailed anonymously to any address.  As it turns out, there was actually a decent market for this service.

After going viral on Reddit and Twitter, Potato Parcel quickly began making profits of $10,000 – $13,000 per month.  By the end of the year, the business was sold to Riad Bekhit for $40,000.  Bekhit expanded the product line to allow you to ship potatoes stamped with the image of someone’s face.  The business was even able to secure an investment on Shark Tank, further growing its market.  Potato Parcel has the value proposition of being an alternative to boring greeting cards.  The goes to show that if you know how to position yourself in the market, you can build a successful business out of nearly anything.

 

6 Comments
Categories : eCommerce, Great Ideas, Shark Tank

Daniel Fine

Posted by matthewssm19 
· Friday, October 9th, 2020 
· No Comments

Daniel Fine shows that no age is too young to start a business as he created four different companies by the time that he was in college. As a senior in college, Fine has been recognized for his great entrepreneurship by many outlets, including Forbes, TIME Magazine, The New York Times, and even the President of the United States by earning the President’s Volunteer Service Award. While Daniel Fine has made many impressive accomplishments in his young career, he continues to give back to the community in a way that he enjoys.

Daniel Fine started his professional career at seven years old when his brother Jake was diagnosed with Type 1 diabetes. Daniel realized that he could help to give back to the diabetes community by launching Team Brotherly Love, his first business. To this day, Team Brotherly Love has been very successful and has raised over two million dollars towards Type 1 diabetes research.

Fine later launched another company called Match Tutors in an attempt to provide innovation in the tutoring industry. He noticed that when a tutor and student had similar interest, the session usually yielded better results. He decided to create Match Tutors so that any student would be able to find their ideal tutor to “increase engagement and achieve greater results.”

Glass-U, one of Fine’s successful businesses, seeks to market fully foldable sunglasses in a unique way. Daniel Fine took a new perspective on the sunglass industry and created sunglasses that are fully foldable to be even more easily stored. Glass-U’s marketing technique is unique because it appeals to college students. Glass-U is licensed by many different colleges and universities and even extends to fraternities and sororities to make customized sunglasses. Glass-U has been featured in the Rose Bowl, Lalapalooza, and the FIFA World Cup.

Along with Team Brotherly Love, Daniel Fine also decided to give back to the diabetes community by creating his company Dosed. Dosed is a smartphone app that tracks the insulin dosage taken by a Type 1 diabetic. According to the Dosed website “Dosed improves patient compliance by providing direct access to data that can facilitate behavioral modification.”

Sources:

http://www.getdosed.com/

http://www.danielfine.com/

https://www.nytimes.com/2014/12/11/business/smallbusiness/daniel-fine-of-glass-u-decides-that-the-degree-matters.html

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Categories : App, Business, Great Ideas, Millennial Enrepreneuers, Technology
Tags :

The Million Dollar Homepage: How Alex Tew Paid for College

Posted by zeislerzt1 
· Thursday, October 8th, 2020 
· 4 Comments

In 2005, 21 year old Alex Tew created the million dollar homepage to fund his college education.  The website had 1 million pixels and they would be sold for $1 in blocks of 100.  The buyer could use the pixels to put a slogan or message and a link to a website of their choice.  Sounds like a pretty dumb idea right? Well it actually turned out to be extremely successful.  Within a year all pixels had sold, and the last 1,000 actually sold on an eBay auction for $38,100, bringing the revenues of the site to $1,036,100.  It started with some of his family members purchasing pixels, but as word of the website spread and it got more attention, many businesses started buying pixels for advertising.  At first glance, it makes no sense why people would spend money on this, but they saw it as a simple, yet clever idea for a young man to pay for college.  Because they found it humorous and cleaver, some people where willing to pay for pixels, which started a chain reaction with the site becoming increasingly popular and the pixels becoming more valuable as a advertising tool.  Alex was actually a talented entrepreneur and not a one hit wonder.  Since raising this money to pay for his education, he has put his degree to good use and is no the co-found and co-CEO of Calm, which is currently the number one app for meditation and sleep that is designed to help people relax.  Alex shows that you do not necessarily have to have a life-changing idea to be a successful entrepreneur, you just have to be creative and relate to people.

https://en.wikipedia.org/wiki/The_Million_Dollar_Homepage

4 Comments
Categories : Great Ideas

It started with a bath & it was “Da Bomb”

Posted by Annalese Aderholt 
· Thursday, October 8th, 2020 
· 2 Comments

In 2012, sisters Caroline and Isabel Bercaw were a couple of young teenagers who loved using bath bombs, so they decided to start creating their own for fun. But — theirs were unique. Some of their “bombs” would have a fragrance or would be fizzy, but what was most striking for customers was that each would have a small treasure—like a ring, or a fortune—in the middle when the outside had dissolved. After selling out their products at a local art fair and getting a call from local and major retailers, Caroline and Isabel realized they could turn this into something real.

As of 2018, Da Bomb is a $20 million-plus company employing 200 people with features on Forbes 30 Under 30 2019 as well as the Wall Street Journal Business. With their parents as CEO/CFO, co-founders Caroline and Isabel are now young college students with their products — that were once just a hobby — in thousands of stores worldwide and online. Their bombs are made from a selective few, clean ingredients in order to keep things “as natural as possible” (Da Bomb). Additionally, for a long time, they made each bomb by hand in their basement, but due to their immense growth, they have had to outsource; however, all of their products are made in the USA.

What made their bath bombs so great? For most people, it was the treasure inside. It was a personal gift, and that made an impact on the consumer. Also, clever names such as “F-Bomb,” as well as fun fragrances caught the attention of consumers looking for something unique. Caroline and Isabel are now the authors of two books, both of which contain recipes and other DIY-type activities to make and do with bath bombs, face scrubs, and more.

Overall true innovators in their field, Caroline and Isabel Bercaw created a highly-successful, family-run business founded on simplicity, uniqueness, and fun — and it is the bomb.

 

 

2 Comments
Categories : Experience, Great Ideas, Handmade, Household Goods, Uncategorized

ManCans! Manly scented candles

Posted by simmonsbw19 
· Wednesday, October 7th, 2020 
· 1 Comment

 

Another young entrepreneur out of Ohio is Hart Main. Hart Main is a 13-year old that came up with the idea of manly scented candles. “Why don’t people make candles with scents that everyone likes?” Hart Main asked, while smelling the overly perfumed candles his sister was selling for a school fundraiser, he thought about guys who did not want their bedrooms to smell like, lavender soap. Although his sister did not expect him to fully pursue the manly scented candles idea himself, he did, and the idea has turned into a nationwide success. But before this success, before the company started, Harts’ wheels began turning, and the entrepreneur in him began to come out. He saw the opportunity right under his nose, the young entrepreneur combined his passion for helping his community with his interest in making a different sect of candle by donating to local soup kitchens and using the empty cans to hold his extraordinary scents. Main put in an initial investment of $100, his parents put in $200, and they all worked together to develop the candles as a group. Hart and his family work together to craft these handmade soy-wax-blend candles that possess the kinds of familiar smells from around the house that no man (or woman) would turn their nose up at. Hart’s current candles includes scents like dirt, fresh cut grass, sawdust, campfire, pizza, and coffee, bacon, Grandpa’s Pipe, and more. Each comes individually packed in a gift box. Today, ManCans candles are in over 60 stores across the country and have sold about 9,000 units. Main looks forward to improving his business, as well as moving into other entrepreneurial ventures, “I like the fact that I have control over things and can make decisions and see what’s actually happening,” he says.

 

https://www.huffpost.com/entry/hart-main-mancans-13-year-old-entrepreneur_n_909300

1 Comment
Categories : Air Quality, Bath, Business, Candles, Charity, Creating, Great Ideas, Male Entrepreneurs, Millennial Enrepreneuers, Social Impact, Youngest Entrepreneurs

How did you Blog today

Posted by morrownx18 
· Wednesday, October 7th, 2020 
· 2 Comments

Ever notice when going to post on this blog, “Millennial Entrepreneurs” for assignments, what you log in through. Well it is WordPress, founded by Matthew Mullenweg when he was in college in 2005. Today it is used as one of leading, and most successful websites to upload and create blogs worldwide. How ironic that the cite we use to talk about all the entrepreneur’s in the world, is one created by a millennial entrepreneur.

Like most college kids, Matt was struggling keeping up with his grades. He also didn’t feel he was in the right spot, and college wasn’t his thing.  So he wanted to vent those feelings to kids in the similar situation, but noticed there was no way to connect and do that. He did however, realize the World Wide Web was on the rise and the new place to be, so why not there. He created WordPress to connect with kids who didn’t “fit in/like” college and started a blog. Little did he know it would take off and blow up how it did. Today, there are about 60 million blogs on WordPress alone, one of which is ours. He saw a way to take venting and expressing his feelings to the next level. He knew, the only way to do it before was write it down, and save it and share with friend if you were brave enough. He wondered about making it better and in real time by allowing blogging to happen at your finger tips, and be published when you want.

WordPress and millennial entrepreneur is one thing I never expected them to go together. I never saw us talking about entrepreneurs and writing about their success and what they did, on their platform. It is a small word to say the least, and very ironic that it comes together how it does.

 

2 Comments
Categories : Great Ideas, Millennial Enrepreneuers, Technology
Tags : , ,

Stung By Success

Posted by vantilma17 
· Sunday, September 13th, 2020 
· No Comments

Me & the Bees Lemonade

No one likes being stung by a bee – all you are left with is a painful red bump on your arm. Mikaila Ulmer’s bee sting left her with the inspiration to start a business. She came up with the idea to sell lemonade (her great grandmother’s recipe) and to donate part of the profits to help save the honeybees. At the age of 4, Ulmer entered the Action Children’s Business Fair where she pitched her idea. With help from her family, her business has grown by 500%. Ulmer now at age 15, sells her Me & the Bees Lemonade at a variety of major retailers and has even appeared on the show Shark Tank. The fact that Ulmer was 4 years old when became the founder of her own business that has grown so substantially shows her entrepreneurial gifts.

No Comments
Categories : Charity, Great Ideas, Youngest Entrepreneurs
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