Archive for Millennial Enrepreneuers – Page 12

Catherine Cook

Catherine Cook is the Founder of MyYearBook.com which focused on putting high school year books online instead of having hard copies. She founded the company with her brother Dave Cook when she was 15, and with the help of her eldest brother Geoff Cook as the main investor, they were able to launch.

Catherine’s reasoning for creating the website was that she had just moved to Skillman NJ and started school with no friends. She looked through the year books to see if there was anyone that she knew and then had the thought why not put all this information online for easy access to all. After asking the help of her brother Geoff and Dave, she was able to put the website together and it was an instant success

Cites:

https://www.lifehack.org/588440/16-young-and-successful-entrepreneurs-who-prove-that-age-is-nothing-but-a-number

https://www.inc.com/magazine/201205/liz-welch/catherine-cook-and-geoff-cook-myyearbook.html

Lin Manuel Miranda and the Business of a Broadway Show

Lin Manuel Miranda was born of Puerto Rican decent in New York City in the early eighties and was raised in the predominantly Hispanic neighborhood of Washington Heights. After completion of high school, Miranda attended Wesleyan University in Connecticut. It was here that he would get his beginnings as a playwright. He wrote and performed the first draft of his first successful stage musical, In The Heights, during his sophomore year in college (1999). The musical is a fictional story, based on Miranda’s childhood neighborhood (Washington Heights). After graduation, he met director Thomas Kail and the two of them revised the show, leading to a successful off-Broadway run and eventually opening on Broadway itself, casting himself as the main character. The musical was a hit, receiving 13 Tony Award nominations, four of which they won, including Best musical and Best Original Score.

After brief stints on television shows and various other song writing projects, Miranda struck what is now considered theatrical gold, his most well known work, Hamilton: An American Musical. This show took him over half a decade to write and revise and stage, but it was well worth it in the end. The show premiered off-Broadway in the Public theater in January of 2015, again with himself cast as the leading role. It’s since opened on Broadway in the Richard-Rodgers theater (the same theater In The Heights showed in). Miranda hosted daily performances outside the theater entitled Ham4Ham in which attenders would have the opportunity to enter a ticket lottery for a chance to see the show in the first row. In addition to having an incredible show, it was engagement with his audiences, both formal and general, that made Miranda so successful. The show still runs full time in New York City as well as Chicago, London, and San Francisco, and it also has two national tours. With each of these performances, Miranda receives a 3% royalty fee which, as you would expect, has lined his pockets quite nicely. He’s used this platform for political activism, especially calling for faster and increased aid to his hurricane-devastated homeland of Puerto Rico. The cast of Hamilton frequently raised money for various causes after shows (a practice they still continue today). These actions and interactions with the media, other celebrities, and even the common american, has helped build show brand that is not only incredibly profitable, but is beloved by the world.

Since leaving his Hamilton project behind, Miranda has starred in the Disney movie “Mary Poppins Returns” as well as writing the music for “Moana,” the upcoming live action “Little-Mermaid” remake, and even the new Star Wars trilogy. He continues to add value and personality to every project he touches, which in turn continues to make him as successful as he’s been.

The Building Blocks of A Better Future: The Tegu Story

Chris Haughey and Will Haughey were born on the other side of the world in the island country of New Zealand. When they were both still very young, their family moved to the Saint Louis, Missouri. Growing up in the United States, the Haughey parents put great emphasis on international mission trips to impoverished nations. Many of these trips included every member of the family together. It is likely at this time that the brothers began to develop a heart for the impoverished peoples of the third world. Upon receiving a degree from Stanford University, Chris Haughey joined the Boston Consulting Group which allowed him to travel extensively through Central and South America. On a business trip to Honduras, Chris was able to reconnect with missionaries he knew from previous trips. Honduras is one of the poorest countries in Central America with one of the highest murder rates in the region. According to World Fact Book, over half of the population lives in poverty, creating a serious problem. Through his interactions with them and his immersion in the Honduran culture and people, Chris decided that he needed to be a part of solution in Honduras.

After a year of extensive market research, Chris left his position at the Boston Consulting Group to found Tegu, a magnetic block company made of Honduran wood, in 2007. Tegu gets its name from the capitol of Honduras, Tegucigalpa, which is also the city in which the toys are made. The company employs two hundred Hondurans, and provides for over three hundred more that rely on their income. Chris’ brother, Will, after a brief but successful career in investment banking, came on full time with Tegu. Together, the two brothers now run the company and every day strive to have a tangible impact in one of the poorest corners of the world.

Are there cheaper ways to make toys? Yes there are. Could these brothers be making more money elsewhere? Absolutely. But is Tegu making a tangible difference? Yes it is. And that’s enough for the Haugheys. To see them utilize their God-given business capability and know how, not to line their own pockets, but to instead develop the economy of one of the poorest nations in the world is an inspiring story indeed. Their story is a testament to the fact that there’s more to business than money. To the Haugheys? Ultimately its about people.

#chalamania

Just as Leonardo Dicaprio changed the way Generation X viewed the film industry, Timothee Chalamet has now become the spokesperson for millenials in the world of Hollywood. The 23-year-old French American actor has branded himself as hip, relaxed, and edgy—a combination that has many young millennials swooning. His breakout role was in Call me by Your Name, a coming-of-age indie film that grossed $41.9 M worldwide. He’s also had major roles in movies like Interstellar, Lady Bird, and Beautiful Boy, and shows like Law and Order, Homeland, and The King.

Over the past two years, he’s been nominated for two Golden Globes and an Academy Award for best actor. The New York Times named Chalamet one of the best actors of the year, and he appeared in the Forbes’ 30 under 30 list as one of the most influential people in the Hollywood and Entertainment category.

In addition to being a millenial forerunner on the big screen, Chalamet is also revolutionizing the runway. According to Lyst’s Year of Fashion Index, he is currently the most influential man in fashion. In the 2019 report, he was second best overall, following only Meghan Markle. You’re probably wondering: what makes this guy so special? Well, unlike many other Hollywood actors, Chalamet designs his own red-carpet looks, without the help of a stylist. His style has been described as, “[a mix] between traditional masculinity and femininity, often choosing slim, soft tailoring over traditionally bold cuts,” which is complete innovation in the fashion industry. If nothing else, Chalamet’s outfit choices have inspired young men worldwide to experiment with printed tees, white sneakers, and bomber jackets.

While not everybody can agree on the ethical affiliation of his movies, Timothee Chalamet’s innovation within Hollywood is undeniable, which is what makes him such an influential millennial entrepreneur.

YourMind

YourMind helps to create a positive work environment where the agents genuinely want to work. The goal is to help companies understand that their employees are assets, rather than liabilities, helping managers invest in their people so they can become the best version of themselves, in and outside of work.

Margot Radicati di Brozolo realized early in her adult life that many people, including herself, experience the Sunday scares when it comes to going back to work on Monday. Personally, she experienced this dread of going to work the next day in the form of anxiety. She describes her experience as getting a knot in her stomach and her breath would quicken. After speaking to others about her experience, she realized she was not alone. She imagined creating a company like YourMind but the idea of leaving her very well paying, corporate job was unthinkable.

After two years of dreaming about this idea, Margot attended an entrepreneurial event to figure out how to actually start a business. She decided to give YourMind a shot, but continued working in her corporate job for another four months until she quit to give her all to YourMind.

YourMind provides Manager Mental Health training and Mental Health Ambassador training to help people in that particular company understand their significance in their workplace. They are empowered to create a positive environment and lead by example. YourMind comes from the position, understanding that their example and leadership can make a real difference in their companies, but more importantly in their employees lives in and outside of work.

The workshops that YourMind provides goes over a range of topics such as managing stress, increasing psychological resilience, journalling for  stress management, improving work-life balance, creating a healthy workplace, mindset of success and so much more. The goal of the work shop is to empower the attendees to look after their own well being that are easily implemented into their day-to-day lives.

 

http://YourMind.co

Sofi Overton – Wise Pocket

Meet Sofi Overton, a young entrepreneur who found a wonderful new way for girls to store their phones when they are wearing leggings. Sofi started her company– Wise Pocket– when she began noticing how her older cousin had to put her phone in her socks when she was wearing leggings.

Sofi took this thought and ran with it as she designed socks that have pockets high up on the sock that prevents the phone from falling down the wearer’s legs. Not only that, but Sofi also designed leggings that had pockets big enough for an individuals phone, while keeping the wearer comfortable.

Her good business is not as impressive as her kind heart as she donates a pair of socks to homeless kids and people with every pair that is purchased. This all started because of the numerous number of people in school district alone who live without a home: 627.

Sofi’s mission to make socks and leggings for active kids like her has transformed into a business that has not stopped selling. She currently has three designs that are coming soon in her legging line and socks that are simple but fashionable.

Furthermore, she sells hats and hoodies to increase her business. Sofi has done a wonderful job starting her own business.

The Rise of Roolee

Roolee is a trendy and boutique fashion and lifestyle brand founded by Kylee Champlin. In addition to women’s clothing, her store sells kids and baby clothing, accessories, home décor, and gifts.

Champlin was a graduate of Utah State University. In 2013, after working at a local boutique for several years, she was given the opportunity to buy it. Inspired by a lack of desirable shopping options in her hometown, she decided to give it a unique flair and make it her own. Since then, Roolee has grown into brick-and-morter locations, developed an online shopping empire, and began construction on their headquarters.

Although she makes it seem like an easy task, Champlin admits that being a millennial entrepreneur hasn’t always been a cake walk. In an interview on Roolee’s blog, she admitted that in the beginning, there was nobody to answer her questions or give her guidance, so a large part of their growth came from trial and error. Champlin advises new business owners to “[not] get discouraged and remain patient. Success takes time. Hard work and talent will get you there, but you can’t do it alone, and it doesn’t happen overnight.

In addition to Champlin’s professional accomplishments, she is also passionate about women loving and empowering each other. Roolee has partnered with and donated profits to the Foundation for Women’s Cancer, as well as developed their own social media movement— “A World of Sisters.”

The way that Champlin has integrated and revolutionized millennial boutique fashion is remarkable. She is continuing to innovate and adapt, which is why Roolee is one of the most popular niche brands, and she’s one of the most influential millennial entrepreneurs.

Shawn Johnson East

Shawn Johnson East has accomplished a lifetime of achievements that include 4 Olympic medals, two New York Times best-selling books, starting a business, a career in broadcast, and winning ABC’s Dancing with the Stars.

After her gymnastics career, Shawn decided to focus on herself and her passions. She wrote 2 books, Shawn Johnson, Olympic Champion: Stories Behind the Smile and Winning Balance: What I’ve Learned So Far About Love, Faith and Living Your Dreams and became a philanthropist. In these books, she focused on her life and journey in the Olympics and how her intense training affected her personally and physically.

Her books led her to be the co-founder of The Body Department, a website dedicated to helping women accept and openly talk about self-image, health, wellness, and fitness. She realized that her entrepreneurial goal was to reach women that experienced and struggled with the same things she went through during and post Olympics.

She married her husband and NFL player, Andrew East, in 2016. Both Shawn and Andrew started a YouTube channel where they share about their everyday lives and Shawn’s Olympic journey. In 2018, Shawn launched her own fitness brand geared for women called Fyt. Fyt Life is all about positivity since she was constantly striving for perfection during her gymnastics career and got tired of it. She wanted women to have a real platform where they could feel safe and motivated. In 2019, Andrew and Shawn just launched their clothing line, The East Fam, which inspires people to use the influence they have in their daily life for good and to live an authentic life full of love, faith, and joy. They define this as FAMe, per the name of the clothing line.

Shawn has done a great job of sharing her struggles and her story with the world so her experiences can help others. Through her accomplishments and entrepreneurial journey, she was able to get to her goal of reaching women. Shawn recognized that there was a window of opportunity for her to share her story with others, and she did it very well and impacted so many women.

What the Hecht?

Jared Hecht is a millennial entrepreneur that changed the way the world communicates and made a significant impact in the startup space. In 2009, he graduated from Columbia University with a degree in Political Science. Straight out of Columbia, at the ripe age of 22, the young entrepreneur founded startup messaging platform GroupMe. A little over a year after its official launch, GroupMe was sold to Skype in 2011 for $80 million and Hecht began working for Microsoft, who later acquired Skype. In 2015, Hecht was named to the Forbes “30 under 30” list for his entrepreneurial impact.

Though extremely rewarding, it wasn’t always easy for the young entrepreneur to see the light at the end of the startup tunnel. “Some nights you are on top of the world and think you’re building the best thing ever, and then other nights you think that some horrible competitor is going to knock you off the face of the earth,” says Hecht.  However, even with the inherent risk, he confirms that developing ideas and changing the way people communicate is “the best feeling ever.”

Alongside his laundry list of impressive commercial accomplishments, Jared Hecht is vastly changing the social entrepreneurship game. Hecht is the current founder and CEO of Fundera, a start-up investment agency that provides loans and financial planning for entrepreneurial ventures. He has invested and advised successful startups such as Codeacademy, SmartThings, and TransferWise. He also currently sits on the advisory board of the Columbia University Entrepreneurship Organization and is a guest blogger for prestigious business sites like entrepreneur.com and Forbes. Jared Hecht is not only a man with good ideas, but he’s willing to take risks for ventures that he believes in, making him one of this generation’s greatest entrepreneurs.

Hannah Grace – BeYOUtiful

Hannah Grace was like many other young children who loved to run around and play with her friends. From a very young age she determined to do set her little heart upon: not may could tell her otherwise. Her father told her that she would be a CEO or entrepreneur one day as long as she used her determination and work ethic in the right way. On January 1, 2016 Hannah and her family drove to Hannah’s favorite health and beauty store. Her father then challenged her to make and sell the products she loved so much in order that she could drive her entrepreneurial spirit. Game on!

As soon as she got home, Hannah began researching how toImage result for hannah grace entrepreneur make her favorite products: bath bombs especially. Within weeks Hannah was selling her products in a local gift shop and online. Now Hannah sells her products in 8 retail outlets in two states. She is not only a good entrepreneur but a generous person. She has chosen to donate 20% of all online sales to JDRF. For her, that is over $5,000.

She calls her brand BeYOUtiful because she wants people to be themselves; this is where she believes true beauty lies. At the age of 10 she is proving that she can do it all. Nothing has stopped her yet and she believes nothing can. Best of luck to her as she continues to grow her business.