Archive for Millennial Enrepreneuers – Page 2

Matt Mullenweg: Creating Words

A software that hundreds of Grove City College students use everyday, and I am using right now, is WordPress. Matt Mullenweg, at just 19 years old, created the widely used blogging site that is used by thousands of people everyday, and takes no experience to build a blog or a website. Mullenweg was getting tired of popular blog websites not being updated, and was not ready to let go of his passion for blogging.

One thing that is extremely inspiring about Matt is that he did not let his desire for a dying art stop just because his resources were limited. Instead, he took the problem by its horns and was able to create a company that he was passionate about, but that would also solve problems for others. With the creation of WordPress, people can learn how to start their own website, as well as join blog forums to discuss their passions.

One takeaway from Mullenweg’s creation of WordPress is never stop chasing something you are passionate about, even if no one else is interested. This niche market that Matt got himself involved in is now a thriving hub for businesses, school, non-profit organizations, and hobbyists. If everyone chased their passions and got involved in their own niche marketplaces, the whole world would thrive with creativity.

Kenan Pala- Founder of Kids4Community

Kenan Pala, a fifteen-year-old kid who simply always wanted to help out. Pala was from San Diego, and during his time there, he would spend a lot of time volunteering at soup kitchens, and beach cleanups. Through this time when Pala would help, he would also have the struggle of getting to support these causes due to the fact that these nonprofit organizations were not allowing the kids under the age of 18 to volunteer. After Pala had said this, he was convinced that he could start something that would allow any kid who wanted to volunteer could volunteer. In 2017, Pala founded the nonprofit organization Kids4Community. He said this about his foundation, “All our events are open to anybody of any age,” and “If you have the passion, you can come.” This was unbelievable for a kid like Pala to identify a problem of wanting to help, but due to age restriction he couldn’t always do it. Through this, he innovated in so many ways to create this nonprofit organization to just give back to his community. Also, Pala has raised $1 million so that he can help the local homelessness causes. He did all this while taking kids to help with 5k runs, dinner services, and backpack drives. For Pala this is quite impressive, while he is preforming these events, he is raising a ton of money when doing it. Although, he is getting to the age where college is becoming a decision, and when he enrolls, he hopes to help one last kid, and this is his ten-year-old brother Arden. Kenan Pala, being the inspiration he is, when he goes to college, he would like to hand this organization off to his brother, who is very interested in volunteering, this will leave his brother in the same shoes when Pala started the nonprofit.

Meet 16 Teen Founders Who Are Building Big Businesses — and Making Big Money | Entrepreneur

Kenan Pala’s Organization Website: Kids4Community: A nonprofit organization run by kids for kids San Diego

 

Ryan Lecchi: The Medical Engineer

This week I wanted to look for someone who has innovated the medical community so when I found Type Strong, I knew I needed to write about it. It’s founder Ryan Lecchi was diagnosed with Type 1 diabetes his senior year of college in 2019. Ryan was very active in college and kept running into the issue of his CGM sensors getting knocked off while playing. The monitors are very expensive, and Ryan started using some other adhesive patches with some flaws and he thought he could design better ones. This is where he put his Mechanical Engineering knowledge to work. Eventually he was able to come up with a system to make the patches and soon after he released them to the public. Type Strong makes adhesive patches that go over most diabetes devices including the Freestyle Libre, Medtronic Guardian, Dexcom, Omnipod and Insulin Pump Sites. Ryan mentioned he had no idea what to do when it came to the business side of things. What helped him out was that he was very passionate about product design and functionality and on the outside, he seemed to know everything when it came to the business side. He was able to obtain the Covid-19 stimulus payment to start things off as well as support from his universities I2N an Entrepreneurship101 online program.

Early and Current Success:

At first it was slow going in terms of sales, selling only a couple of packs of patches per week. Now Type Strong has a huge online market in Australia and as of recently Type Strong can ship to most other countries. Type Strong is also stocked in other online retailers such as Diabetes NSW & ACT and many pharmacies across Australia. Type Strong was named as a top 4 Finalist in the Small Business category of the 7NEWS Young Achiever Awards NSW ACT in 2022. Type Strong as grown a lot since then and recently have gone into the business of selling pouches to hold insulin pens and needles.

Concluding Thoughts:

Type Strong is a perfect example of seeing a pain/need and innovating off of that which is very inspirational. I hope that this article can show that nothing is always easy, but nothing is impossible.

Scrub Daddy Business

Scrub Daddy is a company that has revolutionized the cleaning industry with its innovative products, particularly the Scrub Daddy sponge. Founded by Aaron Krause, the brand became widely recognized after appearing on the popular TV show “Shark Tank” in 2012. Krause’s pitch was memorable not only for the product’s unique features but also for the enthusiastic support it received from the Sharks, especially Lori Greiner, who saw its potential and invested $200,000 for a 20% stake in the company.

The Scrub Daddy sponge stands out due to its unique material, which changes texture based on water temperature. In cold water, it becomes firm, making it ideal for tough scrubbing jobs. In warm water, it softens, allowing for gentle cleaning. The smiley face design is not just cute but functional, as the eyes can be used to clean utensils, and the mouth can clean both sides of a spoon simultaneously. This combination of functionality and design has made Scrub Daddy a household favorite.

Since its Shark Tank debut, Scrub Daddy has expanded its product line to include a variety of cleaning tools, such as Scrub Mommy, Eraser Daddy, and Scour Daddy. The company’s success story is a testament to the power of innovation and the impact of a well-executed pitch on a platform like Shark Tank. Aaron Krause’s journey from a small business owner to the head of a multi-million-dollar company is truly inspiring and highlights the importance of perseverance, creativity, and seizing opportunities when they arise.

https://scrubdaddy.com/

Reagan Thomas

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

Cory Nieves: Founder and CEO of Mr. Cory’s Cookies

Cory Nieves at six-year-old had a one-of-a-kind mind and had a plan to sell hot chocolate to his neighborhood in Englewood, NJ. He wanted to do this to save up money to buy his mother a car. Nieves at six said he was tired of taking the bus, so he really wanted to help his mom. He started selling the hot chocolate for one dollar a cup! After a while, Nieves innovated and thought more into other ideas like baking cookies. He and his mother baked for months before he found the recipe he knew he could run with. The recipe was a hit, and Nieves said, “That’s when we knew we had a business — when people started taking our cookies seriously”. This is so incredible for a kid who is so young being able to go from his original idea to changing it and innovating to another successful idea. His mom and him would take these cookies to local races and festivals which then Nieves would pitch “Life’s too short to not eat a cookie!” This is so smart, and his mom was definitely a huge part in his idea because he wanted to help her as much as possible but also, she still helped him with a lot too, so it was a great idea. Nieves’s business just took off and continued to grow, and in 2015 he got invited to The Ellen DeGeneres Show! After the show, orders were overflowing. This caused a supply and demand problem, but again he innovated and got an appearance on CNBC’s The Profit, Mr. Cory’s Cookies earned $100,000 cash infusion.  Then, a site was launched for the business, and they started to ship across the country. Now, the company offers 14 different flavors and Nieves himself still has more plans to expand. This story is so inspiring, at a young age being able to take an original idea that most likely wouldn’t take off and going off of that coming up with another idea that absolutely took off is incredible. Cory Nieves is truly a one-of-a-kind entrepreneur, and no one can take that from him and his mother who really helped make this all work.

Meet 16 Teen Founders Who Are Building Big Businesses — and Making Big Money | Entrepreneur

Burger King to Freelance Queen: Alexandria Sims and the Intersection of Personal Vision and Professional Venture

Alexandria Sims set out on the journey of her career path as the incarnation of the college student’s worse fear: the picture every student paints in their mind of the life post-college they must succumb to, should they drown under the demands of a courseload which threatens to send their GPA—and future—into an irreparable nosedive. Sims had successfully completed her education at Rutgers State University of New Jersey…only to work at the local Burger King making only $9.50 per hour and consequently facing homelessness and bankruptcy.

 

After a long, dreary season of slogging through every workday in dreary acceptance of her fate, she took up a freelance writing gig on a site now called Upwork—and the tides turned in her favor. Snatching up every opportunity she could, she began freewriting around her day job, raking in hundreds of dollars every contract she filled. Along with this, she built connections with her clients and began spinning a web of networking that would continue to aid her in the future. “Get to know the right people and you can gain all the connections you want,” Sims advocates. “I met one guy who introduced me to 4 business owners who introduced me to connections of theirs who needed a copywriter and over the years I grew a strong client base.”

 

This dedication to her craft and growing clientele morphed her career as a reluctant sandwich sculptor at the ‘King into a self-created, self-driven content creator and copywriter of ADS Copywriting, her professional branding spun from her initials as a reflection of this individuality. While ADS is a relatively simple business pursuit, the guiding principles that have driven Sims to success are anything but, and are highly applicable to any business venture.

 

Needless to say of any business decision, Sims’ success in copywriting did not come without a challenge. Notably, however, much of this challenge was constructed of an intrinsic, personal struggle rather than an external obstacle. “I didn’t anticipate how good I’d actually do and I got overwhelmed. I wasn’t confident and caved under failure,” Sims admits. But Sims grew from this, “becoming a new person, literally”, giving the writing scene a second try through manifestation and reflective self-development with the help of a client who was coach in this area.

 

The practice of manifestation and trend of self-development can certainly be critiqued by the Christian eye as attempts to self-correct one’s course in life that are ultimately tainted by human err and misguided wisdom. Nonetheless, Sims’ advice can serve as a reminder that external change often begins with an internal change in one’s heart posture, and that God can use obstacles in the course of one’s life to point to the internal footholds which are preventing them from relying on and drawing nearer to Him.

 

Sims’ plans for her future likewise point towards a more holistic view towards pivotal undercurrents of the young entrepreneur’s life, towards higher education in particular. Sims explains, “I recently enrolled in an online certificate program for Inspired Leadership offered by Case Western University. I have an undergraduate degree from Rutgers, the State University of New Jersey, but I wasn’t happy with the educational aspect of my college career. I wanted to have some type of certification that I’m passionate about.”

 

All too often, college shifts between feeling like an exhilarating rollercoaster on an adrenaline high from pushing limits and engaging with others, everything draped in a haze of opportunity and excitement…and a four-year-long, self-induced prison sentence served for the mere prize of a slip of paper certifying one to do more work (yay!). But the intersection of Sims’ personal journey with her professional path demonstrates an attitude of patience, vision, and determination towards the meaning and purpose of career and education that is crucial to lock in on when one loses sight of the attitude God calls one to have in their every pursuit, in business and beyond.

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.

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.

Gabi Lewis and Greg Sewitz – The “Cereal” Entrepreneurs

 

Gabi Lewis (left) and Greg Sewitz, cofounders of Exo, the cricket-protein-bar company they sold last... [+] year, are launching Magic Spoon, which offers monthly subscriptions for high protein, low carb cereal that riffs on childhood classics.

At the ripe age of 28, Gabi Lewis and Greg Sewitz decided to come up with a cereal brand that was both healthy for you and provided feelings reminiscent of those childhood cereals that we used to love and enjoy.

As children, they ate sugary cereals all the time to nourish them and start their day off right. The thing is, they realized as they got older that the sugary cereals they had been consuming all this time were not actually nourishing and didn’t have a great impact on the human body. Thus, they set out to discover a way to fix this problem and create a cereal that reminds them of their childhood while also being high in protein and offering other benefits along the way, such as being keto-friendly, grain-free, gluten-friendly, and low-carb.

They came up with Magic Spoon through hard work and dedication, putting in over a year’s worth of research and experimentation, trying hundreds of different combinations along the way, trying to overcome the obstacle of creating a high-protein cereal without grains. They also smartly decided to stay away from sugar and instead resorted to stevia, monk fruit, and allulose – three natural sweeteners.

They are an inspirational pair because they decided to try and break into a market where the big names were already well-established by innovating and creating something that the market really didn’t have by focusing on nostalgia and health. Today they are known for leading the pack of young cereal-related startups and they have over 750,000 5-star reviews on their website.

One thing that they wanted to share with the world of entrepreneurs is that you shouldn’t spend years trying to perfect your product until it’s 100% ready to put out on store shelves. Get it to maybe 95% of the way and get it into the market! Then you can see how it does, get lots of feedback, and learn how to continuously improve it and push it into broader markets.