Archive for Millennial Enrepreneuers – Page 25

Anshul Samar – Elementeo

Samar was only 14 years old and the CEO of Elementeo, which he created himself. Combining his passions for games and chemistry, Samar created this board-based game with the intention of educating its players in the field of chemistry. Each card in the game represents either a field or principle of chemistry or a specific element with its relevant characteristics. Since its first inception, Samar has received a number of grants to work on his project and sold a number of the finish products. He since worked to branch out, increasing the versatility of the game and adjusting it to make it more relevant to different age groups.

The two aspects of Anshul’s venture which are both vital in aiding effective entrepreneurship are these: he started from a subject he enjoyed and brought together two seemingly unrelated fields because they were both passions of his he also worked with an intention of helping others which is often a great motivation for finding problems which truly have marketable solutions and serving as motivation to complete a venture.

Here is a link to an interview with the young entrepreneur concerning his venture:

Interview with Anshul Samar on Elementeo’s launch, and being a teenage CEO

 

Manly Man Candles

As a young, 14-year-old entrepreneur, Hart Main saw a need for more manly-smelling candles for manly men so he capitalized on it. Instead of the typically fresh laundry, flowery smelling candles, Hart created “ManCans”, candles made for men that are “more likely to smell like a fresh new baseball glove”.

Hart’s idea started as a joke when he was teasing his sisters’ “girly scented” candles that she was selling for a school fundraiser. His mom then suggested that he make a more masculine scented candle to solve this problem. With Hart’s $100 and his parents $200 investment his business took off from there.

“ManCans offers eight scents so far: New York Style Pizza, Grandpas Pipe, Sawdust, Campfire, New Mitt, Fresh Cut Grass, Coffee and, of course, Bacon.”

Not only has Hart’s business flourished economically in the for-profit industry, but he has also donated his time and money to various charities. The candles are made of empty soup cans that have been purchased by his family and the soup is donated to a local soup kitchen. Hart’s mom makes the candles in their kitchen with supplies from Ohio, but they are looking to rent out a space because their kitchen has become overwhelmed with candle products.

Hart presents himself as a very professional business man for only being 14 years old. He cares about his company and the way things are run. He had a simple idea to a problem that he was passionate about it and he created a very successful business out of it. ManCans are now sold in stores across the country and Hart is gaining a decent profit from it.

Let Hart Main be an example to us all that age is just a number and that you can do or change anything you are passionate about.

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Hart Main and his “ManCans”.

 

 

 

https://www.huffingtonpost.com/2011/05/10/hart-main-mancans-13-year-old-entrepreneur_n_909300.html

http://www.investopedia.com/slide-show/young-entrepreneurs/

Willow Tufano: Entrepreneurial Foresight

Willow Tufano is a fourteen year old girl living in Florida with her mother who works in real estate. When the recession hit a few years ago, Florida was hit very hard and houses that were initial being sold at $100,000 were now being sold for only $12,000. Because of the low price of homes, Willow got the idea to purchase a house of her own! She had saved up some money by clearing houses and selling the included possessions online. When her mother found out that she wanted to buy a house at 14, unlike most parents, she was in full support (also in support of the rest of the needed funds). Knowing that the housing market would pick up in the future, Willow and her mother rented out the purchased house and charged $700 a month. They have already earned back their initial investment on the house and have even made a profit. In the future, Willow plans to buy her mother out and own the house alone. When the housing market picks up in the future, Willow is likely to see an amazing increase in her already impressive amount of profits.

The Grove

https://grovegrown.com/

While college dorms do not permit pets, plants get the OK. Jamie Byron took advantage of this allowance during his senior year at MIT. Although his roommate, Gabe Blanchet, was skeptical, Byron pieced together an indoor garden. Later that winter, Blanchet decided it was not such a bad idea as they sat in their dorm eating fresh grown salad. That is when the two decided to team up and make this type of indoor garden available to everyone.

The product is called the Grove, and it is a bookshelf style indoor garden, capable of hosting anything from herbs to tomato plants. Mail subscriptions are available for seed and plant renewals, and their website offers how-to videos for those who have not yet acquired their green thumb. They also offer an app that assists you in growing and caring for your garden.

Quite possibly the most interesting part of this invention is the integration of a fish tank. The addition of the aquarium takes this product from a garden to what is called an aquaponic system. The waste from the fish is cycled through the plants, and in turn, the filtered water from the plants goes back into the tank.

Byron and Blanchet’s goal through this business is to provide a garden system to those who would not normally have access to one. They have a passion for promoting healthy eating and that is apparent at the core of this product.

What I appreciate and Byron and Blanchet’s venture is the sheer cleverness of it all. The aquaponic nature of the invention is incredible. It is also great to see inventions of new ways to have access healthy food. The app and website integration is well done and is an attractive part of their business model. I admire Byron and Blanchet’s creativity and passion for their product and its cause.

The Men Behind the Pin

Ben Silbermann and Evan Sharp are the two masterminds behind Pinterest. They wanted a way for people to be able to show collections of things they were interested in in some sort of interactive way. Pinterest is a form of social media where people can search pictures, craft ideas, cooking ideas, beauty trends, and much more. The unique thing about Pinterest, though, is that posts, called “pins,” can be saved and organized in different boards. When someone finds something they want to keep, they can save it to an existing board or create a new board. Boards are just like folders and are unique to the creator. They have a name and hold all of the pins the user puts in to them. Then, if they are looking for a new hair style, they can go to their “hair” board, find the pin they want, and show it to their hairstylist to try to recreate on them. Pinterest is useful because pins can be saved and the user can look at them months later. All the time we find tricks and pictures online that we perceive as interesting and want to save, but a few weeks, even days, later, we forget what it was or where we found it. Pinterest takes the struggle of losing the ideas away because the pins are organized and easy to go back to months later. It also allows users to connect with friends and family. If the boards are public, users can become friends on Pinterest and then look through one another’s boards to see if there’s anything in them they may want to save on their own board. People like Pinterest because it is a way for them to escape. They search things that make them happy and save the pins to look at later. They can fantasize about DIY projects they want to do and new makeup trends they want to try. It is a way for people to connect with one another and see what others are interested in. There is no slander or harassment capability, it is just there to relax, have fun, and see what makes those around us happy. These men created a new, fun way to share interesting ideas and tricks all in one place.

Pura Vida: More Than Just a Bracelet

More than just a bracelet, Pura Vida does an amazing job of creating meaning. Based out of San Diego, this amazing charity/ business run by a pair of college friends finds a way to make beautiful bracelets, support charities, and also support Puerto Rico natives Jorge and Joaquin.

In 2010, San Diego locals Griffin and Paul made a post-graduation trip to Puerto Rico. After meeting Jorge and Joaquin, Paul and Griffin decided to by a load of bracelets from them and take them back to California. They decided to make them available for sale in a local boutique. Once they saw how quickly they sold out, they decided to take advantage of the newly discovered market.

They quickly started a business/charity and began selling thousands of bracelets worldwide. Developing the lines to make each design attributed to specific causes, the founders of the business began to give Pura Vida meaning and a name, Pura Vida simply meaning Pure Life in spanish. Once their name was well know, the company expanded to more than simply bracelets. Today the Pura Vida line is a world renowned company carrying all sorts of jewelry and the community it caters to is like no other. Based out of San Diego, the company works in Puerto Rico to support the locals there, while also donating to support an array of causes such as depression awareness.

Natalie Webb: A True GCC Entrepreneur

Last May, Natalie Webb graduated from Grove City College with a degree in entrepreneurship. After she graduated, she began working on launching her own business and app, which she designed for her elevator pitch her senior year. Her business model was born out of a problem which she had experienced in her grade school days, and she knew many other people experienced as well.

          As a homeschooler, Natalie and her family had to buy all of their books themselves, and as there was no curated or organized way to buy used book, they usually ended up buying these books new from publishers, which got very expensive. However, Natalie noticed that after he finished with a book, it just stayed on her bookshelf until it either was given away to a family friend or sold at a significantly reduced price at a yard sale. Natalie considered how wasteful this was, both on the buying end and the reselling end because there was no organized platform for homeschoolers to interact with each other in this manner. Out of this pain came her idea of Hoot Book Revival, which is an app and website on which homeschoolers can resell their books and buy used books from other homeschooling families at a reduced cost. This benefits both the buyer and the seller, because people looking to buy books can get them much cheaper than they can new books, and people looking to sell books can sell them for more than they could at a yard sale.

Since her graduation last May, Natalie has been working to get this web platform active. She hired a company to design her website and has gotten guest writers to post on her blog. She has spent the last few months spreading the word about her company to homeschooling families and educators and talking to different publishers and co-ops about her business. While the cite is currently active, it is pretty light on content, so Natalie is focusing her attention on adding content and marketing for her business to possible clients.

          When I asked Natalie about how this business came about and what need it was filling, she said, “I suppose the core of the business idea was identifying an underrepresented group, and how their market needs weren’t being addressed, because the business pitch itself is pretty simple.” Natalie’s website allows the customer to buy and sell books, as well as collaborate with other homeschoolers on which lesson plans and books are best. Hoot Book Revival also has an option where people can post their books and let Hoot do all the work in finding people to sell them to, making the customer experience more enjoyable and less labor intensive.

Ultimately, Natalie’s business is incredibly innovative not because she came up with the idea of reselling books, but rather because she found a niche market and is catering to them in a new, technologically advanced way, and allowing them to simply post their books and have her company do the rest of the work for them. It is pretty neat to see such awesome innovation coming out of our own Grove City College.

Tumblr: Made by a Millennial, for Millennials.

David Karp, at age 27, created Tumblr. This site is famous among youth who use the blogging platform daily. The site is normally used for sharing art and images, but it also acts well for short form blogging and sharing ideas. Many artists have gotten their start from using Karp’s technology in graphic design, modeling, poetry, or even music. Tumblr appeals to many millennials who feel outside of the mainstream. Tumblr’s focus is on aesthetics, fan groups, and art collaboration. In 2007, when others his age were studying for midterms and living on dorm food, David Karp was busy launching Tumblr, an easy-to-use blogging platform that now hosts 17.5 million blogs and receives about 1.5 billion page views per week. The company has also attracted some $40 million in venture funding (inc.com). Tumblr has been used to change many people’s lives, and is a perfect illustration of right brain thinking that has made monumental success.

Mo’s Bows: Youngest Entrepreneur on Shark Tank

Moziah Bridges: Mo’s Bows

Image result for mo's bows
“I’m living proof that you can be anything you want – at any age”, said Moziah Bridges, the youngest entrepreneur to ever appear on “Shark Tank” and the President and Creative Director of Mo’s Bows. 

Moziah Bridges was just 13 years old when he appeared on the well known TV show, “Shark Tank” and became the youngest entrepreneur to do so. Moziah created this company in his grandmother’s kitchen table located in South Memphis, when he came to the conclusion that there just weren’t enough bow ties in the world to match is outgoing personality and style. He was dissatisfied with the lack of the selection of bow ties for kids his age. To solve this problem, he decided to make his own handmade bow ties, and thus started the internationally recognized Mo’s Bows company.

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Mo’s Bows mission is to make you look and feel your best while catering to the sometimes conservative, fun-loving lady or gentleman.” Moziah has truly lived up to the mission of his company. Not only is he an inspiration for aspiring young entrepreneurs, but he is also a living example of what a dream and some hard work can get you. In three years Moziah created a $150,000 business that has quite the following and he is not done yet. Moziah has “donated $1,600 to send 10 children from his hometown of Memphis to Glenview Summer Camp”. He hopes to go to college for fashion and start a full clothing line by the time he is 20.

 

If this kid can do it all while still getting to bed at 8:30 every night, why shouldn’t we? Let Moziah’s creativity and drive inspire you to follow your entrepreneurial dreams.

 

 

https://www.cnbc.com/2015/07/27/8-young-entrepreneurs-making-serious.html?slide=5

https://mosbowsmemphis.com/pages/store-categories

https://www.inc.com/larry-kim/this-12-year-old-ceo-runs-a-150k-business.html

 

The Success of Tipsy Elves

 

 

 

In 2011, Tipsy Elves was founded by Evan Mendelsohn and Nick Morton. It started as a seasonal business for goofy and ugly Christmas Sweaters. In the first year of business they had $370,000 in website sales and the next year proceeded to reach almost $1 million in sales. With a booming business and bright plans for the future the two young founders took their idea to Shark Tank in 2013 where they received an investment from Robert Herjavec for 10% of their company. It has since become the most profitable investment that Robert has made in his history on Shark Tank. In 2014, their revenue was close to $12 million. The success of this funky company is mostly on their Christmas season sales of the ugly Christmas sweaters, however they have also introduced Halloween wear, beach wear, and ski wear.

A strange idea for a business turned into a multi-million dollar one because Evan and Nick found a demand for ugly Christmas sweaters that no one else saw. If they can stay focused on the Christmas sweaters and not overt a lot of energy on the other less important products they feature, they will continue to grow until Tipsy Elves is at every Christmas party in the world.

 

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