Archive for Millennial Enrepreneuers – Page 36

SwiftKey

Have you ever wished that your smartphone keyboard was smarter and easier to type on? Well Jon Reynolds did and he made his own unique solution, SwiftKey, a replacement for the stock keyboard on Android phones and recently even iPhones. SwiftKey analyzes your writing style and can predict what you are going to say next before you can even type it. The keyboard also lets you slide your fingers between letters so you don’t even have to lift your finger up. As stated online, SwiftKey accurately predicts what you are going to say next a third of the time, and 80% of the time, users do not have to type in more than 2 letters before SwiftKey correctly guesses the word.

SwiftKey was created in 2008 when Reynolds witnessed a friend struggle to use his blackberry keyboard. Reynolds saw that mobile phones were the next big thing and that innovating the keyboard was an untapped market. SwiftKey was the bestselling app on google play for two years straight and is now estimated to be installed on more than 200 million devices. This past year Apple announced that soon iPhones would be able to get replacement keyboards, opening a huge market for SwiftKey. Jon Reynolds is a great entrepreneur because he found a way to solve a major problem that no one had found a perfect solution for yet. Reynolds has truly innovated the smartphone keyboard market.

Gianna Fair Trade

Gianna’s life wasn’t all smiles in the beginning like you see her now.  When she was young her parents were divorced and she ended up living in a woman’s shelter for a while.  Even though she did not know at the time, through the shelter was where she would find her passion for women’s empowerment and equality.  Gianna knew education was her way out of the poverty and studied hard so she could get out.  She worked so hard that she went to college at the age of 16 and was the first of her family to go.  After she graduated she move to San Francisco and worked in commercial insurance. However, she wasn’t doing what she loved.  She wanted to help empower women abroad and women who had similar situations to her mother.  So in 2005, Gianna Fair Trade was created.

Gianna Fair Trade is a website where people are able to buy scarves and shawls, home accents, and living room and bedroom pillows.  A lot of these items are made buy woman all over the world.  Her website tells us, “We work with severely disadvantaged artisans around the world who typically live in rural poor villages or urban slums. GIANNA provides sustainable opportunities for meaningful work and on-going support, giving artisans a means to improve their lives and achieve their dreams.”  Gianna travels to go meet with different groups around the world and if they truly have a passion to work hard and improve their lives and the lives in their communities, she discusses what their needs, fair trade, and other matters specific to their village are and then decides whether to work with them or not.  Whenever you buy an item, the woman who made the product receive between 25 percent and 58 percent of the retail prices of their products.  You are not only helping Gianna and her business, but you are helping send someone’s child to school, helping someone get food, or helping a person around the world in another way.

Although there are only a few things that are being sold, what Gianna Fair Trade does have is very stylish and cute for woman who are interested in scarves and shawls, home accents, and living room and bedroom pillows.  My sister is getting married soon so maybe I’ll have to buy her something off of there so I can not only help my sister’s sense of style, but help another woman or community around the world in need.  I found the website to be easy to navigate around and I could find anything I wanted without a problem.  Definitely check it out and have your mother’s and grandmother’s look at it too!  Thanks for reading, happy blogging!

Coinbase

Ehrsam is a 25 year old Duke graduate who worked as an asset manager and investor for Goldman Sachs before he founded his company. His company is named Coinbase, it is essentially a virtual wallet for Bitcoin. It functions the same way as Pay Pal but uses a different currency. Bitcoin for those of you who do not know, is a new form of virtual currency. It is used globally and about $1.5 Billion worth of Bitcoins are in circulation. The major problem with Bitcoin is that it is very volatile, when the new currency was introduced, it was valued at $1200, now it is down to just over $330. Ehrsam is working to help provide more security to Coinbase users by allowing the user to instantly sell the Bitcoins when they are received to avoid deflation and the varying prices. Coinbase, makes it easier for companies to make large payments more easily as well as make transactions with foreign companies and dealing with exchange rates. Coinbase is available in 19 different countries as of now and is looking to expand. Ehrsam is attempting to make Bitcoin more mainstream. He has used the same model as Pay Pal but has put his own spin on it, Coinbase

allows the user to save their Bitcoins using the vault portion of the app. The vault is set up in a way that the currency can be stored safely, as well as allowing you and your business partner, or whoever you share the account with to cosign withdrawals digitally to avoid users to make unauthorized withdrawals. There are about 37,000 business that trust and accept Bitcoin, but the problem is that there are not enough users of this new currency. I’m interested to see where this business takes Ehrsam. Coinbase has almost 2 million users so far and is the “World’s most popular Bitcoin service.” Pay Pal is very successful and Elon Musk has moved on to bigger and better things, I’m wondering if Ehrsam will do the same, and his company will keep expanding, or if Coinbase will fail because of Bitcoin’s unpopularity and constantly changing exchange value.

Miss O & Friends

Miss O & Friends is a website that is directed towards girls who are in middle school.  Miss O & Friends was started by a girl named Juliette Brindak when she was the age of 10 with the help of her mother and father.  It all started when she was on her way home from vacation and she was drawing little cartoons of girls that she called “Cool Girls”.  Her mother was a graphic designer so she thought it would be fun to take the drawings and put them on the computer for her.  On Juliette’s little sister’s birthday, her mom blew up the drawings so all of her little sister’s friends could see what they had been working on and have “Miss O-like” characters for them.  They absolutely loved them.

When Juliette was 13 years old, her sister was 8 and was going to be a middle schooler in the near future.  Juliette was aware of how stressful middle school could be and didn’t want her sister to have to deal with all of the struggles that it brought.  She wanted to come up with a place where girls could go and feel relaxed, take their mind off the drama of school, and help them through the difficult years to come.  That is when the real idea of Miss O & Friends came into play.  Since her mom was a graphic designer and her father knew a little bit about business, Miss O & Friends was launched in April 2005.

Now you might be asking, “What is Miss O & Friends even about”?  Well, it is a place where young girls can play games, take quizzes, and participate in different online contests.  You are also able to see what is trending in the world and listen to the music that is popular today.  Overall, it’s a great place for middle school girls to keep their mind off of what is going on in school.

After exploring the website for a little while and looking around, I am a little jealous and wish I knew about this when I was younger.  Miss O & Friends has a lot of very cool things to do for young girls and it is creative.  It would have been a great place to go and explore when I was having trouble in my middle school years.  If you have a younger sister, I would totally recommend you tell her about Miss O & friends because there are a lot of cool things for her to do on here.  Happy Blogging!

The Legend of Blake Ross

His History
This man, this entrepreneur, has impacted each of the people reading this post whether they know it or not. I am speaking of Blake Ross, the co-creator of Mozilla. When Ross was very young, ten years old to be specific, he created his first website. At fifteen he left his sunny home in Miami Florida and moved to California to take an internship at Netscape, which may have been a bad idea since the company was getting the tar beat out of it by Microsoft’s internet explorer. Regardless of the planning this proved to be a very fortunate move for the young Ross. While at Netscape Ross consorted with Joe Hewitt and decided to create a new animal in the realm of internet browsers, this new predator’s name was Firefox. Firefox lead its charge with simplicity as its vangaurd. It took all of unneeded, clunky extras which Netscape had incorporated into its system and threw them out of the window. The result was amazing, the browser loaded pages faster and in turn it was a hit.

His Company
With more than 100 million downloads in the first year this open sourced program quickly started to pull the carpet out from under the feet of Microsoft’s Internet Explorer (which at the time held a 95% market share). Then in a very aggressive advance Firefox took hold of almost a 30% market share. It launched a phenomena of browser simplicity which people craved and Google used in their Chrome. He had succeeded in his initial endeavor.

His Path
Parakey, a social page company Ross started after he left Mozilla was purchased by Facebook in 2007. Upon this acquisition Ross came to work for Facebook as their Director of Products. This arrangement lasted for a time until Ross decided to leave. Now Ross is supposedly working on a new project, one which I am personally looking forward to seeing.

Stinky Feet Gurlz?

When I first came across the name “Stinky Feet Gurlz” I was like “Yes! Something that I can put in my track shoes for when it rains and they are smelly”.  Little did I know that this company had nothing at all to do with smelly shoes or feet at all.  Stinky Feet Gurlz is a business that was created by Asya Gonzalez at the 14 that involves apparel and accessory items.  These items are fun, simple, and cute clothes and accessories is designs based off of the 1940’s.  These clothes and accessories include t-shirts and a different variety of knitted hats.

Aside from the clothing and accessories, Gonzalez reaches out to people all over the country.  She speaks to large groups of students and teachers about following their dreams with Independent Youth; a peer-to-peer mentorship program that empowers today’s teens to become tomorrow’s business leaders.  She also is actively involved in being a teen radio host that gives teens advice and talks about almost anything.

Other than running her own business at a young age, talking to people about following their dreams, and speaking on a radio show, another thing that makes Gonzalez unique is that she donates a little bit from ever sale to her charity She Is Worth It!.  This charity is about bringing people aware of child sex slavery.  She Is Worth It’s goal is to “have an educational program in EVERY school across America exposing the dangers of trafficking, warning girls that these Pimps are calling themselves “boyfriends” and what our youth and our public MUST know to alert to the issues.”  I think this is so awesome because after recently watching that video about this topic last week, it is a true motivation to see that someone so young is supporting such a great cause.

If you think any of Asya Gonzalez items are cute, I think you should definitely invest in her products!  Not only are you supporting her growing business and getting cute items, you are supporting to the cause of raising awareness about human trafficking.  Happy Blogging!

Feverish Ice Cream

SunSaluter

Energy and clean, drinkable water are two privileges that we often take for granted in the United States. Energy is a luxury in some underdeveloped nations, as it is very difficult to make traditional means of conducting energy available in remote areas. Similarly, clean water is limited and not easily accessible.  SunSaluter took both of these crucial needs and created a product that addresses both of them.

Developed by Eden Full, SunSaluter is a gravity-powered device in which solar panels follow the rotation of the sun, while filtering at least four liters of water a day. Solar-powered energy panels are heavy, expensive, hard to install, and do not harvest as much energy as possible, because they do not always face the sun. The SunSaluter rotates so that it is in sync with the sun, producing 40% more energy than traditional solar panels. Furthermore, the SunSaluter is easy to install, assemble, and maintain. While the SunSaluter is collecting energy, it is also purifying water, by having a drip mechanism attached to the end of the device. This innovative product solves two extremely important issues and is so simple that even a child can operate it. So far, there have been two successful projects in Kenya, and the product will soon be used in Peru and India as well.

Eden Full is a senior in Mechanical Engineering at Princeton. Starting from a young age, she was interested in engineering and solar energy. At ten years old, Full noticed that her solar panels were not getting maximum exposure to the sun. She began to work with ideas on how to rotate the panels, and at 19, Full had developed the SunSaluter. Instead of pursuing engineering for her own pleasure, or to earn a high income, Full focuses her attention on helping other people, saying: “I don’t just want to tinker because it’s fun for me. I want it to have an impact on someone else.” Eden was able to make a difference when she was young, by applying a great invention with a great need. As young entrepreneurs, we can follow her example of identifying a problem and creating a simple and innovative way to address it.

A New Way of Thinking

As a freshman at Babson College, John Goscha, an Economics and Entrepreneurship major, would hang sheets of white paper on his dorm room walls to sketch out his product ideas. The hassle of continuously hanging and taking down sheets of white paper became too much, and one of Goscha’s friends had the thought “Wouldn’t it be great if we could just paint the walls and write on them?” This got Goscha thinking about solving this problem and he would spend hours of his free time at the Babson chemistry labs trying to create a paint that acted like a dry erase board. He enlisted the help of two other teams to help him reach his objective, but with a year of research and hard work, they were unable to find the proper formula to create this paint. They thought it was impossible, when suddenly a lab from Michigan told Goscha some great news, they figured it out. With the proper formula Goscha was finally able to pursue his dream. At the young age of 25, Goscha had a potentially profitable product.

           After graduation, Goscha asked two of his closer friends, Jeff Avallon and Morgan Newman to join him in shaping his company. They were young, and inexperienced, but with the hardest process out of the way they could start building their product and company. In order to have a company, you need to have a name. That was the birth of IdeaPaint. Goscha and his team had created a clear paint that allowed buyers to change any smooth surface into dry erase board. The release of IdeaPaint was at a 2008 NeoCon Trade Fair. At NeoCon they won two awards in the “innovation” and “wall covering” categories. After they had released their product, they realized that they had opened a new door of creativity. People were no longer confined to small spaces to write and could express their ideas with almost no limitation, it was as if there was a new way of thinking. IdeaPaint has mainly focused on selling their product to colleges, businesses that requires group thinking, and some schools. Some well-known companies that use IdeaPaint are Apple, Google, and NASA. IdeaPaint is starting to advance into more office spaces and they hope to one day be found in many people’s homes.

Being a young entrepreneur myself I found these three men to be extremely inspiring. Goscha was a man who had almost all odds against him, but being driven by motivation he introduced a new way of thinking. He wanted people to be able to plan, write, and express their ideas in a simpler way. This idea of a paint that acts like a dry erase board was a complicated process, yet he was the one who thought that it could be a successful product and decided to take initiative. Due to the high cost of the products in the paint, IdeaPaint is mostly in larger companies. Maybe one day the cost will become affordable for the middle-class family and children will be able to draw on the walls with no fear of being yelled at by their parents.

Attached is a link to a video explaining a little bit more about IdeaPaint.  http://youtu.be/lo2HFA6T20U

The Drinkable Book

There are so many problems in the world that often seem insurmountable. War, poverty, orphan care and world hunger, just to name a few. One such problem that has often discouraged people with its magnitude is the lack of clean water for all people.

What I really appreciate about Theresa Dankovich is that instead of just throwing more money at solutions that work somewhat, but may not be the best, she dedicated her time to coming up with something truly revolutionary. Enter; the Drinkable Book.

Utilizing paper coated in silver nano-particles Theresa created a book comprised of filtering pages. Each page acts as a “scientific coffee filter” purifying out 99% of the bacteria resulting in water as pure as the tap water in our own country. Each book costs only pennies to produce, each filter lasts for 30 days and one book is capable of providing clean water for four years. This innovation is going to revolutionize the water purifying process, being by far the cheapest option out there.

But one of the most unique aspects of the “Drinkable Book” is that on each page/filter is printed information about how to keep one’s water clean. Knowledge that many of us take for granted, such as keeping trash and feces away from your water source.

To see the Drinkable Book in action, watch the short video below. It is truly incredible.

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