Archive for Millennial Entrepreneurs – Page 18

ModCloth: eCommerce at its best!

images (2)ModCloth is an online retailer that specializes in vintage , vintage-inspired and indie clothing, accessories and decor. ModCloth was started in Pittsburgh in 2002 by Susan Gregg-Koger and her then-boyfriend, now-husband, Eric Koger. Eric started a web development business in 2000 and used his knowledge to help Susan launch an eCommerce site for the amazing pre-worn vintage items she’d found at vintage sales. The company began in the Kogers’ college house basement at Carnegie Mellon where they employed a student part-time to help with packaging and shipping. It now has, however, 450 full-time employees across offices in San Francisco, Los Angeles and Pittsburgh. It is one of the fastest-growing fashion and home eCommerce ventures to emerge in the past decade and the company did more than $100 million in sales last year.download (2)

ModCloth is extremely popular with fashion bloggers, vintage lovers, and online shoppers in general because there are up to 50 new products a day on the ModCloth website. That fresh content is essential to making browsing the ModCloth site a daily habit. Also, ModCloth’s Be the Buyer program allows customers to vote on which designs are created and sold by ModCloth. Combine all this with ModCloth’s great customer service and it’s no wonder that in 2010, ModCloth was  named the #2 Fastest-Growing Private Company in America according to Inc. It was also named to Forbes 30 under 30 list for Technology in 2011 and for Art and Style in 2012. ModCloth also made No. 19 on the World’s 50 Most Innovative Companies as well as No. 14 on the Most Innovative Social Media Companies list by Fast Company in 2013.2-3_ModCloth

Running with Swag

Road ID Saves Life and Defines Lifestyles

Edward Wimmer’s father had always told him to make sure he had some form of ID on him whenever he went for a run. When Edward was in college, a near accident caused him to think twice about Dogged determination: Edward Wimmer (right) and his father, Mike, have seen rapid sales of Road ID.his father’s advice when an oncoming truck forced Wimmer to jump into a ditch to avoid being hit during a training run.  After graduating, Wimmer and his father, an entrepreneur, holed up in their basement, and using credit cards to back their endeavors, began producing athlete-friendly ID tags, modeled after military dog tags. The two of them called their upstart Erlanger, Kentucky based company Road ID. Now, thirteen years later, the company continues to make these athletic ID tags and will engrave them with anything the customer chooses, but still recommends including “vital statistics and inspirational mantras to help lift spirits mid-workout.” An interactive version of these tags also gives responders access to your medical information including allergies and health insurance in the case of an emergency. However safety’nuts are not the only people who have taken an interest in these ID bands. What started out as a practical way to protect athletes has now evolved into a status symbol- a fashion statement that says: “I’m an athlete.” Road IDRunners, cyclists, and many other athletes are now wearing their Road ID’s even when they are not working out. In 2011 the previously online retailer decided to broaden its horizons by using kiosks to market and sell their bands in sporting goods shops. In addition to this, the company deals heavily in social media and email advertising as well as word of mouth. When a customer buys any Road ID product, they receive a special discount code that they can use and share for 30 days to get deals on other Road ID goods. In this way Road ID makes its customers its prime salesmen.  Although Wimmer refuses to divulge the company’s current worth, he claims that the company has growth by about 50% every year since 2002 and expects that its growth will continue as more and more athletes become acquainted with their product and want the image that it provides.

Top Ched Lax

 

hcblogo1234

Founded in 2013, by our very on Grove City College students, Top Ched Lax is bringing a new lifestyle to the lax community.  Making it a point to be bold, while wearing this eye-catching clothing, Top Ched Lax guarantees this will set you apart from everyone else in the crowd.  Top Ched Lax is not just a digital application that provides only incredible clothing to wear, it also is linked to a blog that provides insight on “what’s new” in the lax world.  The website and blog are easily accessible to different web applications, that take it back to the natives of lax.  Take a minute and check out their site!!

http://topchedlax.com/index.php

Mission:

“Inspired by the sun drenched, salt stained, American born lax lifestyle, Top Ched Lax is the eye-catching clothing that will set you apart in a crowd. Our clothing may be too bold for most to pull off, but that is exactly what makes it so special for those who can. Ask yourself, do you have what it takes to be daringly different?  However, our mission is to spread the cheesy wonder of slappin’ T to all fellow laxers. We celebrate the passion of laxers to shoot upper cage all up in the goalie’s grill and set out to conquer and combat all coaches who utter the despicable phrase “high to low.” One can go low and away all day, but it takes talen

Do Your Part: The Tok Project

So, I know this person . . .

Last year I had the wonderful opportunity of being involved in Grove City College’s Children’s Theatre production of Seussical. The show was a blast, and I met some fantastic people; one of whom was Hannah List. Anyways, to get to the point, one day after the end of the school year–around graduation and May intersession–I saw Hannah sewing something as she was sitting on a bench with a friend, just outside of Beans on Broad. I asked her what she was working on and so she showed me: it was a neat, vintage, hand-made bowtie, and with that she shared a story . . .

Micah List

micahhhhhh

She told me she was making it for her brother’s business. Micah, her brother, had spent the fall semester of his junior year in Bangkok, Thailand. Near the end of his time there, Micah went out with some friends for a fun night of Karaoke at a local bar. When they arrived they found that the bar was not offering Karaoke as an entertainment option. Instead they were approached by twelve young Thai women with deadening looks of despair in their eyes. These were trafficked women, and they were selling sex. Micah was horrified, but in this moment of pain he was overcome with hope and resolution.

The Tok Project

The word “Tok” in Acholi means “Hat.” Micah’s huge idea was to take his connections and resources to make everything from hats to bowties, and sell them to raise money to help these women. The goal is to help these women get to safe houses, to remove them from the brothels. Micah hopes to also provide these women with jobs making his products. Not only would he pay them fairly, but it would provide the women a way out. A way to make money without selling themselves.

#DYP

Micah’s motto for the business is “Do your part.” He wants people to understand the problem and to contribute to a solution. For each product he sells, 25% is given to help these women. All you have to do is buy a hat, tie, or shirt. For such a new business, their website is surprisingly intuitive and slick. You really should check it out. They also have some of their products for sale on a rack at Beans on Broad. Come by sometime, you may even see Micah hanging out there–he spends a lot of time at Beans these days. Pull him aside, ask him about The Tok Project, and learn how you too can do your part.

#DYP

 

Birchbox

 

Birchbox

Ladies: have you ever had the experience of purchasing makeup only to realize later that it is the wrong shade, or doesn’t work for your skin type? This problem is compounded by the fact that makeup is very expensive and you can’t keep testing out different kinds to find one that works.

This is the problem that Hayley Barna and Katia Beauchamp are attempting to solve through their innovative new business, Birchbox. Birchbox sends a surprise box of cosmetics to subscribers each month, which allows subscribers to try out different products for a minimal cost. The price for this service is $20 per month, and all the products are donated by large cosmetics companies since by participating, they are gaining exposure for their brands.

Hunches

Barna and Beauchamp came up with the idea for this model in an interesting collision of hunches. First, they noticed that the internet commerce industry did very well in replenishing products, but had left the cosmetic market behind, partly because cosmetics require a lot of first-time purchases. Customers are hesitant to make these first-time purchases over the internet because it is more risky to buy makeup without first testing it.

The second hunch that combined to create the business was in observing how a close friend of Barna’s – a beauty editor – would help her friends by personally choosing makeup for them based on her knowledge of the different types of cosmetics. Barna and Beauchamp saw how women appreciated this service, and they decided to combine this idea with an internet business.

The Result

For twenty dollars, customers can get a box filled with surprise products that they can test out in limited sizes. The next month, the products will be completely different. The products are chosen based on specific problems that the women identify upon registering for the service. Already, Birchbox has over 400, 000 subscribers, and they have expanded to add a men’s subscription service for different products. The company also has an online store where customers can order larger quantities of products that they enjoyed in the subscription program.

Birchbox helps men and women become exposed to a variety of brands for a much smaller fee than ordering each product would cost individually. Some believe it will revolutionize the cosmetic industry. It is certainly an interesting model.

More For Less: Re:Char

Re:CHAR’s ulitmate vision is to develop, produce, and distribute a whole line of carbon-negative products that help limit CO2 outputs, and helps to feed the world’s hungry. RE:Char is being used as far away as Kenya and as close to home as right here in the United States. Jason attended and graduated from Princeton University with degrees in both Ecology and Evolutionary Biology, and from the gfarmerset go he believed global poverty and climate change were the two biggest problems faced by the world. Biocher is the product that he came up with, and has essentially killed two birds with one stone.

 

“Our vision is to use our knowledge — which combines the best of both ancient process and modern technology — to achieve a systems win: more food, more sequestered carbon and less waste. This is as important in the developing world as in the developed world. We are dedicated to both.”

 

– Jason Aramburu

The problem is this, people across the world farm to make a living but recently are feeling the challenges of climate change, food insecurity, and soil degradation. Jason Aramburu, is founder of Re:CHAR, a company that their waste into biochar. Biochar is a

bio

carbon-negative soil amendment that can improve crop tallies by 200%. Not only does Biochar improve crop yields but it also offsets CO2 emissions by 12% yearly. This has the double bonus of providing more food for farmers that need it to increase their income, and fight global climate change.

 

“We have improved the lives and yields of subsistence farmers in Kenya and organic growers in the US through biochar products.”

– Jason Aramburu,

 

$400M in Two Years

Filtering Ideas

instagram-1

On October 6, 2010 Kevin Systrom and
Mike Krieger launched an app. These two had come together after a few years of dabbling: each with his own interests, and new ideas. Krieger had recently worked on user experience design with a company called Meebo. He would bring in groups of high school students to test the company’s interface. However, Krieger had always had a passion for picture-sharing. Meanwhile, Systrom was working with some app ideas. He created an app called Burbn which let users share their location pictures with friends–but what the app lacked was a smooth user interface. So these two came together and began to collaborate–each bringing his own skills, passions, and ideas to the table. It was then that the filtering and refining of ideas began.

Social, Simple, Slick

They decided to trash the Burbn idea, but they held on to the concept. They loved the idea of creating a social, picture-sharing medium, and so they began their research. They wanted to make picture-sharing fun and simple–so that it only took a few clicks. In the end, Systrom’s programming and Krieger’s design experience came together and fashioned Instagram.

Instagram_Rainbow_Banner

In three months, they had one million users. And eventually they had three million. Today the app not only has 150 million active users, but also gives users the opportunity to share videos.

Just recently the company was bought by Facebook, but here’s the catch: they were bought for one million dollars–and Systrom owned 40% of the shares. Yes, that’s right–he now has 400 million dollars. Now is that a profitable idea, or what?

 

Grasshopper, entrepreneurs helping entrepreneurs

download

 

 

after searching for Babson college graduates now on the 30 under 30 list I came across a this awesome company. Grasshopper is a great name and representation for what their website does. Grasshopper trains young entrepreneurs and small businesses to build their companies. their goal s to teach entrepreneurs correct business procedures from anywhere in the world.

Grasshopper

Website: Grasshopper.com
Facebook: Facebook.com/Grasshopper
Twitter: @Grasshopper
Inc profile

Founded by two entrepreneurs, Siamak Taghaddos and David Hauser, Grasshopper has been making it easier to start and grow a small business since 2003. Back then, we started as just two guys with a dream and to date have served over 100,000 entrepreneurs (and we’re still growing).
The Grasshopper virtual phone system helps entrepreneurs sound more professional and stay connected from anywhere. Features include toll free and local numbers, custom greetings, multiple extensions for employees, call forwarding to any phone anywhere in the world, voicemail to email, and much more. Unlike a traditional phone system, Grasshopper is managed all online and in the cloud – there’s no hardware to purchase and no software to install.
Today our commitment to helping entrepreneurs is stronger than ever, and we continue to develop new and innovative tools to help them change the world.
Grasshopper provides a great description of their company’s procedures and services below on Youtube.

 

The Story of Scott Harrison and charity: water

The Foundation

The story of Scott Harrison, founder of the organization charity: water, does not begin like the stories of the average social entrepreneur.  Scott spent the first 10 years of his adult life as a night club promoter in New York City.  His life consisted of striving after more money, more status and better parties.

At age 28, Scott had the realization that the life he was living was not only unfulfilling, but destructive to himself and the people by whom he was surrounded.  Scott describes his revelation as follows: “I was the worst person I knew…I was emotionally bankrupt, I was spiritually bankrupt.  Everything I had as a value I walked away from…. There [wasn’t] a single redemptive thing about my life.”scott-harrison-1-1139x541_0

Scott, after a process of returning to Christ, decided to begin applying for positions at various charities.  He started questioning what he could do to give back and live the exact opposite of the life he had lived before. He asked himself:

“What if I tried to serve God?… What if I actually served others?…What if I give back 1 of the 10 years and serve?”

After being rejected  from every nonprofit to which he had applied, Scott was finally given the opportunity to work with Mercy Ships, an organization that provides surgeries on the coast of Africa from a boat-turned-hospital.  Scott spent two years with them as a photographer, documenting every surgery and subsequent transformation that took place.

During a gap year, Scott returned to New York and held a photo show displaying the images he had captured over that first year.  The show raised $100,000, 100% of which went to Mercy Ships.

Not only was he extremely impacted by the work that God was doing through Mercy Ships, but he also sought a solution to the root problems of the Mercy Ship patients, many of whom suffered from severe tumors and infections.  Scott discovered that 80% of the illnesses that these people suffered from were caused by lack of clean water.

Although Scott was ashamed of his past life choices, he utilized his connections by hosting his 31st birthday party charging $20 admission to 700 of his friends.  He earned $15,000 in one night. He used this initial capital to build 3 wells in Northern Uganda and repair 3 others.  Charity: water had begun.

441793606_1280 The Model

As Scott Harrison set out on the journey to start his own nonprofit, he wanted to reform the way charities are set up.  Firstly, he wanted to change the answer to the question “How much of my money will actually go to the actual cause?”  For charity: water, the answer to that question, from the beginning, is and has always been 100%.

The second aspect of charity he wanted to incorporate was the ability for contributors to see exactly where their money is going.  To do this, charity: water tracks the GPS location of each well that is excavated, making the specific wells available to view through Google Earth. Charity: water also tracks which donations are funding which project.

Other innovative campaigns such as a mobile exhibit that displayed dirty water in tanks as well as gave information about water union-square-exhibition-charity-waterquality around the world, have been utilized by this organization.  Said exhibit would be set up in different parks in New York City, to educate as well as fund-raise by selling $20 water bottles to support the organization.

One of charity: water’s main sources of donations is through a campaign called “birthdays”, which began with Scott’s idea to send out an email asking for $32 (the age he was turning) from each individual as a donation to charity water.  He raised $59,000, only a year after he had started charity: water.  Supporters of charity water can now do the same through the charity: water website.

water

The Impact

Since its establishment charity: water has funded 9,015 water projects, providing 3,300,000 people with clean water, in 20 countries.  Its renown and impact are growing every day, especially with a focus on design and marketing as well as authenticity and transparency as a nonprofit. To learn more visit their website or watch the interview with Scott Harrison below:

charitywater.org

http://youtu.be/yPLcMSpYisg

 

Rooted Beauty

RB101-1-300x203

founders1

Woman2Woman Project

 

The founders of Rooted Beauty, Sharon and Kim, wanted to create a skincare line in which was “good for you, good for the earth and good for others”.  The idea focused around skincare, is actually making the products with ingredients that the consumer will recognize.  Not only does it help the environment, but Rooted Beauty is  a cause-related business in which it helps women around the world break out of poverty and sex trafficking.  Rooted Beauty wants to naturally nourish the skin with fruit and botanical extracts.  The main idea of the Woman2Woman Project is to afford women the opportunity to break free from bondage to create a life of long-term stability.  Once a the sponsoring of one woman is complete, then the next “Project” begins.  This is a way for women to feel beautiful with the type of skin care they use and help other women leave the life of bondage from poverty and the dangers of sex trafficking.