Archive for Millennial Entrepreneurs – Page 4

Cleveland Cornhole Co.

Cleveland Cornhole Company is a small business specializing in custom cornhole boards and rustic style furniture. Started by Chad Gerzeny a few years ago, as a way to make a little cash on the side, morphed into a legitimate business opportunity. These cornhole boards are high quality, and are highly customizable, they take him days to finish because of the intricacy that goes into each individual board. Currently the boards are made by Chad Gerzeny at his own house, but he plans to transition into a retail store within the next few years.

Growing up playing the game of cornhole was the true inspiration for Cleveland Cornhole Co. Initially Chad started with a single set of boards that he made for himself out of his garage. After enjoying the work so much on the first boards it began to feel almost therapeutic to him. As others saw the quality and craftsmanship of the boards, Chad began to receive individual orders from friends and family friends. As he graduated college and time went on he utilized social media to reach a broader market. And now he is at the point to where he cannot keep up with the orders because of his day job.

Cleveland Cornhole Co. also makes rustic household furniture, from coffee tables to farmhouse tables. Chad Gerzeny has made most of the furniture in his current home, and it will be interesting to see how moving into a retail store impacts his business.

Nannies by Noa

https://www.noamintz.com/

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This young entrepreneur named Noa Mintz started a business called Nannies by Noa when she was just 12 years old in 2012. She has made numerous appearances on various television stations and channels to talk about her service and has a wide following behind her business. As of 2015 her business had a net worth of about $375,000. Her business aims to find the best nannies and babysitters for families around New York City, the Hamptons and the Tri-state area. Noa is extremely driven by her passion for helping children and their families. Friends and family close to her would say that she has a niche for matchmaking people together which has aided her in finding nannies and babysitters that are compatible with certain types of families. Her idea is great and very interesting because it gives families a platform in which they can find reliable, fun, passionate, and trustworthy nannies that parents can feel safe leaving their children with and to help care for their children when they are unable to. They do a detailed background screening and even provide some educational services for nannies and babysitters to improve their skills. She ended up hiring a trained CEO to run the business for her because working 40 hours a week was interfering with her schoolwork. That being said, she clearly cares about her education in addition to her business. When she is not engaged in work for her business or school, she is also part of an organization called The Friendship Circle which pairs teenagers with special needs children and offers mentorship for them. She demonstrates innovation by providing this service to families all over New York City and the Tri-state area, which is a very large geographic area, that has a lot of people in need of this type of service. Her story and motivation is very inspiring to me and shows me that any business is possible to create and establish no matter what age you are.

Ellington Timepiece – Teri Elizabeth Wellington

In 2017, 24-year-old Teri Elizabeth Ellington founded her very own watch collection, Ellington Timepiece, as a platform to raise awareness for mental health and support those who suffer from it. Using her last paycheck from a job she lost two months prior to Christmas, Teri launched her first watch design, The Grey Sheba, named after her own therapy dog, Sheba. Sheba became Teri’s therapy dog while she was deeply struggling through mental illness herself. Through Ellington Timepiece, Teri has found strength and purpose while also creating a brand that is passionate about raising awareness for mental health.

“If I can do it, other young people can too,” Teri preaches. Teri struggled with depression, anxiety, and agoraphobia in her past, which created her passion for spreading awareness to other people about these mental illnesses.

Ellington Timepiece is more than just a watch line. The watches serve a greater purpose than a mere accessory on someone’s wrist; The designs are meant to be a voice for those who do not have one. Each watch has a story and meaning behind it.

Through her successes, Teri even created a recent social media movement, #yourstoryetp. People who wear Ellington Timepiece designs share their own stories of mental health creating both a community of watch-lovers and a community for people to share their own journeys as well.

Teri is a truly inspiring entrepreneur for her ability to create both a successful business and a way to spread awareness for mental illness—something that many people struggle with on the daily.

To explore the designs from Teri, check out this link to her company’s website.

Pete Cashmore

Pete Cashmore is the founder Mashable, a media blog that provides news on celebrities, trends, and general gossip. Cashmore founded Mashable when he was just 20 years old back in 2005. In the beginning it was just a blog that became incredibly popular, fast forward to today and it is now one of the most popular news cites that people get their daily gossip and more from.

Due to the success of the website, Cashmore as accumulated a net worth of $95 million. Because of the success of the cite, he was able to sell the company to a gentleman by the name of Ziff Davis for a total of $50 million dollars. So in short, he’s a pretty successful guy

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.

Andrew Mason

Andrew Mason is well known as being the founder and former CEO of Groupon but that is not the only thing he has accomplished. Mason grew up in Mount Lebanon, Pennsylvania and at the young age of 15 started a delivery service called “Bagel Express” which operated Saturday mornings. In 2003 He graduated from Northwest University with a degree in music. Instead of going into the music industry however Mason worked for the entrepreneur Eric Lefkofsky as a web designer. After that a well-known Chicago recording studio called Electrical Audio hired Mason as an intern and later an employee. In 2006 Mason was supported by Lefkofsky to start The Point which was an internet social program designed to organize the boycotting and supporting of different causes. The Point had trouble in the market, so it was changed to what we now Know as Groupon, a website that sells coupons for local businesses. Mason was the CEO of Groupon from 2007 to 2013 when he was fired because sales and profit had gone down. In 2015 Mason founded the app Detour which provided audio tours of major cities, Bose acquired this app in 2018. Now Mason works as the CEO of Descript an audio word processing platform that allows an editor or producers to edit sound files. Now Descript is adding a new feature which allows you to type an audio recording that will be in your own voice without you having to record the audio. Andrew Mason shows the creativity and out of the box thinking that I believe all Entrepreneurs demonstrate.

Chalk . com

Chalk.com lists their mission as this:

“Giving every child an equal opportunity to participate in the future”

And that is more or less what Chalk.com does. It is a company that saw a disparity between the opportunities given to students in our education system, and their actual abilities. They saw how a child that was given more opportunities in education tended to perform better, and have better opportunities, the later they got in life. More doors opened for them, if you will. As their website says, “the [education] system needs to accommodate your needs to give you the best chance to succeed.” And their goal is to shape the system to do that.

Chalk.com strives to do this by starting at the source: the teachers themselves. They argue that good teaching is not something that is “mass-produced” but cultivated through people who care. Chalk wants to empower teachers in order so that they can better empower their students.

They attempt to do this by teaching teachers about what it means to learn well, to learn and act on knowledge with responsibility, to care about what they teach and who they teach, and to be persistent in all things. Though all of this might sound a little heady and nebulous, they live out these missions by scheduling meetings with teachers, helping them plan out curricula and game plans, developing holistic strategies to meet students and educators wherever they are.

Pela Phone Case

According to Pela Case’s website, they have a “big, hairy, audacious goal” where they want to create a future without waste, and it is that mission that informs their goals and business-practices. The founder of Pela, Jeremy Lang, says that he had the idea for the company when he was in Hawaii with his family and his son dug up a piece of plastic on the beach. This led Lang to think about the impact of plastic and waste on the environment, and from that the impact on human life and community.

Lang decided that he wanted to craft a company that combated this waste, while also raising awareness about it. This led him to found Pela Case, a company that produces eco-friendly recycled phone cases. The idea was to create something environmentally-focused and sound that you would hold in your hand every day. Their phone cases are durable and biodegradable.

The company is founded on and focused around four core values: community, creativity, consciousness, and courage. All of these are reflected in their business’ values and practices, but also in the culture they wish to inspire in their product.

This company interests me because I think it is an awesome example of an entrepreneur seeing a very specific need and finding a way to connect it with something tangible and very “human.” It’s a company that does not ask much of people–everyone needs a phone case, so why not get one that looks nice and also supports environmental causes? The company still seems like it’s pretty small, but I’ve seen a lot of ads for it on social media and I have begun to see more people with their product.

Cherie Tan

Cherie Tan at the young age of 14 started freelancing as a web designer. She loved creating beautiful virtual things that she and her virtual friends all enjoyed. Cherie went all in and taught herself Photoshop, CSS and JavaScript with the motivation of creating beautiful websites and this brought her her first paying client. At Newcastle University in the UK Cherie earned a second-upper honors degree in electrical engineering. During this time her freelance career had led her to stating the beginnings of her software development and design firm as well as taking on different challenging project from all over the world. In 2016 Cherie founded Mogul Tech International to help her handle all the requests she had started receiving. Modul Tech is a company where the employees are trained in remote work designing websites, products, growth strategies, and beautiful software for many different companies. Having a remote team has its challenges Cherie says but she says it is rewarding as well and she has seen it pay off many times with clients, the team members, and herself. In 2018 Cherie changed her focus and became certified and registered as an Associate Wealth Planner in Singapore, shifting to the financial industry. Now she is hoping to start a code academy for kids inside Singapore. Cherie is also very active in her community mentoring teens in the local public schools in Singapore as well as volunteering at local community shelters. Cherie Tan demonstrates so many entrepreneurial gifts and is doing amazing work.

Serengetee

Serengetee is a good example of the way that a company started by young people, especially college students, can grow to be something really cool, big, and impactful.

Serengetee today is a social venture clothing and accessories company that is known mostly for its tee shirts, but also for its hats, scrunchies, and more. Two college guys started it seven years ago when they met traveling abroad for a semester. When exploring local markets in different countries they were intrigued by the different fabrics they saw. They wanted to do something good with these fabrics and wanted to create a clothing company surrounding these fabrics and even though they had no previous experience in fashion they began to experiment with what they could do.

Their mission became this: they would buy fabric from all around the world, supporting local artisans and craftsmen, honoring generations-old traditions, and preserving and sharing these bits of culture and history by attaching the story of each specific fabric to the piece of clothing it became a part of. They then give 10% of their profits to social grassroots ventures across the world.

Serengetee is most known for their “pocket-tees”, which are colorful tee shirts with breast pockets crafted from the fabrics around the world. These tee shirts come with the story of the fabric and craftsmen who made it, raising awareness for that specific area. Sometimes these fabrics were made by people who were at-risk, or who are themselves part of a social venture.

Over the years they have expanded from tee shirts to hats, backpacks, scrunchies, beanies, socks, and even jewelry, but they stay true to their mission in everything they do.

I think that Serengetee is an excellent example of how to do a social venture well. I do not know much about the logistics of their business and how that all works, but from what I can see, they did a good job of starting focused in their mission, their goals, and their methods. In the years of growth since then, they have done what seems to me to be a good act of discernment in expanding certain aspects of their methods and goals by including diverse products, but not diverging too far from their brand, and staying true to their mission. Too many social ventures, especially by young entrepreneurs, are either far too specific or try to diversify themselves much too quickly. But from what I can see, they have avoided this pitfall.

I have followed the growth of Serengetee for the past three years or so and I am interested to see where they go from here, and what we can continue to learn from them.