Archive for Social Entrepreneur – Page 17

Elliott Bisnow

 

 

Trying to become an entrepreneur may be difficult without having any idea what kind of product or service you would like to provide for people. To make things even more challenging, is not having anyone to collaborate with and or brainstorm ideas. Often doing so may even lead to even more ideas you didn’t even think of. Well Elliott Bisnow created an organization to do exactly these things.

Bisnow founded the company Summit, which is really more of a community than a company, that helps bring entrepreneurs, innovators, and thought leaders together in a collaboration rich environment. In which they can strive to make a positive impact on the world. Among these people are the World’s best nonprofit leaders, entrepreneurs, artists, scientists, athletes, and change makers.  All attendees are brought together through large scale annual events called the Summit Series.

Bisnow’s purpose for the Summit series is to create these environments that help immerse people in unique experiences that will result in long lasting relationships. Bisnow’s drive to use the power of collaboration for good is already starting to make an impact. The Summit series events have helped raise millions of dollars towards business, philanthropic, and environmental ventures.

Just two years ago Summit purchased Powder Mountain, which is located in Utah’s Northern mountain range, to create a permanent home for the Summit community. The Summit Powder Mountain community is a ski resort that will be the central site for all upcoming annual and year round events for the Summit Series.

Elliott Bisnow has created a service that will help the leaders around us to create positive growth.

 

SIRUM – “the Match.com for unused drugs”

Every year in the United States, $5 billion (yes, billion with a ‘b’!) of unused and unexpired prescription drugs are destroyed.  At the same time, 50 million Americans don’t refill their prescriptions because of the cost.  A group of Stanford graduates wanted to find a way to easily connect the surplus and the need.  In 2009, Kiah Williams, Adam Kircher, and George Wang created SIRUM (Supporting Initiatives to Redistribute Unused Medicine), a non-profit dedicated to deliver unused medicine to people in need.

SIRUM works in 4 easy steps.  SIRUM first gets companies and hospitals to stop destroying unused medicine.  This is fairly easy because the companies often have to spend a large amount of money to have the drugs destroyed.  Instead, donating the drugs is free and less of a hassle.  The company or hospital then enters the surplus via SIRUM’s technology.  The company packs up the unused medicine and adds a pre-paid shipping label.  SIRUM picks up the package the next day and distributes it to those in need.  The company or hospital is then able to track the package door-to-door.

This entire transaction is a win-win for everyone involved!  It is much easier and cheaper for hospitals or companies to donate the surplus medicine than to destroy it.  And people who need affordable or free medication can easily get it.  Like cofounder Kiah Williams said, SIRUM is “like the Match.com for unused drugs”.  SIRUM was able to meet the needs of two different groups, with no downside to either group.  To learn more about SIRUM, click here.

Sword & Plough – Bridging the Civil-Military Divide

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U.S. Army 1st Lt. Emily Núñez and her sister Betsy Núñez grew up in a military family, so for them, living on military bases and eating Thanksgiving dinner with hundreds of soldiers in a military mess hall was the norm.  However, when Emily went to Middlebury College, she realized the huge divide between military life and civilian life.  Most of her friends had never met someone in the military and had no idea what military life was like.  During this time, both Emily and Betsy began to realize how difficult it was for veterans to find work as they transitioned from military to civilian life.

These two problems  culminated into a business idea when Emily attended a social entrepreneurship symposium at her college, where the speaker talked about incorporating up-cycling into a business.  Emily had the idea of recycling military surplus into fashionable bags and accessories.  Emily quickly brought her sister, Betsy, on board and Sword & Plough was born.  The name, Sword & Plough comes from the phrase “to turn swords into ploughshares” from the book of Isaiah.  For Emily and Betsy, this means taking military technologies and materials and applying them to peaceful, military applications.

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Every stage of their business (from design, to production, to quality control, to sales) is done in the U.S.A. and done by veterans.  They even buy their supplies from companies owned and operated by veterans.  Emily and Betsy want their company to empower veterans and help in their transition back to civilian life.  They donate 10% of their profits to support veterans.  They also want to have their bags be a conversation starting point to strengthen military-civilian understanding and to bring to light veteran issues.  In fact, on their website, they have a “Wall of Heroes” to feature a different military personnel every week.

So far, Emily and Betsy’s idea has been a huge success.  They’ve been featured on shows like Good Morning America and the Today Show, and on sites like Business Insider and Forbes.  I encourage you to check out their website (click here!) to learn more about Sword & Plough, its products, and its mission.  I think that this company is poised to make some really important impacts in the near future.

Sean Coughlin

Sean Coughlin is the CEO and one of the co-founders of FaithStreet. FaithStreet is a website that allows newcomers to areas to find and connect with the churches around them. It also allows congregations to reach out using the internet. Currently, FaithStreet has over 17,000 churches across America on their website, and their next goal is developing a simple way to give money to the communities their members serve. Sean’s story for the startup of the company is interesting. He graduated from Harvard College and University of Virginia School of Law, and began working for a top law firm. He left his job however because he felt the need to start something big and new. This success story of going from a law background to a tech startup is inspiring to me. It shows his faith and his willingness to take a leap in it to follow his calling.

Medic Mobile

Isaac Holeman, Josh Nesbit, and Nadim Mahmud created Medic Mobile a company that connects medical mission organizations in developing countries. Medic Mobile is being used in over twenty countries over 16,000 health workers use the information it provides. Medic mobile is an example of a social entrepreneurship venture that is capable of tracking disease outbreaks, resource levels, emergency or danger broadcasting, and pregnancy registration. This data provides statistical data that allows for trends to be determined, which can effect future action plans. The data is accumulated by many organizations thus creating a network which is more powerful than one organization alone. The three co-founders of Medic Mobile founded the company after conducting pediatric AIDS research in Malawi. They came across a physician that was frustrated with the disorganization of relief efforts. The physician served so many, and felt that treatment plans could be developed from trends. Treatment plans could be orchestrated and alleviate possible outbreaks or redundancies.

Smart phone technology connects the world in so many ways, the three co-founders were able use the networking power modern technology provides to cut down on miscommunication, hopefully preventing future disease outbreaks, and proper allocation of resources.

MeetMe.com

Before Catherine Cook was an entrepreneur herself it was her brother Dave Cook that was the first entrepreneur in her family. The experience from Dave would end up helping Catherine with her business venture.

Being a new student at her high school Catherine Cook wanted a better way to get to know her classmates. One day Catherine and her brother Dave were flipping through their yearbook and started to brainstorm. After noticing how useless the information was that the yearbook had to offer she decided to do something about it. Catherine looked up to her brother Dave and thought that if he could have a successful start-up company she could to.

Catherine started the online social network website with the name MyYearBook.com. Which today is better known as MeetMe.com. At the time Catherine looked at Facebook and knew that it was a social network for people that you were already friends with. But Catherine’s goal for MeetMe.com was different. Catherine wanted to make a site that was meant for you to make new friends instead of just interacting with the friends you already have.

So through interesting quizzes and games and other aspects of the site Catherine achieved her goal. Catherine Cook is now worth $30 million dollars and MeetMe.com now gains 86,000 new users every day along with 300,000 new photos every day.

 

Forbes Fosters Entrepreneurship

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As an aspiring entrepreneur, it is pretty exciting to learn that there are ways of receiving funding for your original ideas. Gone are the days where you are forced to venture alone; a new age is here where companies are excited to invest in the next generation.

Every year, Forbes hosts a $1 Million Change the World Competition. It is a competition for young entrepreneurs with social ideas both for-profit and not-for-profit. The winner of the competition takes home $500,000 and the five runners up each get $100,000. This opportunity is an almost unheard of opportunity to jumpstart your business at such a young age. While this competition is open currently only for existing businesses, the opportunity is incredible.

The best part about this competition? It focuses and encourages social entrepreneurship. The tides are changing in innovation these days. Young people not only want to make it big, but they more importantly want to change the world. Forbes recognizes this zeitgeist and fosters it. It is so cool to see current big-wigs responding to the change they are seeing in the tides of innovation.

Personally, I find this to be an extremely encouraging and motivating competition. Not only can you dream big, but there are opportunities already existing to help turn it into reality. Truly now is the easiest time to change the world. The stage is open.

Tumblr: A Safe Place to Blog

I think this millennial entrepreneur is an appropriate candidate to be blogged about. At the young age of 29 David Karp is the founder of the blogging platform Tumblr. Now I am sure that many of you have at least heard of it because it currently has close to 50 million users. The founder himself is worth close to $200 million.

I would guess that many of you have heard of Twitter and Facebook which can be considered blogging platforms too but only on a micro-blogging level; compared to the tools meant for blogging such as WordPress, Blogger, and TypePad. Tumblr is meant to be a different kind of blogging platform compared to the others.

Karp intends Tumblr to be a place for blogging with a different feel to it. He believes that the other big blogging platforms are perfectly fine; he just thought they were too difficult to use for people who don’t think of themselves as good writers. So Karp created Tumblr as a tool/environment he thinks will make it easier and more meaningful for people to share their thoughts and ideas.

Karp created Tumblr for the people that don’t really enjoy writing but want to share their thoughts and ideas through images, words, and videos in a place they can feel comfortable. A place where people can build an online identity and be proud of what they built.

Catherine Cook- Memories of Money!

Catherine Cook’s life is the perfect story of living the American Dream. She is a true millennial entrepreneur and has made millions in her teens! The beginning stages of her entrepreneurial spirit took place when she at a very young age, she sold books in her homemade library to her parents for a small charge. When she turned 15 years old, she started a business called myYearbook with her brother in New Jersey. She partnered up with her brother David, and they were kick started by her older brother, Geoff, who made an investment to get them up-and-running.

Her business, myYearbook, which was started in 2005 with 400 members that went to school at her local high school. She grew her business immensely through great marketing strategies and a true passion. In 2012 it grew to an astounding 32.7 million users, which is the same year she sold their family business for 150 million dollars…

The success and the money were a byproduct of love and passion. Her brilliance in social networking led her to be on of the youngest self-made millionaires in the world. MyYearbook makes most of their revenue through online advertising. High school and college graduates go on myYearbook to reunite and touch base with old classmates.

Through Catherine, lessons can be taught to all of us, especially young entrepreneurs like ourselves. It starts with a simple idea, and having the ambition and passion to get out there and act on it. At a young age of 15 years old, she saw a problem that could be solved by herself. We are the millennial age and have the strongest position ever in human history. We have so many tools and resources at our disposal. Catherine, herself, proved you are never to young to start a business. Now is our time, let’s go out and conquer the world.

 

Watsi – Radically Transparent

Chase AdamA few years ago, Chase Adam was serving as a Peace Corps Volunteer in the Democratic Republic of the Congo when a woman boarded the bus and began asking for donations for her child’s medical treatment.  Because panhandling is so prevalent in that area of the world, Adam was shocked to see all of the natives give the women money for her child.  He realized the natives believed this woman because she had the child’s information and had established a sense of trust with them.  Inspired, Adam returned to the United States with the goal of starting a non-profit to provide healthcare around the world.

However, when Adam returned home, he realized that many non-profits weren’t very efficient and were underfunded.  Adam decided to start a company that was built with an emphasis on impact, efficiency, and transparency.  Watsi, launched in August 2012, is a “global crowdfunding platform for healthcare” – basically a Kickstarter for medical treatments.  People can donate any amount of money to fund medical treatment and care around the world.  Once a patient’s funding goal is met, the patient receives the treatment.  Watsi then updates all of the donors with the patient’s treatment outcome.Watsi Logo

Watsi is different from most non-profits because 100% of the money donated goes directly to people in need.   All of Watsi’s operating expenses are paid for by optional tips or other philanthropists.  Watsi prides itself on being “radically transparent”.  In fact, all of their financial information in public knowledge and can be seen on their Transparency Document on their website (check if out here!).  That way, you can see exactly where your money is going.

After a slow start, Watsi was the first nonprofit to received funding from Y Combinator, a tech company incubator program.  Watsi took off and, within 2 years, raised more than $2 million, all of which went to patients in need.  In 2014, Adam was listed on Forbes list of 30 Under 30: Social Entrepreneurs.  Inspired by the woman on the bus, Adam was able to take an idea he was passionate about and use it to help thousands of people about the world.