Archive for Travel

Bill and Jen Ehninger: Chimney Cakery

Bill and Jen Ehninger were on a trip to Budapest when they discovered the inspiration for their business: Kürtőskalács. Kürtőskalács are cone-shaped pastries cooked to a caramelized finish and rolled in cinnamon sugar or nuts or filled with jam, chocolate, or cream. Hundreds of vendors sold these pastries in Budapest, and when the Ehningers fell in love with them, they decided that they needed to bring them to the United States. So, the couple attended a one-day class at the Kurtos Academy in Murska Sobota, Slovenia where they learned the art and became certified chimney cake bakers.

In 2022, they opened Chimney Cakes, a boutique mobile bakery business, and attended several farmers markets. They decided to give it a year to see how it did – and they met with success as they have added more farmers markets and even offer catering! Chimney cakes are yeasted sweet dough wrapped around a wooden stick before being cooked on their imported gas chimney cake grill to get a caramelized finish. The Ehningers have added their own twist by incorporating orange zest and juice in the sweet dough and even offering some savory chimney cakes. These are a fun and unique dessert, and “people love them because they’re new and different, and they also like to see the process from beginning to end, and they taste wonderful!” as Jen explained.

The Ehningers discovered something that they loved and found a new niche in bringing it to the US. They were dedicated to their idea, getting certified in chimney cake baking, but they also added their own unique twits. Additionally, they recognized their lean start up when they decided to give Chimney Cakery a year to test their idea. They created a business which engages customer who can watch the whole process and even create their own chimney cake. Bill and Jen Ehninger have shared their love of this Hungarian pastry by bringing Chimney Cakes to north-west PA.

Visit their website at https://www.chimneycakery.com/.

Caleb Nelson – Romeo’s Rickshaws

Utah teen is taking his town for a ride - and they love it - Rising  InnovatorCaleb Nelson asked his father if he could borrow $10,000 for a business plan that he had in mind. His plan was a to create a business that used pedicabs, which are carts that are connected to the back of bicycles, to transport people around town. Caleb made a presentation that talked about his plans and showed it to his father. His father decided to give Caleb $5,000 if he could make the rest of it by himself. Caleb was only 14 years old at the time, so it seemed to be quite a challenge. However, he found a way to raise the $5,000 and Caleb and his father were on their way to Denver to purchase two pedicabs. With the help of some of his friends from middle school, Caleb officially launched Romeo’s Rickshaws. He has said that he is most grateful for everything that he has learned. He recognized that it was difficult for any business to stand out, because there were so many advertisements for the festival’s program. Caleb made the advertisements for Romeo’s Rickshaws not only stand out, but the people who are in charge of the pedicabs are taught to guide riders to advertisers. He also learned about how to get people to show up. There is no charge for a ride and the people only pay tips to the operators. Despite his accomplishments, Caleb does not see his business being a permanent venture. He says it is because it takes a lot of work. As of the date of the article, Caleb is 17 years old and is intending to sell the pedicabs before he leaves for college. He also intends to remember the lessons that he learned from his business.

Griffin Thall and Paul Goodman – Fashionably Making a Difference

People often get caught up in fast paced lifestyles and do not slow down to take time to appreciate the little things in life. It is always a good reminder to take a break once in a while and count your blessings. Two young, fresh out of college entrepreneurs realized that people need this reminder when reflecting on their time spent in Costa Rica and seeing how the Costa Ricans lived with a spirit of gratitude for the simple things in life. This is how their company was born.

Griffin Thall and Paul Goodman went on a trip to Costa Rica to celebrate graduating college. During their time there, they met two artisans that made bracelets and asked them to make 400 bracelets for them to take home with so they could display them in a local boutique. The artisans agreed, and the bracelets ended up selling out of the boutique in only a few days. Seeing the huge opportunity, Griffin and Paul wanted to develop a company with the bracelets. Branching off their inspiration from the lifestyle that the Costa Ricans embraced, Griffin and Paul decided to create a movement around their grateful attitudes for the simple things in life. The Costa Ricans called this lifestyle “pura vida”, so that is what they named business. Griffin and Paul partnered with the artisans in Costa Rica to launch their business, and now their employees have expanded to artisans in El Salvador, India, and more in addition to Costa Rica. They now have over 800 employees for this business, and it is continuing to grow.

Not only are Griffin and Paul spreading an inspirational message with their bracelets and jewelry, but they are also giving back to communities in need. They are providing artisans with reliable and good paying jobs with positive work environments, neither of which they had in their previous jobs. In addition to this, they have partnered with hundreds of different charities and donated millions of dollars to important causes. This is no ordinary bracelet and jewelry company. Their passion and mission for this business is apparent, and it is an inspiration that they have such a heart to give back.

These entrepreneurs helped solve the problem of low wages and poor work conditions for hundreds of people in other countries while selling a product with meaning. They are clearly driven by wanting to help others, and they are succeeding in multiple ways. This makes them unique in the jewelry business because genuine giving hearts can be hard to find. I am inspired by their story, and I have learned that seizing an opportunity is sometimes all it takes to make a big impact.

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Yes Theory

Background

Five years ag0, a group of early 20 year old friends named Thomas Brag, Matt Dajer, and Ammar Kandil decided to start a youtube channel.  The main focus of this channel was to go out of their comfort zones, and start saying “yes” to every opportunity that they were given.  This idea of saying yes to uncomfortable things soon grew into one of the most successful youtube channels today.

Success Today

Today, the group has just under 6 million subscribers on youtube.  Their subscriber count grew substantially over the last five years as fans began to like the idea of doing uncomfortable things in life.  Yes Theory has produced videos of travelling to dangerous countries throughout the world and learning their culture, inviting random strangers on weekend retreats, etc.  This channel has opened the eyes of millions of people to understand the experiences that can come from doing things that put you out of your comfort zone.

 

 

Innovation

Aside from Youtube, Yes Theory began their own clothing line that fans can purchase from them.  Their main tagline of the clothing brand is “seek discomfort.” The passion for memorable experiences drives Yes Theory to produce content and clothing that their fans will love.  In addition, Yes Theory was able to maintain their success throughout the Covid 19 Pandemic.  Although they weren’t able to travel around the world and make videos, they used their platform to make videos helping people out who were struggling during the pandemic.  One of their videos involved helping a stranger get his business back up and running after having to close due to Covid 19 restrictions.  This innovation is what sets Yes Theory apart from others.  In times of trouble, they found a way to capitalize on the situation.  This mindset can inspire many young individuals who strive to begin their own entrepreneurship journey.

The Social Shells

In 2015 Nadine, from Switzerland, was working a 9 to 5 desk job feeling completely miserable. At the same time, she was just finishing her undergrad—but to Nadine this felt pointless. What exactly was she studying and working towards? To work longer and harder hours at a different desk job that she would not enjoy? This is why Nadine made a change.

A week after completing her undergrad, Nadine decided to take off and travel for a few months where she eventually landed in Bali. Her family urged her to come back to Switzerland to continue living “real life” and get a steady job. In Bali, she saw others working completely from their computers and creating their own working schedules, so Nadine starting searching for ways she could do the same!

With her determination, Nadine started building her own social media management business. She took online classes, read countless books, reached out to many people to network, and learned how to create a successful brand. As she started gaining clients, her business grew—she began making more money than she had at her 9 to 5 job! Nadine was able to work around her own schedule and continue to travel, all while doing something she was truly passionate about!

Now, Nadine still works as a social media manager, but she also teaches other women how to do the same through her mentorship program, The Social Shells. Because Nadine had to start her business from scratch without any sort of mentor, she created the Social Shells in order to help others who are in the same position that she once was a few years ago.

“I believe in community over competition and want to help as many women as possible to live their dream life! Instead of making the same mistakes as I did, you can take the shortcut and learn the direct path to freedom!”

Nadine continues to grow her business all while living her absolute dream life!

Airbnb

Airbnb, also called “Air Bed and Breakfast”, is a well-known company that allows people to rent out people’s living spaces to travelers. In 2007, two men, Joe Gebbia and Brian Chesky, founded Airbnb. The company started off an email, from Gebbia to Chesky, about a design conference convention happening in their town. Chesky and Gebbia were roommates in San Francisco and could not afford rent at their apartment. Gebbia knew hotels would be booked out for the convention and many designers would need a place to stay. He emailed Chesky and decided to create a space in their apartment for an air mattress, a small desk, wireless internet, and breakfast every morning. Two men and one woman paid $80 to sleep on an air mattress in Gebbia and Chesky’s apartment. After realizing how much potential this idea had, they welcomed their old roommate, Nathan Blecharczyk, into their business. That’s how airbedandbreakfast was born. After founding Air Bed and Breakfast, they tried to create Roommates.com but it was already founded by Bryan Peters. Air Bed and Breakfast was changed to Airbnb because people were confused with the air mattress concept.

In April 2009, they received a $600,000 seed investment to help build their company. In 2011, Airbnb was in 89 countries and surpassed 1 million nights booked. There were some downsides of people renting their houses or apartments to strangers. Some would come home to find their place trashed and have to clean up the mess. They implemented a coverage policy and a cleaning fee when booking a rental property. They provide rentals all over the world and have over 30,000 tiny houses, 5,000 castles, and 3,000 tree houses to rent. Who knew?!

Their multimillion-dollar business started from not being able to pay rent. They have transformed their business into letting others rent out their own apartments, townhouses, houses, etc. to strangers.

https://www.businessinsider.com/how-airbnb-was-founded-a-visual-history-2016-2#they-created-a-simple-site-airbedandbreakfastcom-bought-three-air-mattresses-and-arranged-them-in-their-loft-5

Scott Keyes: Travel for Cheap!

Back in 2013, Scott Keyes was just a regular 26-year-old guy who loved traveling and finding good deals.  He enjoyed finding the cheapest flights possible, and scored a trip from New York City to Milan for only $130.  Little did he know, this deal would trigger a series of events leading to the creation of his million dollar company: Scott’s Cheap Flights.

Keyes’ cheap flight to Milan captivated many of his friends who wanted to find cheap flights as well.  This prompted him to start an email list to share deals with them and make the process easier.  After a couple of years, the email list was growing so much that he has to charge a small $2 fee for a full subscription.  Now it is $49 a year for a premium subscription, which is nothing compared to how much you’ll save on flights using the deals.

His newsletter was bringing in thousands of dollars a month, and so he quit his work as a freelance journalist to focus on growing his new business.  Today he has over 2 million subscribers and he personally spends hours a day finding good deals for them!

Keyes is very inspiring because he never intended to become an entrepreneur and his business came to be simply because he was doing what he loved and helping others find good deals.  His career practically happened by accident!  To this day, he’s spent less than a thousand dollars on marketing.  His success gives me hope that I can do what I love and let the money come after.

Here is a link to Scott’s Cheap Flights so you can see his success for yourself!

https://scottscheapflights.com/flight?utm_expid=.jUMOy8DXRyqg-NxoIQzfEw.2&utm_referrer=https%3A%2F%2Fwww.google.com%2F

 

Waze – Ehud Shabtai

I’m sure most of you have heard of or use Waze, the GPS app.  This app has revolutionized the way consumers drive by alerting them of dangers, traffic patterns, and policemen ahead.  Many drivers have switched from the traditional Apple Maps and Google Maps to Waze over the last few years, myself included.

In 2006, Ehud Shabtai founded and developed FreeMap Israel, a service aimed to offer users a free map of Israel in Hebrew.  2 years Later he founded the company Waze to commercialize the product. Between 2010-11, Waze raised 55 million dollars to update the app to include real time events.  As its traction began to grow, Waze saw an opportunity in the U.S. to capitalize on a market with few competitors.  They entered the US in 2013 by Google acquiring them for 966 million dollars.

Currently, Waze is used by over 130 million monthly users.  They generate money by using ads that benefit both the app and the user.  For example, McDonald’s may see that you are near their restaurant, and show you an add for a BOGO drink.  Also, users crowd source the information within the app such as where a crash took place, where a large pothole is, or where a cop is hidden.  This separates them from Apple and Google Maps, which do not have this feature.

The Brothers behind Vineyard Vines

After a particularly bad day at his job at a marketing and communications company, Shep Murray was told to think more “inside the box”. He did not like hearing this phrase, and decided to quit. Shep then called his younger brother, Ian Murray, and told him that he quit his job and dared Ian to do the same. Shep got a call minutes later saying that his brother Ian followed through and quit his job too.

During a family trip to Aguilla in 1997, Shep and Ian talked about creating a high end neck tie company that represented the finer things in life. Ian and Shep had more time to pursue this business idea since they both quit their jobs.

Before quitting their jobs, they used their last paychecks and applied for as many credit cards as possible while they still had credit. Cash advances from the new credit cards helped Shep and Ian fund Vineyard Vines in the beginning stages. Both brothers used their contacts at their former jobs to make connections in the fashion and design industry.

In 1998, Shep and Ian noticed that no one was wearing ties because they thought they were boring. Men only wore ties to weddings or graduations. They wanted to use this to their advantage, and they did. They wanted to make neckties more appealing to more people, especially preppy New Englanders. Their idea was to make a product line of neck ties that had whimsical and colorful patterns that could spark conversations.

To build their brand, the brothers took a different approach to find customers that would want to purchase their products. During July 1999, they would couch surf up and down the eastern seaboard, carrying bags with merchandise inside. They focused specifically on selling at Martha’s Vineyard, and would bike ride and boat around beaches hoping to find customers interested in purchasing products. They even went to holiday boutiques and church fairs to sell. The summer of 1999 was the time of largest growth that they have every seen. After this growth season, they moved their in home offices into larger office spaces in Connecticut, where the brothers grew up. The brothers spent their summers as kids on Martha’s Vineyard, which inspired the name and concept of their brand. This was another reason why they chose to have their headquarters in Stamford, Connecticut.

Shep and Ian were gifted with a incredible opportunity: to create a custom neck tie for Aflac, an insurance company. The design resulted in a $400,000 commitment to purchase 10,000 ties. They bought a boat and then got busy fulfilling the order. in 2005, the brothers opened their first retail store on Martha’s Vineyard. Within 3 years, they surpassed $1 million in sales.

Today, there are 91 Vineyard Vines stores across the United States. They have also expanded the product line to include clothing, swimwear, and bags for men, women, and children. They are still known for their bright and playful prints. The company is still 100% owned by the brothers, and the financial freedom allows them to be flexible, responsive, and fully committed to the brand’s essence — selling the “good life” and “Every day should feel this good!”. Vineyard Vines is very popular among so many people today, and known for their whale icon on t-shirts and other products.

Vineyard Vines sells an experience. It offers something that everyone wants: the ability to convey a nice life. Shep and Ian Murray were able to tap into the New England lifestyle and make it into their company and brand. The story of the Murray brothers shows that sometimes safety in a job/career is not the best thing. Break out of your shell and start something new. Everyday should feel good, like the essence of Vineyard Vine’s brand.

 

Check out Vineyard Vines products here

Elon Musk: Technological Empire

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By now, most Americans know who Elon Musk is. It is extremely difficult to miss the luxurious design of one of his Tesla vehicles drive by you or to not be intrigued about his realistic idea for commercializing space travel. Elon Musk, with a net worth of $12.9 billion, is one of the most successful businessmen that lives today and his story of success is one that very few people are aware of.

His parents always had aspirations of their son from the time that he was very young. They noticed he was a tinkerer so they bought him his first computer when he was nine. It came with an astounding five kilobytes of storage and with this computer, Musk made a simple video game called “Blastar.” It was a simpler version of the game “Space Invaders” but was nonetheless an impressive code, especially when you remember it was created by a nine year old. When he was twelve, Musk sold the game for $500 ($1,200 today).

After dropping out of graduate school, Musk and his brother had an idea for an online-type of yellow page directory similar to that of Google and Yelp today. He saw that the internet was going to be the future and wanted to develop the technology and make a living from it. This idea for the directory was groundbreaking in the 90s and was quickly purchased by the company Compaq for $307 million from the two innovative minds. Using his newfound profit, Elon saw the potential that the internet held and decided to create an online banking business. Being in a cutthroat market for online banking, he and another company, Confinity, merged and became what is known today as PayPal. This company was soon sold to eBay for $1.2 billion to handle the online transactions for the online mega-store.

In 2002, Musk founded one of his famous companies, SpaceX, with the mission to make humanity a multi-planetary species. While he was in the development stage, he started his most famous company, Tesla, in 2004. Although Musk is aided largely in his efforts through federal subsidies and investments, Musk funds a large amount of his massive companies himself. Since their conception in 2002 and 2004, Musk has continually invested his own money into his own businesses. By doing so, he is the one making the decisions that lead to the success of the company. If the company loses money, he loses his fortune. This keeps him motivated.

How Tesla and SpaceX have already merged - Business Insider

Although each of these companies has had numerous drawbacks–SpaceX couldn’t get their rockets into orbit until they practically ran out of money blowing them up and Tesla continues to lose money–Elon’s exceptional leadership has and continues to lead these companies to the top of their markets. With estimated combined company values of over $24.3 billion, there is no doubt that with these great companies comes great leadership, something that Elon Musk continues to illustrate through his dedication and hard work.

 

Sources:

www.theverge.com/2015/6/9/8752333/elon-musk-blastar-pc-game

www.gobankingrates.com/making-money/business/how-much-is-tesla-worth

www.waitbutwhy.com/2015/05/elon-musk-the-worlds-raddest-man.html

www.moneymorning.com/2018/02/12/how-much-is-spacex-worth/

Roadster Image: https://is.gd/6GjSnC