Archive for Young Entrepreneur – Page 10

Lily Born, Kangaroo Cups

kangaroo cupLily is a young entrepreneur that saw a need and filled it to the best of her abilities. Her grandfather was struggling with Parkinson’s disease and she began to notice that every time he went to take a drink he would always be spilling the beverage. Lily raised a little over $6,000 on Kickstarter to put it into production and the startup of her idea. She developed a three-legged cup so that the chances of being able to spill the beverage significantly decreased.

 

Parkinson’s disease is a progressive nervous system disorder that affects the movement of the body. This disease can be very aggressive and progress quickly or it could be a mild case and take 15-20 to be to a point of immobility. The people that live with this disease struggle with every little thing that they do and Lily’s cup is eliminating one of those struggles. With her design, it is easier for someone to be able to less carefully place something down on a table and not have to worry about the beverage spilling. With her product, Lily is also spreading awareness of Parkinson’s disease and showing people that there are ways to make life a little easier for those that are battling the disease.

kangaroo cup

The design of this cup is almost similar to the design of a sippy cup for a child. This is almost done on purpose because the design’s of cups for children are meant to be simple and easy to use. There are a few different colors and/or patterns that are available in Lily’s cups. The Kangaroo cup started out as a ceramic piece, but with enough funding and support they were able to produce the cups in plastic. Overall though, most of Lily’s thoughts went into the actual design of the cup because that was the most important part to her.

 

Mikaila Ulmer: Founder of “Me & the Bees” Lemonade

Mikaila Ulmer is a 17-year-old girl who started her own lemonade business at a very young age. The business idea started after young Mikaila got stung by a bee and wanted to learn more about bees to overcome her fear of them.  At age 4, she started a business by creating a very small lemonade stand. Very quickly, this turned into the business “Me & the Bees” as a result.

Mikaila is widely successful, at just age 9, she struck an $11 million distribution deal with US supermarket giants Whole Foods Market. Mikaila has also been invited to the White House twice, featured on Good Morning America, NBC News, Forbes Magazine, and Time Magazine for her entrepreneurial success. Mikaila is very busy; she juggles school, her business, and public speaking. The unique thing about her business is that 10% of her brand’s proceeds are donated to bee conservation charities. It is amazing how she used a challenge of hers (getting stung by a bee) to learn more about it and start up a profitable and charitable business.

Mikaila’s lemonade recipe is unique because it comes from her great Grandmother Helen’s flaxseed lemonade. It is fresh-squeezed, and each bottle is made with care. Her family has a huge part in helping her business thrive. As an extension to her business, Mikaila has created a “Bee-to-Z guide” for young entrepreneurs. Here, young entrepreneurs can find inspiration, business tips, and more to make their big ideas come to life. A very inspirational quote from Mikaila reads, “My generation—we’re the future,” Mikaila says. “When we grow up, we’re going to be the people who are the presidents and the leaders of the world. […]  If we start at a young age making a difference, donating back, giving back, when we grow up we can do that on a larger scale.” Mikaila’s business proves that, just like the bees, you are never too small to make a difference.

The 9 Most Successful Teen Entrepreneurs in the World (careeraddict.com)

Mikaila Ulmer of Me & the Bees Lemonade | Microsoft In Culture

The Buzz for Bee Downtown

Do you ever think about bees? Small little insects with a huge impact on our world today. With the bee population dwindling every year, beekeepers like Leigh-Kathryn Bonner founded Bee Downtown to save the bees while simultaneously giving companies a new way to think about sustainability.

Companies, like honeybees, are both hives. They both have workers and a queen to serve. With this in mind and the similarities between the two, Leigh-Kathryn Bonner, a fourth-generation beekeeper in her family, wanted to find a way to unite modern day companies with her passion for saving honeybees. Her idea was Bee Downtown, a business that installs beehives on corporate land while at the same time teaching companies about creating high-quality teams for businesses. It was a unique opportunity for Kathryn. Her family had already been beekeepers for a few generations and that same love for the environment and saving honeybees was already instilled into Kathryn.

Their main service is installing and maintaining beehives on corporate campuses. This gives a place for honeybees to live in the spring and summer and drives curiosity and engagement from the employees. With the bees living alongside these companies, Bonner hopes to educate the corporate world about sustainability and caring for the environment. However, Bee Downton also offers year-round programs to satisfy employee curiosity. From Beekeeping Classes, Hive Tours, and even Honey Tastings and an Annual Honey Extraction Festival, they offer a wide variety of education and entertainment for anyone wanting to save the bees. They also partner with some of the biggest companies in America like Burt’s Bees, Delta, and Chick-fil-A. The director of sustainable business at Burt’s Bees even said, “We love what Bee Downtown is doing. We appreciate the partnership and are impressed with the professionalism and customer service of all BDT team members! Every spring, we are so glad to have busy bees again. There’s an entirely different energy in the office when they’re here!”

Overall, Leigh-Kathryn Bonner is one of the true examples of an innovative entrepreneur. She combined a passion for beekeeping and a need for corporate sustainability and combined them to create a company with a wonderful idea at its core. Not only is it educational, but it’s also just plain fun! Maybe we should look into Bee Downtown and get a few beehives on campus as well!

Dude Perfect: One Shot to Fame

The crowd erupted into enthusiastic cheers as Tyler Toney appeared doing driving stunts in a monster truck. Almost 15,000 people—myself included—had waited hours to see the five Dude Perfect YouTubers make an appearance. Throughout the evening, the crowd only grew more ecstatic as the Dudes told stories, played games, and competed in a demolition derby. Where did Dude Perfect’s popularity begin? The story of Dude Perfect centers around five young college graduates who seized an entrepreneurial opportunity that became wildly successful.

While Tyler Toney is largely the most recognizable figurehead of the group, Dude Perfect’s magnetism is found in the collection of all five members—Tyler Toney, Cody Jones, Cory and Coby Cotton, and Garrett Hilbert. While some entrepreneurs enter their field with the goal of making a profit, such was not the case with Tyler Toney and his college friends. Dude Perfect was founded in 2009 when the college roommates filmed a video of them doing trick shots while playing backyard basketball and posted it to YouTube to show their friends and families. The next morning, the Dudes were astonished to find that it had gone viral overnight. After posting more trick-shot videos, it did not take long for their channel to explode and to accumulate over one million subscribers. After five years, all five members—several of whom were newly married—agreed to quit their jobs and devote themselves full-time to Dude Perfect. As one of the Cotton twins stated, “We just felt like we were on to something and we just wanted to keep making fun videos.” The YouTube channel soon expanded from merely trick shots into comedy, contests, and much more. Today, the Dudes have accumulated almost 57 million YouTube subscribers—one of the largest on the platform—; have created several other side YouTube channels; regularly go on tour, entertaining audiences in the tens of thousands; sell merchandise and books; and create social impact by working with children’s hospitals and groups such as Make-a-Wish Foundation.

The story of Dude Perfect comprises a unique and inspiring illustration of entrepreneurship. The young college roommates did not try to find a niche, but rather a niche found them. When they recognized the want for more content, they committed to it and fulfilled that demand. Further, they have helped fill a gap in the entertainment world, creating high-quality and family-friendly content that appeals to people of all ages. Like true entrepreneurs, the Dudes are constantly looking for new ways to reach more people. As Ty said, from day one, “Each video had to be better than the last, and that’s honestly been our philosophy ever since.” Every day, their electric personalities and competitive spirits intrigue thousands. If we can learn one thing from these young entrepreneurs, it is this: sometimes big opportunities can present themselves when we seize seemingly small opportunities.

Cory Nieves, Founder and CEO of Mr. Cory’s Cookies

Cory has been able to cater to the masses by grabbing their attention through their stomachs. He first got started with selling hot chocolate in his neighborhood in Englewood, NJ because he wanted to raise enough money to buy a car for his mom. “I was tired of taking the bus,” he says. “And I wanted to help my mom.” He was able to expand on his offering and have cookies and lemonade for his customers. Cory and his mom did a lot of experimentation with many cookie recipes with his mom over a few months and he was able to find the best recipe and sell some delicious cookies to his customers. These cookies became a hit everywhere they took them, to races and festivals and many places where there clientele nearly doubled.

As you can imagine, Cory and his business got a lot of publicity not only because of his amazing cookies but because he was so young and had such a thriving business that so many try and achieve. In 2015, Cory was invited to be The Ellen DeGeneres Show. After his appearance on the show, the demand for Cory’s cookies sky rocketed more than they ever had. Cory also made an appearance on CNBC’s The Profit and earned Mr. Cory’s Cookies a $100,000 cash infusion. This allows for Mr. Cory’s Cookies to be able to launch a website, hire some cookie helpers, and ship their cookies across the country.

Mr. Cory’s Cookies now offers 14 different flavors of cookies and has very high hopes of expanding in the future. Although Cory’s business has done very well for itself, after he has graduated from college he has plans of leaving the company and starting something new. He did it once, what’s stopping him from doing it again?

 

A short little video of  tips Cory has for young entrepreneurs:

https://www.cnbc.com/video/2017/12/12/cnbc-the-profit-mr-corys-three-tips-for-young-entrepreneurs.html

 

 

Guillermo Rauch: Making the Web Faster

Guillermo Raunch is the founder of Vercel, a hosting company for web applications. Raunch’s desire is to make the web faster and streamline development. These two features rarely intersect. Typically, complex technology and skills are required to make a fast website. Through Vercel, Raunch has eased this process. With only a couple of clicks, someone can deploy their site, make it globally available, and optimized.Loupe 2019: Guillermo Rauch on Merging Design and Developement - YouTube This idea of simplicity is very new and unique. Some companies find it concerning. Others, however, are embracing it. They see the benefit of letting another company maintain their infrastructure so they can focus on their business. Facebook, McDonald’s, The Washington Post, Uber, and Tripadvisor are examples of companies that work with Vercel. Raunch also wants to make the development process more collaborative. This can be seen in the Vercel dashboard, which allows teams to see what others are working on and view previews of the changes.

Vercel Company Profile: Valuation & Investors | PitchBookUnlike other companies, Raunch believes anyone should be able to host a site for free. As such, Vercel offers a free tier that allows customers to host unlimited sites within reasonable limits. Paid plans are based on the number of team members a company has. This pricing is perfect for big companies and startups alike. It is also competitive with other platforms. Many have moved their sites to Vercel because of this reason alone. Another attractive feature is Vercel’s global network, which allows customers to distribute their website across the world within seconds. This is a particularly interesting innovation. Before, companies had to choose a single location for their servers. Vercel’s technology allows for multiple locations, each being optimized, updated, and maintained automatically.

Rauch has had quite a journey, both as an entrepreneur and as a person. To learn English, he read software manuals. At age eleven, he taught himself web development and started remote contracting work. Most of Raunch’s success, however, derives from Vercel. With his leadership, he has been able to gain 15 investors and $163 million in funding.

Sources:


https://www.businessinsider.com/vercel-zeit-pitch-deck-21-million-accel-github-ceo-2020-4

https://www.gv.com/news/vercel-founder-guillermo-rauch/

Nannies by Noa: The Unique Nanny Service

      Noa Mintz is a fascinating and truly inspiring millennial entrepreneur, who is currently a senior at Brown University. She grew up in the Upper West Side in Manhattan; at the age of 12 she created her own business, “Nannies by Noa”, which is currently a member of the Association of Premier Nanny Agencies. Her business serves affluent NYC families seeking well-educated and well-trained nannies on a regular basis. There are many different positions for the nannies ranging from part-time after school babysitting, to full-time 40 hours per week, Monday through Fridays.  

    According to a CNN Business article, Mintz’s idea came to her after her mother told her to “find a better babysitter.” Since Mintz didn’t like her own babysitter, she started looking for another one and later helped her friends find nannies too. She designed a thorough application process and started interviewing people for nanny positions. 

    Nannies by Noa’s application process is extensive. Understandably the application process requires multiple background checks, drug testing, but also includes three years in-home childcare experience requirement, two childcare employment references, a resume, an interview, and the requirement to be able to commit for at least one year. For example, there are a couple of active positions where some families have requested the nannies to speak French fluently. In many instances healthcare is also paid for by the families, which is unlike other major nanny services in the New York City area. Also, some families make arrangements for the nanny to have four weeks off for a vacation as well as the major federal holidays. Mintz has created a variety of different positions and services to best accommodate nannies as well as the families. 

   Nannies by Noa continues to thrive; even as Mintz is finishing up her last year studying Cognitive Neuroscience at Brown University, she continues to manage her childhood business. 

To learn more please check out…

https://www.nanniesbynoa.com/about/

https://money.cnn.com/2015/02/06/smallbusiness/nannies-by-noa/index.html

TommyInnit, taking the internet by storm.

Thomas Simons, also known as TommyInnit is a 17 year old boy with 10.9 million subscribers and is growing in popularity on YouTube at an incredible rate. This, however, was not always the case. Tommy has been doing YouTube since he was 9 years old and for multiple years he was just another drop of water in the ocean of YouTubers but what made Tommy different is the fact that he would not quit. Tommy found that the amount of YouTube channels was continually increasing and he wasn’t seeing much attention drawn to his channel amongst the vast amount of competition and decided to move from his first channel to streaming on Twitch at the age of 14 to try and get the attention of the gaming audience and developed over two thousand followers in the process.  The next year Tommy decided to take his audience back to YouTube and finally started the infamous channel, “TommyInnit”.  But his channel didn’t just grow by him leaving it out to dry, Tommy has heavily invested in his videos over the past three years and it has recently payed off as he seemed to discover the “algorithm” to YouTube and has also made some very famous friends on the web and thus has blown up from an extremely well earned one million subscribers in september of 2020 to now having a whopping 22.4 million subscribers over his seven YouTube channels. Tommy makes approximately $11,000 a DAY! Clearly, the hard work, pivoting, and idea changing that makes up the TommyInnit that we know today was deeply poured into over the past eight years of Tommy’s career have payed off abundantly!

Jason Li’s iReTron

As a sophomore in high school, Jason Li became a CEO. He cared about the planet and wanted to take action. He wanted to make people’s shift to sustainability rewarding. He came up with iReTon which allows people to sell their old technology for cash. He even went on Shark Tank, as a hiJason Ligh school senior, and got a $100,000 investment from Mark Cuban and Barbara Corcoran. He has also started another social enterprise, UProspie. He was able to capitalize on his ideas at a young age which is really inspirational.

He targeted the problem of people not knowing what to do with their old devices and disposing of them in landfills. iReTron allows people to sell, upgrade, or recycle their old device which is ultimately better for the environment. People just have to find the device they have, ship it in, and get paid for their product. iReTron then refurbishes the old devices and sells them to people at a reduced cost benefitting the buyer and seller. He streamlined the electronic recycling process making it easy for customers and more appealing.

Jason Li is an exemplary young entrepreneur. He is driven by his passion for the environment, and he acts on this by making sure the recycling process is constantly being monitored for quality. Since he created a business off of what he is passionate about, customers are drawn to him and his product. Li does not allow the business to create money off of the recycling process which shows he truly cares about what he is doing. He also values customer’s time which makes the process quick and easy for customers. His imagination and follow through make him a good entrepreneur.

Although he did not innovate recycling, he innovated the process for electronic recycling. He enforced the idea that you do not have to create a whole new thing in order to be an entrepreneur. An entrepreneur can stream line a process and create a new business cycle not just create new products. He showed that passion really does make a difference in a business. Ultimately, Jason Li is a star young entrepreneur, because he was able to create a change that benefitted the environment and is helpful to people.

Raelynn Heath: Rae’s Materials

Raelynn Heath is an 8-year-old girl from Missouri who started her own jewelry business at the age of 4. She specializes at making bracelets which she sells on Facebook and Etsy. Raelynn was recently featured in the “1 Million Cups Black Entrepreneurship Showcase” on Feb. 2

8, 2018, at the Ewing Marion Kauffman Foundation.

Raelynn started making her bracelets out of plastic but upgraded to using acrylic and bubblegum beads when she was 5, and even uses materials like polymer clay. Raelynn also enjoys upcycling items such as chip bags, duct tape rolls, and old clothes. Raelynn’s business is unique because she has a generous purpose in creating most of her work. She gives bracelets to community members who have experienced recent trauma. Her big heart is a motivating factor of her business. Rae’s Materials is also unique because Raelynn has created this business at such a young age. Being able to create these bracelets at the age of four is a special talent, and it is amazing that she is using her talent to help those in need.

Raelynn hopes to increase her business to other areas of fashion as well but knows that school is her first priority at the moment. She hopes to study in Paris someday and get a degree in fashion. It is impressive that Raelynn has such a clear idea of how she wants her future business to expand at such a young age. Raelynn’s mom is in the process of helping her get a business license for Rae’s Materials, and her mom suspects that she could be on her way to a millionaire at age 16. Raelynn’s hopeful outlook and creativity has gotten her far in her entrepreneurial journey, and she will continue to grow her jewelry business using her great skill.

 

The 50 Youngest Entrepreneurs in the US | Business.org

8-year-old Raytown entrepreneur strings together jewelry business (startlandnews.com)