Archive for Young Entrepreneur – Page 12

Gabby Goodwin – CEO of Confidence

“My advice to other girls is to work hard, try your best, and remember NO is just an abbreviation for Next Opportunity!”

These wise words come from the 11-year-old entrepreneur, Gabrielle Goodwin. She is the CEO of Confidence, a business that sells innovative hair clips and hair products specifically targeted toward young girls. Her business came to be through her personal experience of losing hair clips. Hair accessories can be notorious for falling out of hair and disappearing, the beginning of the never-ending cycle of buying ridiculous amounts of hair accessories. Gabby was determined to fix this problem. Gabby and her mother came up with a new design of hair clips that would never fall out. Gabby’s success in her business clearly shows how real of a problem this is for mothers and their daughters around the world.

In addition to running her business, Gabby is a sought-after keynote speaker. She shares her story with others, in hopes of inspiring them to persevere in pursuing their dreams and ambitions. This is what drives her to keep running her business and making it better. Her initial idea of hair clips has now expanded into other products including: a hair product line, a children’s book, and a makeup box. Expanding her business is evidence that Gabby is not stagnant in her efforts, but she wants to continue to make her business better through hard work and harnessing her passion.

Gabby’s story is unique in showing other young girls that they can strive for their dreams like she did and still is doing. Many times, children become intimidated by their imagination, but Gabby is a great example of how ambition and drive can get you far, no matter your age. Additionally, her idea is unique in how she approached the design. She wanted the hair clip to have a design on both sides, and she wanted the clip to be effective in how it held hair. In pondering these two problems, she invented Gabby Bows that precisely solved them. Through Gabby’s personal experience, there was no other design of bow on the market that solved these problems, so Gabby decided to take on the solution herself in motivation to help her own hair needs and others. All these factors are what makes Gabby’s idea great. Through the process of coming up with a hair clip solution then arriving at the final product, Gabby showed strong entrepreneurial traits that simply cannot be taught. Her eye for the problem that needed to be solved showed her maturity and ability to carry out the innovative solution.

From Gabby’s story, I have been inspired to keep an eye out for the problems that I experience in my everyday life and to not be discouraged when I hear a “no”. I love that Gabby put such a positive spin on the word “no”, that is largely looked at as a negative. She spreads the message that when one door closes another one opens so that no one ever gives up on their dreams.

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Hart Main: From Wanting a New Bike to Creating a Six Figure Company

At the age of 13 Hart Main found himself in a pickle. Hart wanted to buy a bike but did not have the funds to pay for it. So, he set out to make some money. He got his big idea when he was making fun of his sisters girly scented candles. He realized that there was a lack of manly scented candles and he wanted to change that. His original motivation was trying to save money to buy his bike, but he fell in love with his new idea for manly candles. With the help of his parents Hart created and launched a new brand of manly candles. They were called Man Can. In the beginning Hart and his family put in a lot of time, effort, resources, and money to get their Man Cans ready for sale. Now Man Cans are sold in every state and their business is going very well. Hart has made enough money for more than just his bike.

What I love about Hart’s story was how he came up with his idea. He only wanted to buy a bike. But when he thought of his candle idea after a silly conversation with his sister, he knew he was about to create something so much more then what he needed to buy his bike. He had the entrepreneurial mind needed to recognize a good idea when it appears. I am inspired by the way his family cam together and supported his idea. His parents helped him every step of the way and did not push is ideas to the side simply because he was young. They supported him and helped him get his idea rolling. Together they were able to create a very cool product that not only Hart is supper passionate about but the whole family.

https://www.investopedia.com/10-successful-young-entrepreneurs-4773310

One Sweet Idea: Cory Nieves

Whereas most ten-year-old’s are playing video games and hanging out with friends, Cory Nieves found himself running his own million dollar business: Mr. Cory’s Cookies. At six years old, Cory decided that he wanted to help his mom buy a new car, so he started selling hot chocolate in his hometown of Englewood, New Jersey. Cory’s mom, realizing that he had an entrepreneurial spirit and a knack for business, encouraged him to continue selling hot chocolate to save money for college. Cory not only continued selling hot chocolate, but he also began selling chocolate chip cookies too.

Although Cory started off by “googling” cookie recipes, he’s since developed his own recipe that provides a sweet treat with a healthy component. Over 75% of the ingredients in Cory’s cookies are organic, and he’s even expanded his line to include more all-natural options for health-conscious customers, such as double dark chocolate and oatmeal raisin cookies.

Cory is not only a master in the kitchen but in fashion as well.  A quick scroll through Cory’s Instagram reveals his collaborations with some of the nation’s leading corporations, such as J. Crew, Macy’s, Pottery Barn, TOMS, and Ralph Lauren. Cory has also been featured in articles from The Huffington Post and even made an appearance on “The Ellen Show”.

The defining quality of Mr. Cory’s Cookies, however, is their mission to give back to the community. A portion of the profits fund organizations of Cory’s choosing, such as Bergen’s Promise and Children’s Aid Society. With each cookie, Cory is changing the name of entrepreneurship— and that’s just the way the cookie crumbles.

Benjamin Stern Creating Plastic Free Products with Nohbo

Benjamin Stern decided he wanted to help the planet while in 9th grade. Stern was watching a documentary in his biology class about the effects of plastic waste. He was horrified by the impact of plastic and decided he wanted to change the way we package products. He created Nohbo, a company that creates plastic-free single-use shampoo packets. The product is in a pod where the casingBenjamin Stern dissolves to release the product when in water. Nohbo has expanded from just shampoo to now also including conditioner and body wash in the pod format. They did not stop there though. They have created films of soap that turn into foaming soap when added to water and leave no remains behind. Nohbo’s expansion shows how innovation of one product can lead to a bigger need.

Benjamin Stern went on Shark Tank at just 16 years old. He even won the Young Entrepreneur Award from the governor of Florida. His determination to better the environment through a new technology makes him an admirable young entrepreneur. Having a sustainability niche creates a target audience that is definitely growing, so his product has both a clear purpose and aim audience which makes a good business model. Nohbo seeks to provide quality, sustainable products with great performance. He does not want the eco-friendly nature of them to deter from what customers are used to the products doing. Benjamin Stern values having a quality product for his customers.

Stern is a unique entrepreneur, because he was able to create an innovative product to combat a environmental issue. His product is unlike any other shampoo packaging as they all come in large quantity plastic bottles. By changing this, he has challenged the standards of the industry by promoting the environment. He exemplifies what it means to be an entrepreneur by challenging norms and being passionate. He has inspired me to want to challenge the norms that often promote hazardous behavior. He has showed me that innovation does not have to be a whole new product but could be a twist on something like packaging that turns into a huge new idea. He taught me that norms do not have to be the only way and that you are never to young to start creating change. Overall, Stern is an inspiring young entrepreneur who is making huge advances with Nohbo and the eco-friendly market.

You can visit Nohbo’s website to learn more about the technology behind the product:http://nohbo.com

 

The Pastry Chef

People have many ways to relieve their stress. A young girl named Gabrielle Williams found that her stress reliever was baking. Her stress was a result from bullying at a new school she started attending when she bowed her head in prayer before her meal. As she found that the baking would remove the bullying stress, she continued baking and trying new recipes from her grandmother. Her mother took her to women’s empowerment event where she encountered a young entrepreneur lady with the exact same name. The young lady’s last words were to “Dream Big” which gave Gabrielle the nudge to become a businesswoman.

Gabrielle went back to the kitchen and created a homemade frosting from scratch that was a hit, Chocolate Expresso Buttercream Frosting. After the frosting, she decided that she wanted to create her own business and in 2013 at the age of nine, Glorious Pastries by Gabrielle was born. The secret recipes are based on her grandmother’s and great grandmother’s recipes and some of the recipes she created on her own. The ingredients are all fresh and business emphasizes on the homemade goodness of the pastries. The pastry business was steady for several years, selling to friends and spread by word of mouth. Then in 2016, Glorious Pastries by Gabrielle was featured on the local news which expanded to ABC Good Morning America, Woman’s World Magazine, Washington Post, and many more. As her business’ fame grew, Gabrielle has had the opportunity to be a co-author to the book, The Science Behind It: Formulating Success at any Age and speak at several conventions about bullying and young entrepreneurs.

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There are many challenges that Gabrielle must encounter. Responding to negative feedback and skepticism about a business run by a young girl can bring about the difficulty in running a business. There are times when business is slow and there was a time where no orders were placed for several months. Gabrielle felt discourage enough that she debated on closing the business. But shortly later, she received a large order. Throughout the challenges for the young businesswoman, Gabrielle enjoys baking and takes pride in her business.

Glorious Pastries by Gabrielle website: Glorious Pastries by Gabrielle – Home

Michael Dell: Revolutionizing the Computer Industry

Some entrepreneurs do more than start a business—they revolutionize an industry. Such was the case with young Michael Dell, founder of Dell Inc.  From a young age, Michael Dell exemplified the innovative spirit of a budding entrepreneur, finding problems and solving them in unique ways. Through his entrepreneurial endeavors as a teenager and young man, Dell became a major figure in modern history. Specifically, Dell’s innovation in the computer industry played a critical role in the reshaping of the modern personal computer market.

At age 15, Dell bought his first computer, an Apple II—one of the first personal computers available at the mass level—for the purpose of disassembling it to see how it worked. Dell’s intrigue with computers did not end here, however. In 1983, Dell began studying pre-med at the University of Texas, in accordance with his parents’ desire for him to become a doctor. In his freshman year, Dell further cultivated his interest in computers by repairing and upgrading his fellow students’ computers. Before long, Dell’s dorm-room business venture had morphed into something far greater than a hobby. Dell noticed a tempting gap in the computer industry at the time. While people were beginning to use personal computers, nobody was selling them directly to the consumer. Computers were being sold indirectly to consumers through a middleman, creating an un-personalized and unnecessarily expensive market. Dell stepped into this hole by offering customized PC computers at a fair price directly to consumers. The success of Dell’s somewhat simple innovation was immediate. In his freshman year alone, Dell made approximately $80,000 of profit. At age 19, he dropped out of school and began to work full-time for his company, PCs Limited. Within a single year, Dell accumulated a staggering $6 million in sales revenue. After beginning sales over the web in 1996, Dell’s company—by this time renamed Dell Inc.—averaged above $1 million in sales every day. By 2001, Michael Dell was a billionaire who employed over 35,000 people.

Michael Dell at 24
AP Photo/Rebecca McEntee

Michael Dell’s entrepreneurial pursuits did not begin in college. Dell was characterized by a strong work ethic from a young age, obtaining his first job at age 12. In high school, Dell created an innovative newspaper subscription service, making $200,000 in profits in the first year. Dell’s success as a young entrepreneur was driven by a strong customer-first mentality. He looked for ways to deliver a high-quality product with an outstanding customer experience. As he would later go on to say, “At Dell, we believe the customer is in control, and our job is to take all the technology that’s out there and apply it in a useful way to meet the customer’s needs.”

Dell’s innovation in the computer market changed the way people thought about and used personal computers. Instead of computers being mass produced by manufacturers and sold indirectly to consumers through salesmen, computers were sold directly to consumers, who were able to customize how they wanted their computer assembled.

Young Michael Dell personified successful entrepreneurship—when he saw a problem, he did what he could to solve it by offering customer-oriented, innovative solutions. What began as a small business in a college student’s dorm-room was transformed into a global business that has served millions of customers. As Dell said, “You don’t have to be a genius or a visionary or even a college graduate to be successful. You just need a framework and a dream.” Dell’s example is an inspiration to young entrepreneurs today. As a young man, he spotted potential problems and sought ways to fix them. Though certainly not every entrepreneur will be as successful as Michael Dell, young entrepreneurs can learn from his example and apply these lessons to their own pursuits.

George Bailey, creating a wonderful life.

The name George Bailey may remind you of an old Christmas movie but I assure you that the co-founder of Coral Eyewear is much more. George, born in Manchester England in 2000, saw the detrimental cost that plastic fishing nets lost in the ocean, as well as landfills full of plastic has on the environment. He sought to get rid of this problem while also creating a product that is marketable and thus, Coral Eyewear was created. Coral Eyewear is a company that takes recycled fishing nets and old plastic in landfills and repurposes it to make stylish, comfortable, and environmentally beneficial sunglasses. Bailey saw the problem of this wasted plastic for a long time and spent multiple years putting this problem on the backburner of his mind until the solution popped out at him. George was shocked to find that the idea didn’t exist already and, seeking to not just be environmentally friendly, but rather, “planet-positive”, he immediately jumped on the idea after receiving a £50,000 donation from his colleges entrepreneurship department to get it started. George Bailey currently has his Coral Eyewear product line in over 100 stores in the U.K. and plans to continue making large planet-positive strides as long as he can.

Adelle Archer, CEO & Co-Founder of Eterneva

“It’s in Tracey’s honor that I’m working to help thousands of families preserve their own loved ones’ legacies.”
— CO-FOUNDER ADELLE ARCHER

The way that this thoughtful and powerful business came to be is through the loss of Adelle Archer’s mentor, Tracy. Tracy was diagnosed with stage 4 pancreatic cancer at only the age of 47 years old. Tracy was set to do many great things during her life but she was worried that she was not going to be able to create a great legacy for herself. Tracy was soon reinsured of how many lives that she had impacted by people sending her letters of how she had affected their lives. After Tracy’s passing, Adelle was the guardian of Tracy’s ashes and she had them turned into a black diamond ring to capture her sparkling spirit and for close keeping.

Eterneva was created for those that have lost loved ones to have the ability to have their ashes that have been turned into a diamond to either hang around their neck as a necklace or be worn around their finger as a ring. This company is not just mass producing meaningless diamonds, they are caring for each and every individual’s loved one’s ashes. This process only requires two tablespoons to a half of a cup of ashes or hair to be able to turn them into beautiful and meaningful diamonds. This process takes about 7-10 months to complete. Also, this process starts at a cost of $2,999 . This company has 5 steps to get this memorable and meaningful piece to you including the following:

  1.  Receive your welcome kit – You receive a package including a video, instructions, return postage, and the needed tools for you to send them your loved one’s ashes.
  2. A remarkable transformation – They isolate the carbon from ashes, which will start the process for the making of the diamond(s).
  3. A diamond emerges – This is when the magic of the process is truly revealed in the raw diamond that is created.
  4. Cut, polished, set by masters – Your diamond is cut in Antwerp, graded and engraved, possibly colored and set in personalized jewelry.
  5. An unforgettable homecoming – This is when your jewelry is returned to you.

Eterneva was named Consumer Startup of the Year by the Stevie Awards and was featured on the show “Shark Tank,” where it received an investment from Mark Cuban. Although Adelle has created a company, her accomplishments do not just revolve around her business. At only the age of 23, she graduated as valedictorian with her MBA in Entrepreneurship from the Acton School of Business, which is considered the ‘navy seal’ program for future entrepreneurs. She than spent 4 years as a Product Marketing leader in Tech, where she was able to launch major products to market with partners like Amazon, eBay, Square, Facebook, Pinterest, and Twitter. Adelle has been able to provide her customer with an experience that they did not even know they needed in their life, she has made it possible to always have the ones you love right there with you.

 

Eterneva’s About Video

Eterneva’s Process Video

Omari McQueen: the 12 year old author, chef, and CEO


12-year-old award-winning Omari McQueen is making history and inspiring millions with his thriving vegan food brand, Dipalicious.

After his mother became sick, Omari McQueen, at the young age of 7, began cooking for his family. This was the beginning of a passion and love for cooking. One year later, McQueen, at age 8, went vegan after learning how animals were treated for food and clothing. He found that veganism could help his mother and began to cook vegan recipes for her. McQueen’s passion of vegan food soon led to the start of his YouTube channel, Omari Goes Wild, in 2017 where he posted vegan cooking videos. This same year, he founded Dipalicious, a food brand that offers vegan Caribbean fare. His main purpose with the company was to create great tasting food without putting animals in danger. McQueen says, “The thing that inspired my recipes is bringing people together with good food without harming animals”

Omari McQueen’s dedication to his craft did not end there. In the summer of 2017, Boxpark’s CEO Roger Wade invited and financial supported the young entrepreneur to host a weeklong pop-up at Boxparks’ Croyden location. McQueen also went on to write his very own vegan cookbook, Omari McQueen’s Best Bites Cookbook– another “dream come true” for the young chef. “I’ve achieved a goal as I’ve got dyslexia I found it hard spelling stuff out and reading things,” he says. “But I wrote the whole thing and got it done and I’m so proud of myself. I’m bringing people together with good food without harming animals with that book, with easy-to-make recipes in there, and my favorite recipes.”

All of McQueen’s hard work and dedication over the past few years have truly paid off. He has earned himself the title of the youngest award winning vegan chef in the UK. In addition, McQueen has gone on to receive several awards such as the TruLittle Award, the Compassionate Kids Award, and the Proud and Gifted Award.

Omari’s drive is an inspiration for all. He is a true encouragement to the many young entrepreneurs looking to start a business of their own.

 

Carl Pei: Creator of Revolutionary Tech Brands

OnePlus co-founder Carl Pei confirms he has left the company | TechCrunch

Carl Pei

Carl Pei co-founded Oneplus, a young cell phone company driven by their slogan: “Never settle.” Although the idea of the smartphone is nothing new, Pei innovated by creating an enthusiast brand. He focused greatly on pricing and quality. Essentially, Pei removed the middleman and used his own e-commerce platform. Another innovation Pei pursued was investing capital into his product instead of marketing. In a Business Insider interview, he explained:

It’s more genuine and efficient to make a good product and have your customers spread the word instead of spending on banners and TV ads. That’s what we’ve always bet on.

OnePlus 1 - Technical Specification - OnePlus (United States)

The first Oneplus phone

Through these strategies, Oneplus has been able to offer premium phones affordable for most people. In addition to accessibility, Pei is driven by community, design, and feedback.  These ideals made his customers feel valued. Oneplus, as a result, grew exponentially. In one year of its first product, the company sold almost 1 million units. Popularity was so high that customers were competing for inventory.

Although Pei gained early success, massive adoption for Oneplus was difficult. The brand primarily attracted technology enthusiasts, offered a single product, and faced a competitive industry. Eventually, Pei pivoted by expanding Oneplus’s offerings. They now provide different tiers of phones, earbuds, and smartwatches. This change, however, caused many to believe Oneplus is more motivated by money than their community.

As of October 2020, Pei left Oneplus to start a new company called NOTHING. NOTHING is similar to Oneplus in that it is branded for enthusiasts. They also seem to care more about their customers than revenue, at least for now. Their only product is a pair of wireless earbuds. Unlike competitors, NOTHING has implemented noise cancellation and 34 hours of battery life for only $99. Support for Pei’s new venture has also been strong, even though he has done little marketing.

Pei’s entrepreneurial story shows how innovation can take many shapes and forms. Although he did not invent the smartphone or wireless earbuds, his products are unique in that they took a different approach. This shows how an entrepreneur can be innovative through their process, application, and action.

 


Sources:

https://www.businessinsider.com/a-28-year-old-dropout-has-allegedly-made-the-worlds-best-smartphone-2018-8

https://techcrunch.com/2021/07/06/nothing-founder-carl-pei-on-ear-1-and-building-a-hardware-startup-from-scratch/

https://www.youtube.com/watch?v=9EOAEWC9hJ4