Archive for Young Entrepreneur – Page 7

Ryan Hickman, The Youngest Entreprenuer

Ryan Hickman may well be the youngest entrepreneur in the market today. At only 3 years old his whole life changed with a little consideration for the environment. As a 3 year old he had more entrepreneurial creativity than many people do in their thirties. He began by picking up bottles around his neighborhood because he didn’t like the look of the trash in the streets and parks. This began an explosion of ideas and only 8 years later he is a worldwide sensation. An 11 year old kid has his own recycling and clean up business including weekly beach clean-ups, donating money to marine mammal rescue efforts and raising awareness for the environment. His drive comes from his love and passion for the environment which is more noble of a cause than many, and that should be an inspiration to anybody looking to be an entrepreneur. He is an 11 year old kid doing more for our world than just about anybody, let alone 11 year old kids.

Ryan owns and runs “Ryan’s Recycling” but also just released a new non-profit “Project3R” which is focused on recycling education. At only 11 years old this kid has multiple companies, both commercial and social and is only growing. Ryan is the perfect example that a small idea can build a huge company. His quick action of picking up some trash out of the street led to multiple well known companies spanning across the entire nation helping make our world a little cleaner. His business plan includes the expansion from recycling is an incredibly safe plan, as the recycling business is still being explored. Branching out has allowed him to get grips on other markets so he doesn’t rely on recycling alone. However, with his foothold in the still unexplored business of recycling he can forge a new path and be the first to revolutionize and change the business for the better. Ryan is an incredible kid, being only 11 years old with two separate businesses, cleaning up the Earth piece by piece.

Have you seen these shoes?

Have you seen these shoes?

These are BANGS Shoes, created by Hanna Davis. After teaching in China, she noticed the green canvas work shoes worn by locals and was inspired to create change. She came up with the idea to use shoes to help workers provide for their families and build self-sufficiency in other countries. Backed by her family, she was able to invest in an initial shipment. She had a website, business cards, and a model. She paid the manufacturing fee and was delivered no product.  As she started over and began to save again, she worked as a bartender. One night she struck up a conversation with an elderly couple who took an interest in her. They began to ask her about herself, and Hanna began to grow uneasy at the targeted questions, not wanting to disclose the specifics. She took down their information and later that week, decided to look him up. The man turned out to be a retired VF executive. VF is a corporation that owns outdoor adventure and apparel companies such as Vans, Supreme, The North Face, Jansport Dickies, and more. Two months later, George and Gayle Darrah become signed investors and business partners.

Prehistoric High Top Sneaker | BANGS Shoes

BANGS Shoes comes from the Chinese character “to help” and the brand prioritizes self-sufficiency. They source their materials ethically and employ the working class to help manufacture their products. They then take 20% of their profits and loan them through a non-profit to help other entrepreneurs get started. They have helped over 5,000 entrepreneurs in over 12 different markets in 79 countries.

Today, BANGS can be found all over Instagram, promoting outdoor adventure, encouragement, and positivity. Their unique shoes are a talking point and a casual staple in closets. On their webpage, they feature which rotates to highlight one of their entrepreneurs. Another section, titled “15 Things You Can Do Right Now” encourages movement and connection. Through its mission statement and engagement with customers, the brand effectively uses its platform to help others and create positive change in local economies.

If you would like to check them out you can find their Instagram Here

Or click to view their Website.

Garrett Gee

Garrett Gee was a 21 year old student attending Brigham Young University in Utah when he saw that there was a new iPad launching back in 2011.  Gee had already been thinking about how bad the current QR code scanning apps were and saw this as an opportunity to be one of the first people to create an app for the iPad 2 that was compatible and useful. Garrett did this under the assumption that Apple would post their top 10 apps for the new device like they had in the past and, when it came out, he spent two sleepless nights in a row to make a properly functioning QR code scanner and titled it “Scan”. Sure enough, quickly after the iPad was out, he made it onto that list of apps. Gee then took this to Shark Tank where he quickly was rejected, however, he did not stop there. Garrett kept developing the app and soon after the rejection of the Sharks, he was offered 54 million dollars to sell his app to snapchat.  Garrett Gee is a great example of a risk taking entrepreneur that didn’t give up, but rather, found ways to pivot until he succeeded!

The Man Can

Hart Main was 13 years old when he saw his sister selling “girly scented” candles for a school fundraiser and decided to tease her about candles being so girly, however, that sparked an idea. He very quickly developed the idea of a candle that has scents catered to men and called it the Man Can. Main and his parents didn’t have too much money to put into the idea, so they started using soup cans to fit the candle inside and still uses them to this day. Harts business quickly blew up and, at age 17, has now been making 6 digit figures annually for the past 3 years and the numbers are only going up. Main has not been keeping all of this money for himself though, rather, he donates a portion of it to community kitchens in Ohio, Pennsylvania, West Virginia, and Michigan. Hart Main is a great example of an entrepreneur that didn’t just let an idea sit in the back of his mind, but rather, he acted upon it and the payoff of that action was much more than he ever could have anticipated!

Langston Whitlock: co-founder of Safetrip

19-year-old engineer Langston Whitlock is the co-founder of Safetrip, the world’s first healthcare transportation app geared towards helping the homeless & elderly. The app allows patients, caretakers, and health care providers to book non-emergency and emergency medical transportation. Users are offered premium vans, cars, wheelchair accessible vehicles and ambulances and have the option of paying with insurance. Safetrip, based in Georgia, is changing the game for healthcare.

The idea for the app came when co-founder Ja’Nese Jean met a homeless veteran without access to healthcare. Jean began brainstorming ideas and brought together a team which included Whitlock because of his skills, talent, and passion for technology. From there, the idea for Safetrip developed. Since it began, the company has rasied over $2 million, a large part of this is thanks to Whitlock’s technology. He began coding when he was only 12 years old when he built an anonymous messaging app to contact his absent father. Since then, his passion has grown ever stronger for it. Whitlock says “Whatever you’re good at is likely what you’re called to do, and never give up. Even if your dad walks out of your life, pray to God and try to move forward with your life. God will provide resources.”

Additionally, Langston Whitlock was one of the youngest founders named to Forbes 30 under 30 in 2019. He can be seen as an inspiration to all, especially teenagers, of achieving your dreams doing something you love.

Mo’s Bows

Moziah Bridges was only nine years old when he founded Mo’s Bows, a high-end bow tie business based in Memphis, Tennessee. Mo’s grandmother, a retired seamstress, taught him how to make bow ties when he was young, and Moziah soon developed a strong passion for fashion. Mo’s Bows creates quality handcrafted bow ties and the business has flourished since its founding in 2011. Moziah is currently 20 years old and serves as the company’s Chief Executive Officer.

Originally, Mo sold his products on Etsy but, pivoting from his original model, soon opened his company with the help of his mom. To this day, all of Mo’s bow ties are handcrafted by him and his mom. After founding the company, the charismatic young Moziah began seeing massive growth and publicity. Mo appeared on numerous major networks, including The Today Show, Good Morning America, and the Disney Channel. Since its founding, Mo’s Bows has amassed over $700,000 in sales revenue and has an estimated net worth of $2 million.

In 2015, 11-year-old Mo and his mom appeared on Shark Tank for Mo to pitch his idea to the investors. This led to Shark Daymond John, an American investor and businessman, signing on to Mo’s business as Mo’s mentor. Additionally, Mo served as fashion correspondent for the 2015 NBA Draft and made custom neckties and bow ties for all NBA teams by 2017. Since 2012, Mo has used his income to help children in his hometown area attend summer camp. In 2019, Mo published a book for young entrepreneurs entitled Mo’s Bows: A Young Person’s Guide to Startup Success. In it, Mo talks about his journey as a young entrepreneur and how young entrepreneurs can succeed in their own businesses.

Moziah has honed his unique skills to create a brand with strong personality and distinctiveness. Mo’s story is a good example of ideation for young entrepreneurs. On Shark Tank, Mo gave this advice to other young entrepreneurs:

Figure out what you like doing and find out how you can make money doing it.

This is exactly what young Mo did. He took a skill he had and created a high-quality brand that has taken off. While not all young entrepreneurs may become as well-known as Mo, we can all be inspired by his persistence and innovation in a highly competitive market.

Brian Chesky and Airbnb: Providing Cereal and Homes to Rent

Brian Chesky - Airbnb NewsroomBrian Chesky created Airbnb in his own house, supplying an Airbed and Breakfast to guests for only $80 a night. Being unemployed, this allowed him and Joe Gebbia to pay for their rent. Chesky believed the idea of Airbnb could evolve into a digital platform. After launching it the first time, he and Gebbia noticed it struggled to gain trust and traction. Chesky has publicly shared this was a stressful time for him. He remembers having a binder full of credit cards, an enormous amount of debt, and trouble attracting investors. During the Democrat National Convention in Denver, however, Airbnb started to gain success. This was mainly because a level of trust existed between Obama supporters opening up their homes for other Obama supporters.

As bookings started coming in, Gebbia and Chesky contemplated what their hosts should provide for breakfast. They decided on their own branded cereal: Obama O’s and Cap’n McCains, which were the two presidential candidates at the time. Chesky contacted a variety of cereal companies, including Kellogg’s and General Mills. Yet, they were uninterested. To improvise, Chesky and Gebbia bootstrapped the cereal by handling the designs, supplies, and logistics independently. This endeavor had decent success, amassing $30,000 for Airbnb.

The climax of Airbnb’s beginning was their first round of funding from Y Combinator: an incubator that provides mentorship and financial support for early startups. Since then, Airbnb has grown to become a $100 billion-dollar company. When sharing his story, Chesky confesses this success did not come easy. Many people told him Airbnb was the worst idea ever. Chesky has said:

We had really smart, credible people out their telling us “No.” Had we listen to them, there might not be Airbnb today.

Airbnb shows how an entrepreneur must be flexible, persevere, and learn from failure. If an entrepreneur neglects these attitudes, their business may not last.

Sources


https://getpaidforyourpad.com/blog/the-airbnb-founder-story/

https://www.businessinsider.com/airbnb-ceo-brian-chesky-30-billion-startup-2016-8

Ryan Kelly: 10-year-old Founder of Ry’s Ruffery

Ever since Ryan was a young boy, he had an interest in selling products. He was known for setting up lemonade stands in his neighborhood and selling Halloween candy on the school bus. It was no surprise to his family that he was the one of the youngest kids to ever appear on Shark Tank.

Ryan started his dog treat business when he got his first dog named Barkley. He had this idea after he purchased a bag of regular dog treats that were not up to his (or Barkley’s) standards. Ryan couldn’t stand the smell and Barkley wasn’t all that interested in them either. Ryan began testing combinations of flavors to make Barkley happier.

Once Ryan found the perfect combination, he took it to Shark Tank to gain some support. He got Barbara Corcoran to invest $25,000 into his business!

Ryan is the perfect example of taking the jump on your ideas even if you don’t have all of the details worked out- just start!

 

Alina Morse Creates Zollipops: Lollipops Minus the Sugar

As a 7-year-old, Alina loved candy but knew that excess sugar was bad for her. She turned her love for candy into the driving force for creating a healthier alternative. She used the $7,500 in savings from her grandparents and chased her dream.

She created a fruit-flavored lollipop sweetened without sugar and began selling them in Whole Foods, SuperValu, and Amazon. She was so successful that First Lady Michelle Obama invited her to the White House as an official guest on two separate occasions!

Alina took a passion of hers and ran with it. She knew that if she wanted a healthier alternative to candy, chances are other people do too.

 

Lily Born Innovates to Help Grandfather with Parkinson’s Disease

Ever since Lily Born was 8 years old, she saw her grandfather struggle with Parkinson’s disease. Her grandfather had trouble completing daily tasks, most notably drinking water. She set out to design a new cup that wouldn’t tip. She used moldable plastic to make a model and a year later, she made a ceramic version. She called the final version the “Kangaroo Cup”.

This story emphasizes the problem-solving nature of entrepreneurs. She even followed through past the point of helping her grandfather but helped many others who struggle to hold a drinking cup still.

Lily wants other entrepreneurs to know that innovation doesn’t have to be groundbreaking, it can be as simple as a plastic cup.