https://www.instagram.com/p/BMWitPuAP-r/?taken-by=thebucketlistfamily

You probably know him as the father from The Bucket List Family, a very popular Instagram and social media family who travels the world and records it. However, the backstory of The Bucket List Family, and specifically Garrett, is a very entrepreneurial story.

He enrolled at BYU in 2011, it was there that he was starting to explore some of the different apps that smartphones had to offer. Also during that time, QR or UPC barcodes were on the rise and people were using a certain app to scan those codes. However, Garrett found that the app was “quite ugly and I didn’t like it.” And so, partnering with two of his classmates, they started work on designing a scanning app that would be better and faster. This was also right before the iPad 2 was released, and Garrett knew that the app market would be ripe. It was downloaded more than once per second when it was released. In the first two years of this app being on the market “Scan Inc.” made more than $8 million from investor funding, but no money specifically from the app. They upgraded the app in those two years and then re-released it at a $2 price tag. They made $60,000 a month and the app was No.1 in its category in the world. In December of 2014, they sold Scan Inc. to Snapchat for $54 million.

Garrett split all the money with his partners and after investing and putting aside money for the future he decided to take his family on a world tour, and they have become known as “The Bucket List Family.”
Garrett saw the problem of a poorly designed but much needed app and saw the opportunity of the iPad 2 coming out and capitalized. With hard work and vision he became very successful.

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http://www.deseretnews.com/article/865629386/BYU-student-parlays-app-idea-into-a-life-changer.html?pg=all

http://www.investopedia.com/slide-show/young-entrepreneurs/