Ian McCue is a successful young entrepreneur. His predisposition to entrepreneurship appeared at an early age. In high school, he was frustrated by how what he was learning wasn’t practical. He believed that there needed to be more focus on practical things like STEM and coding. Eventually, he switched to a STEM-focused high school, but that doesn’t mean his idea went away. As a result of his predisposition to STEM, he attended many Coding camps. He found that these camps were charging absorbent prices and they did not provide enough value. This is where McCue’s entrepreneurial ability comes on display. He was good at coding and understood how important coding was. He then found a problem. There was a lack of good coding camps on the market. This is where his entrepreneurial mind is displayed. Many people identify a problem, but he acted on it. At the age of 15, Ian McCue decided to create Spark Skill. Spark Skill is a camp that teaches students how to code. This camp gives students real programming knowledge at a fair price. Instead of cramming a bunch of students into one room with poor computers. Spark Skill maintains an 8:1 student-to-teacher ratio to maximize the amount of individual assistance each student receives. He found problems with the way that STEM camps and addressed them in his unique way. Ian is an inspiration because he demonstrates how it doesn’t matter how young you are, if you find a problem you can start your own business to solve that problem at any age.
Information found at: https://www.forbes.com/sites/robynshulman/2017/08/01/how-this-15-year-old-teenager-built-a-profitable-edtech-business-in-1-year/?sh=b8ee7dc26c6d
This is an interesting example because he didn’t reinvent the wheel, he just identified an inefficient market and created a model that was efficient enough to best the competition.