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 hi
gh 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.
Great article very in-depth and thorough. What a great business idea! I like how you mention that although Jason did not create the idea of recycling, he created a better way to recycle electronics, I also like how you talked about iReTron and what makes it unique and successful.
Overall great post very interesting.
I find it incredible that he was making his idea into a reality while still in high school. He found what he was truly passionate for and was not afraid to go after what he wanted.