Alexa Von Tobel, who received an A.B. in Psychology at Harvard College, is a prime example of a young entrepreneur. She came up with the idea for LearnVest while working at Morgan Stanley when she realized she and most other people had never had any formal education about how to manage their personal finances. From this stemmed an innovative company. Alexa von Tobel entered Harvard Business School, but ended up taking a leave of absence too launched LearnVest.
LearnVest is a financial planning company, which Von Tobel founded. It sells personal finance software to those who don’t know how to handle their personal finances. What sets this company and idea apart from others is that with LearnVest, financial planning is geared to be affordable, accessible, and even delightful for everyone who uses their services. Whether you need help to budget better, save for big trips, maximize your investments, or something in between, the company goes above and beyond to let you know that they are there to help you make progress on your money. LearnVest, unlike other finance companies focuses on not only keeping track of your finances, but educating you on how they are handled and how they can be improved.
Alexa Von Tobel has been included in many prestigious list such as Business Insider’s 2010 “Silicon Alley 100,” Inc. Magazine’s “30 under 30: The Top Young Entrepreneurs of 2010,” “Women to Watch” by Forbes, “18 Women Changing the World” in Marie Claire, and BusinessWeek’s annual list of “Best Young Tech Entrepreneurs.” In 2012, she was selected as a Fortune “Most Powerful Women Entrepreneur”. Von Tobel demonstrated traits such as a knowledge of a lack of fulfillment of a need/want, ambition, and passion. Traits and principles which I believe all entrepreneurs should possess. For these reasons, Von Tobel eventually went on to be selected as an inaugural member of the Presidential Ambassadors for Global Entrepreneurship.
This is a brilliant idea! There are so many people that know so little about how to handle their finances. It’s amazing that she quit studying at Harvard in order to start this business. She must have really believed in the idea! It seems as if she made the right decision.
I think this is a great idea! I know that I would really benefit from this program. She seems to know that people in the today’s society need this form of education and she is doing her best to offer up that education!
It’s awesome that someone is doing something to help people with investments. There is a big knowledge gap in investment between the top investors and your “average Joe”. It’s awesome that someone has created a way to help bridge that gap.