John Jones and Elliot Young were just freshman at Wheaton College, located just outside of Chicago, IL, when they decided to start a company benefiting diabetics around the globe.
Jones, a Type 1 diabetic himself, was all too familiar with the day in day out struggle of protecting his supplies and the shame that was brought upon by carrying a large medicine bag. Diapack is a product that refrigerates and stores medicine for diabetics in a safe, functional, non-eye catching way.
These two students brought their idea to Wheaton College’s Shark Tank competition and Elevator Pitch competition. They won Shark Tank and was mentored by some of the world’s biggest medical startups. After the Elevator Pitch competition Jones and Young were offered $30,000 by a VC, which would fund 30% of their company.
However, the boys said “No thank you.”
They said “by declining the offer we believe we gave ourselves the opportunity to rethink what it means for us to be entrepreneurs. I also suppose, deep in our hearts, we did not feel prepared to be full-time entrepreneurs while going into our sophomore years at Wheaton” (Wheaton College).
Even though the boys turned down a once-in-a-lifetime offer, they had their priorities straightened out. And who knows, Diapack might start up after the young men graduate. However, I admire Jones and his ability to see an issue, and instead of sitting back, to act upon it. The innovation that came from a problem affecting thousands of people because one college freshman was fed up, is deeply inspiring. I personally struggle with letting the fear of the unknown get in the way of innovation. But Jones and Young did not let the fear of the grandeur of the medical world stop them from creating a product that could reinvent how diabetics live everywhere.
I believe that college students here at Grove City College, and around the world, could take a few notes of what these young men have done. There are problems all around us, we just need to develop the ability to see them, feel the pain, and make a change. I think another thing we can learn from Jones and Young is to not let our potential future fog what is right in front of us. The men had a great idea that can make a huge difference in the medical world, but they believe God has them where they are right now for a specific purpose and decided to embrace that.
Am I saying their decision to turn down the VC funding was the right one? Not necessarily, however, I am saying that we have been called to live in the moment and not worry about tomorrow. God has given these men a talent and a passion that could turn into a successful career, but He has also blessed them with the opportunity to go to a well respected College, to learn, and to grow, and they are taking a hold of that.
Seek out pain, make a difference, but do not forget where you are and what you are being called to right now.
Wheaton College. (2018, September 17). A Different Kind of Growth. Retrieved October 9, 2018, from https://www.wheaton.edu/news/recent-news/2018/september/a-different-kind-of-growth/#.W50lUHq2Fqw.facebook
I agree. Personally, finding out what you are made to do in your life means focusing inward rather that outward on things like that.
I thought that it was awesome that Jones used his own pain and struggle to come up with an idea to solve his problem. I personally think that they should have taken the offer from VC for $30,000 because you never know if the opportunity will happen again.