Jason Li, who has a passion for technology and innovation, started his own company, iReTron, at the age of fifteen. iReTron buys old technology and electronics and refurbishes them to make a profit.

Jason immigrated from China to the US at only six years old. He said he has always wanted to be independent and contribute as opposed to taking for himself, which is why he started iReTron. Jason said he has had two main passions in his life: iReTron, and Judo. Jason made it to national championships in the US for Judo but unfortunately broke his leg. While he was in recovery, he read books about social enterprises, which is when he had the idea for iReTron.

Jason began by borrowing $2,000 from his parents. Two years after starting his business, Jason appeared on Shark Tank.

iReTron is catered to people who don’t necessarily want the newest iPhone or the best technology. iReTron buys old phones and other technology for higher prices than anyone else, making them the best option for selling your unwanted technology. iReTron makes it easy to sell your old phones in just three simple steps.

Jason has bottomed out his inventory many times, meaning that he has always been able to resell the phones and technology iReTron buys. Selling the product is easier for him than buying the product.
Unfortunately, Jason was unable to make a deal with one of the sharks when he entered the shark tank, and when he went to college, iReTron slowed to a standstill. However, that was by no means the end of his entrepreneurial career. Even now, as he is in college, he is working on a new startup. This resistance to giving up is a crucial quality for any entrepreneur. Your first, or second, or even third startup may not be the jackpot, but one day, one will succeed.