Archive for Entrepreneurship

Ryan Lecchi: The Medical Engineer

This week I wanted to look for someone who has innovated the medical community so when I found Type Strong, I knew I needed to write about it. It’s founder Ryan Lecchi was diagnosed with Type 1 diabetes his senior year of college in 2019. Ryan was very active in college and kept running into the issue of his CGM sensors getting knocked off while playing. The monitors are very expensive, and Ryan started using some other adhesive patches with some flaws and he thought he could design better ones. This is where he put his Mechanical Engineering knowledge to work. Eventually he was able to come up with a system to make the patches and soon after he released them to the public. Type Strong makes adhesive patches that go over most diabetes devices including the Freestyle Libre, Medtronic Guardian, Dexcom, Omnipod and Insulin Pump Sites. Ryan mentioned he had no idea what to do when it came to the business side of things. What helped him out was that he was very passionate about product design and functionality and on the outside, he seemed to know everything when it came to the business side. He was able to obtain the Covid-19 stimulus payment to start things off as well as support from his universities I2N an Entrepreneurship101 online program.

Early and Current Success:

At first it was slow going in terms of sales, selling only a couple of packs of patches per week. Now Type Strong has a huge online market in Australia and as of recently Type Strong can ship to most other countries. Type Strong is also stocked in other online retailers such as Diabetes NSW & ACT and many pharmacies across Australia. Type Strong was named as a top 4 Finalist in the Small Business category of the 7NEWS Young Achiever Awards NSW ACT in 2022. Type Strong as grown a lot since then and recently have gone into the business of selling pouches to hold insulin pens and needles.

Concluding Thoughts:

Type Strong is a perfect example of seeing a pain/need and innovating off of that which is very inspirational. I hope that this article can show that nothing is always easy, but nothing is impossible.

Matt Mullenweg: The founder of WordPress

Where it all began

Born and raised in Houston Texas, Matt had a seemingly normal childhood to most. He was introduced to the technological world through his father who was acomputer programmer. Eighteen-year-old Matt loved to blog on a platform called b2/cafelog. This site soon was taken down by the owners and this is where Matt decided to launch his own site with the help of his friend Mike Little. In 2003 he and Mike soon built what we know as WordPress, and it was widely received by the public. Matt was only eighteen at the time of founding WordPress and he was still in high school. Due to his chronic migraines Matt was absent from school and this could have kept him from graduating but he was able to push through. After high school Matt continued his education at The University of Houston and chose to study philosophy and political science. During college Matt still worked on WordPress and grew more and more detached from his schoolwork. This lead Matt to drop out of college in 2004 to focus on WordPress entirely.

At nineteen years old Matt was offered a job at CNET in San Fransico which allowed him to work part time on WordPress. He stayed at CNET for only a year as he wanted to work full time on WordPress. Matt began building his team adding former Yahoo! executive Toni Schneider to join as CEO. Over the years Matt has joined several other ventures such as Automatic, GitLab, Global Multimedia Protocols Group, and helped launch Ping-O-Matic. Ping-O-Matic is a mechanism to help notify search engines about blog updates. These ventures led to Matt having an amazingly successful career with WordPress. WordPress powered about 40% of the internet in 2021 so one can only imagine how much it has grown in just three years. Approximately 400 million people visit WordPress sites each month. Overall, Matt Mullenweg is someone that is forgotten by most but as we can see and use in class WordPress is a very collaborative and easy service to use.

 

 

Asia Newson

Asia Newson was just 5 years old when she began her business career selling candles. She saw her dad, Michael, selling candles door to door in Detroit and wanted to learn and join. She was very successful and when asked what her sales pitch was she said “Hi, my name is Asia Newson, and I’m known as Detroit’s youngest entrepreneur.” She also showed great understanding of business concepts, explaining that it can sometimes come off scripted so she tries to incorporate her own personality and approach.

Now 13, Asia Newson has expanded her little candle business into something bigger then just a company. Super Business Girl is more then just a candle company profit, it is a training model made and designed to help and train other young kids aspiring to be entrepreneurs to go out and make their own money. The company is family run with Asia as a Co-Founder and CEO of the company and  with her mother, LaTasha Thomas, as the president, her father as director of sales. Her signature candle is a three-layered pink, yellow and blue candle in customized company jar that she sells for $14.99. She has four other candles that she sells, white tea, southern apple, sweet mango and cotton candy. They sell for $9.99 on her website, however her store is not limited to just candles with things like T-shirts, bags, mugs, jewelry, and more!

Asia Newson is also passionate about giving back to her community, 5% of all of her profits go to charities that help other kids with food and school supplies needs. Super Business Girl  also holds youth entrepreneurship workshops designed for middle- and high school students to help encourage entrepreneurship in their lives. Its purpose is to help teens by giving them tools to create their own opportunities, manage their finances and have funds for college while having fun! Asia Newson’s commitment and determination to help her communities by utilizing the skills she was given is inspiring.

Gossy Ukanwoke

Gossy Ukanwoke was born to a teacher father and a pharmacist mother in Umuahia, Abia State, Nigeria where he studied at the Living Word Academy Secondary school. He later obtained a bachelor’s degree in management information systems at Girne American University, Cyprus in 2013. In 2010, while still attending university, Gossy founded the Students Circle Network, an academic social networking service meant to help teachers, students, and institutions to connect, which led ITNews Africa to name him “Africa’s Best Tech Entrepreneur” the next year. After completing his university studies, Gossy founded BAU Research and Development, through BAU he founded Beni American University, the first online university in Nigeria, with the goal of helping to equip students with the skills they need to graduate without the boundaries of a physical learning environment. Later, Gossy launched the Alistair Maine Group to invest in leisure, hospitality, and lifestyle in Lagos. He later was named the Managing Director of Nigeria’s sports betting company, BetKing. Throughout his career Gossy has spoken on entrepreneurship panels, given large keynote addresses, and been invited to speak at a business conference on Africa by the Harvard Business School. Gossy Ukanwoke’s dedication to the improvement of education in Africa as well as his other business endeavors has earned him many accolades and awards including Best Graduating student from Girne American University, Ernst & Young Entrepreneur of the Year Award, Finalist of Young CEO of the Year 2016 award by the Africa CEO Forum, Forbes 30 Most Promising Entrepreneurs 2018, Finalist at Future Awards, and Global Shakers 50 African Innovators to watch.

 

It’s great to see an individual that is so capable in entrepreneurship and uses his experience to not only do well in the business world but also to work towards improving education in his country.

 

 

 

 

 

 

 

 

 

Breaking the Surface

One of my life-long hobbies has been skiing. I’ve been on the slopes for as long as I can remember, and over the years, I’ve gone through several sets of skis myself. Over the accumulated months that I’ve spent on the slopes in my life, I have found that skiing park was where I found the most joy. Unfortunately, not many ski companies/ manufacturers make skis specifically dedicated to park, and when they make, their selection is usually quite slim. That’s how I found out about Surface skis. They are a company dedicated to making skis with the sole purpose of hitting big air, terrain parks, rails, and everything in-between. CEO, serial entrepreneur, and founder, Michael Schneider has made a company dedicated to hard-core and experienced skiers. He has built all of his brands from the ground up. Michael has over a decade of experience in global trade, offshore and domestic product sourcing, line plan management, sales management, trade shows, photography, and social media marketing guru. He solved the problem that many skiers like me face, wondering if the product they are buying will be reliable, safe, or sturdy. Surface skis have just broken the surface, and I am beyond excited to see where this fantastic company will go.

Waffles and Dinges- Kraus

Thomas DeGeest was a worker for IBM for 12 years before he decided he was called to do something else. Thomas left his day job and started to pursue his dream job of owning his own business where he is now serving waffles to the streets of New York City. Originally, Thomas was from Belgium and moved to the states in 1997. Waffles and Dinges has now become such a huge hit in New York City, and Thomas has created over 100 jobs. The annual revenue for W&D is $5 million. The business is open 7 days a week and for at least 14 hours each day. Originally Thomas and his wife were thinking of moving to Brazil, where they thought they may be able to open up there business idea there. However, Thomas did not speak Portuguese and they ended up not moving to Brazil. Now the mission of the company is to not just make waffles, but to make it be the customers best part of their day. The waffle recipe is straight from Belgium and Thomas stated that he will never sell frozen waffles.

Originally the company was ran out of a mobile truck serving waffles. This became an issue due to the cost of maintaining the truck and the traffic is hard to maneuver through in New York City. This led Thomas to pivot and tow his business behind his car, and then led to buying actual stores for a home base. Thomas stated, “If you really want to run a food-truck business, realize your most important asset is your vehicle.” He goes further to explain how the truck is running 18 hours per day on Friday, Saturday and Sunday.

Thomas has grown such a successful business, and he his interviewed on CBS Magazines where he gives his input to other immigrants on how they can grow a successful business, using themes from the country of origin.

The Grace of BeYOUtiful’s Founding

 

The Grace of BeYOUtiful’s Founding

H. Mason Nichols

Described as having “the tenacity and strength that would cause her to strive, not just survive,” Hannah Grace, the founder of BeYOUtiful, is only 13 and is running a full-on positively messaged beauty product line. Focused centrally on hot commodities like bath bombs, Ms. Grace has donated $5000 to various charities and pledged to donate 20% of all profit to JDRF, the number one research foundation for Type-1 Diabetes. Ms. Grace’s story starts when she was just 11 months old. Her parents took her to the hospital over health concerns only to have their world rocked by a Type-1 Diabetes diagnosis for their young daughter. However, that did not hold her back in any regard. In 2016 she went into a store with her dad to buy bath bombs, noticing their simplicity, her father challenged her to make her own and sell them! Within weeks she had made her own and had begun selling them at local gift shops. Not long after, she expanded online and to retail stores. Ms.Grace even has a YouTube Channel on which she does different challenges and product tests. Ms. Grace is having remarkable success with no ceiling in sight for the young entrepreneur.
Beyond her monetary success, she hopes to help others find confidence in themselves. The company is named “BeYOUtiful”, a clever play on words that reminds its consumers to be their beautiful selves. A beautiful message from a young idol that entrepreneurs of all ages can learn from. Her generosity and care for the community are a bright spot in the pandemic and the struggling economy. Her commitment to supporting families and others with Type-1 Diabetes shows her compassion for others and using her success for good. Her positive attitude and message resonate with younger generations; her beautiful, unique designs for her bath bombs are a spark.

Daniel Fine

Daniel Fine shows that no age is too young to start a business as he created four different companies by the time that he was in college. As a senior in college, Fine has been recognized for his great entrepreneurship by many outlets, including Forbes, TIME Magazine, The New York Times, and even the President of the United States by earning the President’s Volunteer Service Award. While Daniel Fine has made many impressive accomplishments in his young career, he continues to give back to the community in a way that he enjoys.

Daniel Fine started his professional career at seven years old when his brother Jake was diagnosed with Type 1 diabetes. Daniel realized that he could help to give back to the diabetes community by launching Team Brotherly Love, his first business. To this day, Team Brotherly Love has been very successful and has raised over two million dollars towards Type 1 diabetes research.

Fine later launched another company called Match Tutors in an attempt to provide innovation in the tutoring industry. He noticed that when a tutor and student had similar interest, the session usually yielded better results. He decided to create Match Tutors so that any student would be able to find their ideal tutor to “increase engagement and achieve greater results.”

Glass-U, one of Fine’s successful businesses, seeks to market fully foldable sunglasses in a unique way. Daniel Fine took a new perspective on the sunglass industry and created sunglasses that are fully foldable to be even more easily stored. Glass-U’s marketing technique is unique because it appeals to college students. Glass-U is licensed by many different colleges and universities and even extends to fraternities and sororities to make customized sunglasses. Glass-U has been featured in the Rose Bowl, Lalapalooza, and the FIFA World Cup.

Along with Team Brotherly Love, Daniel Fine also decided to give back to the diabetes community by creating his company Dosed. Dosed is a smartphone app that tracks the insulin dosage taken by a Type 1 diabetic. According to the Dosed website “Dosed improves patient compliance by providing direct access to data that can facilitate behavioral modification.”

Sources:

http://www.getdosed.com/

http://www.danielfine.com/

https://www.nytimes.com/2014/12/11/business/smallbusiness/daniel-fine-of-glass-u-decides-that-the-degree-matters.html

Me & the Bees – Innovated Lemonade

It all began when four-year-old Mikaila Ulmer was stung by a bee twice in only one week. Naturally, she grew scared of bees, only until she realized how useful and crucial they were to the prosperity of human life and health. She learned about the amazing things bees do for our ecosystem. Once she was inspired by the bees, she was determined to somehow raise money to help save them and promote a boisterous population of bees around the globe. Shortly after she was stung she was encouraged by her family to create a product for two children’s business competitions. They were the Acton Children’s Business Fair and the Austin Lemonade Day. That same year she received a cookbook from her Great Granny Helen which inside included a very special homemade flaxseed lemonade recipe. As a young, talented innovator, Mikaila was prompted to think about how she could bring her newfound passion for bees and business together with her Great Granny’s iconic lemonade recipe. A lightbulb went off in her head. She thought up a plan to use honey from bees in a lemonade recipe that made the taste of that famous sweet summer drink more natural and enjoyable for consumers. At that point she began calling her lemonade brand, “Be Sweet Lemonade,” but due to copyright issues, changed it to “Me & the Bees Lemonade.” The goal of Mikaila’s business is to donate a percentage of the profits to local and international organizations that fight for the growth of the honeybee population worldwide. This young-innovator is now a 15-year-old entrepreneur who has grown her small, humble, Austin, Texas ideas into a profitable venture that has grown by over five hundred percent in just ten years. Her success does not stop there, she even appeared on the hit TV Show of entrepreneurs, Shark Tank in 2015, striking an impressive sixty-thousand-dollar investment from the famous shark, Daymond John. Even now “Me & the Bees Lemonade” is flying off the shelves of Whole Foods Market, The Fresh Market, H-E-B, World Market, and many other stores and sales venues across the state of Texas. Today, Mikaila is a known social entrepreneur, author, public speaker, social media presence, and a hard-working high school student. She is determined to grow her business, continue to raise awareness about the importance of bees, and bring delight to lemonade consumers. More than anything, Mikaila wants to teach everybody how to save the bees, and how to promote the prosperity of their kind. She went even further than just “Me & the Bees,” and established The Healthy Hive Foundation, a 501 (c) 3 non-profit that has the mission to save all bees through educating people of all ages and fields about bees, donating to bee researchers, and protecting the resources bees need to survive and thrive. She serves as an inspiration to young people by influencing them to become social entrepreneurs, just like herself. She turned her dreams into reality through innovation and social entrepreneurship. As always, we need more young women entrepreneurs like Mikaila Ulmer in the world. Take risks, you might just prosper more than you would have ever imagined you could.

Palmetto State Armory

Palmetto State Armory was founded in 2010 by former military veteran Jamin McCallum. After returning home from service, Jamin noticed that there were many problems in the modern firearms industry in America.

As an avid business man and gun-enthusiast, Jamin decided to do something about this problem. The main problem that he recognized was that there was not a firearms company with good customer service for your average, everyday gun owner. In 2010, Jamin opened his first retail store and committed his business to revolutionizing the firearms market in America by providing a firearms company that was centered around excellent and even better customer service.

This business model provided a real shake up to the sleepy firearms market, which was in need of new ideas and new processes in order to make it more accessible and successful. People immediately gravitated towards Jamin’s company and he was able to grow his business over the next few years with the help of friends and other military veterans.

His company started out as an ammunition and magazine company and he quickly grew the company to manufacture his own line of firearms. Some of Jamin’s best products are his AR15 and AK47 product lines, which are affordable, quality products that are backed by the company’s excellent customer service and commitment to quality and excellence.

Jamin is an impressive entrepreneur because he was able to recognize a real need in the market, and was able to use the skills that he had learned in the military and in business to start a successful company. Palmetto State Armory is a great company and proves that companies can become successful if they focus on their customers and commit to making their products as good as they can be.