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The editors at Masters in Marketing Degree Guide decided to research the topic of:
10 Biggest Entrepreneurs Under 30
Creating a successful company to make millions before your face gets wrinkled and your hairline starts to recede (well... at least for most) is what these entrepreneurs are all about. Meet 10 entrepreneurs who are booming with business in expert time.
Jeremy Johnson
- Company: 2tor
- Age: 28
- Year founded: 2008
- 2011 Revenue: Not disclosed
- 2012 Projected Revenue:Not disclosed
- Employees: 400
- Overview: 2tor partners with Georgetown, UNC-Chapel Hill, and USC to offer online degrees that match their on-campus counterparts in graduation and job placement rates.
- 2tor's 1st program was a master of arts in teaching with USC's Rossier School of Education
- In one year, the program jumped from 38th to 14th in U.S. News and World Report's rankings
- USC's Rossier achieved 100% job placement rate for its first online class
Daniel Ek
- Company: Spotify
- Age: 29
- Year founded: 2006
- 2011 Revenue: $236 million
- 2012 Projected Revenue: $840 million
- Employees: 500 (124 in the U.S.)
- Overview: 10 million active users can access 15 million songs on their desktops. The only cost? An occasional advertisement.
- 1.5+ billion songs have been swapped on Facebook
- 1/3 of Sweden, Ek's home country, has signed up
- Ek has predicted Spotify will rival iTunes in royalty payments within 2 years
Steve Espinosa
- Company: AppStack
- Age: 24
- Year founded: 2011
- 2011 Revenue: $8,000
- 2012 Projected Revenue: $4 million
- Employees: 45
- Overview: In mere minutes, AppStack can set up a mobile web presence that drives nearby customers to your site.
- $80 a month
- $50 in Google advertising
- $30 goes to funding AppStack's customized dashboard
- Creates the mobile presence for more than 4,000 SMBs
- $1 million in monthly recurring revenue by the end of the year
Ziver Berg
- Company: Zivelo
- Age: 29
- Year founded: 2008
- 2011 Revenue: $4 million
- 2012 Projected Revenue: $9 million
- Employees: 20
- Overview: The world's 2nd largest kiosk manufacturer.
- X2 sales every year
- Clients from Mercedes-Benz to the White House
- Looking to expand into a new 100,000 square foot assembly facility
Allison Lami Sawyer
- Company: Rebellion Photonics
- Age: 29
- Year founded: 2009
- 2011 Revenue: $637,000
- 2012 Projected Revenue:$2.5 million
- Employees: 8
- Overview: High tech futuristic cameras with big interest from the U.S. military and oil companies make this a company to watch.
- Sell a fluorescent imaging camera that can "see" chemicals
- At 30 frames per second, the camera shoots live video through microscopes
- $800,000 contract to put its cameras in Air Force drones
- Recently created new camera that can see a gas leak within 15 microseconds
Danny Wong and Fan Bi
- Company: Blank Label
- Age: 21 and 24
- Year founded: 2009
- 2011 Revenue: $1.1 million runrate at end of 2011
- 2012 Projected Revenue:$1.5 million
- Employees: 8
- Overview: A self-funded clothing company that tailors to your dimensions and comfort needs.
- Offers 9 sizing options
- Traditional retailers offer 2 sizing options (neck and arm length)
- +20,000 customers
- 0 outside funding
Ben Milne
- Company: Dwolla
- Age: 29
- Year founded: 2008
- 2011 Revenue: Undisclosed
- 2012 Projected Revenue: Undisclosed
- Employees: 25
- Overview: The new cashless payment start-up that allows you to send a payment directly from your checking account through an e-mail, text, social media, or another Dwolla account.
- Transactions under $10 are free; above $10, Dwolla takes 25 cents
- Beginning of 2012:
- $30 to $50 million a month in transactions
- signed up more than 100,000 users
Ben Silbermann
- Company: Pinterest
- Age: 29
- Year founded: 2009
- 2011 Revenue: Undisclosed
- 2012 Projected Revenue:Undisclosed
- Employees: Approximately 40
- Overview: An interactive pin-board website where people can show collections of things they are interested in.
- 3 months after launching, the site had 3,000 registered accounts
- 3rd largest source of referral traffic on the Web
- Valued at $1.5 billion
Ray Land
- Company: Fabulous Coach Lines
- Age: 25
- Year founded: 2004
- 2011 revenue: $6.6 million
- 2012 projected revenue:$10 million
- Employees: 175
- Overview: King of a luxury coach empire.
- Bought his first coach at 17 years old
- 50 vehicles Fleet
- 2,000 passengers rode with Fabulous last year
Desiree Vargas Wrigley
- Company: GiveForward
- Age: 30
- Year founded: 2008
- 2011 Revenue: $400,000
- 2012 Projected Revenue:$1.2 million
- Employees: 12
- Overview: GiveForward takes out the embarrassment of asking for money in difficult times by allowing individuals to crowdsource funding for medical emergencies.
- Since 2009, GiveForward has helped its users raise $15 million in donations
- GiveForward takes a 7% cut of donations from fundraisers
- Keeps 4.5%
- 2.5% goes to PayPal
