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Business Idea: Sweetgreen

source: http://www.washingtoncitypaper.com/articles/41123/sweetgreens-sweet-spot

Georgetown University business majors Jonathan Neman, Nic Jammet, and Nathaniel Ru stated they couldn’t find a healthy or inexpensive place to eat near campus. So they started an eatery opening up shop in a Lilliputian M Street NW space opposite the apartment Neman shared with Ru.

However the start of Sweetgreen wasn’t smooth sailing. The tiny store didn’t have plumbing or electricity; its owner didn’t want to rent it to neophytes. But the guys, having decided to forego the investment banking jobs that many of their classmates had snagged, were determined. “I called every day for weeks,” Neman says. Opening up just ahead of the salad-and-tart-yogurt trends, they’ve since expanded to nine restaurants in three states and the District. Regularly logging 15-hour days, they plan to open eight more locations in the next year.

Family connections helped the trio raise start-up funds from investors including Joe Bastianich, the business partner of celebrity chef Mario Batali. Peter Hapstak, the architect behind Brasserie Beck and dozens of other hip D.C. restaurants, won awards for his eco-friendly design of Sweetgreen’s first store.

“Over time, this whole region and probably the whole country will know about Sweetgreen and Sweetlife,” Goldman says. It’s hard not to agree: After nine hours at the show, I realize I haven’t gone 30 seconds all day without seeing one of those two words.

“Next year, we’re going even bigger,” Neman says.

May 15, 2013 Posted by | Uncategorized | , , , , , , , | Leave a comment

Business Idea: Zuca

http://www.zuca.com/video/index.php

February 21, 2009 Posted by | Business, Entrepreneur, invention, Million dollars Idea, Millionaire, Television, Uncategorized, Youtube | , , , | 2 Comments

Young Millionaire: Dominic McVey

A young man, his mobile phone and an idea. It’s the dream most kids have when they are young, but earning a million dollars doesn’t need ‘The Secret’, years of wisdom or even a car, according to one self-made millionaire.

 Using what he calls his childlike spirit, British teenage millionaire, Dominic McVey, made his early money with a simple idea and container load of zeal. By 15, he had made a million dollars.

“I was very, very competitive,” he said, starting up a business at just 13.

To save up for a collapsible scooter he thought filled a niche for London workers, McVey ran discos and did fund raising.

His hunch was right.

McVey’s Top 5 Tips for making a million

1)      If you are young, don’t draw attention to that.  I was young but I didn’t talk about it. I got on with what I wanted to do. I wanted to prove to people I could do it.

2)      Keep promoting – you have to get your product out there.

3)      Development – you have to move your product forward. You can’t let your product get stagnant or stale. Keep aggressive – have something new to offer all the time.

4)      Invest your money elsewhere. I invested in new brands, ideas, products, cosmetics, fashion.

5)       Be careful with your ideas because it might disappear at any time. If you have done it once, you can do it again.

 After selling the first five to family and friends, he then imported another ten and before long he had sold 300,000.

He was inquisitive and always disguised his age, doing all his business on the internet from his bedroom.

“Whenever I did meet companies, even if I thought I couldn’t get any business out of them, I asked them a million and one questions about how they did business,” McVey said. “They loved telling me because they felt like the other brother telling the kid what to do.”

And yes, it helps to be living with your parents.

“The added advantage is that the money you make is in a sense all yours, because you don’t have a mortgage or bills, all I was paying for was the internet and my mobile phone.”

McVey makes the point that your money may not last. This much is true for Australia’s Rich List.

A look at last year’s Top 5 Richest Young Australians (by BRW) highlights tragic stories, one of Edmund Groves the founder of ABC Learning Centres, and the Crazy John’s mobile phones magnate John Ilhan. The family man died of a suspected heart attack while out jogging. He was 42.

 

Practicing what he preaches, McVey has several new ideas in the pipeline.

And it involves his other passion – music .

McVey is set to launch a new boy band, called Most Wanted, and a music show for TV is also planned.

When you add a line of condoms called ‘Newd’, and some high-end pharmaceutical products it seems, for now, McVey’s riches are still on the rise.

link: http://au.lifestyle.yahoo.com/b/sunrise/8117/a-15-year-old-millionaires-tips-for-success

January 14, 2009 Posted by | Business, Entrepreneur, invention, Million dollars Idea, Millionaire, Television, Uncategorized, Youtube | , , , | 3 Comments

Business Idea: 99 cent store / Life is good

more about 99 cent store: http://findarticles.com/p/articles/mi_m0EIN/is_/ai_n27849032

January 2, 2009 Posted by | Business, Entrepreneur, Million dollars Idea, Millionaire, Television, Youtube | , , , , | Leave a comment

Business Idea: Spibelt


Video: http://www.cnn.com/video/#/video/living/2008/12/29/sbs.running.cnn

When you go for a run or a power walk or to the gym for a workout, sometimes you just want to take the bare essentials. The SPIbelt’s goal is to be your “small personal item” (get it? Small Personal Item…SPI) pouch for just those types of activities.

The belt is a 7/8-inch-wide elastic strap with a snap buckle closure. The zippered pouch sewn into the belt is made from a lightweight, super-stretchy material. When it’s empty, it’s only 7 inches long and 1 inch wide. Trust us, though, this puppy can expand. One tester filled the SPIbelt with an MP3 player and a cell phone, each about 2 by 4 inches in size, as well as a driver’s license and two credit cards and the darn thing kept growing and growing to accommodate them. Another tester was able to easily fit a pepper spray can and an ID in it. Another runner tried it as a compact way to carry a couple of sports gels during a half-marathon.

SPIbelt touts that it “does not bounce, ride or shift while running or doing other activities.” One tester agreed, saying the pouch stayed still during her walks and didn’t twist around her waist at all. A running tester found that it sat well on easy jogs, but during a race, it tended to shift and bounce unless she snugged it down very tightly on her waist, which made it a tad uncomfortable. Also, out testers discovered that when they did not tuck in their shirt, the SPIbelt tended to pull a loose shirt up and out, so the belt ended up against their skin, which was a bit irritating.

Another reviewer noted that if you go a little crazy filling it up with an MP3 player, cell phone and multiple credit cards, the pouch does have a tendency to flip up a bit and not lie flat against the body anymore. But if you show more restraint, like one electronic device and an ID, it will lie more flat.

Also, when we used the belt during runs, it was difficult to fetch out ONE thing, such as a sport gel. Unless we stopped, we ran the risk of losing small items like an ID, money, a car key or a second gel. To remedy that, we’d suggest adding a key fob or some type of small slim pocket inside for an ID, credit card or that second gel. Of course, that may defeat the minimalist approach. One tester solved the issue by adding a large safety pin to secure a baggie to hold the goods or to attach a key. 

The SPIbelt can hold up to five GU packets, but only with care can you fetch one out without losing the others — again, unless you stop — which may be fine on a workout but not during a race or other event. And it was difficult to fiddle with the zipper to put the wrapper back in while we were in mid-stride (so one tester — not wanting to litter mid-race — shoved the packet down her shorts!). But, as a way to carry items that you won’t be fetching while in motion, it’s a nice compact alternative. You could use it during a gym workout when you want your valuables or an MP3 player handy, or simply while traveling when you don’t want to carry a wallet or purse but want your stuff close for security. As narrow and small as it is, it won’t be conspicuous. 

Despite a few fumbles, the SPIbelt is interesting and could be useful not only for runners, racers and power walkers, but also to hikers and travelers.

It’s available in two sizes: small/medium for 20- to 32-inch waists, and medium/large for 28- to 40-inch waists. SPIbelt’s website said it can also double as a race number belt by adding hooks you can buy for 50 cents.

Spibelt’s website: www.spibelt.com

Link: http://www.snewsnet.com/cgi-bin/snews/11660.html

January 1, 2009 Posted by | Business, Entrepreneur, invention, Million dollars Idea, Millionaire, Uncategorized | , , , | Leave a comment

Business idea: Kalawentz natural hair care products

Video: http://www.msnbc.msn.com/id/21134540/vp/25967052#26377083

What’s It All About?
“A word from the owner”

Hello; Here’s the real deal about Kalawentz Naturals. My mother, Mary Bolar Washington, founded this company in 1982. It was her determination, drive, research and stick-to-it-ness that led to the recognition and respect our company enjoys today. With my mother, it was all about family, faith in God, imagination and empowering others in the black community. Today, Kalawentz Naturals continues to stand on those principles and more. We’re all about providing quality products and services: we’re all about encouraging, employing and inspiring black people to recognize the value to their lives;  we’re all about hard work and dedication to one’s dreams; we’re all about uplifting others to a place where they can be all they can be: we’re all about creating wealth and successfully transferring that wealth to future generations; we’re all about maintaining an attitude that lets you know that setbacks are just temporary situations that you can overcome; we’re all about being a black, family-owned and operated business that will remain that way. That’s just some of things we’re about. In summary, Kalawentz Naturals is all about a God-fearing, christian woman who had strong beliefs in her business abilities and the courage to act on those beliefs.

Twenty-five years ago, Mary Bolar Washington took that first step and never looked back. Against many odds and naysayers, determined to create a better life and future for her family, and the black community as well, she founded Kalawentz Naturals and the rest is history. She made her dream a reality. I say to you, never give up on your dreams because the possibilities are endless. I will continue to acknowledge, encourage and empower others to always broaden their horizons. My mother left quite a legacy and I am committed and determined to carry on her work. Her spirit lives on as:

Kalawentz Naturals, “The Best Kept Secret in Natural Black Hair Care” – “Now The Secret Is Out”

 

 

 

source: http://www.kalawentz.com/bbabout.html

September 3, 2008 Posted by | Business, Entrepreneur, Million dollars Idea, Millionaire | , | 1 Comment

Big Mac – Inside the McDonald’s Empire

chapter 3: http://www.youtube.com/watch?v=lZi0StVzsKU&feature=related

chapter 4: http://www.youtube.com/watch?v=TAwKiGRsZf0&feature=related

chapter 5: http://www.youtube.com/watch?v=f9bdOsiQuNM&feature=related

August 4, 2008 Posted by | Business, Entrepreneur, Million dollars Idea, Millionaire, News, Television, Youtube | , , , , | Leave a comment

Young millionaire: Jasmine Lawrence

Today’s American Story with Bob Dotson comes from Williamstown, N.J., where a teenager thinks she’s found the key to success. It’s not a question of being dealt a good hand, she says. It’s playing a bad hand well, over and over again.

I found Jasmine Lawrence watching her mom struggle to learn how to load a high speed-labeling machine. Shampoo bottles were spinning and sticking, their labels crooked. April Lawrence hung her head in frustration

“There’s a label stuck here.”

“Oh, Lord,” mutters Jasmine. 

She is living every kid’s dream. She gets to boss her mom.

“Hold the bottle up to here.” April works for her 16-year-old daughter.

“How’s that working out?” I smile. Jasmine’s mom laughs.

“A couple of times I thought she wanted to fire me!”

It began with a bad hair day. The chemicals Jasmine used to relax her curls left her practically bald. She decided to create her own recipe, and tested it out on herself, her friends and family.

“Until I developed a hair oil that actually made my hair grow back!”

Using all natural ingredients.

“You get to lick the bowl,” she giggles.

Jasmine was just 11 years old when she began experimenting. At 13 she went off to summer camp to learn how to start a business. When it got bigger, she turned to her mom for some bucks.

“She actually had money saved up from her allowance, so it was easy to trust her,” April contends.

“I promised I’d pay her back,” says Jasmine, “and I’d do my chores. Whatever it takes.”

So, Eden Body Works was born with a $2,000 loan, using her allowance as collateral. Her little sister, Crystal, became her first employee. 

“How do you wrap this?” the 12-year-old asks, putting bottles in a box.  

“Like a gift,” says Jasmine.

At first big sister had trouble with Crystal.

“She was making too much money,” chuckles Jasmine, “and I just didn’t like it.”

Crystal quit. Started a line of organic candles. Now, Jasmine’s company markets them.

“I’m making a lot of good money,” Crystal grins, and then whispers conspiratorially. “Not as much as Jasmine, though.”

At an age when most kids are lucky getting summer jobs stacking shelves, Jasmine already has 30 products on the shelves. She’s signed a distribution agreement with Wal-Mart and plans to take her brand worldwide. She projects profits of $1 million.

Jasmine spends little. Plows most of her profits back into the business.  Eden Works World Headquarters is still in her basement.

“Why is Jasmine so successful?” I ask her mom. ‘We’ve all had lemonade stands that didn’t make a nickel.”

“She’s up at 5 in the morning. I’m literally still asleep!”

“I have about 9 or 10 alarms on my phone that go off periodically,” Jasmine points out. One to tell me to wake up. One to tell me to really wake up!”

For her 18-hour day. Of course she makes straight A’s. Shines in engineering and math.

“How do you do you explain all this to your boyfriends?”

Jasmine ducks her head. “No, no boyfriends. They really can’t handle that I don’t have a lot of time for them.”

Too busy tutoring kids in spare moments. She teaches science. 

“As a boss,” I ask mom, “how generous is she?”

“I left a six-figure job to work for her.”

April negotiates contracts, but in all things business, her daughter is in charge.

“I definitely know where the line is between mom and employee,” Jasmine says.

“Just because she’s my boss, I still have to be a parent,” April points out. “When we’re working, we’re working, and when we’re off, it’s do your chores!”

After all, Jasmine is part of a big family, with a single mom.

April says, “A lot of people say, ‘You’re a great mom and you did something really special to raise a child like that.’ But I’ve raised all my kids the same.”

Jasmine just seems born to make a buck. By fourth grade she was actually taking her Christmas toys and leasing them to other kids in school!

Batteries not included.

Want to contact the subjects in this morning’s American Story with Bob Dotson? Here’s their contact information:

Jasmine Lawrence, President and CEO
Eden Body Works
P.O. Box 876
Williamstown, NJ 08094
(856) 513-0726
http://www.edenbodyworks.com/

For more information on starting a business:

The National Foundation for Teaching Entrepreneurship (NFTE)
120 Wall Street, 29th Floor
New York, NY 10005
(212) 232-3333 or 1-800-FOR-NFTE
www.nfte.com
Video and Source: http://www.msnbc.msn.com/id/24794995/

mauthor: “Isn’t she the modern madame c.j. walker”

July 12, 2008 Posted by | Business, Entertainment, Entrepreneur, invention, Life, Million dollars Idea, Millionaire, Television, Uncategorized, Youtube | , , , | 4 Comments

Business Idea: GotvMail

Hauser and Taghaddos, already on the fourth startup venture between them, got the idea for GotVMail because they were frustrated with the phone-system options for small businesses.

GotVMail gives mom-and-pops a way to sound just like big corporations. They can get the usual voice-mail boxes and also set up preferences like routing calls to a cell phone or getting messages by e-mail in the form of MP3 files — all for as little as $10 a month.

The company obtained seed money from friends and began turning a profit in its second month of operation. Now it generates about $5 million in revenue per year.

Lesson learned:

Taghaddos: “For a young entrepreneur, having good personal credit is one of the most important things. We wouldn’t have gotten all the help from American Express or Bank of America without it.”

Hauser: “To be involved in the entrepreneurial community and give back, talking to students is very important.”

July 8, 2008 Posted by | Business, Entertainment, Entrepreneur, invention, Life, Million dollars Idea, Millionaire, Television, Uncategorized, Youtube | , , , | 1 Comment

Business Idea: FUBU

FUBU is a major line of sportswear and the company of the same name. The name is an acronym for “For Us, By Us”, referring that the product line was made for blacks, by blacks. Other suggested acronyms include “For Uganda By Uganda, or “Five Urban Brothers United” (referring to the five creators).

The company was founded in 1992 by entrepreneur Daymond John with a line of hats made in his house in Queens, New York. With seed money of around $5,000, John and a group of five neighborhood friends turned half of his house into a factory and the other half into living space for the five, which included J. Alexander Martin, Keith Perrin, and Carl Brown. In fact, the “05” motif commonly found on FUBU jerseys is a reference to these five founders of the clothing line.

FUBU staff started the company for their local youth community. The founders intended to compete with sportswear companies such as Nike, which use inner-city youth in New York and elsewhere to research what is cool, then make products from the feedback. FUBU felt that Nike was profiting from the authenticity of New York street fashion without giving enough back to the community, and that to this extent African-American culture was being exploited In targeting city youth and defining their competitors this way, FUBU stirred controversy as to whether the company intended to shut out non-blacks, although many people of other backgrounds wear their clothing. FUBU insists they are not intentionally exclusive, and their marketing targets all races.

The FUBU collection consists of T-shirts, rugby shirts, hockey and football jerseys, baseball caps, shoes and denim jeans. All are embroidered with the FUBU logo. Most of the products, such as the jeans, are imported from around the world. FUBU has now expanded to include various lines such as Platinum FUBU, FUBU footwear for men and women, intimate apparel, active wear, swimwear, watches, FUBU suits, and FUBU tuxedos. The Platinum FUBU collection also includes the Fat Albert and Harlem Globetrotters clothing lines.

At its peak, FUBU grossed over $350 million dollars in annual worldwide billings. FUBU have received several honors for their entrepreneurial achievements. These include two Congressional Awards, two NAACP Awards, the Pratt Institute Award, the Christopher Wallace Award, the Online Hip-Hop Award and a Citation of Honor from the Queens Borough President. Today, FUBU popularity steeply declined being actually one of the most unpopular urbanwear brands in the United States, but remains a competitive brand in the international market.

FUBU clothing is distributed by the South Korean company Samsung.

website: http://www.fubu.com/mainpage.html

June 21, 2008 Posted by | Business, Entertainment, Entrepreneur, invention, Life, Million dollars Idea, Millionaire, News, Television, Uncategorized, Youtube | , , , | Leave a comment