Real Life Entrepreneur

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    Real Life Entrepreneur - Presentation Transcript

    1. Real Life Entrepreneur How Real People Create Real Businesses Every Day
    2. The Grim Truth About Starting a Business
      • 80% of all small businesses started this year will be out of business by next year
      • 80% of the remaining 20% will not be around 5 years from now
      • If a business makes it to the 5 year mark, it is not guaranteed it will see the 10 year mark
    3. Real Life Entrepreneur #1 ZAC VOSS – Voss Distributing
      • Statewide Distributor of Red Bull Energy Drinks
      • 2007 Sales Projection: $6 Million
      • Age Started: 24
    4. Real Life Entrepreneur #2 TOM SZAKY -- TerraCycle
      • Sells a product made completely of garbage
      • 2007 Sales forecast: $5+Million
      • Age Started: 21
    5. Real Life Entrepreneur #3 STEVE SHRIVER -- EcoLips
      • Sells organic lip balm
      • Sold his first company at 31 for $1.8M
      • Ecolips Projected 2007 Sales: $2.5M
      • Age started: 26
    6. Real Life Entrepreneur #4 SHERRI SCHMELZER -- Jibbitz
      • Sell “jewelry” for Crocs
      • 8 Million pieces sold in the first year
      • Bought by Crocs for $10M + $10M payout on sales
    7. Real Life Entrepreneur #5 MAX LEVCHIN -- Paypal
      • Started company in Dec of 1998
      • Sold company to Ebay for $1.5 BILLION in October of 2002
      • His share -- $34M
      • His age – Mid 20’s
    8. Real Life Entrepreneurs #6 STEVE CHEN/CHAD HURLEY
      • Created a video sharing portal on the web
      • Sold within a year of it’s launch for $1.65 BILLION!!!
      • Chen – 29 ($330M)
      • Hurley – 30 ($345M)
    9. Tips for getting started in business…
      • Find a mentor
      • Create a business plan and/or a master vision for the business
      • Find start up capital
      • Keep expenses low
      • Work for free until you are in the black
    10. Real Life Entrepreneur How Real People Create Real Businesses Every Day
    SlideShare Zeitgeist 2009

    + Adam CarrollAdam Carroll Nominate

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