"Jarrett was always thinking of ways to start a business," his mom recalled of his childhood. Jarrett launched Gathowin in September 2011. His mom, Jamie, is heavily involved in helping run his ventures: Gathowin - which among other initiatives markets 360 PharmaTracks, a vaccine and injection tracking system designed for medical clinics - and Cloud Chase, a cloud-hosting service that "rents" space to customers. Southlake's Jarrett Cadiz, a 20-year-old CEO of two companies, is also a big believer in staying connected to family and friends. My husband, Ben Witten, and my parents are always cheering me on." "The driving force and what keeps me going is, first, God, and second, it's having a firm group of people supporting me. "Emotionally, there were days when I thought I was in over my head," Scheideman said. "Hopefully, Wag can start that trend."Īnd if the amount of happy hellos she fielded that day are any indication of future performance, Scheideman is well on her way to trend-setting status.īut being a young small-business owner - especially in today's crimped economy - is not without its challenges. "I love dogs and would like Fort Worth to have a more dog-friendly community," she said from the covered patio of her pooch-inspired outpost, taking a quick break from time to time to greet her clientele - both of the two-legged and the four-legged ilk.
"From an entrepreneurial standpoint, there wasn't another dog boutique in Fort Worth."Ĭapitalizing on that untapped gap in the market, though, was secondary to the first reason for setting out her shingle, Scheideman says. "The most motivating factor was to have a place where people and their dogs could be happy," Scheideman said of her Foch Street shop, which nestles among a hive of independently owned stores in the West 7th Street enclave. In June, the 24-year-old unleashed her dogged entrepreneurial spirit with Wag, a "boutique and lounge for Fido and his people." Take, for example, Hannah Scheideman, a 2010 TCU grad who is collaring the market on retail cool. Also, while this list is by no means exhaustive, we think it gives a well-rounded snapshot of our area's under-30 entrepreneurs. The definition of success is relative - especially when mom has to cash your checks and you're making presidential decisions but still aren't old enough to vote. All fall along the 10–29 continuum.Ī couple of caveats: The purpose of this story isn't to parse their P&Ls. What they share is extreme drive and ambition. These millennials all are involved in different ventures, some with their roots planted in childhood. Such is not the case, however, with the business-minded bunch you're about to meet. The fervor typically melts right along with the ice, and these once gung-ho kiddos are more content to banter about Barbies and baseball than worry about balance statements and bottom lines. Sales results can be posted and compared with other players from around the world on the Internet's "Lemonade Stock Exchange.For the vast majority of entrepreneurial neophytes, manning a lemonade stand for a day or two while raking in some spare change quells their capitalist thirst.
To ensure profits don't turn sour, players must manage inventories, hire employees, study the market, and set prices, while changing their recipes as crowds and conditions change on a continual basis. Players will put the squeeze on the competition as they place their lemonade stands throughout 19 locations and famous landmarks around New York City. Make a splash in the Big Apple by juicing up your profits in Lemonade Tycoon 2: New York Edition.
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