Nick D’Alosio - Founder of Summly
Nick D’Alosio (age 18) was born in Australia and grew up in London. When he was 12, he taught himself computer program coding. In 2011, the idea of an analytical tool came up while he was studying history as he found it hard to find useful materials from piles of readings. Then, he created the Trimmit, which later became iOS application Summly, a tool that could summarize and condense articles into concise texts. With the app, he hopes to change the way people read news and articles on their mobile devices. After words of the app came out, D’Alosio was approached by Hong Kong tycoon Li Kai-Shing’s VC firm ( which also invested in Facebook and Spotify), and they provided him with US$300,000 capital. Afterwards, he started to invite professionals from all over the world to join his team, hoping to refine the algorithms for the applications. D’Alosio further received a million dollars investment from several investors and celebrities. In March 2013, Yahoo acquired Summly with reported $30 million dollars, D’Alosio became the youngest self-made millionaires. Recently, he joins the Yahoo team as a product manager, and contributes to Yahoo! News Digest with Summly’s technology.
When Summly was invested by Horizon Ventures, D’Alosio became the youngest person to receive a venture capital. He was Wall Street Journal’s “Innovator of the Year” and was included in the Times 100’s list. While being overwhelmed with awards and accolades, D’Alosio was also featured in numerous media publications like Wired, Forbes, TechCrunch and Bloomberg.
Lesson from His Success:
Age does not determine success
When he was asked by Times about how he got into app development, he said “it was the opportunity to be on an equal playing field with the biggest companies and publishers in the world… I wanted the idea to be judged on its own merit and not because of the story or because of my age.”
Age should never be an obstacles that come between us and our future. We should start finding our interest early and try to make a career/ future out of in. Like D’Alosio (and previously introduced Stephen Ou), they taught themselves coding when they are young and in school. Now, they are both successful entrepreneurs that have world wide fame, and you could never guess their age based on their work. Also, when we are still young, we are more risk tolerance, it is always easier to fail sooner than later. On the other hand, we should not judge others based on their age.
Nick D’Alosio - Founder of Summly
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“On Sunday nights, will you dread going back to work on Monday? In three years, will you want to be at the same company? These are all small, but important things. When ‘work doesn’t seem like work,’ quality of life soars.”
Tara Hunt - Founder and CEO of Buyosphere
Tara Hunt was born in Canada, and she received her college degree in Communication and Cultural Studies at University of Calgary. She is a famous online marketing consulting, social media strategist and entrepreneur.
In 2002, she started her first marketing company called Rogue Strategies. Then, she moved her business to Toronto, and later to San Francisco where she co-founded a consulting company Citizen Agency. During her time in San Francisco, she was actively involved with social media marketing, consulting and writing. She published her book “The Whuffie Factor” in 2009, and the book was translated into 7 different languages. Hunts was also columnist of several magazines, including Harvard business Review, Inc. and Women 2.0. She moved back to Toronto/Montreal in 2009 to pursue more opportunities. In 2010, she co-founded Buyosphere with Jerome Paradis and Cassandra Girard. Buyosphere is an online fashion and style tech start-up. The website allows user to share and organize fashion trends and styles. In addition, she was invited to speak in numerous conferences, sharing her experiences with aspiring entrepreneurs.
In 2009, Hunt was named “One of the Most Influential Women” by Fast Company magazine. Besides, Entrepreneur Magazines titled her as the “Women to watch”. She is currently VP of Social Strategy and Insights of LimeFoundry.com, a social strategy agency.
Lesson From her Success:
1. Have Agility
When she was touring around the country for her contribution for the Coworking Movement, she said: “We pride ourselves within our company on being completely agile with an eye on the goal. Along the way there are twists and turns or something will happen and in the last two years we approached it three different ways. Still, our goal has always been to help people muddle through an enormous amount online.”
From her, we know that although patience is a valuable factor to a good leader or entrepreneur, but we need to act efficiently at the same time. This can ensure that we stay ahead of ourselves and our competition.
2. Prepare and Research Enough When You are Pitching an Idea
“A pitch to a VC/Angel is not the same message as a pitch to a potential customer. All they want to know is, is there a problem (have you done your research)? How are you going to fix it (have you done your research on the approach)? And that you are the right one to do this. Oh, and most of all, how you will make money from it!”
When she was asked about pitching ideas, she said the investors mostly only care about profits, research and problems. It is very different from selling a product to a customers. As entrepreneurs, it is very often that we have to pitch an idea to potential investors. We have to make sure that, apart from being passionate and interested, we are well-prepared ahead of time, instead of just going in raw.
From more articles about Tara Hunt, check out the news articles that features her:
Stephen Ou - Founder and #Creator of #iTunes Instant, #Artsy #Editors
Stephen Ou (age 17) was born in #China and moved to the United States in 2008, barely speaking English. He started his middle school #education in the #USA, however since he could not speak English, it was hard for him to get involved in school. He decided to self-study English vocabularies, after failing to make progress with tutorial classes. Finally, after perseverance and #hard #work, he was able to fit in the environment in a year. For the full story #follow our #facebook page and check out the #entrepreneur #series
#Happy #monday and #happynewyear #2014 has a lot of #oportunities but you’ll never know if you don’t #challenge your #entrepreneurial #spirit and go out and find your next #big #project #explore #dream #discover and don’t forget to check out our #entrepreneur #series on #facebook
#Hope everybody took #time out with their #familys and had an #awesome #Holiday sometimes it’s easy to put #business before anything else but remember true #success is about #balance Don’t forget to check out our #blogs www.athgo.org and #brilliant #commentary on #twitter #pinterest #tumblr #googleplus and #facebook #like #comment #share