Read and Research the Life and Work of an Entrepreneur, Then Answer the Questions About Him Or Her Below
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ACTIVITY SHEET 1 NAME It’s not easy to start a business! Read and research the life and work of an entrepreneur, then answer the questions about him or her below. Part 1 What innovations or business did this Who or what inspired this person to entrepreneur contribute to the world? become an entrepreneur? When and how did this person start their What challenges and obstacles did this company? person face along the way? Part 2 In the space below, take notes on other Compare the entrepreneurs’ stories. entrepreneurs that your classmates researched What common traits or themes do you see? and presented. SPONSORED EDUCATIONAL ADVERTISING MATERIALS STUDENT HANDOUT ROBBIE CABRAL JAMIE SIMINOFF ANDREA SRESHTA AND BenjiLock Ring ANNA STORK When Robbie Cabral moved from When tech giant Amazon bought LuminAID the Dominican Republic to the a company called Ring for over a Many entrepreneurs just want to United States, he struggled to billion dollars in February 2018, it get rich, but others aren’t motivated make ends meet. He worked as a was a big deal for the company’s by wealth. This is true of Andrea dishwasher and custodian before founder, Jamie Siminoff. He had Sreshta and Anna Stork, the finally getting hired for a job in real worked hard on Ring, and now that founders of LuminAID. Sreshta and estate. However, the company laid hard work had paid off—big-time. Stork met while they were studying him off after just six months, leaving architecture at Columbia University him unemployed with a newborn Siminoff had been fascinated by in New York City. They were both baby at home. technology ever since childhood, still in school there in 2010, when but he didn’t come up with his an earthquake hit Haiti. The disaster That was when Cabral’s fortunes most successful idea until he was left many people without homes or began to change. He was in the an adult. While working in his home power. So Sreshta and Stork came gym locker room when he came up office, Siminoff was annoyed that up with an invention to help: a with the idea that would change he couldn’t hear the doorbell from solar-powered light that could pack his life. He wondered why no his office in the garage. This got flat so it was easy to transport. fingerprint-based padlocks existed, him thinking about a solution: a so he decided to make one. He “smart doorbell” that would alert The two women appeared on a patented his idea and worked hard his cell phone when someone was 2015 episode of Shark Tank, where to make his new dream a reality. at the door and show him video of they partnered with investor Mark This led him to an appearance on who was there. In 2013, he pitched Cuban. Today, LuminAID products the TV show Shark Tank, where his idea on Shark Tank, but was can do more than just provide light; businessman Kevin O’Leary bought not able to reach a deal to partner they can charge cell phones too, into his idea. O’Leary helped Cabral with any of the show’s business making them even more valuable sign a deal to work with security experts. Still, his appearance was in disaster relief efforts. With their company Hampton Products the marketing boost his fledgling company, Sreshta and Stork are International. His invention, called company needed, and he signed helping people in need, one light BenjiLock, is expected to hit the that billion-dollar deal five years at a time. market in late 2018. later—the result of one great idea and a whole lot of hard work. Photos courtesy of Sony Pictures Television Inc. Television Photos courtesy of Sony Pictures STUDENT HANDOUT MADAM C.J. WALKER ANDREW CARNEGIE HAMDI ULUKAYA Madam C.J. Walker had to Andrew Carnegie was born in Hamdi Ulukaya was born in 1972 overcome a lot of hardship to find Scotland in 1835. When he was in Turkey, where he spent his early business success. She was born young, his family moved to life as a nomadic shepherd. His as Sarah Breedlove in Louisiana in Pennsylvania, where he started family made cheese and yogurt. 1867. Both of her parents had lived working when he was just 12 years Ulukaya wasn’t planning to stay in as slaves, but Breedlove was born old. Carnegie worked hard and rose the family business when he moved free. Still, she lived a hard life. She quickly in his career; by 24 years to the United States, but that’s married for the first time when she old, he was already superintendent exactly what he ended up doing. was just 14 years old and gave birth of the Pennsylvania Railroad In 2005, he saw an ad for an old to a daughter a few years later. Company’s Pittsburgh division. yogurt factory that was for sale. At that point, the Greek-style yogurt Breedlove saw a business Carnegie had a knack for smart that Ulukaya grew up eating was a opportunity in the fact that investments that went big. His rare find in the U.S. He bought the black women didn’t have many keen business sense paid off closed-down factory, betting his options when it came to hair- most when he decided that the savings that Americans would grow care products. She worked for a future was in steel. He proved to to love the yogurt of his youth. while for Annie Turnbo Malone, a be a brilliant businessman who successful entrepreneur, selling dominated the steel industry by Ulukaya’s gamble paid off. Within hair products to black women. pioneering new techniques for five years, his company, Chobani, Soon, she struck out on her own, manufacturing the metal more had reached over a billion dollars creating her own line of products effectively and efficiently. In 1901, in sales. He earned a reputation and promoting them under a he sold his company for $250 for treating his employees well, new name she thought had more million, retired from business, and offering them good wages and marketing potential: Madam C.J. devoted his life to philanthropy. He benefits, and giving jobs to Walker. She worked hard to sell worked to give his vast wealth away refugees. Today, Ulukaya’s yogurt her products, and that hard work to those in need, saying that a “man can be found in refrigerators paid off; some say she was the first who dies rich dies disgraced.” across America. American woman to become a self-made millionaire. Photos: Madam C.J. Walker: Michael Ochs Archives/Getty Images; Andrew Carnegie: Library of Congress; Hamdi Ulukaya: Courtesy Chobani Archives/Getty Images; Michael Ochs Photos: Madam C.J. Walker:.