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Search resuls for: "Megan Sauer Lauren Shamo"


3 mentions found


☆ 28-year-old spent $30,000 to launch a business from her living room—now it brings in $9 million a year
  + stars: | 2024-11-19 | by ( Megan Sauer Lauren Shamo | Megan Sauer | Lauren Shamo | ) www.cnbc.com   time to read: +5 min
An unemployed UX designer, Lei had taken it upon herself to create the perfect work bag. Today, Lei is the 28-year-old CEO and founder of Freja, a New York-based company that sells work totes, shoulder purses and travel accessories. A 'really, really slow' startIn February 2019, Lei was a soon-to-be-unemployed graduate student at Cornell University preparing for a job interview in New York. She tried pairing three different work bags with her outfit, and none of them worked. "It was really, really slow for the first two years," says Lei.
Persons: Jenny Lei, She'd, Lei, —, Freja, Louis Vuitton, Dior, Celine, Loewe, Sandy Liang Organizations: CNBC, Cornell University Locations: Hoboken , New Jersey, New York, Bryant, Brooklyn, Guangzhou, China
☆ 52-year-old quit his job, bought a failing snack company for $250,000—now it brings in $103 million a year
  + stars: | 2024-09-07 | by ( Megan Sauer Lauren Shamo | Megan Sauer | Lauren Shamo | ) www.cnbc.com   time to read: +6 min
Charles Coristine used to revel in working at Morgan Stanley. At a barbeque, Coristine met an owner of snack company LesserEvil, who talked about wanting to sell his "flatlining" business. A 'scrappy' reinventionWhen he bought LesserEvil, Coristine was working at TD Bank and pursuing an MBA at Cornell University Graduate School. It brought in roughly $2 million that year, accounting for a third of LesserEvil's annual revenue, the company says. A year later, the company got its first outside funding — about $3 million, the company says — from sustainable food and agriculture investment firm InvestEco.
Persons: Charles Coristine, revel, Morgan Stanley, Coristine, that's, Andrew Strife, welders, LesserEvil, Homer, Henry David Thoreau, — Organizations: CNBC, U.S, TD Bank, Cornell University Graduate School, packers, Kroger, LesserEvil, Growth Locations: Tokyo, London, Danbury , Connecticut, Wilton , Connecticut, Danbury, New Milford
☆ This couple quit their jobs and 'sold everything we owned’ to buy a $1.6 million campground—now it's worth $6 million
  + stars: | 2023-06-24 | by ( Megan Sauer Lauren Shamo | Megan Sauer | Lauren Shamo | ) www.cnbc.com   time to read: +4 min
In 2016, Mark Lemoine came home from work and told his wife Karla Lemoine he wanted to quit his job and buy a campground. The Lemoines put their house on the market, withdrew all their savings and "sold everything we owned to buy the campground" for $1.6 million, Mark says. Mark and Karla Lemoine sold their house, car and more to buy a campground in Benton Harbor, Michigan. It brought in $1.2 million in revenue last year, enough for the Lemoines to pay themselves a combined $150,000 in salary. The Lemoines had to get creative to pay for their dream $1.6 million campground.
Persons: Mark Lemoine, Karla Lemoine, Mark, Karla, they'd, Devin Lieberman, they've, Joseph KOA, Roth IRAs Organizations: CNBC, America Locations: Michigan, Benton Harbor , Michigan, Grand Rapids, Chicago, Coloma, St, Rockford , Michigan
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