Fownders

The Secrets to Entrepreneurship

Authors

Esther Strum

Esther Strum

Mark Tanpiengco

Mark Tanpiengco

Nicolette Scheinhartz

Nicolette Scheinhartz

Desiree Reyes

Desiree Reyes

School

Rutgers Business School

Rutgers Business School

Professor

Joe Markert

Joe Markert

Global Goals

4. Quality Education 9. Industry, Innovation and Infrastructure

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Summary

Fownders goal is to give quality education to entrepreneurs by providing mentors. They are a building platform for entrepreneurs. Fownders hope is to help the economy grow and to help mentor more business owners to become more successful.

Innovation

Fownders was created by Gerard Adams, who was an entrepreneur for thirteen years. Adam started several companies. One of the first companies he started was to discuss stocks and give advice. Another business he started helped other companies gain marketing influences. Adams learned tons of valuable information through his experience. Through all his business decisions, Adam wished he had a mentor because of that he was inspired to create Fownders. Adam wants to encourage and mentor young innovative entrepreneurs.

Fownders was created to provide quality educations and to encourage economic growth. Fownders is a team of people with many different backgrounds. The primary goal is to provide education and mentorship to entrepreneurs. Fownders has a website platform where there is advice and information on how to create an innovative business. Through the website, one can reach out and take classes, have a mentor, and learn everything one needs to know about entrepreneurship.

The Secrets to Entrepreneurship

Inspiration

The CEO was an entrepreneur for 13 years. He started several successful businesses one of which was advising on stocks. He then decided he wanted to share his advice to mentor young aspiring entrepreneurs.

Overall impact

Fownders is impacting people by their education and mentorship. Fownders used to have a central location but they adjusted, and now their education is technology based. People can learn from the comfort of their own home. They wanted to create a place where everyone has the opportunity to learn and succeed as an entrepreneur. They hope to impact the community by teaching skills and serving the people to freelance.

The organization is two years old, but the impact they hope to have is to boost the economy. Their website is a building platform for entrepreneurs. They want their mentorship to motivate technology growth. Fownders hopes to help those with their cutting-edge, relevant education. They hope to inspire creation and creativity.

Business benefit

The main reason for Fownders success is that they became technology based. Fownders started out to have a location in Newark, NJ but then later adjusted their business to be a technology-based organization. The employees can work from their home. They created a place that is enjoyable for employees to work by becoming more flexible with how they reach out and inspire entrepreneurs. The employees have a flexible schedule because they are able to work in the comfort of their home. The culture of the company is concentrated on personal development and community. Each employee has had a personal growth while working in the company. The culture is to be supportive and helpful to others.

Since Fownders is technology based they can mentor and educate those in many locations such as California, Brazil, Columbia, Canada, and New York. The reason that Fownders is different from the rest is that they have relevant education in an accessible manner. The mentors' goals are to serve quality education with an easygoing culture.

Social and environmental benefit

Fownders benefits the society by creating a place for motivated entrepreneurs to get the education they need to create a successful business. Fownders created a platform for those to create their entrepreneur's goals. The organization provides mentors that have real-world experiences and advice. Fownders has 21 employees on the profit side of their business, and each one has a goal to help the entrepreneurs. The first benefit to the society is education.

The second benefit to society is to encourage economic growth. Fownders hopes to help entrepreneurs create groundbreaking innovations that will grow the economy. Fownders knows that if more people have mentors and support to help people with their business aspirations then more people will succeed and that will stimulate the economy.

Interview

Monica Adams, Monica

Business information

Fownders

Fownders

Newark, NJ, US
Business Website: http://fownders.com/
Year Founded: 2016
Number of Employees: 11 to 50
Fownders is about helping entrepreneurs learn and succeed. Fownders is a site for business enthusiasts to learn how to run a successful business. The CEO of the company has been an entrepreneur for 13 years and counting, and he wants to inspire others with his learning platform.