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A startup that starts startups

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    Rudy DeFelice on a new startup stepping in to help motivate young entrepreneurs

  • Duration 5:21
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Ever heard LA where Rudy indeed believe is now waiting for us is the founder and CEO of -- that common if you're not familiar with that -- you may be familiar.

With -- like kids were -- that come pretty NS and you guys just decided to change the name talked me a little bit about that change like him about.

We did what -- company.

Enabling entrepreneurship our vision and our mission here is to help people start companies and our original target market was kids eight to eighteen but we found many adults college age kids were coming to a thing.

That -- to start companies to so we just change the brand name to reflect the fact that we're here for everybody.

Great ideas don't have an age limit.

And there's a lot of interest and entrepreneurship across many age groups so we've become Disney dot com.

They started this up -- start and then way to inspire kids to start their own businesses than adults came along and say hey we we need this to.

Did you find is that sort of a lack of a market for an easy way to start a company.

Yet we think there's.

Real need for.

-- fast easy way to start a simple business there's lots of support for a few of us in the entrepreneurial world but.

There's not a lot of support for everybody in our belief is that.

Everybody has a great idea everybody has some entrepreneurial energy.

And if we made it very simple.

Then lots of people would start companies we feel that we're doing.

For entrepreneurship what -- did for entertainment made it simple for anybody to get their talent out front of the world so that's the mission we.

We aim to start a million new -- through it through -- Analyze where and I and I invented vitamin water and I of that seven by matching up on my split Flintstones vitamins into the big fruit punch.

I sympathize that we should say was around when I was that age.

-- but anyway it was in so I'll have to make do with where I am now but people can obviously use.

I think this kid -- dot com still active -- now just busy -- dot com.

It points to visit then I'm sorry you missed that vitamin water opportunity because you have your next idea my guess is he'll have more.

I will I'll be sure to consult with say when I do talk a little bit about just how works walkway through the process the costs involved and so on.

Wolf first of all there's no cost -- but you brought that up -- the question on the make -- a point that out at.

And secondly our promise is you can get a business up and running at three minutes.

Very simply sign up for free account.

We help you name your company we suggest jobs that your company might do.

We suggest products that you might sell.

And then we handle payment processing we help you market we have coaching so really everything -- -- entrepreneur needs to get up and running at three minutes.

I had but it seems very like you know every day gotten us how many companies -- -- everyday gotten us how many companies sell to what can people do.

To help their companies compete when it on the side wants them.

Well we actually have a fairly sophisticated coaching tool set of tools built in.

And really it's about you know a new business that starts and it -- and it is like any other business it's getting the right fit between.

The market and the products you sell and we have suggest that some things that have that have worked.

And we do have some.

Marketing tools that have been proven successful.

But we also monitor what's going on -- -- company and send personalized advice you know based on.

What you've done and where you'd like to -- here's some things you can try and we will be successful.

Time will be introducing more personalized coaching where there's an actual individual was a mentor relationship but.

We're now really starting to learn what the needs are so was that we'll get more sophisticated over time.

Very interesting now.

Let's say this all goes well -- are making money in my new business how does that work where the funds go had to watch the business growing keep track of all that.

It goes into your business account detail -- an FDIC insured account that -- major bank and you can withdraw that money at any time in the -- -- the bunch of things we will.

You know trapped.

So you can -- transactions a full accounting system built in.

I'm ready let's say I'm a parent I'm trying to get my kid.

Out there and motivated.

What do you recommend parents do to sort of inspire.

That kind of business in -- no motivation in the children.

What we found very little distinction between children and adults.

People have this inherent creativity.

And there's a lot of interest in society.

In entrepreneurship in the start -- world and we've talked to a lot of kids in college -- talk to young adults we've talked to children.

And most of them don't know who run major corporations.

It's hard to find somebody who knows who runs ExxonMobil these days or or Chevron or Coca-Cola.

But many people know who runs startups anyone can tell you who runs.

FaceBook or.

Who founded apple and things like that so we think we all share this incredible interest.

So you don't really need to stimulate that even children I think you just need that happened give them some tools and that's what we're trying to do.

And you know most kids -- following their parents ruled the idea of being our own -- -- -- very -- -- that's it easy way to motivate them.

Two I'm sure that's really believes that CO visit Nate dot com again that's -- today.

That coming check -- the website for more information Rudy is great talking thanks for being on.

The pleasure thank you.

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