Category: entrepreneurs

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A Young Man With Autism Opened His Own Coffee Shop After No One Would Hire Him

This is a perfect example of persevering in life despite all the odds stacked against you.

Michael Coyne has struggled with many things in his life, including autism, ADHD, and bipolar disorder. Despite these challenges, Coyne has accomplished a lot, including competing in the Special Olympics. When he turned 21, he decided he wanted to join the workforce in the food service industry. But there was one major roadblock: no one was willing to hire Coyne because he is autistic.

He said, “I applied to multiple places. None of them would hire me.”

Come on by for muffins and coffees, Michael's here until 6! ☕

Posted by Red White & Brew Coffeehouse on Friday, November 22, 2019

So Coyne, ever the fighter, decided he would take his life into his own hands and opened up his own coffee shop in North Smithfield, Rhode Island, called Red, White & Brew. Coyne said he will hire people with and without special needs to help run his business because he wants to help people who are autistic to integrate into regular jobs.

Can the days get any better here at Red White and Brew?? I am honestly not sure they can! Not only was our day VERY…

Posted by Red White & Brew Coffeehouse on Monday, November 25, 2019

Red, White & Brew’s Facebook page spells out the coffee shop’s mission very clearly: “We are a family-owned coffee shop serving up more than a cup of coffee. We employ people with developmental disabilities, encourage community engagement, and change the way the world sees those with disabilities.”

What a weekend here at Red White and Brew!! Wow! You all brought it!! We are so humbled by the outpouring of support….

Posted by Red White & Brew Coffeehouse on Sunday, November 24, 2019

Coyne’s mother Sheila helped her son get his business off the ground. She said,  “As parents, we look at our kids and see the value,” Michael’s mother Sheila Coyne said. “We see what they are capable of, instead of the system that’s consistently labeling them and putting barriers.”

Congratulations, Michael!

And, reader, if you happen to be in the area, stop by and have a visit and a coffee.

The post A Young Man With Autism Opened His Own Coffee Shop After No One Would Hire Him appeared first on UberFacts.

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A Study Show That for Entrepreneurs, 45 Is the New 25

For some people, seeing a young entrepreneur like Mark Zuckerberg completely change the world at such a young age can be disheartening as the years creep by. But wait! This is good news for people who feel like they might’ve missed the boat in one way or another, professionally speaking.

A new study led by Pierre Azoulay of the Massachusetts Institute of Technology analyzed the relationship between age and high-growth entrepreneurship. According to the researchers,

“Our primary finding is that successful entrepreneurs are middle-aged, not young. We find no evidence to suggest that founders in their 20’s are especially likely to succeed. Rather, all evidence points to founders being especially successful when starting businesses in middle age or beyond, while young founders appear disadvantaged.”

Azoulay and his researchers studied data from many sources, including tax forms and the U.S. Census Annual Survey of Entrepreneurs. They pored over records from over 2.5 million entrepreneurs who have founded businesses (not including sole proprietorships) in the U.S. since the 1970s. The conclusion: they found the average age of these entrepreneurs was 42 years old.

They also studied entrepreneurs who were active in growth-oriented entrepreneurship and found that businesses that operated in the high-tech sector had founders that averaged 43 years of age, and that founders of venture-backed startups and businesses based in Silicon Valley were 42 years old, on average.

The researchers also discovered that more successful startup companies had slightly older founders.

The authors of the study continued,

“The 1,700 founders of the fastest growing new ventures (the top 0.1%) in our universe of U.S. firms had an average age at founding of 45.0 (compared to 43.7 for the top 1% and 42.1 for the top 5%). Regardless of the measure of technology-intensiveness chosen, we see older founders as we move toward upper-tail performance, especially for the top 1 in 100 or top 1 in 1,000 firms, as well as for founders with successful exits. This evidence is at odds with the conventional wisdom that successful founders skew younger.”

Okay all of you middle-aged folks, get out there and start a business! You can do it!

The post A Study Show That for Entrepreneurs, 45 Is the New 25 appeared first on UberFacts.