Magazine article Success

And the Global Student Entrepreneur Award Goes to

Magazine article Success

And the Global Student Entrepreneur Award Goes to

Article excerpt

As long as Spencer Quinn can remember, he wanted to start his own business. So self-reliant was he as a boy that once the school year ended, he usually went to work re-staining his neighbors' fences to earn money during the summer.

Now set to graduate from Brigham Young University in April, Quinn already has a head start on many of his peers. While keeping up his studies in biotechnology and business strategy, the 25-year-old co-founded and presided over a company called FiberFix, named after his line of hard- setting adhesive tape, which he says is 100 times stronger than duct tape. For his visionary business leadership, Quinn won the Entrepreneurs' Organization's 2013 Global Student Entrepreneurship Awards (GSEA), which includes $150,000 in cash and business prizes.

The idea to FiberFix came to Quinn when he heard of a doctor who made an emergency repair on his all-terrain vehicle with casting tape used to set broken bones. By October 2012, Quinn and his co-founder cousin had created a prototype, and within months they were selling the product in a hardware store. About a year later, the product is available in more than 6,000 locations across the U.S.

Quinn credits the rapid growth of FiberFix to business savvy acquired through rounds of GSEA competition that began in his home state of Utah. "It was the first time I had ever been to an international competition," Quinn says. "To be around and compete against people from all over the world, some of them who had been working on their businesses for many, many years, was inspiring and very humbling. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.