Forbes business magazine recently recognized Tilden Smith, a Chapman University junior, as one of nine All-Star Student Entrepreneurs. All of the students launched companies that brought in more than six figures of revenue while attending school. As part of the contest, Facebook users were asked to vote for one of the nine nationwide students who they believed were most likely to succeed. Smith won the votes by a landslide – more than doubling the runner-up.
“I am very excited and honored to have won the Forbes Entrepreneur contest on Facebook,” Smith said. “I thank all the Chapman students and faculty for their support and votes. It was a close race, but Chapman votes made a difference to put me ahead.”
In 2009, Smith and his business partner, Dylan Balsz, came up with an idea for an indoor pet outhouse, called a PetLawn. The pair took the idea to a trade show in Las Vegas, and within two weeks International Pet Solutions had sold over $10,000 in merchandise. In just two years, the college students’ company has generated more than $100,000 in revenue.
Chapman University also recognized Smith for his PetLawn in May, when he won Chapman’s business plan competition. The win helped Smith further the company with a $13,500 prize and an Angel Investor.
Smith now handles the operations side of the business, and Balsz oversees sales. Both of the Chapman students are on track to graduate in 2013. In the meantime, the entrepreneurial duo plans to introduce two new Pet Solutions products this fall.
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