Entrepreneur

How This Entrepreneur Repaid His Most Valuable Employee: His Mom

An entrepreneur's mom worked for him for years -- without a salary. When he finally made it, he wanted to give her something she'd love.
Source: Courtesy of Jake Kassan
Courtesy of Jake Kassan

Jake Kassan started his first business in high school: a T-shirt company he grew through and social media channels. It went…a little too well. “I was generating $10,000-plus a week,” he says, “and I needed help.” He was, accounting -- the whole operations side. Luckily, he found the perfect person. She lacked business experience, but she was a quick study, a  and unusually loyal. Plus, she worked for free. 

You’re reading a preview, subscribe to read more.

More from Entrepreneur

Entrepreneur3 min read
Making the Midlife Leap
Sometimes, building the life you want requires a big risk. That’s what Keri Gardner realized when she cashed in $100,000 of her retirement savings to buy a franchise. It was November 2020, and she had just been laid off from her executive role at a h
Entrepreneur5 min readCorporate Finance
How to Build the Next Huge Thing
Want to start, fund, and sell a major company? Spencer Rascoff has some advice on that—because he’s seen it from all sides. As a founder, he first cofounded the travel-booking site Hotwire, which he sold to Expedia. He then cofounded Zillow, which he
Entrepreneur2 min read
The Loss That Changed My Company
When I was 17, I founded a company to save police officers’ lives. We distribute and manufacture body armor and other protective equipment. And yet, I will admit: For the first eight years, this work felt abstract—like watching war unfold on the nigh

Related Books & Audiobooks