Madison Stefanis’ journey to building a multi-million dollar business

·

At just 23, Madison Stefanis has transformed her passion for vintage cameras into a thriving $4 million business.

Founder of 35mm Co, a reusable film camera brand, Madi’s entrepreneurial journey began while she was still studying business at university.

In 2019, during her first year of university, Madi got the idea of starting her line of reusable film cameras after selling an old SLR film camera on Facebook Marketplace.

By 19, Madi used $50,000 of her savings from working at a supermarket to launch 35mm Co. The brand’s debut product, The Reloader, aimed to provide a beginner-friendly, affordable alternative to disposable cameras.

With her business rapidly growing, Madi dropped out of university to focus on 35mm Co full-time.

The cameras, priced from $119.95, are available in seven colours and are now sold in over 200 stores across Australia, with plans to expand to international markets like the UK.

A standout moment in her journey came when she appeared on Shark Tank in October, securing a $300,000 investment offer from two investors. At that time, the brand had already surpassed $4 million in sales.

The exposure led to significant retail distribution deals, including partnerships with major retailers.

Her advice for aspiring entrepreneurs is simple: “Get close to your customer and understand their key pain points to validate the need for your product.”

She also emphasises the importance of taking risks, saying, “You will only regret the risks you didn’t take.”

Source: 7 News.

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Latest News

City glows in Hellenic colours as Melbourne marks Greek Independence Day

Melbourne’s skyline was bathed in blue and white on Wednesday night, as landmark buildings lit up in honour of Greece’s Independence Day.

Apostolakis and Trimis named on Young Matildas AFC U-20 Women’s Asian Cup squad

Greek Australian players Alexia Apostolakis and Peta Trimis join CommBank Young Matildas new squad for AFC U-20 Women's Asian Cup.

Mitsotakis addresses Greek Australians in March 25 message amid postponed visit

Greek PM Kyriakos Mitsotakis has delivered a video message to the Greek Australian community marking the Greek War of Independence.

Melbourne fertility pioneer Nick Lolatgis set to retire early

Dr Lolatgis has abruptly announced his retirement, leaving behind a months-long wait list for his breakthrough pregnancy treatment.

25 March 1821: The making of Modern Greece

Names such as Kolokotronis, Karaiskakis, Diakos, and Bouboulina were learned from an early age and commemorated in parades each March.

You May Also Like

Sydney Principal Danyel Efstratiou suggests ‘explicit’ teaching improved NAPLAN results

Principal Danyel Efstratiou and teacher Nasya Hassan have embraced a teaching model turning NAPLAN results around at Sydney Adventist School.

Greek Australian Nikos Sousamidis reunites with popular Greek singer Peggy Zina

Greek Australian Nikos Sousamidis finally had the chance to reunite with popular Greek singer Peggy Zina on Friday.

Demi Koulizakis: The ‘Cretan soul’ leaving her mark at Sydney Olympic FC

Sydney Olympic FC’s star signing Demi Koulizakis has been on fire topping the National Premier Leagues Women’s NSW golden boot race.