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.

Advertisement

Share:

KEEP UP TO DATE WITH TGH

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

Advertisement

Latest News

Melbourne Food & Wine Festival serves Greek heritage at World’s Longest Lunch

The Melbourne Food & Wine Festival will run from 20 to 29 March, offering a 10-day program of 200 events.

AI artist Dimitrii becomes breakout star for rejected creator

A Melbourne creator who spent decades facing rejection in the entertainment industry has unexpectedly broken through thanks to AI persona.

Theo James draws on Greek family history to urge Korean support for refugees

For actor and UNHCR goodwill ambassador Theo James, the global refugee crisis is rooted in a personal story.

Alex Mangos brings mango season to Christmas in Oran Park

Alex Mangos has given his usual Christmas setup a tropical makeover this year, marking the arrival of mango season with a playful twist.

Greece draws wealth: Over 1,200 millionaires expected to relocate in 2025

Recent arrivals-from Novak Djokovic to investors like Richard Xiao and Tom Greenwood-reflect a broader pattern.

You May Also Like

HACCI SA celebrate one year since revival with annual Parliament House event

The South Australian Hellenic Australian Chamber of Commerce and Industry marked the first anniversary of its revival for members.

29th Greek Film Festival in Sydney to offer vintage screenings celebrating Nikos Koundouros

The 29th Greek Film Festival of Sydney will offer vintage screenings between 19-20 October 2024 celebrating Nikos Koundouros. 

National Archaeological Museum to present inaugural Greek War of Independence exhibition

An exhibit presenting Greek antiquities with 18th and 19th-century works will open at the National Archaeological Museum on February 11