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

The Greek passport (for Aussies) debacle: Part One

For quite a while now, I've been hearing complaints from Greek Australians about long delays in obtaining a Greek passport.

Harry Mavrolefteros’ First Education wins ‘Business of the Decade’ at National Awards

First Education, founded by Harry Mavrolefteros, was awarded 'Business of the Decade' at the 2025 Australian Small Business Champion Awards.

Little Legs Foundation sets monopoly World Record in memory of Alegra Vasiliou

The Little Legs Foundation officially set a new Guinness World Record for the most people playing Monopoly in a single venue.

Hellenic Medical Society of Australia’s Careers Day returns to inspire students

The Hellenic Medical Society of Australia invite all year 9-12 students to attend the HMSA ‘Pathways to Success’ Careers Day.

Melbourne man charged for impersonating police officer and assaulting families

Franesko Vamvakaris appeared in Ringwood Magistrates Court on Monday, facing charges of impersonating a police officer and unlawful assault.

You May Also Like

Australia’s Greek Orthodox Archbishop requests comments be turned off on The Greek Herald FB page

Australia's Greek Orthodox Archbishop Makarios requests comments be turned off on The Greek Herald Facebook page.

Greek Parliament honours Greek Jewish Holocaust victims

The Greek Parliament observed a minute of silence on Monday, to honour the over 67,000 Greek Jews who were murdered during World War II.

Inaugural Pharos Alliance Symposium in Victoria hailed a success

The Pharos Alliance Symposium organising committee has extended its thanks to all who contributed to the success of its inaugural Symposium.