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

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.

1821: Cyprus’ sacrifice and the enduring spirit of March 25

For the Cyprus Community of NSW, March 25 is both a celebration of Greece’s liberation and a remembrance of Cyprus’ own sacrifice.

You May Also Like

Greek Festival of Sydney to be presented by Bank of Sydney for 2025 and 2026

The Greek Festival of Sydney has announced its commitment with Bank of Sydney continuing as their presenting partner for 2025 and 2026.

Peter V’landys loses defamation case against ABC story exposing racehorse cruelty

Racing NSW boss Peter V’landys has lost the defamation case against the ABC over an episode of 7.30 featuring graphic footage of horses being slaughtered at an abattoir.

Turkey covers up priceless frescoes in ancient Greek church ahead of Muslim prayers

Turkey has covered up priceless frescoes in the Chora Church ahead of Islamic prayers scheduled for October 30.