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

SoulChef Sundays: The true taste of Christmas

Chef Georgia Koutsoukou — the Kalamata-born chef known as “SoulChef” — begins her new series SoulChef Sundays with The Greek Herald.

Cretan extra virgin olive oil gets new PGI quality status

By Lisa Radinovsky from Greek Liquid Gold. Cretan extra virgin olive oil (EVOO) is now listed in the European Union’s official Geographical Indications Register of high-quality agricultural products and...

Greece enters space age with launch of first national micro-satellites

On Nov. 28, the country’s micro-satellites were launched from Space Launch Complex 4E (SLC-4E) at Vandenberg Space Force Base in California.

Inside the migrant trunks: Australian memories unearthed in an Athens home

Most of the stuff in the house is vintage as my uncle and aunt had spent over a decade in Australia from the early 1960s.

Bake it at home: Niki Louca’s classic Bougatsa (Custad Parcels)

Niki Louca from My Greek Kitchen shares her favourite recipe for Bougatsa (Custard Parcels) with The Greek Herald. 

You May Also Like

From Greece to Newtown: Dimitris Basis unites with students to sing ‘Music from the Heart’

Dimitris Basis united with students from the Newtown High School of Performing Arts to sing 'Music from the Heart.'

Sydney FC sign in-demand teenager Nathan Amanatidis

Sydney FC have won the race to sign in-demand Australian teenage winger Nathan Amanatidis on a three-year contract.

Love on the Spectrum’s Michael Theo gets first acting gig

Love on the Spectrum reality TV star Michael Theo is playing the lead role in a new comedy drama called Austin.