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

Mother’s Day for Greek Australians: A time for love, memory and reflection

The roots of Mother’s Day can be traced back to Ancient Greek and Roman festivals which honoured the mother goddesses Rhea and Cybele.

Greek olive oil poised for growth in booming Australian market

A study by the Economic and Commercial Affairs Office of the Greek Consulate in Sydney highlights strong opportunities for Greek olive oil.

The Greek alphabet may be older than first thought

Associate Professor Willemijn Waal, with the help of a Vici grant, aims to explore whether the alphabet could be several centuries older.

Evangelos Demos to give seminar on the geopolitics of Greek foreign policy

Evangelos Demos is currently a PhD candidate at the University of Sydney under the supervision of Professor Vrasidas Karalis.

Niki Louca shares her recipe for Daktylies (Cypriot-style bread)

Niki Louca from My Greek Kitchen shares her favourite recipe for Daktylies (Cypriot-style bread) with The Greek Herald.

You May Also Like

Greek agricultural minister sacked for laughing about natural disasters

Greece’s prime minister has sacked the country's agriculture minister, Spilios Livanos, after a video surfaced from his visit in Sparta.

Greek Orthodox Archdiocese appoints new Chairman of St Basil’s Victoria

The Greek Orthodox Archdiocese of Australia announced that the Chairman of St Basil's in Victoria, Mr Konstantinos Kontis, has resigned from his position, yet will remain a member of the board.

Tsitsipas and Sakkari exit Cincinnati Masters both defeated

Stefanos Tsitsipas and Maria Sakkari have been defeated by opponents in the Western and Southern Open Cincinnati Masters tournament.