Interview with Craig Tumblison
A interview with Craig Tumblison, the owner of Bitcove which is his own business. A 19 year old guy from the USA who is into technology, law and politics but above all: into all aspects related to owning and managing a buisiness! Check out more below and be sure to check out the misc links!
1. Max Pen: Could you tell us a bit more about yourself so the readers know who you are?
Craig Tumblison: Sure! My name is Craig Tumblison, I’m 19 years old and from Ohio, USA. I started my first business at the age of 18 (my final year of schooling). My core interests include business, technology, law, and politics.
2. Max Pen: How did you get interested to start your own business? Did you study it in school if so what sparkled that interest to study it? How long did you have the idea to start your own business/company?
Craig Tumblison: I come from a long line of small business owners, so one might say the drive is in my blood. I first explored the idea of starting my own when I began working for my dad’s construction firm during my summers in school. I knew I wasn’t a fan of the type of work he did, but I did like the freedom owing a business had to offer.
Once I entered high school I was able to get involved in a course offered by a local college that pushed business and technology. My Instructor had several IT Consulting firms himself, and was able to steer a lot of us in the right direction. Part of the course involved being activate in an organization called SAGE (Students for the Advancement of Global Entrepreneurship), which holds annual competitions across the globe for small businesses to compete for prize money and more importantly, the ability to meet top notch judges. My fondest memory was meeting the creator of the Chia Pet, that really woke me up to what was possible, even at 18 years old.
3. Max Pen: If you followed courses in school related to marketing and such have these helped you to realize your goals and such more easy? (So has it helped what you learned in school in a major way online.)
Craig Tumblison: Apart from the college sponsored course, I did take several offered directly by my school. I didn’t take marketing, but I did take Accounting, Intro to Business, and Entrepreneurship. As these were general classes, a lot of the information was an overview compared to what I had learned from the college course. I did really enough the class projects though, it gave me a fantastic stage to showcase ideas ahead of public release.
4. Max Pen: What have been so far the hardest challenges with your company? Are the requirements or paper work a lot for starting your own company?
Craig Tumblison: There was paperwork and fees involved, yes, but that is easy compared to the real challenge: staying afloat. The vast majority of small businesses fail during their first calendar year, some never even get to file taxes. I’m happy to say I achieved that goal, and was able to make a (very very small) amount of profit my first year and legally file taxes on it.
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