TOILET PAPER ENTREPRENEUR PROFILES
Jun Loayza, Founder of Future Delivery
July 7, 2007
Yu-kai Chou (CEO), Jun Loayza (CMO), Jason Wei (CTO)
Fun and easy career development for students and young professionals. Our products are FD Career and FD World.
Startup cash used
$5000 from our own savings.
UCLA grads and fraternity brothers of Delta Sigma Pi. (Mike’s Deep Thoughts – I am a DSP too! If my recollection serves me well, founding brother Harry Hartel was from California)
Authentic Japanese sushi.
“It’s not how hard you push along the way; it’s if you have it in you to finish.” – Michael Jordan
Hardest time I’ve ever laughed that was toilet paper related: My high school basketball team and I was playing in the Championship Basketball game for our district. During half time, I really needed to use the bathroom for a number two. It’s close to the gym, so I heard the whistle blow that the second half was just about to start. In my haste, I ran out of the bathroom and head to the coach who puts me in the line-up. As I’m standing on the court, knees bent in defensive position against the in bounder, everyone stops playing and stares and points at me. Even the referee blew the whistle to pause the game! What had happened? Because I rushed out of the bathroom, I had a string of toilet paper attached to the bottom of my shoe! I couldn’t help but crack up as well. Coach sat my butt down on the bench and said, “Next time, wipe faster.”
It’s got to be Charmin.
TP Supply – Over or Under?
Over for sure.
Never Eat Alone by Keith Ferrazzi. Ironically, I most often read the book while eating my lunch alone.
Great Night Out
Tokyo Table dinner: $80
Wicked the Musical: $175
In-n-Out Animal Style Fries: $5
Celebrating my one year with my girlfriend: Priceless
Alarm goes off at 7:30am. Hit the snooze button and then finally get out of bed at 8am.
Sleep is for the weak. (I get weak at 2am every night)
Stayed up with the team for 48 hours straight in order to launch FD Career on time.
Biggest Biz Mistake
My biggest entrepreneurial mistake was with The Veridical Group – a small business consulting firm I founded as an undergrad. The team was full of part-time people, even I was only doing it part-time. The company ultimately went no where because it did not have the human resources necessary in order for a startup to take off. The lesson I learned: in order for your startup to succeed, you need a team that is fully committed and full-time on the company.
My team and I do not like the word “passion.” We feel it is overused and has lost all meaning. However, I do feel I am living “passionately.” When I was at my corporate job, I felt I was living comfortably. I had early morning bagels, casual Fridays, and a great and stable pay. But I just didn’t feel like I was being utilized to my full potential. Now as an entrepreneur, I do feel that I absolutely love what I am doing and love the people who I am doing it with. I have learned more in my 1 year as an entrepreneur than all of the years at UCLA or at my corporate job combined.
Start a company as an undergraduate. The amount of resources available to you as an undergrad is amazing: professors, peers, student organizations, counselors, the career center, and the MBA School. Most importantly, school is like a safety net. If you fail in your startup, there’s no problem at all. You’re still going to class and now you have some amazing experience on your resume. Don’t wait until after you graduate to start your company. Do it as an undergrad!
Are you a Toilet Paper Entrepreneur? Do you have a cool entrepreneurial story to share? If so, I want to hear it. E-mail me at Mike@ToiletPaperEntrepreneur.com!