Gia and Gina Ni are two teen sisters who are young entrepreneurs. They have an app, travexchange.com that is geared for teens who are traveling and are looking for the fun places to visit in the city they are visiting. They would get this advice from other teens in their area. Gia and Gina are currently running a kickstarter campaign to fund this big idea. Thebabyspot.ca interviewed Gia and Gina about Travexchange.com, their kickstarter campaign, and asked them how parents can raise motivated teens!
Tell us how you came up with travexchange.com
We are trying to use technology to solve a problem that is created by technology.
The younger generation is having a conflicted networking crises. On one hand, all the modern technologies make us texting each other when we are sitting face to face. On the other hand, we are all having a huge thirst of meeting new friends and thrilled about traveling to different places. We have limited budget and likes to travel by connecting with local friends first but nobody has friends everywhere, so I came up with this idea, why can’t we match people up just like how we meet new friends on facebook. Therefore, we are providing a platform on Mobil and internet for people to have a real human interactions, and exchange the culture and experiences.
Who is your target market? Is it for teens or can adults use it too?
The primary target is younger generation, but of course, anyone can use the platform. We foresee the younger generation will be the first adapters of the idea.
Tell us about your Kickstarter Campaign…
We just start the campaign, and we are 7 days into the campaign. We need a lot of help from the crowd (as the definition of the crowd funding). Readers of this blog will be perfect audience to help us financially NS/or spread the words. Also, if nothing else, please check out our awesome rewards. One of the rewards is my favorite. A trip to China, all cost included. This is not just a vacation trip, but a real teen business trip, to visit the large companies in China, join competitions and pitch to the billionaires.
When most sisters are having disputes as teens, you two are running a business together! How do you run a business but still keep a great friendship?
Oh, trust me, we have our fair share of disagreements. But I think the key is that we both understand that no one can make right decisions 100% of time. We have attended many leadership programs, for example, IYEL (Inspiring Young Emerging Leaders), MYEEP (Mayor’s Youth Employment Education Program) and UTB (Urban Trail Blazers) etc. We learned the value of diversity through all of these programs, so we can settle our disagreements with sense most of time. For the few exceptions, we will call our dad as the judge.
What motivates you both to become the success you are today?
I think the most important influence is coming from our dad. He started his own business when he was 20. Yeah, as you guessed, he dropped out of college on sophomore year. After he exited small business, he finished Bachelor and Master degree. Later, he have gone through climbing corporate ladder successfully too. But he has this entrepreneur passion in his blood, so he quit his job and start a consumer electronic business again. We grew up with his story and influence, and we beat him by starting in High school.
What advice would you give parents who have children or teens who are motivated and have a great business idea?
I want to say, all teens have great ideas. Remember when you were young, you have so many crazy ideas too. However, very few of them got executed. We have ideas and passion, but normally are lack of resource and consistency to execute them. So I’d hope every parent, when you see that spark in your children’s eyes, don’t turn it off, nor turn away. Try to forester it and give us some help.
In five years, where do you see TravExchange.com?
I hope it will grow with us, become a very popular name in the younger generation. And hope it will be a new way, a popular way, for us to travel around the world.
In the future, do you see yourselves creating other apps for teens?
We might, but like we I said, we have many ideas but need help to execute them. So I really hope to focus them one by one. We will first carry this one to success and then consider other ideas.