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local motors

Jay Rogers : The Founder of Local Motors and Inventor of First 3D Printed Electric Car

There have been startups based on daily needs and also on the pain points people go through every day. But sometimes, it is the question of life and death, and the safety of people. There are many such examples of startups that are inspired by the people’s safety, and one such startup is Local Motors, that have a great story behind it.

Local Motors was founded by Jay Rogers in 2007 and have its headquarters situated at Phoenix, Arizona. Local Motors is a car manufacturing company that builds its autonomous cars with the help crowdsourcing.

Before starting up Local Motors, Rogers was a Marine in the US navy. But even before that, he was a confused young lad, who did not have any idea what would be the best career choice for him. He graduated from Princeton University with a degree in banking and was about to opt for an MBA for his post-graduation when he met a fellow from the same MBA batch, who had also been a marine.

Jay Rogers Local Motors
Image Source: zimbio.com

Influenced by that person, Rogers, in 1999, joined the U.S. Marine Corps. He served as a marine for seven long years and went through random experiences. He was posted in locations, including Iraq. In 2004, when he was appointed in Iraq, he lost one of his fellow officer and friend, Brent Morel while riding a Humvee. Rogers found it stupid to deploy a Humvee in Iraq as the vehicle have a heavy engine. Again in next couple of years, he lost his another friend due to the failed landing of a Boeing Vertol CH-46 Sea Knight helicopter.

These incidents hit Rogers hard, as he found out that these two vehicles were the best vehicles built in America. Still, these were not smart enough to save human lives. After seven years of his service as a marine, Rogers returned to complete a degree in business from the Harvard University, to give a direction to his new startup that was inspired by the sad incidents happened in his life. He wanted to start a company that would create smart vehicles to help people with their needs.

Rogers studied the business models of various car manufacturing companies, and what they all were doing was not customer-focused. He had a different approach, through which he wanted to build customer-oriented vehicles. So he thought of building a unique open-source micro-factory for rapid manufacturing.

But without investments, it was not possible to build a company, and then the products. So he approached the investors from the silicon valley, but for his disappointment people were more interested in investing their money in the already famous companies like Tesla. But without losing hope, Rogers raised a $10 million with the help of his family, friends and a few investors.

But the amount was not sufficient for both designing and developing the product. But Rogers again came with a unique solution. He opted for crowdsourcing the design concept for the company’s first product, offering $20,000 for the winner. An art student won the competition, and in 2009, based on the same design, Rogers launched the Rally Fighter, the first Local Motors product and a souped-up, fibreglass-chassis dune buggy made to run in the desert. The car was a massive success. A total of 20 units of this desert crawler was sold in the same year.

Since the launch of Rally Fighter, the basic business model of the company includes designing, engineering and manufacturing of automobiles open source, such that the designers are welcomed to submit their designs, and the community votes and selects the winners. Even though a single winner is chosen for the design, the community members can suggest improvements for the same. For Rally Fighter only, 35000 designs had been submitted by designers.

Rally Fighter was a giant desert truck, so now Rogers wanted something that would be suitable for the general public. On the arrival of the 3D printers in 2014, he opened a challenge for the Local Motors’ employees as well as for the community members to make the world’s first drivable 3D-printed automobile. 200 designers participated in the challenge, and Strati became the world’s first 3D printed electric car. The car was manufactured in 44 hours and in front of a live audience at the International Manufacturing Technology Show in McCormick Place, Chicago.

Though the car was not powerful enough, it set new technology standards. It gave Rogers the confidence of building something new. A few months later, Local Motors was invited to Berlin’s Urban Mobility Challenge, to build an emission-free minibus. Again Rogers notified all its 200,000 in the community for the designs for a $20,000 top prize. The design of a 24-year-old Colombian industrial engineer, Edgar Sarmiento, was finalised for the challenge and Olli was manufactured. The 8 to 12 seater minibus, Olli, was manufactured in the partnership with IBM.

Olli was demonstrated on Facebook Live of Berlin’s Urban Mobility Challenge. People were quite impressed with the design and the capabilities of the vehicle. So the company received $1 billion in financing from Florida-based Elite Transportation Services (ETS) for Olli. The company also received funding of $20 million from Texas-based Xcelerate.

The company is looking forward to embedding the autonomous driving and artificial intelligence to the new models of Olli. For bringing the new technologies to Local Motors, the company has partnered with International Business Machines Corp.’s Watson program for artificial intelligence and also with Robotic Research LLC.

Currently, Jay Rogers is serving the company as the CEO.

spicejet

Ajay Singh : The Man Who Saved SpiceJet From Vanishing into Oblivion

What is good in doing business without risks? When one aims for something bigger and more profitable, it is reasonable to go against the odds and take the chances. But, what about the companies whose strategies are failing and going downwards in the spiral of destruction? Should it give up or just hope for a knight in shining armour to appear and be the lifesaver. Well, the story of SpiceJet clearly narrates a tale, where they well resurrected by none but Ajay Singh. After facing excessive loss through 4 consecutive financial years, Ajay Singh finally stepped in to take over the control once again and re-establish the reputation of the company.

SpiceJet is an Indian airline headquartered in Gurugram whose history dates back to 1984.

Early Life

Singh was born into an influential family from Delhi. His father was an established businessman, Vijinder Singh, and his mother was Kalpana. Singh’s family business was mainly about real estate and fashion accessories.

Ajay Singh SpiceJet
Image Source: indianexpress.com

Singh was kind of an all-rounder from a very young age. He went to St. Columba’s School and apart from excelling in his academics, he was very good at playing cricket, table tennis and football. He was also the caption of his school’s football team. After completing his school, he went to IIT Delhi and graduated from there in 1988 with a degree in textile engineering. And, like kids in the family of every other businessman, he went to pursue his MBA. He completed his MBA from Cornell University.

Early Career

At Cornell, he became the President of the Indian Association, and thus, showed a keen interest in the events of India related to government policies. He was also interested in political matters and thought that more educated people are needed in the Indian political system. So, he came back to India in 1992 and pursued law at Delhi University.

In 1996, Rajendra Gupta, a BJP leader who later became Delhi transport minister, hired Singh for Delhi’s transport corporation board. After joining his first responsibility was to stabilize an already bankrupted corporation, which had 40,000 employees. Singh implemented the global transportation strategies and expanded the corporation from 300 to 5000 buses within a span of two and a half years. This was his first achievement after returning to India and stepping into both the political and business world.

In 1998, Singh became an officer on special duty (OSD), where he played a major role in launching DD Sports and DD News. Singh had some plans and suggestions in his mind to reduce the cost of telephony, and thus, persuaded BSNL to drop the incoming charges on mobile. All these developments took place only up till 2004 when BJP lost the general election, and Singh found him unemployed.

Singh Acquired SpiceJet

After BJP lost the election, Singh decided to get back in the entrepreneurial world, and his first move was to acquire ModiLuft and carrying the business as SpiceJet.

Looking back to the history of ModiLuft, it was an airline company established in 1984 by S.K Modi. In 1993, it came into a partnership with Lufthansa, a German airline, but in 1996, it ceased the operations.

So, whatever was left of the company was acquired by Singh after eight years, and this time, he renamed it as SpiceJet and followed the low-cost model to provide a good experience and low fare to the public.

Initially, Singh’s stake was 20% in SpiceJet, but it came to 6% when media tycoon Kalinathi Maran acquired 37.7% in 2010. Eventually, Singh sold his remaining stakes too.

The Downfall of SpiceJet

After Singh stepped down, SpiceJet rocketed in terms of making consecutive losses in three years. In the year 2012, SpiceJet faced a loss of Rs 604 crore followed by Rs 192 crore, Rs 1,001 crore, and Rs crore, in the next three following years.

The market share dropped from 20.9% in 2014 to 9.2% in 2015. Increased number of employees also created a problem, as, after some time, the company was unable to pay them. The oil companies also refused to refuel them, and by 2015, the company was barely able to crawl on the surface with no chance of survival. This is when Singh stepped in.

Bringing SpiceJet Back to Business

Singh was back in the territory of SpiceJet in 2015 and acquired 58.46% stakes of the company. He spotted that over employment was a very big issue with the company and brought down the number of employees to 4,000 from 5,500. After facing crores of loss for four consecutive years, the company finally made a profit of Rs 450 crore in 2016.

Today, SpiceJet has become India’s fourth-largest airline in terms of passengers and operates 306 flights on a daily basis.

Instacart

Apoorva Mehta : The Founder of Instacart, the ‘Uber of Grocery’

The internet and the rise of the tech giants like Google, Microsoft and Amazon have inspired a lot of people out there to start their own innovative business. And there is much evidence that the inspiration has worked for numerous people. The Internet has helped people to get idea from their daily needs and transform it into a successfully functioning business. One such person, who was inspired by the success of the big tech companies, is Apoorva Mehta, the founder of Instacart. Mehta was awed by the fact that how the new startups were getting success overnight. And hence, after trying out over 20 business ideas, he finally started Instacart.

Early Life and Career

Mehta belongs to the Indian descent, but was born and brought up in Canada. He had always been inclined towards the internet and technology. He had also been interested in learning science and computer programming. After completing his school education, Mehta joined the University of Waterloo, to complete an electrical engineering degree.

After completing his graduation, Mehta worked for companies like Qualcomm and BlackBerry. Though he had got good jobs, he was a bit confused about what he really wanted to do. Later, in 2008, Mehta moved to Seattle, to work with Amazon. He joined Amazon as the supply chain engineer. But, here too, he could not feel the passion for work and left the company after two years, in 2010.

The Inspiration for Startup

Apoorva Mehta Instacart
Image Source: celebritynetworth.com

With the rise of the tech companies, he had already developed an interest in entrepreneurship, so Mehta started looking for ‘the’ idea, that would help him establish a successful business. It took him over two years and 20 failed startup ideas to finally reach to Instacart. Before Instacart, Mehta tried to build an ad network for the gaming com to developing a social network for lawyers. But nothing worked for him.

After brainstorming for two long years and testing out those twenty startup ideas, Apoorva Mehta stopped and analysed, what he was doing wrong. He even thought of quitting, as none of his ideas had worked out. But persistence is the key. This time, he decided to work with passion and patience. He also realized that a business is successful when it solves a problem. So, he started looking for a problem that he could solve. Ultimately, he got an idea of developing an online grocery delivery service, which came out straight from his own pain point.

While working at Amazon, Apoorva Mehta was unable to find time to go for grocery shopping. He could order anything online, but there were no grocery delivering services. He found an opportunity in the problem and started working to solve it.

Finding the Investors

Mehta developed the app for his new startup ‘Instacart’ and started looking for investors. He tried to get into the Y Combinator tech incubator 2012, but the summer intake was already closed. So he had to take the other way around. He met a few of the partners of Y Combinator to request them to provide him entry into the incubator. But no one agreed. He met the last partner, who did not reject him, but said that the startup idea was nearly impossible.

Apoorva Mehta came back empty-handed but sent a pack of beer to that last partner through his app. This act made that partner think of this idea again, and he convinced the other Y Combinator partners to open the entry for Mehta. And this way, the doors of success were also opened for Mehta and his startup. Finally, he launched the company in 2012, in San Francisco.

The Rise of Instacart

In two years from its inception, the company gained a $40 million and spread to 17 different locations within the U.S. and Canada. The company was named as the ‘Most Promising Company in America’ by Forbes in 2015, and even, valued at $2 billion just in three years.

In 2016, the company went to expand in the North Chicago Zone, and the next year, the company was serving in 1,200 cities in 25 states. By the end of the year, the company partnered with Loblaw Companies for deliveries. The company raised a total of $400 million investment and valued at $3.4 billion.

In 2018, Instacart partnered with companies like Walmart Canada, HyVee, The Fresh Market, Harps, Lunds & Byerlys. It even acquired a Canada-based grocer named Unata. After raising a $200 investment in February 2018, the company raised another $600 million funding in October the same year and valued at $7.6 billion.

Mehta’s startup idea was unique and became successful within a year of its inception. And today, it is among the unicorn companies. The reason behind the success of Instacart is that it was different from the other businesses. It won’t be wrong if we call Instacart the Uber of grocery, as there was no warehouse to store the grocery and no official vans were bought to do the deliveries. In fact, the grocery came directly from the retailers, and the company hired people with their vehicles to do the deliveries. Both Instacart and the retailer are in benefit, and there is no spending of money on the physical cost resources.

Reynolds Johnson – The Man Who Created the First Ever External Hard Disk

Data storage – It certainly does not carve a niche in one’s mind. However, Imagine being able to save only 5 MB data in a machine that weighed a ton and measured a whole room. That machine was the start of a journey that has resulted in accommodating the technology to create better and higher standards of living. It was the first external Hard Disk ever invented. Well, and it was in 1952.

Reynolds B. Johnson was the ninth child of John and Elizabeth Reynolds and was born in Minnesota on July 7th,1906. He was a simple school going boy who displayed a keen interest in technical and mechanical sciences. Johnson was interested in workings of the machines and exhibited his ability to the world by creating and demonstrating a working model of a submarine in a horse trough. He graduated from one of the best private schools- Minnehaha Academy and went on to pursue a BS in Educational Administration as a part of his higher education from the University of Minnesota.

A teacher by profession, Johnson decided to return to his original occupation and improve its status quo. In 1932, Johnson had an idea to create a device that could grade the standardized tests and dissipate horrors associated with it. He tasked two of his pupils to work under his directions to create such a device. He called it the “mark-sense technology”, and this was the official start to his career as an inventor. Technology-giant IBM hired him as an engineer and bought rights over his invention. The company sold his test scoring machine from 1937 onwards. Other companies such as Bell System used mark sense technology to record calls, and utility companies used it to record meter readings. The government organizations used it under the name “electrographic” technology.

Since then, his role at IBM was not limited to an engineer, but further expanded, when he led a research team at IBM’s research laboratory, with the objective of improving current data storage and retrieval solutions. His ideas are being worked on even today.

He created a machine that could store data using aluminium and magnetic drums, making the first imprint of a data external storage device on the world. His inspiring work in the field of data storage made him known as the “Father of Hard Disk Drive”.

Johnson was one of the most influential inventors of this century. His life is marked with almost hundreds of patents relating to storage and technology. He was an influential figure in the toy industry, too. He implanted technology by inventing “microphotography” in simple toys. Fischer Price also used Johnson’s technology in their “Talk to my books”. He is also famous for creating handy videocassette tapes bettering the original ones made by Sony.

Johnson’s visionary mind was recognized throughout the world. He was a recipient of several awards such as Franklin Institute’s Certificate of Merit, in 1996, and the National Medal of Technology, in 1986. Institute of Electrical and Electronic Engineers ( IEEE) established the “IEEE Reynold B. Johnson Information Storage Systems Award” in 1991. The award is given to the inventors for their outstanding contributions.

Today, we dream of getting our desired things without making a splash in the water. It would be a disgrace if we do not remember a person who has provided the world with uncanny inventions, not only in the field of technology but also in the field of education. In 1966, Johnson made a bold prediction and a correct one, too, about the future of the education system: “The classroom of the future will be as different from today’s as the computer centre is different from the accounting room with its high stools of a few decades ago.” Such pioneering vision could only be compared to today’s Bill Gates, Jeff Bezos and Elon Musks.

Hugh Herr: The Leader of the Bionic Age

There have been many scientists whom inventions by mixing the technology and biology has helped the humankind to achieve the things that were unimaginable at some time. The technology has become a helping hand for those who have born with disabilities or have got one due to some mishappening. Hugh Herr is one extraordinary person, who was born like any other fit person, but misfortune hit him bad. Even though the doctors had given up on him, he overcame his disability by inventing the perfect aid for himself, which now is also helping others as well.

Early Life

Herr was born and brought up in Lancaster, Pennsylvania, in a Christian family. In the beginning, he was not much into studies and found his love for rock climbing at an early age. At the tender age of 8, he climbed the face of Mount Temple (11,627-foot high) and became the best climbers in the United States, when he was just 17.

The Climb

In January 1982, with a fellow climber Jeff Batzer, Hugh caught into a blizzard, while climbing the Mount Washington, in New Hampshire. Due to the snowstorm, the two lost their ways and spent three nights into the Great Gulf, at a temperature of ?29 °C. On the fourth day, the rescue team found and saved them. Spending three days at such a lower temperature caused them major injuries. Due to the frostbite, Hugh was amputated below both of his legs and Jeff got his left leg, fingers of his right hand and the toe on his right foot, amputated.

Hugh Herr
Image Source: bostonmagazine.com

Hugh went through a number of surgeries. The doctors could do everything but give him another pair of legs. Hugh could not climb the mountains anymore and had to be dependent on others. He could not accept that and, his love for mountaineering, made him create a specialized prostheses feet for himself. The prostheses feet helped him not only walk but, were also capable of ascending steep ice walls efficiently.

With time, Hugh managed to create a pair of feet that had toes with a high stiffness that could stand on a small rock of the size of a coin. He even scaled many, difficult to reach, mountains with the help of those titanium feet. Soon, he regained the title of the best climber of the US once again.

Career

Along with making improvements in his prostheses feet, Herr joined college and received a graduate degree in Physics. He then attended MIT, to pursue a degree in Mechanical Engineering and received a PhD in biophysics from Harvard University.

After obtaining his Doctorate degree, he started working on advanced leg prostheses and orthoses, at MIT. He headed the Biomechatronics research group at the MIT Media Lab. The group focusses on creating more functional and comfortable wearable robotic emulating devices for the disabled people.

Hugh founded BionX Medical Technologies, Inc. also known as iWalk, Inc. In 2006, that create devices that emulate and serve to supplement the human functionality. His company manufactures the computer-controlled assistive devices to aid the disabled persons.

Hugh Herr
is a true achiever, and his story is an inspiration for many. He has received numerous awards for his contribution to Science and Technology, including the 13th Annual Heinz Award in 2007, and the Popular Mechanics Breakthrough Leadership Award, in 2005.

Personal Life

Hugh is married to Patricia Ellis Herr, who is an author by profession. The couple has two daughters together. At present, Herr is working as the associate professor in MIT’s Program in Media Arts and Sciences. In 1991, Osius, Alison wrote his biography with title Second Ascent: The Story of Hugh Herr.