St. Louis Commerce Magazine St. Louis Commerce Magazine Archives Contact Commerce Magazine Subscription Information Advertisement Information Editorial Calendar St. Louis Commerce Magazine Reprints St. Louis Commerce Magazine Quantity Discounts
St. Louis RCGA
Navigation



Above: Tom Ruwitch (left) and Matt Coen, cofounders
of SportsHuddle.com and sports buffs, have started
a web site dedicated to covering and recognizing
high school sports and athletes.

TRENDS
Dot.com Lures Entrepreneurs

By Cindy Teasdale

It seems like dot.coms are sprouting faster than weeds, and it’s not just in Silicon Valley, but right here in our own backyard. In the last few months, a host of St. Louis-based entrepreneurs have founded Internet companies based on a hobby or life passion, taking risks ranging from leaving a stable job to investing what little money they have in a chancy venture. While 99 out of 100 Internet companies will ultimately sink into the mire of failed dot.coms, local entrepreneurs are convinced that it’s their enthusiasm for their subjects that will keep their companies afloat.

Matt Coen, president, CEO and co-founder of SportsHuddle.com, feels that without a doubt, “the zeal and passion I had for sports, and the positive experience I’ve had with high school sports in particular, led me to come up with a great idea and be able to turn it into a successful company.” SportsHuddle, founded in 1999, is a Web site dedicated to covering and recognizing high school sports and athletes.

Both Coen and co-founder Tom Ruwitch have coached high school teams in addition to playing various sports. “I’ve always tried to keep track of certain schools’ records, whether it’s my own alma mater or a school where a niece or nephew plays. And high school sports have never had a good medium—local television and newspapers just didn’t do the students justice. But we can, with the help of the Internet.” SportsHuddle will be in 50 markets by fall, and plans to reach half of the country’s high schoolers by this winter.

Another brand new dot.com is Campusdog, founded in 1999 by Mark Green and Chris Carl, who were fraternity brothers at Southeast Missouri State. “In college, especially going to a school in a smaller city, we always wished that we’d had more awareness about what was going on around town and in other cities,” Green says.

“I’ve always been an entertainment junkie,” Green continues. “I love films and live music. As the Internet started changing the way we get information, I began to come upon sites where I’d find myself saying ‘wow-I wish they had this when I was in school!’ And at some point it hit me how to create the site that I would have wanted and make it available it to college students all over the country.” Campusdog plans to reach 1,300 schools this month.

Green, who is 27, feels that there’s no way he couldn’t have run with his idea. “With the way business is going today, it amazes me that there are people out there with great ideas who aren’t willing to take a chance. Even if I walk away from this, if we fold in a matter of months, the experience and knowledge that I’ll have gained will be invaluable.”

And if you’ve got the passion and a great idea, you don’t have to be a young male to make it in the Internet world, as Nancy Hunot is proving. Hunot (pronounced who know), 45, left Thompson Coburn LLP’s IT department earlier this year to run WhoKnowsMinis.com, a retail miniature dollhouse furniture site.

“I’ve always loved doll houses, and have kept with the hobby my whole life. And I had good luck when it came to professional choices.” Hunot took a job sending telegrams with Western Union straight out of high school, and has been in communications and technology ever since.

“I haven’t taken a class since high school,” Hunot says. “I had bosses who would let me borrow equipment and manuals at night, so I could teach myself about new hardware and software.” Hunot also taught herself HTML between jobs, and while working at Thompson Coburn stumbled upon a bulk distributor of miniature furniture on-line. “I had literally mistyped an address; I was looking for a cheap price on recordable CDs for work, and instead came upon a clearance house for all of this dollhouse furniture that I had been looking for—and it was all half the price of the same pieces in a store!” She bought an entire shipment—more than 500 pieces of miniature furniture, and in her free time would auction off sets on ebay at still greatly discounted rates—and made a killing.

“I realized that there was a real need for this service, and that no one was taking advantage of the Internet to act as a middle-person, while at the same time working to the benefit of the consumer.” Within months she was making enough to quit Thompson Coburn completely in order to found her own retail store on-line, and recently brought on her sister Lucy Hunot Shaw as a second employee. “Thompson Coburn’s going-away gift was a banner ad for my company at one of the most popular miniature hobby sites on the Internet.”

Hunot thinks that her fascination with dollhouses was in part due to the fact that she could create the ideal home. “We all have a dream of what the flawless house would be, but so few of us can actually achieve it. Dollhouses are a way of feeling like you created the perfect home, on a smaller scale.” At her rate, in a couple of years Hunot may actually be living in the life-size version of one of her own miniature creations.

Though it’s too soon to say whether any of these companies have what it takes to be that one out of 100 that will still be around next year, it seems that their founders have certainly done something right. They’ve all created companies based on an aspect of their lives that brings them joy, and they all love going to work in the morning, or at any time, as the case may be. “I’ve never worked so hard in my life,” says Campusdog’s Green, “and I’ve also never been happier.”


Cindy Teasdale is a St. Louis-based free-lance writer.





 

 

 


[ Bookmark/Favorites: http://www.stlcommercemagazine.com/ ]
Home | Archives | Contact Us | Subscription Info
Ad Info | Editorial Calendar | Reprints | Quantity Discounts



Reproduction of material from any stlcommercemagazine.com pages without written permission is strictly prohibited.
Copyright © 2005 St. Louis Regional Chamber & Growth Association (RCGA). All rights reserved.
St. Louis Commerce Magazine, One Metropolitan Square, Suite 1300, St. Louis, MO 63102
Telephone 314 444 1104 | Fax 314 206 3222 | E-mail | Advertising information