Young Entrepreneurs - Brad Galiette
February 1st, 2007 by digerati
From Business Week.
Brad Galiette
Polaristar
www.polaristar.com
New Haven, Conn.
Age: 21
Brad Galiette is just like any other small business owner, except he runs his $1 million company, Polaristar, which he founded in 2003, from his dorm room at Yale, where he is a junior, double majoring in economics and computer science. Polaristar sells online advertising infrastructure, marketing, and hosting services mostly directed at small businesses. “It does get pretty busy, I must say. But the great thing is that most of what we offer is automated,” says Galiette.
Galiette has one full-time partner, and two or three part-timers at any given time. He reinvests most of the profits to grow new areas of the business. Polaristar is organized into seven business units, several of which are slated to release products in 2007. TagTarget, for instance, will offer consumers the ability to compare product prices both at online merchants as well as at brick-and-mortars in their vicinity. North Merchant will offer a suite of tools enabling businesses to safely accept credit- and debit-card payments as well as electronic checks.
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