In success stories we take a look at some of the most successful people in history and breakdown their lives and tips to success. In this post we’re taking a look at the success of Snapchat co-founder Evan Spiegel.


 

Profile

Name: Evan Thomas Spiegel

DOB: 4, June, 1990

Net Worth: 2.1 Billion USD

Initial Age Of Success: 22-23

Mentors: Scott Cook, chief executive of Intuit


 

Early Life

  • Born in Los Angeles to millionaire parents. Evan admits having luck on his side, with his childhood being pretty easy
  • Attended Stanford University and was labelled a hard working student
  • Had an unpaid internship at Redbull and paid internships at a bio medical company and Intuit, a software company where he met his mentor Scott Cook
  • Snapchat was originally called Picaboo, however it flopped
  • Evan, Reggie Brown and Robert Murphy founded Snapchat shortly after as part of a re-branding scheme
  • Reggie Brown was later forced out of the company, very much like the story of Facebook and Eduardo Saverin
  • Evan actually proposed that his design class should work on Snapchat as a class project. Whoever turned down his proposal must be kicking themselves today
  • In the fall of 2011 Snapchat began to take off

 

Growth

  • In 2012 Evan left Stanford 3 classes short of graduation in order to focus on Snapchat
  • After 2 years Snapchat consisted of a 28 person team
  • In late 2013 Spiegel turned down a $3 billion offer from Facebook to buy Snapchat
  • In May 2015 Snapchat managed to raise $538 million in funding
  • This boosted Snapchats value to $16 billion
  • Evan became the worlds youngest billionaire at the age of 23. Although snapchat wasn’t making money itself, Evan owned 13% of non-liquid stock, which consequently made him a billionaire

 

Current Life

  • Snapchat currently has over 100 million users per day and is growing
  • 400 million snaps are uploaded a day
  • Evan is going through a transformation, he admits that he wasn’t the best person growing up and has vowed to change his personality
  • Evan has been asked to do many keynote speeches at respected universities and shows
  • He’s currently dating Australian Supermodel Miranda Kerr
  • Evan still works at Snapchat

 

Top Traits

  • Huge belief in his own ideas
  • Obsessive/perfectionist
  • Willing to admit his weaknesses/evaluate himself
  • Highly ambitious
  • Ability to understand what the customer wants and keep things simple

 

Top Tips For Success

  • Anyone can start a company
  • Start a business in University, you have time and a safety net
  • Keep everything simple
  • Don’t chase the money chase a vision
  • Build a great team
  • Ask yourself, do you want to work for someone else?
  • Create something that you don’t want to sell
  • Embrace what makes you different

 

What Can We Learn From Evan Spiegel?

  • Regardless of your current situation, work hard. Evan was blessed with riches from birth, yet he still had the ambition and drive to become more
  • No matter how you acted in the past, your future is an unwritten chapter. Never let what you’ve done hold you back from what you can do
  • Focus on your idea and forget about the money. If you focus on being creative and work hard, then the money will come naturally
  • Anything can be achieved. Who would’ve thought that the world needed another social media app? But Evan proved everyone wrong, and even recieved an offer from the social media giant Facebook

 

Best Quote

I think everyone is born creative, but it can be suppressed by fear