For Billy McFarland, the path to entrepreneurship began early. He was just 13 when he started his first business at home with just his computer. McFarland would go on to found several more companies before he graduated high school.
Once in college, he had the idea for Spling, an outfit that specializes in optimizing URL’s by changing them into graphics featured in a mosaic-patterned board. The startup was venture-backed and boasted clients like Discovery, Hearst, and Universal. McFarland was educated at Bucknell and studied engineering.
McFarland’s entrepreneurial spirit is tempered with that of the philanthropic, as he has started several nonprofit organizations. LEAP, which stands for Learning Entrepreneurship Through Active Participation, is an initiative designed to help kids in middle school and in high school learn business and computer skills.
His Accelerate Foundation helps athletes make connections with those who can mentor them in the field of their choice. It helps to promote financial stability in those needing to find another career after athletics has run its course.
According to BuzzFeed, Billy McFarland is also the founder of Fyre, a company that offers solutions for live entertainment. Their first offering, fyreBookings, streamlines the booking of performers, speakers, and athletes for events. It gives those hosting a group on-demand access to entertainers of many types.
Billy McFarland’s appreciation for community and technology converged when he started his next company, Magnises. Its hallmark is a black credit card on which the information from the credit card of your choice is imprinted.
There is a $250 annual fee and members are still able to use the credit card whose information has been copied. The card is for professionals, especially millennials, who are entrepreneurs and business people. Magnesis is not attached to a financial institution.
Members are currently pooled from New York City and from Washington D.C. and work in a variety of industries. Magnises hosts events for networking and has several locations open on a daily basis where members can interact with one another in person.
Upscale brands like Johnnie Walker, Tesla, and Samsung have provided members with interactive experiences and appreciate the exposure they get to this segment of the business population. Magnises has over 25,000 members to date.