Age: 26
Company: Milan Direct
Sector: Internet
Dean Ramler decided to sell discount furniture online after visiting Milan and discovering replicas of famous furniture pieces were too expensive, and equally hard to find.
So he, along with fellow Hot 30 entrepreneur Ruslan Kogan, designed a business model that would create the furniture in China and sell them purely online. He had the experience - his grandfather began a furniture business 50 years ago and showed Ramler how to design and construct furniture himself.
Starting up has been a challenge. The business lost about $20,000 due to a deal gone sour with a transport company, and Ramler says it's a constant battle to keep prices low. But the company is continuing to grow, with revenue of $5 million in 2007-08.
2009 Hot 30 Under 30
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People : Dean Ramler, Fred Schebesta, Marcus Sellen, Owen Batt, Ruslan Kogan, Tristan White, Daniel Tzvetkoff
Companies : Milan Direct
