Entrepreneur
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Start Up Stories: Pigeonly
Posted
March 14, 2018
Views
576
Likes
13
Comments
3
Engagement
2.78%
March 14, 2018
576
13
3
2.78%
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1:09Now PlayingFrederick Hutson created and sold his first company while serving in the Air Force as an F-16 Fighter Jet engineer. After leaving the military with an honorable discharge, he turned his skills and innovation toward shipping. The only problem was the product. Hutson was busted for moving 8,000 pounds of marijuana across the border, arrested, tried, and imprisoned.
Hutson saw an opportunity in the slow and expensive prisoner communications system and analyzed the market during his time in prison. After serving his 51 month sentence, he pitched the business plan to his friend Alfonzo Brooks and the two of them scrapped together about $5,000 to launch a website and print postcards to market the business. A couple years later he closed a $5 million round of funding. Watch this video to learn how Hutson turned a broken system into a multi-million dollar a year business, all while reducing recidivism and providing employment for reformed felons.
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