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Business Invention: Tobias Luke And Scrott Lake

875 Words4 Pages

Introduction 1
When and Where Born 1
Details of Business/Invention 1
How Success Achieved 2
Entrepreneurial Skills Possessed 2
Other Information 2
Conclusion 3
Bibliography 4 Introduction
There were two entrepreneurs of this company who started it, Tobias Luke and Scrott Lake after Tobias Luke and Scrott Lake had enough funds to start up their business, they launched their online-storefront builder in 2006, and they named it Shopify.
When and Where Born
Tobias Lukte was born on July 16, 1980 in Koblenz, Germany; he came to Canada in 2002 when he was 22 years old. Currently he is 35 years old.
Scrott Lake was a co-founder, however no information was found

Details of Business/Invention (Delete "Business" or "Invention” whichever does …show more content…

Their Headquarter is located in Ottawa, with an addition of other offices in Toronto, Montreal, and Kitchener. Shopify has been running for 9 years and it is a very successful business. Shopify has hit a 10 billion dollars in sales. It is in the service industry that runs online. Shopify helps you set up your story online for you to sell your goods. With the power of Shopify you can design you own shop. It comes with over 100 pre-designed themes/template and in addition, new themes and templates are constantly added so it keeps your store fresh and up to date. A shop owner can go to Shopify for advice and tips from other users and employees at Shopify. Furthermore, Shophify contains guides and tutorials to help assist you for your E-commerce …show more content…

He named it SnowDevil. It is still found online as Shopify demo store. Currently there are over 175, 000 active Shopify stores. Tesla Motors, Budweiser, Wikipedia, and LA Lakers all use Shopify to sell their products. Shopify has over 780 employees and helps entrepreneurs in over 150 countries. Recently, Shopify went public. On May 21, 2015, the initial price was $17 USD. Shopify can help small, medium and large sized business sell their products in a few different ways. Online store is where you can use Shopify to create you very own online store/website. It gives you the ability to create and design you website however you want it. In addition, you must also have the buy Button to be able to sell on your website. Shopify can also provide you with a point of sale system. This allows you to sell your products in your storefront. It lets you manage your business from you phone, tablet, or computer. A credit card reader is also provided. Enterprise, which is also known as Shopify plus this Shopify selling method is trusted buy many big companies. Shopify plus allows you to sell products on major selling channels such as Amazon, EBay, Pinterest, and Facebook. You can unleash the power of Shopify from 9-179 dollars per

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