DEWIE Chairs for Children, Kingwood, TX
Like many young entrepreneurs, Daniel's first business
at the age of 8 was a lemonade stand. But instead of throwing down a
stand in his front yard, Daniel set up shop at a nearby soccer field
where he knew there were lots of thirsty players and fans. Earning $15
a day selling drinks was okay, but Daniel believed he could do more
with this opportunity. That's when he got the idea to make children's
chairs with PVC pipe frames and colorful canvas covers. Since that time,
Daniel has sold thousands of DEWIE Chairs for Children at daycare centers,
craft shows, and gift shops throughout Texas. To keep up with demand
he orders PVC pipe by the pallet, spends several days cutting pipe,
and uses an assembly line to manufacture the chairs. His biggest sellers
are customized chairs with university logos and colors. Eventually,
he plans to hire other people to help step up the production and sales
of his unique, but practical product. Daniel is now a student at Texas
A&M University, but he still keeps DEWIE Chairs going and growing by
updating his business plan to reflect the changing demands of the market.
During the 11 years he has been in business, Daniel has continually
invested a percentage of his profits in two kinds of stock: livestock
and shares of stock in publicly traded companies. DEWIE stands for Daniel
E. White Investments & Enterprises, a corporation Daniel formed to handle
his business interests.