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DenyAllow * Get Benzinga Pro * Data & APIs * Events * Premarket * Boost * Advertise Contribute España India Italia 대한민국 日本 LoginRegister * Our Services * News Earnings Guidance Dividends M&A Buybacks Legal Interviews Management Offerings IPOs Insider Trades Biotech/FDA Politics Healthcare * Markets Pre-Market After Hours Movers ETFs Forex Cannabis Commodities Binary Options Bonds Futures CME Group Global Economics Mining Previews Small-Cap Real Estate Penny Stocks Digital Securities Volatility * Options * Ratings Analyst Color Downgrades Upgrades Initiations Price Target * Ideas Trade Ideas Long Ideas Short Ideas Technicals From The Press Jim Cramer Rumors Whisper Index Stock of the Day Best Stocks & ETFs Best Penny Stocks Best S&P 500 ETFs Best Swing Trade Stocks Best Blue Chip Stocks Best High-Volume Penny Stocks Best Small Cap ETFs Best Stocks to Day Trade Best REITs * Money Investing Cryptocurrency Mortgage Insurance Yield Personal Finance Forex Startup Investing Real Estate Investing Prop Trading Credit Cards Stock Brokers * Crypto * Cannabis Cannabis Conference Earnings Interviews Deals Regulations Psychedelics Markets Pre-Market After Hours Movers ETFs Forex Cannabis Commodities Binary Options Bonds Futures CME Group Global Economics Mining Previews Small-Cap Real Estate Penny Stocks Digital Securities Volatility Options Ratings Analyst Color Downgrades Upgrades Initiations Price Target Ideas Trade Ideas Long Ideas Short Ideas Technicals From The Press Jim Cramer Rumors Whisper Index Stock of the Day Best Stocks & ETFs Best Penny Stocks Best S&P 500 ETFs Best Swing Trade Stocks Best Blue Chip Stocks Best High-Volume Penny Stocks Best Small Cap ETFs Best Stocks to Day Trade Best REITs Money Investing Cryptocurrency Mortgage Insurance Yield Personal Finance Forex Startup Investing Real Estate Investing Prop Trading Credit Cards Stock Brokers Crypto Cannabis Cannabis Conference Earnings Interviews Deals Regulations Psychedelics Research My Stocks Tools Free Benzinga Pro Trial Calendars Analyst Ratings Calendar Conference Call Calendar Dividend Calendar Earnings Calendar Economic Calendar FDA Calendar Guidance Calendar IPO Calendar M&A Calendar SPAC Calendar Stock Split Calendar Trade Ideas Free Stock Reports Insider Trades Trade Idea Feed Analyst Ratings Unusual Options Activity Heatmaps Free Newsletter Government Trades Perfect Stock Portfolio Easy Income Portfolio Short Interest Most Shorted Largest Increase Largest Decrease Calculators Margin Calculator Forex Profit Calculator 100x Options Profit Calculator RecentMarkets SPY 594.921.07% QQQ 522.491.34% BTC/USD 94313.860.1504% DIA 429.730.8% GLD 241.920.47% TLT 87.050.88% December 24, 2024 6:30 PM 3 min read HE STARTED A SIDE HUSTLE ON FACEBOOK AT 15 – NOW IT'S A $1.6M NONPROFIT CHANGING THOUSANDS OF LIVES: 'THE MARGINS WERE INSANE' by LaToya Scott Follow Add Comment| 1 Beat the Market With Our Free Pre-Market Newsletter Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter COMMENTS Close menu Loading... Dylan Zajac's journey to bridging the digital divide began with skateboards, thrift shops and a knack for refurbishing computers. Now 21, Zajac is the founder of Computers 4 People, a nonprofit that has donated over 3,668 computers to individuals and organizations in need while diverting 55,000 pounds of e-waste from landfills. In an interview with Young Entrepreneur, Zajac shared how his teenage side hustle turned into a mission empowering thousands to connect to the digital world. Don't Miss: * Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – with $1,000 you can invest at just $0.26/share! * The global games market is projected to generate $272B by the end of the year — for $0.55/share, this VC-backed startup with a 7M+ userbase gives investors easy access to this asset market. "I started out by skating around Brooklyn with my high school friends, visiting thrift stores for fun," Zajac told Young Entrepreneur. "We'd often hit three or more shops in a day, hunting for old computers we could negotiate down and take home on skateboards." In his bedroom-turned-workshop, Zajac taught himself how to repair and resell these machines through platforms like eBay and Facebook Marketplace. "The margins were insane, sometimes as high as 80%," he shared. What began as a hobby quickly grew into a profitable venture. Still, Zajac soon noticed two glaring issues: the environmental toll of discarded electronics and the massive gap in digital access worldwide. See Also: It’s no wonder Jeff Bezos holds over $70 million in art — this alternative asset has outpaced the S&P 500 since 1995, delivering an average annual return of 11.4%. Here’s how everyday investors are getting started. UNITAR reported that 2022 global e-waste hit 62 million tonnes – enough to fill 1.55 million 40-ton trucks circling the Earth. Yet only 22.3% of this waste was recycled, leaving the majority to pollute the planet. Meanwhile, nearly 2.6 billion people remain offline, missing opportunities for education and employment, according to Reuters. Recognizing the overlap between these crises, Zajac channeled his skills into a larger purpose. In 2019, as a high school sophomore, Zajac founded Computers 4 People. "I used online tutorials to figure out how to incorporate, file for 501(c) (3) status and draft bylaws," he said. The mission: collect used computers from individuals and companies, refurbish them and distribute them to people in need. By the time he started college at Babson the nonprofit was well on its way to making an impact. Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — you can become an investor for $0.80 per share today. Building Computers 4 People came with its own set of challenges, especially balancing nonprofit leadership with school. "There's really no such thing as balance; you just have to make it work," Zajac told the publication. Critics doubted the sustainability of his model once he went to college, but Zajac defied expectations by designing systems to automate inventory, donor relations and grant reporting. "I created proprietary systems that allowed us to scale and run efficiently," he explained. Securing funding and donations remains a hurdle, but partnerships with Fortune 100 and 500 companies and $1.6 million in grants and donations have helped the nonprofit thrive. "The demand is overwhelming, but diversifying our funding sources has allowed us to expand," Zajac said. For Zajac, the rewards are personal. "I love solving tough problems and seeing the life-changing impacts of our programs," he shared. When asked about advice for aspiring changemakers, he emphasized action over hesitation: "Don't overthink every step. Act fast, make decisions quickly and keep moving forward." Loading... Loading... Read Next: * ‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.26/share with a $1000 minimum. * If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Market News and Data brought to you by Benzinga APIs © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. -------------------------------------------------------------------------------- Posted In: Startupsnews access Benzinga simplifies the market for smarter investing Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about. Join Now: Free! Already a member?Sign in Recommended Stories Man Keeps 17-Kilogram Rock For Years, Thinking It's Gold – Turns Out It's A 4.6 Billion-Year-Old Meteorite Worth Much More Undo Elon Musk Calls Jeff Bezos' Ex-Wife MacKenzie Scott's $19 Billion Charitable Donations 'Concerning'Tesla Inc. CEO Elon Musk has raised fresh concerns about MacKenzie Scott's charitable donations, highlighting growing tensions over billionaire philanthropy and its societal impact. 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