How to become a Key Person of Influence

img

Forget Pokemon. Fifteen year-old Lachy Groom created his business swapping ‘gift cards’.

April 15, 2010 | By Scott Winning

Age has never been a restriction when it comes to entrepreneurship and that certainly rings true in the case of Perth entrepreneur Lachy Groom.

At only 15 years old, Groom is onto his second business Cardnap.com.au which was launched in March this year. His first business, an online design company, was successfully sold to an American buyer.

cardnap website 600wnative Forget Pokemon. Fifteen year old Lachy Groom created his business swapping gift cards.

Cardnap is an online business offering customers the chance to trade in their unused Australian gift vouchers for cash or store credit at any of their associated stores at a discounted rate. The site supports more than 45 stores including Westfield, David Jones, Myer and Woolworths.

Recognising that an opportunity lay in the fact that, according to the Australian Consumers’ Association (now known as Choice), one in three Australian gift card vouchers expires before being used, Groom is capitalising on the potential of this surplus of unused credit.

Shoppers can enter their voucher details on the Cardnap website and receive an instant cash quote which is paid via online banking or PayPal. If the customer prefers to trade their unused voucher for another gift card, they can send it to Cardnap to be validated and have their new voucher sent to them free of charge anywhere in Australia.

Cardnap also offers customers the option to donate either part of full value of their gift cards to the charity Kids Under Cover.

At a time in adolescence when many teenagers are obsessing over swap cards, it would appear that Groom’s attention and ambition have already moved way beyond Pokemon.

Want to turn your secret skills into a brand?

Want an ad like this?

Learn the Five Step Sequence to becoming a Key Person of Influence and become a highly valued (and did we mention HIGHLY PAID) person in your industry Learn from five of Australia’s most inspiring minds.

Melbourne: 1 June 2012
Sydney: 30 June 2012
Normal Price: $39.

Being GOOD at what you do is no longer enough in the new economy. Spend ONE DAY learning from THE BEST. Click here to get your ticket.

  • http://www.abcgiftcards.com john

    I recommend using abcgiftcards.com as they are the #1 gift card exchange. You can buy sell and trade gift cards at discounted prices.

    [Reply]

    Lachy Groom Reply:

    Hey John – they don’t currently support Australia, one of our key benefits is that we’re only Australia.

    Lachy

    [Reply]

  • http://findingsimple.com Jason

    Great work Lachy, keep it up!

    [Reply]

  • http://YourWebsite Andrew

    What a great idea.. So simple but with huge potential. I like it. Keep up the good work Lachy!

    [Reply]

blog comments powered by Disqus

Find Us on facebook

Latest Video

Waiting for the great leap forward? I think it’s already here [VIDEO]

Throw away your keyboard. Discard your mouse. All you need to do to control your computer is wave your hands about. No instruction manual needed, just a teeny, tiny device that reads your hand motions. Really. The revolution in human-computer interaction just took a massive leap forward.

More>>

Latest Comments

Ant Mart

Anthill Amabassadors

Marketing & Media

Sponsored by Google

What do you know about Google AdWords? This hub was developed to answer the questions you already have, and those you haven’t thought yet to ask.

More>>

thumb

Tech & Innovation

Sponsored by AusIndustry

AusIndustry is a specialist program delivery division within the Department of Innovation, Industry, Science and Research.

More>>

thumb

Growth & Export

Sponsored by How to become a Key Person of Influence

Key People enjoy a special status in their chosen field because they are well connected, well known, well regarded and highly valued.

More>>

thumb

Anty-Climax

Sponsored by Antmart

It’s a group buying site specifically created for entrepreneurs and business builders.

More>>

thumb

Upcoming Events

MAY
29

Want more leads and customers? Half day event to get big outcomes from a little budget.

Have you ever wondered… Why every industry has only a few businesses that thrive and get more leads? And they don’t suffer from cash flow problems or lack of leads, even when there is an ‘economic downturn’. They don’t have to ‘push’ or make stacks of cold calls.

More>>

MAY
22

WEBINAR: How to turn your knowledge into products… and build a global empire in your underpants!

This webinar is all about how to unlock your valuable industry knowledge and turn it into a product. It’s about how to increase the value of your business and take control of its future.

More>>