Tajudeen Bisiriyu
Schaumburg, IL (USA)
Role(s):
Other
IT brothers
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Startup
Location:
Schaumburg
Industry:
Manufacturing
Year Founded:
2011
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
"C" Corporation
Description:
IT Brothers is for-profit company with a social mission. We at IT Brothers are dedicated to providing engaging toys and consumer products. The company was started by two brothers, Idris Sunmola and Tajudeen Bisiriyu. IT Brothers is a C Corporation, operating out of Schaumburg, Illinois. The organisation's major focus is to make products that cut through different demographics and needs of life. With two product still in its prototype and one in its idea stage, the company is seeking funding to bring them all into fruition.
IT Brothers has identified four keys to success that are instrumental in the sustainability of the business. Number one is the need to develop creative products and engaging toys. The second key is adopt strict financial controls. The third is to implement the "One for One" concept as soon as mass production begins. And,the last key to success is the need to listen to customers, effectively creating a feedback mechanism for product improvement.
IT Brothers has conservatively projected combined sales of $998,500 for all products in year one. The yearly sales will rise to $7,987,000 in year two due to well established supply channel and understanding with retail chains. IT Brothers is destined to succeed due to a combination of excellent products, the insight to recognize a wonderful market opportunity and a great partnership with one of the most successful entrepreneur in the toy industry Robert Croak.