Jake Croman – Co-Founder of the Eddie Croman Foundation

Take things slower and enjoy a little more often. Don’t live too fast and always enjoy time with family and friends.

Jake Croman is a young entrepreneur and the co-founder of the Eddie Croman Foundation, a non-profit specializing in research and support for dogs with cancer and other illnesses. The Eddie Croman Foundation also helps cover the pet bills of families who cannot afford to cover them on their own. In addition to conceiving the organization’s original mission, he pursues fundraising and management responsibilities for the foundation.

While still in high school, Jake Croman spearheaded an enterprising business effort to connect mid-range artists with booking agents at local New York City music venues. Valued as a negotiator, he gained the networking and logistical experience to leverage the in-demand market in the music and entertainment industries.

Building off his fundraising and entrepreneurial prowess, Jake led a fundraising campaign for St. Jude’s Children Hospital through the Tau Kappa Epsilon fraternity at the University of Michigan. Due to his leadership efforts, TKE was recognized as one of the most charitable fraternities in the Midwest.

Jake Croman is currently earning his degree in American Culture, with a concentration on Jewish studies in World War II. As a college student, Jake brings unique insight to his role, offering thought leadership and advice for new entrepreneurs and those balancing academic life and business careers.

Where did the idea for The Eddie Croman Foundation come from?

The Eddie Croman Foundation started when our family dog Eddie passed away. My family and I love animals and were seeing many families at the Vet who were unable to afford their pet bills. We know how important our animals are to our family and decided we wanted to help provide financial help to other families who couldn’t afford their pet bills on their own.

What does your typical day look like and how do you make it productive?

I’m currently a college student, so I wake up and go to class; currently focusing on World War 2 and Jewish Studies. Then I walk home and do my work and usually spend some time reading the news. I like to end my day relaxing by watching a movie on Netflix or hanging out with friends.

How do you bring ideas to life?

I have a great group of friends and colleagues who I enjoy collaborating with and bouncing ideas off of.

What’s one trend that excites you?

Millennials and emerging technology.

What is one habit of yours that makes you more productive as an entrepreneur?

I focus on not procrastinating, and getting things done in a timely manner.

What advice would you give your younger self?

Take things slower and enjoy a little more often. Don’t live too fast and always enjoy time with family and friends.

Tell us something that’s true that almost nobody agrees with you on?

There’s no better time to start a business then while you’re in college.

As an entrepreneur, what is the one thing you do over and over and recommend everyone else do?

Stick to a routine and never procrastinate.

What is one strategy that has helped you grow your business? Please explain how.

Giving incentives for referrals. Always give other people a reason to help you.

What is one failure you had as an entrepreneur, and how did you overcome it?

In terms of music, a failure that I’ve had is doing business with someone who wasn’t ready. Never assume that you’ll make money until you’ve done your due diligence on the people you’re working with. Don’t get stuck listening to the hype, always do your due diligence.

What is one business idea that you’re willing to give away to our readers?

Find something you’re passionate about and go with it.

What is the best $100 you recently spent? What and why?

A gift to my girlfriend.

What is one piece of software or a web service that helps you be productive? How do you use it?

I use Flipboard as a way to sort through and find the most relevant news for me.

What is the one book that you recommend our community should read and why?

Steve Jobs Autobiography, an absolutely inspiring read.

What is your favorite quote?

Great things in business are never done by one person. They’re done by a team of people. -Steve Jobs