categories

HOT TOPICS

Building an American E-commerce Company that Now Sells into China: Peter Mann, CEO of Oransi (Part 1)

Posted on Friday, Feb 28th 2014

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. 

Peter Mann started Oransi as a B-to-C e-commerce company. Today, 40% of his $10M revenue comes from China. This is the kind of company America hopes to see more of – selling American products to international consumers.

Sramana Mitra: Peter, let’s start with your background. Where were you born and raised? What kind of background leads up to your entrepreneur story?

Peter Mann: I was born in Syracuse, New York. I lived in the same house till I was 18 and went off to college. My father was a mechanical engineer. He was a manager at General Electric. He comes from a time when people worked 40 years in a company and then get their retirement package. He was also a professor of Mechanical Engineering at Syracuse University. We were heavily involved with the university. I grew up around a university atmosphere during my childhood.

Sramana Mitra: What about college? What path did you follow?

Peter Mann: I went to the University of Rochester, which was 90 minutes down the road. My degree was in Statistics. I really like Math. The further I got into Math, the more theoretical it became. I like more applied Math. That’s how I ended up in Statistics. I went to Rochester on a Navy ROTC scholarship. I liked the idea of having a job when I got out of college as well as having my tuition paid for four years. It was a good deal for me. At that time in Rochester, 10% of the student body was in Navy ROTC. It was a pretty large group.

Sramana Mitra: What did you do after college?

Peter Mann: I went into the Navy after college. In college, another thing that I did that was helpful to me was starting a fraternity. Instead of joining a fraternity, I got together with a group of friends and started our own fraternity. That was a really good experience in terms of forming an organization and going out and recruiting people. At this point – 25 years later – it’s growing strong and is consistently ranked as the top fraternity at the university. That’s something we’re very proud of.

Upon graduation, I went into the Navy. I was in Newport for Officer Training. I was stationed at a frigate out of North Virginia. I was there for about three and a half years. That was a really good experience because I was just 21 and was given 23 people to manage – nearly all of who were older than me. You are in a situation where you have to respond very quickly and use your training but also use people skills to get the job done. Most people under 21 wouldn’t get a management position like that.

This segment is part 1 in the series : Building an American E-commerce Company that Now Sells into China: Peter Mann, CEO of Oransi
1 2 3 4 5 6 7

Hacker News
() Comments

Featured Videos