Entrepreneurs typically start at the bottom and work their way to success, sometimes quickly and sometimes not so quickly. Billy McFarland is expanding very rapidly with his career and his latest enterprise, Magnises. Magnises is an elite social club that he has designed for the millennial crowd and those with similar mindsets and lifestyles.
At 25, Billy McFarland is an entrepreneur and also a millennial on the east coast. His concept is to expand this fun and exciting club to make it easier for this crowd to connect. Founded in 2013, there are now over 13,000 members in NYC and DC where Magnises originated, and it has become a wild success by 2016.
A member is entitled to an entire array of products and services that are exclusively designed for it, including gourmet restaurants, front row seating for concerts and sporting events and other entertainment as well as thousands of products that are featured online that are perfect for this age group.
According to The Guardian, in 2015, Billy McFarland developed the Magnises Black Card for every member. The card holds the key to every service or product that Magnises includes, and the member is able to transfer their credit card information to this black card.
This black card can be used for anything the member desires, which is exactly the way a millennial prefers it, too, with everything they need and want available in one place. Billy McFarland has created an excellent social club for this generation.
McFarland has never held a real job; he has always bringing a company online since he was 9 years old. His first company was an online company that connected the client to a designer.
When he was 19 years old, he left his freshman year at Ruttgers to lauch Spling, which took URLs and transformed them into graphics so they could be displayed on online bulletin boards. He maintained his position as CEO of Spling, when he founded Mgnises.
Today, Billy is planning the future of Magnises. He wants to open the club in other U.S. cities such as Orlando, Atlanta, L.A. and when he has accomplished this, he anticipates opening the elite club internationally.