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Written by: Nick Friedman

Get an MBA or Buy a Franchise? - Click To Read Article
Nick Friedman, America's youngest franchiser, discusses the new choice in achieving career success. Obtaining an MBA versus buying a franchise.

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About the Author: Nick Friedman
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Like many college students, Omar Soliman and Nick Friedman were looking to earn some extra cash during their break - what they ended up with was a multi-million dollar enterprise.

In the summer of 2003 the former high school buddies loaned a beat-up cargo van from Soliman's mother and began offering a junk removal service. It wasn't long before the clean-cut collegiate friends were in high demand. Even after they returned to their universities for the school-year, they continued to get calls for junk hauling back in their hometown.

During his senior year of college, Soliman decided to draw up a business plan and submit it to the Leigh Rothschild Entrepreneurship Competition. The plan placed first out of 150 entries and earned Soliman $10,000. With this, College Hunks Hauling Junk was born.

Upon graduating, Soliman and Friedman both entered the corporate world, but couldn't ignore their entrepreneurial spirit. Leaving their jobs after just a few months, Soliman and Friedman decided to implement College Hunks Hauling Junk on a full scale. After investing every penny they had earned, and streamlining the system, the two became America's youngest franchisors at the age of 25.

Today Soliman and Friedman own College Hunks Hauling Junk in Washington D.C. and San Francisco. They also have over 20 franchises. The company employs college and university students across the country and provides an environmentally-friendly service. The Hunks recycle over 60% of items they collect and donate any reusable items to local charities.

Soliman and Friedman want to do more than provide a good-looking service, they want to do good as well. From donating a portion of their revenue from every job to College Bound - a college mentorship program - to food drives and sneaker collections for underprivileged youth, the Hunks are always looking to lend a hand to their community.




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