rebelling against low expectations

This 30-year-old billionaire started her company as a teenager

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(CNN) — Elizabeth Holmes left Stanford University at 19 with a plan to start her own company. For money, she cashed out the funds her parents had saved for tuition. Now, according to a recent eToro Test article, she counts billionaire Larry Ellison as an investor and has former secretaries of state on her board.

“I think a lot of young people have incredible ideas and incredible insights, but sometimes they wait before they go give their life to something,” she said. “What I did was just to start a little earlier.”

Holmes, through her company Theranos, has taken on the $76 billion laboratory-diagnostic industry as her target. It’s an industry that was just waiting to be disrupted, since blood testing has not changed since the modern clinical lab emerged in the 1960s.

Her idea: No more vials. No more tourniquets. Just a pinprick of blood gathered in a container smaller than a dime. And up to 70 lab tests can be run on one drop of blood in less time than traditional tests.

Holmes thinks that ease of testing will make people more likely to go through with blood tests and help with earlier detection of illness, something she’s passionate about. Her father, Christian Holmes IV, has spent a career working in humanitarian assistance, including several executive positions with USAID.

“My father worked in disaster relief and so I grew up in a house that had pictures of all these little children in really tough parts of the world,” she said. “I was absolutely convinced that was what I was going to do. Then when I started realizing that a company could be a vehicle for having very direct impact over a change that you are trying to make, I started thinking about the concept of what could I build that could impact a lot of peoples’ lives?”

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About the author

Brett Harris

is co-founder of TheRebelution.com and co-author of Do Hard Things, along with his twin brother, Alex. He is married to his best friend, Ana, who blogs at AnaHarrisWrites.com. He is the founder of the Young Writers Workshop — an ongoing coaching program for serious writers.

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  • Cool! Another teenage success story! I miss these, you guys should put them on here more often. I like hearing the stories of other young people and how they went against the norms of society. Maybe one day, I’ll be able to do something this neat. 🙂 And good job to Holmes too. Thanks Brett.

    • I think we can submit these type of things, if you know of somebody young who did something cool 🙂

  • So tell me…when you clicked on this link, was the first thing that popped into your head, “wow this person in the picture looks like they’re trying to hypnotize me”? Or is that just me. 😛

    But anyway, never having had a blood test I really hope this person’s ideas come into common use. 🙂 And I echo what @graysonzaragoza:disqus said, too – congrats!

  • This is a good example of yet another teen who rose up and decided to do something with their life rather than live into the complacency modern society expects.

  • Well, good for her.

    Here’s yet another example of the power of doing hard things. At the same time though, I have to say that I don’t always find these sorts of stories particularly helpful. While I’m sure reading others’ “success stories” can be inspiring, for me it sometimes takes the focus off my role as a servant of God and fills me with this desire for earthly success. And while some people find themselves in this position, the reality is that most of us will not achieve this sort of high-profile success in what we do. Often our “hard things” will be done on a smaller level, things that touch people on an individual basis rather than astonishing the world. I find that stories like this can leave me content to “dream” about success rather than inspiring me to get on and tackle the challenges which are staring me in the face.

    That said, it is amazing the amount of God-given potential we have to accomplish great things. Let’s just make sure that we use it.

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  • Hey @Brett_Harris:disqus you’ll want to see these three newest comments. (The ones by by @disqus_3fvCR7Jear:disqus )

      • What?! GodsThespian must have been getting into my account! *stomps off to find her*
        But really, I figured he’d want to know about it, and I forgot that other people (like you) also get emails from these old threads most people have forgotten.

      • You’re welcome! Is there another way to let you know about these in the future? I wondered if I was going overboard flagging their comments, then leaving a comment of my own and flagging it, too.

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  • What is it with spam on this thread!? This makes three, by my count… anyways, you mods will want to have a look at the most recent comment, by Russel Thomas.

  • You need to update – she is involved in numerous lawsuits and investigations re: effectiveness of the tests. Not a great example.

By Brett Harris
rebelling against low expectations

The Rebelution is a teenage rebellion against low expectations—a worldwide campaign to reject apathy, embrace responsibility, and do hard things. Learn More →