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Neptune puts in long days, working from 7 a.m. to midnight or later. “Theres very little of a social life when youre a founder,” he says. “The reality is you have to outwork as lots of individuals as you can.”.
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Meet Dwight Neptune, a 22-year-old college dropout who established drone start-up Beagle Drones at the age of 18..
Raising money as a Black creator is “weird,” Neptune notes. “Ive been with a number of VCs, angel funds, and nine times out of 10, Im the only Black founder there.”.
He aims to foster an accepting and varied culture at Beagle. “Our team is incredibly diverse by default since our C-suite and our starting team is diverse, and it simply draws in other individuals that wish to work with a diverse group.”.
Watch the video above for more information about his experience as a young CEO, and how hes constructed a drone company from the ground up.
Neptune and his co-founders developed the prototype with off-the-shelf parts and sold it at cost in May 2017 to test the marketplace. After three terms, Neptune left of Mercer County Community College to pursue Beagle Drones full-time as CEO.
Neptune began studying electrical engineering in high school and picked up drones as a pastime. He “wanted to develop something that people enjoy and saw FPV as the entrance to building really cool tech items.” FPV, or first person view, drones are more nimble than conventional drones and enable the user to get video footage that would be physically impossible with other kinds of drones.
Now, 3 years later, the New Jersey-based company offers two different drones, priced at $130 and $400, and is on track for $100,000 in sales in 2020, according to Neptune. Hes in the procedure of raising $1 million at a $4 million valuation, he says.
He has big aspirations: Neptune desires to be one of the first Black founders to pull off a billion-dollar tech business..
Neptune started studying electrical engineering in high school and picked up drones as a pastime. Neptune puts in long days, working from 7 a.m. to midnight or later. “Theres not much of a social life when youre a creator,” he states.
