From Deseret News archives:

Doba founder uses practical ingenuity

Published: Sunday, June 22, 2008 12:10 a.m. MDT
 |  E-MAIL | PRINT | FONT + - 
Growing up on a farm in southern Idaho, Jeremy Hanks often saw problems that he thought he could solve using a little practical ingenuity.

That trait has come in handy during Hanks' career as an entrepreneur, and particularly in founding his Orem-based company, Doba, which uses technology to help product suppliers and retailers bring a variety of products to market.

Hanks hopes Doba's Inventory on Demand platform will revolutionize the business-to-business aspect of product sales. Doba has a virtual inventory and fulfillment system that lets suppliers offer a greater variety of products to retailers, who access those products as they are needed by customers rather than having to maintain large inventories.

More than 300 suppliers from 25 product categories use Doba's platform, along with 20,000 startups and 200 small and midsize retailers. More than 2 million unique products can be accessed through Doba, and 225,000 orders representing $15 million in wholesale products have gone through the system since Doba was founded in late 2002.

Story continues below
That's the kind of synergy that Hanks seeks in his career as an entrepreneur, and he's keen to pass along his enthusiasm. He has a blog, Adventures in Entrepreneurship, and often speaks to groups about entrepreneurship. In those speeches, he cites his own "Seven Laws for Adventurous Entrepreneurs," which include such adages as, "Leap before you look" and "There are no roadblocks, only hurdles."

Recent comments

Sorry about the URL...

DOBA is a scam. Check eBay's Guide for...

eBay Expert | June 27, 2008 at 6:19 p.m.

previousnext

Latest comments

Most Utahns unhappy with Obama

But the nooooo the GOP passes over Sec. Condi Rice, Sec. Colin...

yes a saw a similar recipe on youtube on Utah Homes & Garden Television......

Why is Y. ignoring spew of hatred?

I wish we were hearing about how good the last drive of the game was and the...

Hatch: Abortion amendment may fail

I would like abortion to be the right of the individual not the government....

If a person needs an abortion, I feel it is betterr than an unwanted birth....

The senate bill already prohibits taxpayer money from being spent on...

Are you REALLY so desperate for attention that you'll troll the DN website...

Thank goodness it'll only be for one term.

3,396 comments now. And to the 10:17 comment above, I'm not "whining about...

you already own utah. why do you need another state?

Advertisements