Forbes recently released the seventh annual “30 Under 30” list and a young Iowa farmer who created an Amazon for agriculture has made the cut.
Brad McDonald, 29, is on the Retail and Ecommerce List for co-founding a company that allows farmers to buy fertilizer, seed, and more online. Agroy’s goal is to cut overhead costs on inputs. Through their online platform, Agroy allows farmers to buy wholesale products with other farmers across the world. The young business did over $2 million in sales its first year, in 2016.
McDonald, who hails from Ryan, Iowa, worked as research analyst in commodities trading before moving to agriculture finance at Wells Fargo in Chicago. He now divides his time between Agroy, based in Chicago, and his father’s pig farm in Iowa.
The “30 Under 30” features 600 young innovators, entrepreneurs, and leaders who are challenging the conventional wisdom and rewriting the rules for the next generation. The Forbes class of 2018 30 Under 30 list, presented by Jaguar, includes 30 honorees for each of the 20 categories. All under 30 years old, the honorees were vetted by a panel of blue-ribbon judges in their respective fields. Over the past seven years, Forbes has grown a 30 Under 30 alumni network of over 4,000 people worldwide.
“For the past seven years, the Forbes 30 Under 30 list has emerged as the way that the world discovers the next generation of entrepreneurs and game-changers,” said Randall Lane, Editor of Forbes Magazine and creator of the Forbes Under 30 franchise. “This is the ultimate club: the people that will reinvent every field over the next century.”