Ten years ago, Jacob Goodman, BSBA ’15, and his fraternity brother Josh Arbit, BSBA ’13, were students at WashU.

And, at the time, Fresh Prints was a failing clothing company that sold fraternity, sorority and college-branded merchandise.

Using Arbit’s bar mitzvah money, the friends bought the company for $16,000.

Today, Fresh Prints has 290 full-time employees and annual revenue of $40 million. Jolijt Tamanaha, a WashU BA ’15 who minored in writing and marketing, came on as the third co-owner in 2015.

An article in the July issue of Entrepreneur explains, in five steps, how they did it. Check it out.

Photo: Fresh Prints owners (from left) Josh Arbit, Jolijt Tamanaha and Jacob Goodman. (Courtesy of Fresh Prints)