Philadelphia University’s Jordan DeCicco is a marvel.
The basketball point guard was named the Central Atlantic Collegiate Conference’s Player of the Week for a two-game performance this season in which he averaged nearly 28 points per game, shot nearly 70 percent from behind the 3-point line and 64 percent from the field, and had five assists, four rebounds and a steal.
Now comes the sophomore’s quest to be an entrepreneurial phenom, too — while continuing to make 5 a.m. basketball practices, attend classes and keep up his grades.
No wonder he needed an energy drink.
Unable to find one that met his standards — that is, not filled with sugar and artificial ingredients — DeCicco, 21, made one in his dorm room during freshman year in 2014.
“I decided to make a very healthy coffee,” he recalled. “I started blending organic coffee with protein and coconut oil, sweetened with organic maple syrup.”
He not only got the boost he was seeking, but the concoction tasted good.
So in January 2015, DeCicco called his brother Jake, 23, who was majoring in business at Georgetown University, and told him, “‘I have something cool.’ He loved the idea of starting a company that revolved around getting healthy products out there that tasted good.”
Their Sunniva Super Coffee drinks — which come in 12-ounce bottles and contain 10 grams of lactose-free milk protein isolate — sell for about $3.50 each in retail locations, including Whole Foods stores from Princeton, N.J., to Richmond, Va. They debuted in the fall in four flavors: hazelnut, vanilla bean, dark mocha and black brew (an unsweetened option for the true coffee addict). Sunniva is Norwegian for “gift from the sun.”
The company, which now also includes DeCicco’s other brother, Jim, 24, who left a job on Wall Street as a real estate analyst to help with the venture, ended 2016 reporting $300,000 in sales and projecting $2.5 million in 2017. That’s just for the mid-Atlantic and part of the northeastern United States.
“We want to take this thing nationally,” DeCicco said, dismissing competitors as too expensive, not tasting good or lacking “a healthy profile.”
Testing his confidence
Of the dramatic sales growth he and his brothers expect in the new year, he said: “We are very confident.”
Whether that confidence is justified is among the things Stephen Spinelli plans to pursue with DeCicco during an independent-study course in entrepreneurship this semester. Spinellia is president of Philadelphia University and an accomplished entrepreneur who co-founded of Jiffy Lube International.
“I’m going to press him hard,” Spinelli said. “There’s a whole history of iced tea drinks and power drinks that were star-ups. If he can show that this product has that level of market demand that it appears that it has … then he’s going to have the ability to raise the money to bring this to scale pretty quickly.”
The business has already tested DeCicco’s mettle. Attending Philadelphia University on a full basketball scholarship, he made the tough call after his freshman year to take a year off to get Sunniva Caffe Inc. up and running. Based in Washington, it has six full-time employees and seven part-timers.
In the fall, DeCicco returned to school and the Rams basketball team, stepping down as chief executive of Sunniva, a position now held by brother Jim, who was a running back on Colgate University’s football team. Brother Jake is chief operating officer. Jordan is now chairman of the board.
“I’m really learning a lot at a young age that I can use for the rest of my life,” he said of his business immersion.
For instance? Time management, communication skills and leadership, he said.
Spinelli, an avid Philadelphia University basketball fan, is impressed that DeCicco came back in fine athletic shape despite taking a year off.
“It really does indicate a person who has discipline,” Spinelli said. “He was able to get back on the court and do things that one would have expected him to take a lot longer to do.”
And he finished his first semester back with a 3.0 grade-point average.
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