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@ 2014-08-26 09:47:00

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"Frederick Hutson is a man who sees business opportunities in everything. He spent over four years in prison after getting busted for an opportunity he saw in drug trafficking, a huge market, and one that was as he saw it, ripe for disruption."

Hutson thinks prisons are a natural pool of entrepreneurs. “So you just really got the business model wrong, you got the product wrong, the goal was wrong but if you can apply that same drive and bottom line principles to something positive then now you have a viable business.”

“In some facilities that the classes they have aren’t taught by people outside, they’re taught by other inmates,” he says. “So you’ll have a guy who has a white collar crime who might have embezzled 40 million dollars and he knows something about business because he ran some listed company and now he has a 36 month federal sentence for tax evasion – he’ll teach a class on how to form an LLP or start a balance sheet.”


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