When Billy McFarland was 13, he decided to start a company. Billy is one of those Millennials that came into the world with tech skills that were set to explode before he reached elementary school.
Billy McFarland waited until he was in middle school before he showed his raw technical talent. Billy was born to be an entrepreneur. And, at the ripe old age of 24, Billy is shaking up the social scene with his private club concept called Magnises.
Magnises is actually Billy’s third business venture. He started Spling when he was 20-years-old. McFarland dropped out of Bucknell University, so he could devote all his time to his online ad platform, Spling. Spling is one of those words that can’t be found in Webster’s dictionary.
Spling is not a new word, however. It means “laugh out loud,” according to the Urban Dictionary. Young Brits in London use it when they want to scribble graffiti on parking signs in London. McFarland decided to call his company Spling, for no other reason than to send a message to the world. That message is, Millennials are changing the way business is conducted.
Billy is originally from Short Hills, New Jersey. Short Hills is a bedroom community just over the New Jersey/New York City border. When McFarland came up with the Spling concept, he opened an office in Philadelphia.
He moved the home office to New York City before he started Magnises in 2013. Magnises, is another one of those words that has no dictionary meaning and that’s okay with McFarland.
Billy is developing his own meaning for the word, by providing memberships for Millennials in New York, Washington, D.C. and San Francisco. For a $250 membership fee, upscale Millennials are treated like royalty in clubs, restaurants and at special events in those cities. Members also have access to McFarland’s West Village townhouse. McFarland hosts art shows, dinners, and other cool social gatherings at the West Village townhouse.
Magnises is a unique social club concept because McFarland is a unique Millennial. Billy understands the importance of giving members their own black membership card. That card opens doors that were closed to them before. Magnises is a hot social club concept, and Billy McFarland is on fire in the business world.