Through his company, Magnises, Billy McFarland created the black metal card as a way of giving millennials the perks and rewards they actually want with a rewards card. Billy McFarland, who is a young man in his twenties, created Magnises to function as a social club for wealthy millennial members to link their bank accounts to the black card for an annual membership fee of $250. Once linked to the black card, members can begin experiencing a rewards filled lifestyle immediately.
With the many companies that have collaborated and built partnership with Magnises, the number of perks and discounts that come with this card for $250 is a steal. Members also get access to private parties and vacation getaways to luxurious locations.
According to Forbes, The idea for Magnises came up through a conversation with some of Billy McFarland’s buddies, to create something that would bring the working class together for an all access elite pass that could bring them to the next level, which far extend just fancy restaurants and private parties.
There are some out there that might think these perks are too elitist, too costly, but for a fixed yearly payment, this is actually a good investment. There is also no harm in experiencing the bests things life has to offer. Millenials have grown to love the black card so far, with thousands of members and the network is still growing.
For a 25 year old man, Magnises and his other companies are tremendous accomplishments by today’s standards, to accomplish so much in a relatively short period of time. Luckily for Billy, he had the mind of an entrepreneur from a young age. At just 13 years old, Billy had already started up his first company, which focused on helping clients reach specific designers or businesses.
After this early success, Billy went on to attend college at Bucknell University, but shortly into his freshmen year, he dropped out to follow his business opportunities. Not too long after, he started up Spling, which he still runs as CEO today.
Billy founded Magnises in late 2013, and by the following year, he had successfully released his black card. Ever since, Billy has been expanding and building on his business with amazing speed, growing his network of businesses and members daily. As long as millennials continue to have a hunger for bigger and better, Magnises will be able to flourish.