Michele Romanow
Age 28, Toronto
Co-founder: Buytopia
2012 revenue: $5-$10 million
Employees: 50 full-time, 10 part-time
W100 ranking: #24
(Get the complete W100 rankings of Canada's Top 100 Female Entrepreneurs.)
Michele Romanow is a serial entrepreneur who started three companies before her 28th birthday. Her latest venture, the e-commerce company Buytopia, has ballooned to 2.5 million subscribers nabbing deals on everything from vintage designer bags to spa treatments.
She started the company with a couple of friends and earned $10,000 on the first day of sales. “I knew I had something interesting!”
Michele, who studied engineering at Queen’s University in Kingston, Ont., is a metrics geek rather than a shopping freak. But ultimately some of her greatest wins have been about trusting her gut. “In the first year we had $13,000 left in the bank and we bought a $6,000 print ad. I thought, ‘If no one buys after that, I’m in a lot of trouble.’ That was enormous. We’ve always been gutsy.”
In the past year alone, Michele has taken over seven smaller competitors and created an app. Her newest brainwave is a grocery couponing app called SnapSaves. “Rather than having to redeem a coupon in-store, when shoppers know that a product is $2 off, they can buy it, photograph the receipt and upload it. Then $2 is deposited into their account. It’s an elegant solution.”
Subscribe to Chatelaine!
Want to streamline your life? In our Spring 2025 issue, we’ll show you how—whether it’s paring down your wardrobe, decluttering your messiest spaces or spending way less time cooking thanks to an easy, mostly make-ahead meal plan for busy weeknights. Plus, our first annual Pantry Awards.