An accomplished Michigan-based entrepreneur, Larry Gaynor serves as president and CEO of TNG Worldwide, a leading manufacturer of beauty products. Under his leadership, the company has been recognized as a top brand in the beauty industry, manufacturing over 2,000 beauty products. Larry Gaynor is also passionate about giving back to the community and, together with his wife, pledged $3 million to Michigan State University that facilitated the creation of the Gaynor Entrepreneurial Lab on the campus.
The Larry and Teresa Gaynor Entrepreneurship Lab is the hub for entrepreneurship associated with hosting essential entrepreneurial academic training and experiences. For over 160 years, Michigan State University (MSU) has been advocating for enhanced discovery opportunities to help the world be a better place while ensuring students access transformational opportunities.
The dynamic space is used for multiple activities such as coaching, hosting workshops, and mentoring opportunities for student entrepreneurs. The Gaynor Lab has orientations and 1-on-1 sessions that equip students with advice and success coaching. In addition, students intending to acquire a Minor in Entrepreneurship also receive the support they need. Fitted with the latest technology facilities, Gaynor Lab embraces a modern concept that entrepreneurial-oriented students can utilize to achieve their goals.
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Larry Gaynor serves TNG Worldwide as CEO and president. TNG Worldwide manufactures leading beauty care brands such as EMMA Beauty, Ginger Lily Farms, and the ForPro Professional Collection. Larry Gaynor and his wife Teresa have influenced TNG Worldwide employees to embrace community service.
Every year, TNG Worldwide employees donate blood through the American Red Cross. In 2019, they collected 68 pints in two bloodletting drives, which can save 204 lives. Since TNG Worldwide has initiated blood donation campaigns, the company has held 21 drives that collected 774 pints of blood.
Donating blood benefits donees donors. Donors go through a simple screening process that can identify certain health concerns, such as anemia and blood pressure. Since the screening includes weighing the donors, it identifies people with obesity, according to a 2012 study.
According to the Centers for Disease Control and Prevention, donating blood can be a treatment option for people with hemochromatosis, a medical condition caused by an excessive amount of iron in the blood.
A 2015 study that monitored the blood pressure of 292 blood donors who donated blood up to four times a year reported improvements in donors’ blood pressure readings. The more blood they donated, the more significant the improvements.
A 2007 study showed blood donors have a four percent lower risk of getting cancer and a 30 percent lower risk of dying from any cause. In 2015, the results were more favorable.
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Experienced entrepreneur and innovator Larry Gaynor serves as president and CEO of TNG Worldwide. Larry Gaynor propelled TNG Worldwide from a distributor into a manufacturer of top-selling beauty brands worldwide. TNG Worldwide is also actively involved in various community services in Detroit, such as Making Strides Against Breast Cancer, the awareness and fundraising campaign of the American Cancer Society (ACS) on breast cancer.
Thousands of people attend the annual Making Strides of Detroit since it started in Michigan in 1998. TNG Worldwide became a corporate sponsor in 2001. Its executives and employees are widely involved in this event. TNG Worldwide has raised at least $2 million in donations from the Gaynors and employees since 2001. Making Strides of Detroit recognized TNG Worldwide in 2019 as a Legacy Sponsor, an honor given to sponsors who have supported the campaign for at least 15 years.
Participants of Making Strides of Detroit gather to walk for miles during the event. It is an easy and fun way of making an impact in the fight against breast cancer. They have the opportunity to walk the pinked-out Riverfront from the traditional assembly area at Hart Plaza in downtown Detroit and enjoy the festive mood, accompanied by music, games, and other activities. Food trucks and shopping stores are also available.
Larry Gaynor is a New Hudson, Michigan, entrepreneur who helms TNG Worldwide and manages a number of leading personal care and beauty brands. Among the vegan, cruelty free brands Larry Gaynor oversees is Ginger Lily Farms. This brand maintains a market leading presence in its gallon-size lineup of products, which are ideal for hotels, fitness clubs, and spas.
As announced on his personal blog site, Ginger Lily Farms is now expanding to new categories and sizes, including a six-count 12 ounce package for its top selling fragrance-free hand soap. In addition, the brand is launching an innovative Dog & Pet category that offers a variety of practical products, including odor eliminator and 2-in-1 shampoo/conditioner.
Another newly launched line to watch out for is the Salon category, which has hair regrowth shampoo as a centerpiece. On the horizon is a product that will directly compete with Moroccanoil, a product known for hydrating hair while delivering minerals, vitamins, and antioxidants. As Mr. Gaynor describes it, the choice will be clear for value-conscious consumers, who can purchase a gallon of the Ginger Lily Farms product for the same price of an equivalent eight-ounce bottle of the competing brand.
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Larry Gaynor is an active presence in the New Hudson, Michigan business community who serves as CEO of TNG Worldwide and responsible for producing a variety of cosmetics brands. One of the topics Larry Gaynor explores on his blog site is cryptocurrency. He has a particular interest in Ethereum (ETH).
The most widely used blockchain-enabled software platform, Ethereum is also the second-largest cryptocurrency. Launched in 2015 by programmer Vitalik Buterin, it represented a reaction to the limited functionality of Bitcoin, which he likened to a “pocket calculator.” By contrast, Ethereum is first and foremost a software platform through which applications can be built, with the blockchain network having an associated cryptocurrency.
The majority of the Ethereum applications are crypto-adjacent and focused on improving the process of purchasing, selling, using, and lending cryptocurrency. At the root of this is the smart contract program, which takes the place of functions traditionally fulfilled by third parties such as banks. Operating by decentralized finance principles, smart contracts are algorithms that fulfill specific functions and are verified through the blockchain.
One increasingly popular application of Ethereum is peer-to-peer lending, which does not require coordination outside financial institutions. Another emerging use is non-fungible tokens (NFT), a digital asset created using the Ethereum platform that provides purchasers ownership of unique digital items.
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New Hudson, Michigan entrepreneur Larry Gaynor has guided TNG Worldwide for more than three decades. He oversees the manufacture and distribution of a wide range of beauty and essential products. One of the quality brands that Larry Gaynor stands behind is Ginger Lily Farms Botanicals. The firm’s products range from Green Tea Lemongrass Sugar Scrub to Hemp Herbal Body Moisturizer.
Hemp Herbal Body Moisturizer is formulated to nourish as it hydrates, providing the kind of all-day moisture that dry skin requires. Among its enriching, naturally derived ingredients are aloe vera, vitamin E, shea butter, and hemp seed oil. The latter two ingredients work in tandem to help the skin retain moisture, with hemp seed oil also known for providing essential fatty acids, proteins, and antioxidants without pore-clogging issues. At the same time, aloe soothes inflammation, and Vitamin E works as a barrier against oxidants present in the environment.
Non-greasy and quick to absorb, the vegan Hemp Herbal Body Moisturizer is certified by PETA as cruelty-free and is not tested on animals. It can be purchased in commercial refill sizes idea for spas, fitness centers, and hotels, as well as for around-the-home use.
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Michigan State University (MSU) alumnus Larry Gaynor serves as CEO of TNG Worldwide. To give back to his alma mater, Larry Gaynor donated $3 million to establish the Gaynor Entrepreneurship Lab at MSU’s Eli Broad College of Business.
The Gaynor Entrepreneurship Lab (GEL) is located on the ground floor of MSU’s business pavilion. Previously taught off-campus entrepreneurship courses are currently hosted at GEL. MSU’s entrepreneurship and innovation (E&I) minor program is open for students from all MSU colleges. Administered by the Department of Management, the program curriculum consists of two core courses covering entrepreneurship basics and nine elective credits.
Students can select their elective courses based on their long-term plans. Available electives address various aspects of entrepreneurship, including venture launch, entrepreneurial finance, and social media start-ups. Students must also complete two E&I experiences. These experiences are high-impact projects that allow students to gain a better understanding of entrepreneurship through hands-on learning. For example, students can launch a crowdfunding campaign or participate in Startup Weekend.
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Larry Gaynor, a seasoned entrepreneur and business executive, serves as the president and CEO of one of the world’s largest distributors of beauty care products, TNG Worldwide. Since the company’s inception in 1985, Mr. Gaynor has led the company with one mission in mind – to provide 100 percent customer success. Backed with the desire to inspire young entrepreneurs in their pursuit of a career in business, Larry Gaynor donated $3 million to his alma mater, Michigan State University (MSU), for the creation of the Gaynor Entrepreneurship Lab (GEL).
GEL operates under the auspices of MSU’s Burgess Institute for Entrepreneurship and Innovation. Located in the university’s Business Pavilion, GEL will serve as a venue for hosting entrepreneurship-related courses, group work, coaching, mentoring, and other high-impact entrepreneurial experiences. GEL is equipped with the latest technology, allowing students to learn through hands-on opportunities to conceptualize and plan their future business endeavors.
In a statement, MSU president Lou Anna K. Simon said that GEL represents the university’s support for “the thriving culture of innovation and entrepreneurship” embedded in its mission. She expressed MSU’s ongoing commitment to inspire its students to gain an entrepreneurial mindset via its course offerings and through creative spaces such as the GEL.
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Inspired by the desire to provide the best products in the beauty care industry, Larry Gaynor established TNG Worldwide in 1985. In the last 35 years, TNG Worldwide has become one of the world’s leading manufacturers and distributors of beauty products. TNG Worldwide carries top brands such as EMMA Beauty, Ginger Lily Farms, and ForPro Professional Collection. Larry Gaynor believes in giving back to the community. Mr. Gaynor, his wife Teresa, and TNG Worldwide are active participants in the American Cancer Society’s (ACS) Making Strides Against Breast Cancer.
Making Strides is ACS’s national fundraising event that seeks to save the lives of women with breast cancer. Every year, community members unite to walk several miles during the event to increase the public’s awareness about breast cancer and raise money to support ACS. In the state of Michigan, Making Strides started in 1998. Over 5,000 people joined the third annual 5-km walk to raise funds for breast cancer advocacy and research efforts. In 2001, TNG Worldwide began its practice of sponsoring the annual Making Strides Detroit event.
Since TNG Worldwide became a sponsor of Making Strides Detroit, annual attendance in the event has grown from 5,000 to over 25,000. The event has recently been raising over $1 million per year. TNG Worldwide has donated more than $2 million since becoming a corporate partner. More than half of the $2 million has come from personal donations and fundraising efforts of the Gaynors. The other half came from TNG Worldwide employee donations.
ACS recognized TNG Worldwide’s valuable contribution toward the success of Making Strides. In 2019, Making Strides Detroit bestowed on TNG Worldwide the honor of being named its first Legacy Sponsor, a recognition given only to corporate partners who have supported Making Strides for at least 15 years.
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Business executive Larry Gaynor is the president and CEO of TNG Worldwide, a top manufacturer and distributor of beauty products, producing more than 1,500 products in 75 factories worldwide. An Ernst & Young Entrepreneur of the Year, Larry Gaynor runs his own blog (larrygaynor.com) to share his thoughts on current issues. His most recent post was on Jan. 25, 2021.
In his most recent post, Mr. Gaynor spotlights some of the challenges the country was facing and then highlighted the positives that he saw coming along in 2021. With regard to challenges, he touched on the new COVID-19 variant, which is more contagious than the first, and the slow pace at which vaccines were being rolled out. He also talked about how the disease was still spreading in the country and how states were grappling with the economic impacts of the virus. He further delved into politics, talking about former President Donald Trump’s alleged launch of a new party, the Patriot Party, and the large size of President Joe Biden’s $1.9 trillion stimulus package.
Looking forward, he expressed optimism that things may return to normalcy in the last quarter of 2021 or early 2022, borrowing from an earlier post where he forecast at least 75 percent of the US population being vaccinated by July 1, 2021. He further discussed cryptocurrencies like Bitcoin and Ether and then mentioned the disruptive power of blockchain technology. Finally, he ended his post by introducing a new product Ginger Lily Farms ZeroDerm. A year in the making, the bath and body line of products is 100 percent allergen-free and includes hand soap, shampoo, body wash, and conditioner.
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