• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The pig in the python: Baby Boomers are strangling the economy they built by refusing to move or retire

2

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

3

The U.S. campaigned to host the World Cup. Now soccer fans will trade their countries' train system for the U.S.'s 'D' rated infrastructure

1

The pig in the python: Baby Boomers are strangling the economy they built by refusing to move or retire

2

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

3

The U.S. campaigned to host the World Cup. Now soccer fans will trade their countries' train system for the U.S.'s 'D' rated infrastructure
Entrepreneurs

Why This Victoria Secret Model Launched a Tech Company

By
Uncubed
Uncubed
Down Arrow Button Icon
By
Uncubed
Uncubed
Down Arrow Button Icon
October 19, 2016, 9:00 PM ET
STYLE360 Presents Bebe Black Fashion Show
Thomas Concordia 2011 -- Thomas Concordia

This piece originally appeared on Uncubed.

You may recognize Jessica Perez from her work with Sports Illustrated or Victoria’s Secret, but now this model wants you to stop looking at her and take a look at your phone – specifically her app, Tycoon.

Perez, who has been in the business for 15 years, saw first-hand how hard it was for her and her fellow models to keep track of their finances, so she built Tycoon, an app to track jobs, finances, and income that’s aimed at freelancers, particularly those in the fashion industry.

“As I started traveling more and more for work I started to really struggle with keeping track of my finances,” Perez told us. “And one of the reasons for that is that in fashion the models tend to have payment terms that are longer than 90 days. So I would perform a job today and then maybe get paid 4-6 months later. By the time that I would get a paycheck, I wouldn’t have even remembered having done the job, most of the time.”

Perez saw that many of her fellow models and others in the industry struggled with finances too. Perez’s solution was to learn QuickBooks, but when she suggested the software to others, she saw that the learning curve was steep. And even Perez admits that QuickBooks was complicated; when she got busy she would often neglect to input her finances.

Related: Tiger Woods Unveils New ‘TGR’ Brand for Next Career Chapter

She wanted to create a solution to track finances that worked with the “busy, mobile lifestyle,” of freelancers she said. She wanted something that was more accurate and organized than listing jobs in a notebook or inputting them on a calendar, as she saw many of her colleagues doing.

Perez started by asking models, photographers, makeup artists and others in the business about their finances. She would come to photo shoots with a financial survey, which she admitted was sometimes awkward.

Her findings echoed what she had heard from her friends. Mainly “that people don’t really know how much money they’re making, they don’t know how much they’re owed, they’re constantly lost about where they are with their receivables, they know that they let money slip through the cracks because of it,” she said. “All of the issues that we all know as freelancers were there in the survey. And that gave me the validation.”

Perez got to work educating herself and meeting people in the tech world. “One of the things I knew from my experience in the fashion industry was that networking and knowing people was extremely important,” she said. “A lot of the people I met were impressed that I had such direct access to my initial target market which was really important.”

From there, Perez hired developers, using her own money, to make her app concept a reality. Perez kept up her work modeling the whole time, and she’s glad she did–it enabled her a test market for her product.

“It’s always really hard for early stage companies to test out products, but very early on I had 50 people testing the product and giving me feedback,” Perez said. “I was going to modeling jobs and having people sign up and pulling out my laptop and getting their email addresses and sending them the link.”

Related: Meet Jordan Hewson: The Tech Entrepreneur Who’s No Longer Just ‘Bono’s Daughter’

Modeling also allowed Perez and her business to maintain financial independence.

“In all honesty, I’ve still made a ton of money this year through modeling,” she said. “I still have clients that hire me regularly. And I think once I finish out my first round of fundraising that might change, but for the moment it’s my modeling job that I still have that enables me to come into my office every morning and figure out the next steps for my product.”

By taking less modeling jobs to focus on getting the app of the ground, Perez has taken a pay cut, but it’s been well worth it, she said. “I felt like I had something left to do,” she said. “I had thought of the idea to create something like this for almost a decade at that point and I really wanted a product like mine in my own hands.”

“To me modeling was never a dream; it was a job and it was a job where things were broken and there were problems,” she said. “And I was very interested and am currently interested in helping to fix them.”

About the Author
By Uncubed
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

As the U.S. and Europe pull back from global climate aid, can Asian funders fill the gap?
Asiaphilanthropy
As the U.S. and Europe pull back from global climate aid, can Asian funders fill the gap?
By Angelica AngMay 25, 2026
3 hours ago
Rosewood Hotels institutes a global 16-week paid parental leave policy as Asia grapples with crashing birth rates
AsiaHong Kong
Rosewood Hotels institutes a global 16-week paid parental leave policy as Asia grapples with crashing birth rates
By Nicholas GordonMay 25, 2026
4 hours ago
Current refi mortgage rates report for May 25, 2026
Personal FinanceReal Estate
Current refi mortgage rates report for May 25, 2026
By Glen Luke FlanaganMay 25, 2026
6 hours ago
le
AIReligion
Pope Leo called AI an ‘instrument of domination, exclusion and death.’ Anthropic was in the room
By Nicole Winfield, Kaitlyn Huamani, Paolo Santalucia and The Associated PressMay 25, 2026
8 hours ago
g
North AmericaHolidays
Memorial Day is 161 years old — and its true origin was buried almost immediately
By The Associated PressMay 25, 2026
8 hours ago
r
EuropeRussia
A country of 2.9 million people on Russia’s border just had 600,000 national records stolen
By The Associated PressMay 25, 2026
8 hours ago

Most Popular

The pig in the python: Baby Boomers are strangling the economy they built by refusing to move or retire
Economy
The pig in the python: Baby Boomers are strangling the economy they built by refusing to move or retire
By Nick LichtenbergMay 25, 2026
17 hours ago
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
4 days ago
The U.S. campaigned to host the World Cup. Now soccer fans will trade their countries' train system for the U.S.'s 'D' rated infrastructure
Travel & Leisure
The U.S. campaigned to host the World Cup. Now soccer fans will trade their countries' train system for the U.S.'s 'D' rated infrastructure
By Catherina GioinoMay 25, 2026
13 hours ago
Elon Musk's best friend could make more than $100 billion from SpaceX's IPO. His firm is also owed billions by SpaceX
Investing
Elon Musk's best friend could make more than $100 billion from SpaceX's IPO. His firm is also owed billions by SpaceX
By Eva RoytburgMay 25, 2026
12 hours ago
A billionaire and an A-list actor found refuge in a 37-home Florida neighborhood with armed guards—proof that privacy is now the ultimate luxury
Real Estate
A billionaire and an A-list actor found refuge in a 37-home Florida neighborhood with armed guards—proof that privacy is now the ultimate luxury
By Marco Quiroz-GutierrezMay 25, 2026
13 hours ago
Uber CEO says rideshare 'freed up' his son from having to get a driver’s license—and he's one of many Gen Zers who aren’t willing to drive
Lifestyle
Uber CEO says rideshare 'freed up' his son from having to get a driver’s license—and he's one of many Gen Zers who aren’t willing to drive
By Sasha RogelbergMay 24, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.