The success stories and start up ideas of famous entrepreneurs. Starting a business, innovative business ideas and start ups.

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See How Brian Scudamore Founded 1-800-GOT-JUNK? With Only $700

You probably have heard about 1-800-GOT-JUNK?, especially if you live in Canada, or in the United States. The company is a multinational junk removal franchise founded in 1989, in the city of Vancouver (Canada), by a guy named Brian Scudamore. The business started with just a $700 investment is an established multi-million franchise today with more than 160 branches. The Story Of 1-800-GOT-JUNK? Brian...

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10 Top Billionaires Give Advice To Entrepreneurs

There is no doubt that billionaires are the most financially successful people. Their fortunes prove that very well. Also, there are just 1 645 billionaires in the world (by the time this post was written). This number, compared to the the number of all the people on Earth, is extremely small. Billionaires are just 0.000000023% of the population, or 1 billionaire in 4.4 million...

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What Is Gearing?

Gearing is a popular word in the financial world. It is a synonym of ‘financial leverage’ and both of these words can be used interchangeably. This is a ratio between the amount of own and the amount of borrowed capital in a business, personal budget or any other financial unit. To learn more about leverage in finance, you can read our example on this...

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The Amazing Story of Hewlett Packard (HP)

In the beginning, a tiny garage in Palo Alto, California, where two young and determined men created unique and visionary products while instituting a style of business management that revolutionized business strategies forever. David Packard and William Hewlett graduated from Stanford in 1938, in the midst of Depression era unemployment. As Packard later reflected, “Bill and I were brought up in the Depression. We...

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Franchising For Dummies

Franchising is one of the greatest ways to start your own business and be your own boss. This is why everybody should know what it means. Here I will throw some light on the matter, giving you a very simple explanation (for dummies) of the word franchising. An Example of Franchising Imagine that John has built a successful bakery and makes a really fine...

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John D. Rockefeller’s Amazing Biography – How He Got Rich

John Davison Rockefeller was one of the wealthiest men in the world. John started from scratch as he was born on 8 July 1839, in Richford, NewYork, into a family with modest earnings. He was the second to the eldest child. William Avery Rockefeller, His father, had a farm and used the produce for trading. His mother, Eliza Davison, was very strict in terms...

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What The Richest Billionsires Made Their Money From

Being rich is cool, being extremely rich is extremely cool! Probably many of you has asked yourselves the question ‘How can I get rich?‘ or ‘How did those billionaires made their extremely large fortunes?’… You’ve come to the right site for the answers. On BusinessIdeasLab you can read the stories of some of the most successful people in the business world. And here in...

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