Category: Uncategorized

gearing

What Is Gearing? A Simple Definition

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 matter here. Gearing Ratio As we said earlier, gearing ratio is the percentage of own funds from borrowed funds. An example of this is the debt to equity ratio from corporate finance. Let’s say that a...

How the richest 400 americans got rich

How To Make A Lot Of Money? Here Is How Millionaires Do It

Being rich is cool, isn’t it? But there is something even cooler… Being extremely rich is extremely cool! Probably many of you have asked yourselves the question ‘How can I get rich?‘ or ‘How did those billionaires make their extremely large fortunes?’… Not only how you can make money, but how to make a lot of money. 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 this post is a kind of a more general answer to these questions…...

Money For Nothing – The I Am Rich Mobile App

Sometimes consumer’s behavior doesn’t really make sense… This is what the people with some really crazy business ideas take advantage of, and this is how their ideas work. This is a story of a one really weird idea, that didn’t make millions, but it’s worth knowing about it big time. Why? Because it’s really simple, anyone can do it and works very well. It’s a proof of the fact that thinking out of the box is always a good way to do business. I Am Rich… In 2008, a guy called Armin Heinrich decided to make a different mobile application....

How To Avoid Paying High Taxes Legally. Reducing Your Tax Bills.

Two things nobody can escape – the first one is death and the second one taxes. Well, even though I completely agree with number one, in reality, most of the rich people out there know many ways to escape, or at least reduce their taxes. Did you know that poor people pay taxes at rates two times higher than the rich people? In the year 2010 in the United States, the top 1% of people by income were taxed at an average rate of 5.6% and the poorest 20% of Americans were taxed at around 11.2%. The next 60% by...

The logo of WhatsApp

Jan Koum – From Living On Food Stamps To A Billionaire

This is one amazing story proving that anything is possible in America. This is the amazing story of Jan Koum, who yesterday closed a $19 billion deal selling WhatsApp to the social networking giant Facebook. Jan, who just a few years ago was hardly making the ends meet, became one of the richest people in the world. He is believed to have around 45% of WhatsApp, which sets his net worth to $6.8 billion. Who Jan Koum Is Jan Koum was born in a small village in Ukraine 37 years ago. Was the only child in the family. His father...

Tips for being a good leader

What Are The Leadership Skills You Need To Become A Great Leader

Being a leader is one of the most important things for heading a team or a company. It is crucial for success, even more than money and brains. You may have the most capable and skilled team in the world, but if you are not a good leader, your people just can’t and won’t achieve the best as they can. A leader is a conductor, without whom the very complicated business machine can’t function properly. She is the person, who people would love to follow and the person, who would give them wings to chase their full potential.   Although...

Cans - Red Bull

Red Bull History – How Dietrich Mateschitz and Chaleo Yoovidhya Started Red Bull

Red Bull has been the most popular energy drink for years and this will most probably stay intact for some time ahead. Everybody from all around the world knows about this ‘wings giving’ beverage, because of the powerful and innovative branding campaigns made by the company. A company that bet everything on just one brand and just one product, and eventually hit the big jackpot. And because its story is really cool, we decided to share it here with you. How Red Bull GmbH Was Founded Like many of the greatest companies in the world, Red Bull was started really...

Mobile Apps Stats

This Is How To Monetize A Mobile App And Earn From It

The mobile application market is booming and the chances for this to change are really small in the near future. More than 1,1 billion devices with Android are projected to be sold this year and this number is expected to grow even more in 2015. As more and more people are going mobile, they are going to need quality mobile apps. And although there are millions of them on Google Play, for instance, the expanding market is thirsty for more. Some of the apps really made it big. Everyone knows about Angry Birds, the mobile game that made its founder...

Entrepreneur Definition

How To Become An Entrepreneur? Some Signs You Might Be One Of Them

Are you wondering about how to become an entrepreneur? Most of the entrepreneurs are simply born this way (this doesn’t mean that you can’t learn to be one of them, too). This is why there are so many millionaires and even billionaires who have never graduated from college. Some of them haven’t even finished their high school education (billionaire Richard Branson is a bright example). These are the so-called natural entrepreneurs. Even though you can learn to be one of them, most of the characteristics common for so many entrepreneurs are inside you when you come to this world. I...

The biggest start up crashes

The Biggest Tech Start Up Crashes And Failures – Millions Of Dollars Burned

In BusinessIdeasLab we have been writing about some of the greatest and the most successful start ups in all times. But in the start up world things are not going always smoothly, contrariwise, the most of the new born companies actually end up in flames. Different statistics show that more than 45% of the start ups in the United States survive not more than 6 months. In the long run 3 out of 4 new businesses don’t make it at all… So, to be objective, we consider that we are supposed to write not only about success, but also about...


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