The success stories and start up business ideas of the most famous entrepreneurs .
One of the crucial things for the survival of a startup is finding the money for its growth. Fundraising is extremely hard for starting companies, because of the huge risk involved and the lack of collateral for backing up the funds. But it is easy to avoid the most common mistakes an entrepreneur makes when searching for funds. The consulting company Founder Institute made research on this matter and they created this beautiful infographic below. There you can see the most common mistakes you could make while searching for cash to start your business. Attracting the attention of those worth...
Do you want to be independent? Do you want to be the master of your own destiny? Would you like to get rich? If the answer to all of these questions is ‘YES’, a great way to achieve these goals is by starting your own business. If you haven’t considered this option, think once again about it. Especially if you think the rules listed below apply to you. On this cool infographic, you can see 10 great tips that can help you come up with a great business idea, or/and shift out the good ones. The picture, created by ‘The...
In 2012, there was an announcement from Facebook – they were buying Instagram for the price of $1 billion. A company started just a few years ago by two young entrepreneurs, has brought them to the world of super riches. A company that had no revenue, only 13 employees, and completely no profits by the time of the deal… Who would be so insane to pay a billion for such a business?!? Well, actually Instagram had one thing that was far more valuable – potential. And this is what the managers of the biggest social network spotted there. Here is...
Jared Isaacman was only 16 when he decided to start his own business. He was so obsessed with the idea that he quit high school and passed the GED exam instead, so he could focus on this entirely. In a few years, he ended up founding a payment processing company named United Bank Card Inc. The first office of his business was not traditional for many great entrepreneurs garage, but the basement of his home. Here is how it all happened. After leaving school at 16, Jared went to work for a credit card company, where he spent around 6...
Most of the biggest online companies that exist today – Google, Yahoo, Facebook, eBay, you name it…, probably wouldn’t be here, if they didn’t receive venture capital or angel financing at their beginning. But putting money into a business is the easiest part, accurately evaluating its potential is what makes the difference between a highly successful and a bad investment. Investing in a multi-billion company at its start is like hitting the jackpot. All of the early investors in Google have made millions and even billions (like Andreas von Bechtolsheim for instance). But spotting such a gold mine is not...
Social media has become one of the greatest ways to market a business online. More and more people use Facebook, Twitter, Pinterest and other social sites to get more visitors, potential customer, or just a broader audience for their ideas. But I doubt that many of you know exactly when the most effective time to post is. A company called ‘Social Caffeine’ has made a research on the matter and has created a nice infographic, showing the best hours to publish on the most popular social networks. Posting in these time intervals, you will most probably reach maximum potential users....
Making business online has become a sweet and lucrative occupation… And it has been expanding really fast. Internet is one of the greatest things that has ever happened in our development as humans. It has changed the world forever. Our lives has changed, our habits, our thinking and we are different as a whole. And this is only the beginning. Still, less than 35% of the people on the Earth use the web regularly. The growth that is going to come will be huge! Even though, just a third of the population on our planet uses it, Internet is the...
Guerrilla marketing a one of the coolest and the most effective way to market your business. Believe it or not, no guerrillas are involved in this process. These animals have something in common just with the name of this technique, nothing more. So in simple words… Guerrilla marketing is a low-cost strategy based on an innovative, unconventional and creative approach than on big marketing budgets. This means cool and engaging marketing using just a small budget, but a lot of brainpower and innovation. To make it more clear for you, here are some cool examples: 1. This is an advertisement...
Imagine that you could create a folder on your desktop. You could go to work, create a folder with the same name on your office computer and find there the same files you put in the folder at home. You could also access these files of yours via your smartphone, no matter where you are. Well, you can do all of this with a service called Dropbox (www.dropbox.com). This is a cool way of storing your information, so it’s accessible from anywhere you are, from any device you use. And here is the story about how this great business idea...
One of the riskiest and most consequential decisions that people have to make in life has to do with quitting a regular job and venturing out on their own. The risk is crystal clear. You are walking away from the security of a regular income job to a future of uncertainty and hope to wish for the best. Is there a perfect time to quit? Nada. Nope. Zilch. This is one of the things that you just have to do when you have to do it. Nevertheless, such a decision must not be made rashly. Ask yourself these questions when...
