The success stories and start up business ideas of the most famous entrepreneurs .

How Entrepreneurs Think - Survey

Do Entrepreneurs Think Different?

Have you ever wondered why some people succeed in their business activities and some people just can’t, no matter how hard they try? Why is it easier for one to take risks, innovate, and change the world, while others keep working from 9 to 5 for all of their lives and have never really made efforts to start on their own? The following infographic, created by the popular freelance platform – Upwork and based on a survey among 3 200 freelancers, gives an interesting view on the way entrepreneurs think. First of all, an entrepreneur is not every person who...

Jason Gaignard

From Totally Broke To Getting Back On Track – Jayson Gaignard’s Story

Jayson Gaignard was working as a mechanic when one day he realized that people don’t live forever. That same day he quit his job to start chasing his dreams. He started a company and in a while, he was making millions in sales. Then, because of a bad business partner, things crashed and he got broke. He was totally devastated but he managed to recover and now he is back on track. How all happened? Below is the amazing story of this young entrepreneur. The article was originally published on Entrepreneur.com here. Jayson Gaignard’s Story Begins Jayson Gaignard felt like...

How Volkswagen, General Motors and Toyota Were Started

Volkswagen Volkswagen, commonly known as VW, is a German automobile manufacturer and the largest automaker in the world. Founded in 1937, VW has become an iconic brand that is recognized around the world and is known for its reliability and affordability. Volkswagen was created in 1937 and was originally run by the German Labor Front. Prototypes for the KdF-Wagen appeared in 1936, and the vehicle had the trademark Volkswagen round shape and a rear-mounted engine. By the time World War II had started in 1939, the company had constructed a new factory in modern-day Wolfsburg, which was specifically built for...

How BMW Was Started – The History Of Bayerische Motoren Werke Company

Today, BMW is one of the ten biggest car brands in the world, but did you know that BMW started off manufacturing aircraft engines? BMW (Bayerische Motoren Werke, or Bavarian Motor Works in English) is a German company that has been around since 1916. Here is how it all began: 1910 – the company Otto Flugmaschinenfabrik was founded by Gustav Otto in Bavaria. The firm was reorganized on 7 March 1916 into Bayerische Flugzeugwerke AG. This company was then renamed to Bayerische Motoren Werke (BMW) in 1922. However, the name BMW dates back to 1913, when the original company to...

How Did Apple Get Its Name?

Apple is one of the biggest and most successful companies of our time. It generates more profits than the gross domestic product of a small country and its evaluation recently touched 1 trillion US dollars. That’s a very serious business and it carries the name of a fruit. How come? How did Apple get its name? Why did Steve Jobs name a company after a fruit exactly? Well, this is an interesting story revealing all that mystery about where “Apple” derives from. This is how Apple got its name According to the co-founder of the company, Steve Wozniak, it was...

A History of Tumblr – See How David Karp Founded The Company

Tumblr.com has gained prominence in recent years as a microblogging platform that has allowed millions of people around the world to share whatever they like. The reason for the site’s popularity is that you don’t need to write long blog posts in order to stand a chance of getting noticed. If you take photos then you can share them with the world, likewise, if you find something funny online then again you can share it with the world. This platform originated from one man, David Karp, and his lead developer Marco Arment. It was through a lack of patience on...

Halo Report - Sillicon Valey Bank

What Is an Angel Investor? Difference Between Venture Capitalists and Angel Investors

What Is an Angel Investor Actually? First of all, let’s see what a business angel (angel investor) is. This usually is a wealthy person, who is willing to finance a startup, in exchange for a part of the equity of the financed venture, or for convertible debt. It’s not unusual for business angels to be organized in groups, this way they share the risk, combine their experience and know-how, and can provide much more financing. In many cases, angel investors are retired entrepreneurs or executives in big companies. They often participate in the management of the startup and provide not...

History of Ask.com (Ask Jeeves) – A Start Up Story Of David Warthen & Garrett Gruener

In 1996 Ask.com was launched as ‘Ask Jeeves’, a partnership between entrepreneur David Warthen and venture capitalist Garrett Gruener. The idea was to form a search engine that spurred the users on to ask questions in their natural language rather than keywords. The character of Jeeves was a butler who was based on the popular character from the Jeeves & Wooster books. In 2006 the character was ‘retired’ and the website became known as ask.com. The company grew rapidly during its first few years and its initial stock offering on the NASDAQ stock exchange occurred in 1999. Around the same...

The Start-Up Story Of LiveJournal And Brad Fitzpatrick

When social media websites became popular, some rose to prominence and remained at the top of search results. Others plowed steadily down the middle of the road, remaining in the peripheral vision of interested online parties. And still, others fizzled out quickly due to keeping their focus too limited. In the case of LiveJournal, a social media outlet designed specifically for blogging, it has remained important depending on the geographical location. Founded in 1999 by Brad Fitzpatrick, a programmer born in Iowa and raised in Oregon, the site grew in popularity over the next few years. It wasn’t until the...