The success stories and start up business ideas of the most famous entrepreneurs .
United Parcel Service, or UPS as it is known by everyone today, is one of the largest messenger and courier services on the planet. Since its beginnings in 1907 as a small messenger service in Seattle, United Parcel Service (UPS) has become one of the world’s most recognizable delivery companies. It serves an estimated 8 million customers each day and has operations in more than 220 countries. The company was started by James E. Casey when he was still a teenager after he witnessed a disorganized delivery service at a local department store in Seattle. Seeing an opportunity to improve the...
Did you know that Ben and Jerry’s Ice Cream Company was supposed to be a Bagel Company? Childhood friends Ben Cohen and Jerry Greenfield were born in Brooklyn NY, in 1951, four days apart. Ben, during his senior year, drove an ice cream truck. He attended various colleges in the Northeast but dropped out. Eventually, he left college life and taught pottery in New York’s Adirondack region where he also learned about ice cream making. On the other hand, Jerry went to Oberlin College and took up medicine. While Jerry was in college, he worked as an ice cream scooper...
This is another cool and engaging success story, the story of A.J. Scribante and the corporation he founded – Majers Corp. Like many other successful entrepreneurs, Scribante managed to make a decent fortune starting with just a few hundred bucks, see how… His Story As a kid, the young A.J. worked for his dad, who had a small bakery store. His family lived in Osage City, a small town in Kansas with a population of only a few thousand people. After graduating from school, Scribante got interested in sales and this is how his entrepreneurial journey began. He started selling...
Today you will hardly find a young person, who hasn’t heard about ‘Angry Birds‘, especially if she has a smartphone. This engaging mobile game has become one of the most popular on the market and has made millions of dollars for its creators – three young entrepreneurs who love games. But how has that happened? Here is how: Rovio Mobile LTD. Back in 2003, three young and crazy about computer games students attended the University of Technology in Helsinki. Their names were Kim Dikert, Niked Hed, and Jarno Vakevainen and one day their passion for games made them found a company under...
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 back in 1989, in the city of Vancouver (Canada), by a guy named Brian Scudamore. The business started with just a $700 investment and is an established multi-million franchise today with more than 160 branches. Their startup story is pretty interesting, so here we decided to share it with you. The Story Of 1-800-GOT-JUNK? Brian Scudamore was only 18 when one day he saw a junk truck in a drive-through at McDonald’s. This was...
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 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 people. These guys have really made it big, and this is why it can be very helpful for any entrepreneur to learn from their experience. In the following infographic, you can see the best advice from some...
Benjamin Franklin was one of the brightest men in history. He is one of the founders of the most liberal country in the world – The United States. He was a writer, inventor, politician, diplomat, musician…, in a few words – a very successful man. He was born in a working-class family (he had always been very proud of that) and he made it to the top all by himself. How did he do it? There is not a simple answer to that, but what we know is that he created and followed 13 simple rules and this is what...
Many of the greatest business ideas, that were later turned into super successful businesses, were born in the heads of college students. Thinking about today’s multi-billion companies like Facebook, LinkedIn, Apple, Google, and Yahoo…, seems like this trend hasn’t changed much now as all of these are college startups… Only to add to this statement, here are 3 additional stories of 3 American young entrepreneurs who have built a successful businesses out of their ideas while in college: Zac Workman – Punch Zac was an ordinary student at Indiana University, who liked having energy drinks. But no matter how hard...
A Short History Of MySpace and Founders Tom Anderson And Chris DeWolfe Oh, how the mighty have fallen. What was once the proving ground for social media has since become the punch line of many jokes. The history of MySpace.com is a tale of energetic innovation, risk, and ultimately, failure to capitalize. While some people believe that MySpace was the original social networking site, it is actually based on an existing model that was functionally successful for its time. In August of 2003, several employees of eUniverse, now called Intermix Media Inc, recognized the growing potential of a social networking...
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, the 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 company...
