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…
Richard Branson‘s story is one of the must-reads for any starting entrepreneur. His life has been an amazing and profitable adventure that anyone can learn from. But first, let me drop a few words about him. Sir Richard Charles Nicholas Branson is one of the richest people in the world, 4th by wealth in the…
What To Do If You Fall… What to do if you fall? You try to get back up… What to do if you can not get back up a hundred times? You try again… I was looking around for cool business videos and I came across this one. This is one of the most motivating…
The world of finance completely shut its doors to Daniel Kan. During his senior year in college, Dan wanted nothing more than to become a financier. They all did some decent money, right? Everybody goes to finance…Â But of the 35 jobs he applied for, mainly in the lucrative finance world, he got 33 rejections….
A History of eBay.com eBay‘s origins lie in San Jose, California. On September 5th, 1995, the American computer programmer named Pierre Omidyar founded a personal auction website called – AuctionWeb. One of the first items that were sold on the site was a not working laser pointer, at the price of $14.83. Astonished, Pierre contacted…
Catch an entrepreneur and take all his/her money, let her start all over and she will most probably rebuild her wealth again. Give to a poor guy the big money, and he will most probably be poor again in a while. There are hundreds of stories about people who won the lottery and had nothing…
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 the Great Depression era of unemployment. As Packard…
Did you know that many of the biggest Internet companies today were started in a garage? These multi-billion businesses had barely anything at the beginning, the most important thing for their success turned out to be simply a great business idea. Here are the stories of some of the most popular ‘garage start ups‘: Google…
Tencent (www.tencent.com) is one of China’s largest and most popular internet companies. It had its humble beginnings in November 1998 and since then has reached the zenith through years of hard work and client-friendly operating strategies. It was a big day for the company when it went public, as Tencent Holdings Limited was on the…
Baidu (www.baidu.com) is a company that provides public web services. It was established in January of 2000 and its headquarters are currently housed in the Haidian District of Bejing in China, on the Baidu Campus. The company offers a huge range of internet-related services, including a search engine that uses Chinese as its main language,…