The success stories and start up business ideas of the most famous entrepreneurs .
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...
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 UK. Currently, he is 64 and his net worth is estimated at around $4.6 billion. Branson is the founder and the manager of “Virgin Group Ltd.” – a venture capital conglomerate company located in Great Britain, consisting of more than 400 different businesses from around...
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 clips I have ever watched. It’s about a guy who is without legs and arms, but who is stronger and more motivated than 99% of all of us. His name is Nick Vujicic and this man is a hero, I simply can not find the...
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… But of the 35 jobs he applied for, mainly in the lucrative finance world, he got 33 rejections. The two offers that he was left with were both not related to finance at all. One of the opportunities he received was for teaching English in Korea and the other – working for a startup. He opted for the opportunity to work with a...
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 the buyer and asked him if he really understood that the pointer he bought was actually broken. In the email in which the buyer responded, he wrote: “I’m a collector of broken laser pointers.” Actually, eBay was just a side work for Pierre. One day...
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 again just in a couple of years. So what would be the difference between a guy who just can’t succeed in business and a guy who is a serial successor? The answer to this question is simply – the way of thinking. Entrepreneurship is a...
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 later reflected, “Bill and I were brought up in the Depression. We weren’t interested in the idea of making money. Our idea was if you couldn’t find a job, you’d make one for yourself.” And, so they did. Starting Up In 1938, Starting in a...
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 The founders of one of the greatest Internet companies – Sergey Brin and Larry Page started the business in a small garage in California. They paid $1 700 monthly for the rent and spent there around 5 months. During that time, they actually created the...
