The success stories and start up business ideas of the most famous entrepreneurs .
John Davison Rockefeller was one of the wealthiest men in the world. John started from scratch as he was born on 8 July 1839, in Richford, NewYork, into a family with modest earnings. He was the second to the eldest child. William Avery Rockefeller, his father, had a farm and used the product for trading. His mother, Eliza Davison, was very strict in terms of raising them up. It is very dissimilar to his happy-go-lucky father. In 1853, his family migrated to Cleveland, Ohio after residing in Oswego, New York for many years. John finished his secondary education in Ohio....
Being rich is cool, isn’t it? But there is something even cooler… Being extremely rich is extremely cool! Probably many of you have asked yourselves the question ‘How can I get rich?‘ or ‘How did those billionaires make their extremely large fortunes?’… Not only how you can make money, but how to make a lot of money. You’ve come to the right site for the answers. On BusinessIdeasLab you can read the stories of some of the most successful people in the business world. And here in this post is a kind of more general answer to these questions… Nerdwallet...
Daymond John is a very famous American entrepreneur, the founder of the popular clothing brand FUBU. He is also an investor and a TV star. Since 2009, he has been participating in the popular reality show ‘Shark Tank’. He is one of the sharks there – 5 famous business managers who decide whether or not to invest money in ideas presented by normal people. History Daymond John was born on the 23rd of February, 1969, in Brooklyn, New York (currently 55). As a child, he lived in the Queens neighborhood of New York with his mom and 7 brothers and...
Like in almost any other area, entrepreneurs have their own slang. The guys from the online courses provider – Udemy have decided to make a kind of entrepreneur’s phrasebook, where you can see some of the most common buzzwords founders of new businesses use. I was surprised about how many words I didn’t know, but I quickly amplified my knowledge. Some of the terms are really joyful and I thought it would be cool to share them here. Entrepreneur’s phrasebook For better readability, you can click on the image to enlarge it. Don’t forget to share this post if you...
This article is about one really cool math idea for an online business. Many think that mathematics is a boring science. Solving equations, triangles and other kinds of math problems could be not the greatest thing to do for them, but others do business with this. And they do it really successfully. This is what Coolmath.com, Inc. has been doing for the last several years. And they have been enjoying a constantly increasing popularity for that time. Cool Math Games Coolmath.com, Inc. is an online company managing some of the most popular sites about math games on the Internet. Their...
Sometimes consumer behavior doesn’t really make sense… This is what the people with some really crazy business ideas take advantage of, and this is how their ideas work. This is a story of one really weird idea, that didn’t make millions, but it’s worth knowing about it big time. Why? Because it’s really simple, anyone can do it, and works very well. It’s proof of the fact that thinking out of the box is always a good way to do business. I Am Rich… In 2008, a guy called Armin Heinrich decided to make a different mobile application. But this...
Every single day we see successful people around us. They seem to be so happy, they smile, they obviously enjoy life, they have enough spare time, because of their financial independence… Their lives look so carefree. Most people think of them as they are the ‘lucky ones’. It seems that any of them just got lucky at some point in their life and all the great life they live now is because of some kind of a fluke. Well, often in life things are not what they seem to be… What you see about most of these people is just...
Why do some people have money, while some others struggle to make enough for a living during their entire life? Why are there wealthy and poor people, and why some people will never get rich? Although there are no easy answers to these questions, there are some major differences between the poor and the riches. The guys from www.business-management-degree.net compiled an interesting infographic on which you can clearly see how differently both of the groups approach some of the most ordinary things in our life, like watching TV. The infographic is based on research made by Thomas Corley, who interviewed...
What Is WordPress? A simple, powerful, and elegant solution for writing online – this was the main idea that gave birth to the most popular free blogging platform today – WordPress. It is an open-source content management system (CMS), making the creation of professional websites a kid’s game. Based on the PHP programming language and the MySQL database engine, WordPress is a very powerful tool in the hands of the webmaster. With tens of thousands of different plugins (add-ons) and themes, you can easily create whatever site you may like with this free platform. And this can be done literally...
Financial leverage in simple words is simply a way for achieving bigger results with a relatively small amount of capital/financial resources. This is usually possible with the help of credit, but leverage could also be achieved with the help of some financial instruments like derivatives. In the most common case, borrowing against the initial amount of capital is actually what leverage is. This way one increases the power of his/her money, by adding some more credit secured by the money. It is used everywhere in the financial world and its main purpose is a greater financial result. Sometimes all of...
