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

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

With the popularity that BMW (Bayerische Motoren Werke) has, it is very easy for one to think that this company never experienced any challenges after its inception. The reality is, this company faced numerous challenges. As a matter of fact, BMW saw some of the darkest moments in European history and had it not been for its quick decision to diversify, the company would be no more. If you are curious about how BMW came to be, then you are in the right place. Read on. BMW was formed in 1917, and it has been through several important developmental stages....

The logo of Foursquare.com

3 Internet Start Up Ideas That Were Turned Into Multi-Million Businesses

Foursquare’s Start-Up Story While some of the world’s biggest internet phenomena can spark from the thin air of life-in-motion, other concepts are slowly developed from several meetups. Sometimes, there are several conversations and ideas that have to mold into one dynamic app. Naveen Selvadurai and Dennis Crawley, Founders of the mega-popular app Foursquare took a slow, methodical approach but developed their idea from several life experiences. After having a bunch of different conversations at different coffee shops and restaurants, the question became, “how do you remember where we went?” More importantly, the conversation shifted; “how do we discover new places...

How George Eastman Started The Kodak Company – History

The Eastman Kodak Company Foundation More than 120 years ago, in 1888, a man named George Eastman founded a small company – Eastman Kodak Company, selling cheap cameras and consumables for them. ‘You press the button, we do the rest’ was the motto of the business, and the main strategy was selling cameras cheaply and making good margins on films and other photo equipment and materials. Mr. Eastman wanted to make photography more accessible to a broader circle of people. He wanted to make it more simple and more entertaining. He wanted to change the world, one of the most common...

How to Write a Good Business Plan

10 Tips on How to Create a Business Plan That Rocks

Although I think that having a business plan is not the most important thing for a startup, I consider that it’s a really good idea to have one. When you sit down and start writing one, you will be amazed about how many things are not really clear regarding your business. This would be a good way to address these issues and make some optimizations. Also, it would be almost impossible to get start-up financing or a business loan without such a document. How to begin with your business plan Writing a great business plan, therefore, is a critical step...

A Simple Business Plan Template To Help You Create Your Own Plan

A Simple Business Plan Template To Help You Create Your Own Plan

Having a nice business plan is crucial to your business’ success. There is a popular saying ‘If you don’t plan, you plan to fail.’ Not only a business plan will help you understand your business, but it can help you find some mistakes you’ve made and made improvements in your operations. Also, there is no bank or a financial institution that will finance your venture without this plan. Writing in details about your business also will help you make the things clearer for you, revealing issues you haven’t thought about. Here is a simple tutorial about how to write such...

The Speedy Sanchez

Kids Entrepreneurs – The Sanchez Kids Who Started A Courier Business

Have you heard about Speedy Sanchez and the story of the Sanchez family? If not, I think this will be interesting reading for you.  This is a ‘no way out’ story, that actually led to the founding of a successful company by a bunch of kids trying to make the ends meet. Kids that took control of their destiny and who are a bright example of how everybody can start a business, even without money, education, and experience. All you need is the right mindset and motivation. Here is their story… How to make money for kids – The Speedy...

Walt Disney presenting 'Snow white'.

Walt Disney’s Biography – Success Despite Many Failiures

Walter Elias “Walt” Disney was born on December 5, 1901. He was an American cartoonist, animator, film producer, and entrepreneur. He was the co-founder of The Walt Disney Company, together with his brother Roy Disney in October 1923. The company is presently valued at over $40 billion, and the name Walt Disney has become synonymous with quality animation. From characters like Mickey Mouse, Goofy, and Donald Duck to feature Films like Snow White and the seven dwarfs, Cinderella, Alice in Wonderland, and The Hunchback of Notre Dame, his brand are one of the most iconic in popular culture. And below...

Never Never Ever Give Up! This Is How To Be Successful In Whatever You Do…

Never Never Ever Give Up! This Is How To Be Successful In Whatever You Do…

Rich and successful also cry. Failure is not a rare event even among the greatest entrepreneurs and inventors. What they do differently is that they just try again, without losing motivation. “Never never never give up” Winston Churchill once said in a very famous speech. Persistence is the quality that can make miracles with anyone. Most people simply find it easier to give up something, instead of giving it another shot. But why is this? There might be so many answers to this question. According to me, some of the main reasons are not that many. Many people, for example,...

A picture by Mark Hirschey on

How Warren Buffett Makes So Much Money

Warren Buffet is one of the richest people on Earth (currently the 3rd) with a net worth of $73 billion. He has made a tremendous amount of money in his life. How much do you earn per year? How much do you work for your income? Do you like what you do? If you are not happy with your job and income, here is a simple way you can change this in your favor. I will show you how the greatest investor of our time makes billions of dollars every single year. After you read the following lines, you will...

Jim Wang, a picture from his Twitter profile

How Jim Wang Made $3 Million Online From A Website Because He Was Bored

“I was bored!” Jim Wang said when he was asked how he decided to start the personal finance blog Bargaineering.com, which he later sold for the sweet round amount of $3 000 000. This is the amazing story of the young entrepreneur who created a super successful financial blog out of thin air because he didn’t have anything else to do… Well, all this didn’t happen without effort. Actually, Jim had developed the site for more than 5 years before his investment of spare time paid off big time. When he was in college, he spent his spare time hanging...