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

What Is Crowdsourcing? A Simple Definition. Some Of the most Popular Crowdsourcing Platforms

Crowdsourcing is an interesting and relatively new term, though the history of the word is extremely old. “What is crowdsourcing?” is a common question for an interesting topic. This article discusses the answer to this question as well as provides examples that will help in understanding this strange word. Maybe, with this knowledge, you will even find yourself participating in a crowdsourcing project yourself. Once you know the criteria, you will better understand how plausible this scenario is. So, What is Crowdsourcing …? Crowdsourcing, a term first coined by Jeff Howe in 2006, is a tool used by organizations and...

Marc Cuban

Who Is Mark Cuban? A Short Biography

Who Is He? Mark Cuban is a famous entrepreneur, businessman, investor, and writer. He is also a popular figure in the world of sports and has quickly become a household name. His daring style and outspoken nature are ever-present on the basketball court and in media circles. He is a lively character with a storied past. To understand Mark Cuban’s success, one should look at the history of Mark Cuban. Understanding where he came from, then, you can better understand how he got where he is today. Cuban’s net worth in 2013 is around $2,4 billion, making him one of...

How Ellon Musk Started In Business

Elon Musk, born in 1971 in Pretoria, South Africa, and now a multi-billionaire tech giant, is quickly becoming the most influential figure of the 21st century. From co-founding Tesla Motors to launching a successful aerospace company called SpaceX, Musk has been revolutionizing the world of energy and transportation with his out-of-the-box thinking. He is one of the greatest entrepreneurs of our time, that’s for sure. His story is a great one, too. And here are some good news… You can watch it here. There is a popular saying “Sky is the limit”… In the following video, you will see how...

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...