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…
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…
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…
The Eastman Kodak Company Foundation More than 120 years ago, in 1888, a man named George Eastman founded a small company –Â 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…
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…
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…
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…
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…
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….
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…