The success stories and start up business ideas of the most famous entrepreneurs .
Success in business can be achieved in many different ways, but if we look globally at successful entrepreneurs, we can find that they have many things in common. So if you are wondering how to be a successful one, here are 15 of the most common characteristics we believe most of them have: 13 characteristics of entrepreneurs that make it 1. They do what they are passionate about – doing what you like is a kind of guarantee, that you will give the best of yourself. This is the case in which getting bored is less likely because you are...
Starting a business is actually not that hard. Making it successful and keeping it this way is a tough task. Actually starting up is one of the easiest steps of the entrepreneurship game. Yes, there are many problems you need to solve before you launch your company – what to do, where to get money from, etc. But these are really easy questions. Then comes the real struggle – running the business successfully. More than 90% of startups don’t make it in the long run just because they get drowned somewhere in the ocean of problems they start sailing in....
They are some of the super bright stars in the world of entrepreneurship. They are young, they are determined, and they are running a startup. I came across this cool movie about the lives of some of the youngest and super successful entrepreneurs. This is actually a documentary video about online entrepreneurs from the old continent and The United States and how they made their business ideas happen. Below you can watch how some of the most innovative Internet startups were launched and how they rose or fell. The clip contains interviews with a dozen of young founders, some of...
In BusinessIdeasLab we have been writing about some of the greatest and the most successful start-ups in all time. But in the start-up world, things are not going always smoothly, contrariwise, most of the newborn companies actually end up in flames. Different statistics show that more than 45% of start-ups in the United States survive not more than 6 months. In the long run, 3 out of 4 new businesses don’t make it at all… So, to be objective, we consider that we are supposed to write not only about success but also about failure. The latter could be even...
History There are many inspiring stories about young entrepreneurs, who started successful business and made some millions. But if you have missed doing this in your salad days, you should not lose faith. Here is a story about a man in his 60s, who founded one of the most popular companies from all over the world – KFC or Kentucky Fried Chicken… Colonel Sanders had not an easy childhood, like many other kids. He learned how severe life can be from a very young age. He started his work career at the age of 12, as a farmer boy, and...
Dell Computers? You might be coming from another planet if you haven’t heard about them. Talking about PCs, they are one of the greatest companies in the world. For more than a quarter of a century, Dell has helped many companies and people to realize their dreams, by delivering quality technology solutions. But how all of this started? Here you will see another great business idea, made happen… History This is one really inspiring business story about a man who started with nothing, and became a billionaire! When saying nothing, I am talking about money, because Michael Dell had all...
What is a business plan? Do you know the answer to this question? It seems to be obvious, but when asked, many people actually find it difficult to give an exact definition. This is why we decided to write a short article on the matter. A Simple Definition Actually, it’s a very simple thing: A business plan is simply a statement of business goals, containing some plans and details about how exactly to achieve them. It describes the future plans for your business and is a kind of roadmap showing how exactly you are going to develop your company. That’s...
Comics By ComiXology is a cool and innovative mobile application with which you can make your small, tiny mobile device a big comics library. Awesome, isn’t it?! The app has made a real revolution in reading comic books on tablets and smartphones and has been a really successful startup since its foundation in the year 2007. The ComiXology idea was born in the head of David Steinberger, who co-founded the company (with the same name) with John Roberts, and Peter Jaffe. His inspiration came from his participation in a Start-Up contest, organized by New York University and their business plan won...
David Carter knew only a few things about asbestos but this didn’t stop him to create the site asbestossurveys.com which made him several hundred thousand in just a year. As you may know, asbestos is a dangerous material that was widely used in construction some years ago, and this is why the European Union enacted some laws regulating its use. Just creating a simple site, he opened the door to the world of business. Soon, inquiries started flowing and Carter just took advantage of this. He got certified and started providing asbestos surveys (it’s a legal requirement to have such...
One of the most legendary investors of the past century has been George Soros. He turned his hedge fund into a money-making machine by which he has not only been making billions of dollars, but he helped provide funding to needy people around the world. In 2011 he retired from running the Quantum Group of Funds and started paying more attention to his philanthropic activities. A Short History George Soros was born in Budapest, Hungary on the 12th of August, 1930. His family background was Jewish and he was forced to hide his identity during World War II when the...
