The success stories and start up business ideas of the most famous entrepreneurs .
Seed capital also referred to as seed funding is a commonly used term in the business world. But what does it mean and how exactly is it used? Well, in this article I will try to explain its basics. So, seed funding is a form of financing in which the owner of a business receives money in exchange for a part of the equity of his/her company. It is called ‘seed’ because it happens at the very beginning of the business before even the latter generates any money (before it is started). This makes seed funding a very risky investment...
Pete Cashmore mashable.com Pete Cashmore was born in Banchory, a small town in Scotland, on the 18th of September 1985. When he was in high school he experienced some health issues, because of which he finished high school two years late. He couldn’t go out with friends and he had a lot of time all by himself. He was a teenager experiencing a big need for social contact. This is how social media sites became an important part of his everyday life and he was amazed by the fact that they were changing the way people communicate. He spent a...
Have you heard about Chuck Feeney? Did you know that he is a billionaire and one of the wealthiest people in the world? Most of you probably don’t know him, even though he is one of the American billionaires? Here is why I decided to uncover his amazing biography here. Chuck is an American-Irish philanthropist, the founder of one of the biggest world charitable foundations – “The Atlantic Philanthropies“. Not only he is one of the most successful entrepreneurs in the world, but also he and his organization have changed the lives of so many people without even these people...
Whenever you visit the Home Depot, do you ever wonder how it started? How did it rise to become a one-stop shop that has everything you could ever need for your home? It was in 1978 when Arthur Blank and Bernie Marcus established The Home Depot (HD) in Atlanta, Georgia with the help of Ken Langone and Pat Farrah. The company started with a vision of providing a store for do-it-yourself (DIY) home improvements. There were other home improvement giants in the market during that time, but Home Depot’s founders believed in their goal of becoming the best and this...
Who is Evan Spiegel? Evan Spiegel is one of the founders and the chief executive officer of the popular service for transferring messages Snapchat. This young entrepreneur is only 23, and recently he was offered $3 billion for his business. The offer was made by the social giant Facebook and actually, it was … refused?!? Let’s make it crystal clear, we are talking about 3 billion US dollars here… in cash. Who just refuses such amount of money that would be enough for the living expenses of thousands of people? Well, Evan does. Actually many entrepreneurs wouldn’t accept even...
RebelMouse is an ingenious idea that allows users to be able to manage all of their social activity in one spot. In essence, this provides one simple homepage for everything that embodies a person’s social life. Users are able to curate information, view tweets, examine real-time Facebook posts and enjoy every aspect of the social networking world from one platform. The arrangement is so amazing, but it had to start somewhere. The idea behind RebelMouse started with Huffington Post’s former CTO Paul Berry. RebelMouse was launched in June 2012 and it allows its users to extract their content from across...
The game Forced is a popular RPG game with some tactical elements for up to 4 players. There you are a slave, who is forced to fight for his freedom or die. The game is available on Steam Store and has been a very popular app there. This makes it also a very successful business, and this business has a really cool story. Forced History The game was developed by a group of enthusiasts, passionate about gaming and computers. They found a spare classroom at the university they studied at and decided to use it for their first office. They...
Ryland’s Restaurant is a cool place to have a snack. People really like it and the food there is tasty. The business has a big potential for growth but the owner and the manager of the venture has some restrictions from mommy and daddy… Pretty understandable, having in mind that Rayland Goldman is just a 7-year-old boy… Actually, the kid has been thinking about founding a restaurant since he was just 3 years old, and after the Goldman family changed their house, Ryland decided to make his dream happen. His new home happened to be on a busy street, where...
Yandex.ru is the largest and most popular search engine in Russia. It accounts for just under 65% of the searches that take place within the country. The website is currently the most popular in Russia and attracts users from all over the world, it currently accounts for 1.7% of all search engine queries placed throughout the world. Let’s take a little look at the history of this fantastic website. The company started way back in 1990 when Arkady Yolozh and Arkady Borkovsky teamed up to create the company Arkadia. The company developed MS-DOS Software designed to search for patents. It...
Just about everyone on the face of the planet is aware of who Walt Disney is. After all, Disneyland and Mickey Mouse along with everything else relating to these world-famous theme parks have popped up in every corner of the earth. However, there was much more to Walt Disney than just Disneyland and Mickey. We will give you an overview of the man himself and some of his accomplishments during his lifetime. Early Life First of all, he was born as Walter Elias Disney in Chicago on December 5, 1901. When Walt was just 5 the family moved to Missouri....