Tagged: Business Infographics
Being rich is cool, isn’t it? But there is something even cooler… Being extremely rich is extremely cool! Probably many of you have asked yourselves the question ‘How can I get rich?‘ or ‘How did those billionaires make their extremely large fortunes?’… Not only how you can make money, but how to make a lot of money. You’ve come to the right site for the answers. On BusinessIdeasLab you can read the stories of some of the most successful people in the business world. And here in this post is a kind of more general answer to these questions… Nerdwallet...
Like in almost any other area, entrepreneurs have their own slang. The guys from the online courses provider – Udemy have decided to make a kind of entrepreneur’s phrasebook, where you can see some of the most common buzzwords founders of new businesses use. I was surprised about how many words I didn’t know, but I quickly amplified my knowledge. Some of the terms are really joyful and I thought it would be cool to share them here. Entrepreneur’s phrasebook For better readability, you can click on the image to enlarge it. Don’t forget to share this post if you...
Two things nobody can escape – the first one is death and the second one is taxes. Well, even though I completely agree with number one, in reality, most of the rich people out there know many ways to escape, or at least reduce their taxes. Did you know that poor people pay taxes at rates two times higher than rich people? In the year 2010 in the United States, the top 1% of people by income were taxed at an average rate of 5.6% and the poorest 20% of Americans were taxed at around 11.2%. The next 60% by...
Making a good business plan is essential for having a successful business, especially when you are starting up. You just need one, even the though it’s not the perfect or the most professional one. It’s the resume of your business, it describes how exactly your company makes money, which is crucial information for all of your potential investors and partners. Putting everything about your business model on a paper is something that not only will help you follow it, but also it’s a must if you want to find financing for your idea. Nobody invests in a company without a...
Starting an IT company has been the quickest way to getting shamelessly rich. There are thousands of stories about young guys, who occupied their father’s garage and started there a company that would change the world. Launching an international IT business from a dorm room has become something trivial. Tech companies are currently booming and they are around 30% of all startups. While there are thousands of tech millionaires, tech billionaires are not that many. On the following infographic, you can see the winners of the ‘tech startups’ contest. These guys below are the top 15 billionaires, who made his...
Being a leader is one of the most important things for heading a team or a company. It is crucial for success, even more than money and brains. You may have the most capable and skilled team in the world, but if you are not a good leader, your people just can’t and won’t achieve the best they can. A leader is a conductor, without whom the very complicated business machine can’t function properly. She is the person, who people would love to follow and the person, who would give them wings to chase their full potential. Although there is...
Crowdfunding has become a really big thing in business for the last few years. And it is growing enormous! Some guys from one of the leading crowdfunding platforms – Fundable – has created an interesting infographic, on which you can see some astonishing facts and trends regarding crowdfunding. This innovative way of financing startups has really expanded, for the last 5 years its growth is more than 1000%, and by the end of 2014, the total growth will reach 1800%. And this amazing expansion is not really strange, having in mind that the average return on $1 investment in a...
The Mobile Commerce Trends Are Pointing To A Rapid Expansion In Mobile Sales In 2022 And Beyond As mobile phones continue to become increasingly powerful, digital commerce or e–commerce has seen a steady increase in growth. Mobile devices have changed the way we interact with the world around us and have revolutionized how we buy and sell products and services. According to a new report released by the International Data Corporation (IDC), global mobile commerce sales are expected to reach $626 billion by 2020. From increased usage of mobile wallets to the growing popularity of location–based services, here are 10...
Starting a brand new company is not an easy thing to do in most cases. Actually, it’s really tough and exhausting activity. This is why more than 90% of all startups fail in the first years. But this is something normal, rather than something scary. It’s even good and actually, you should never fear failure. Why? Because it’s always a good lesson, a great teacher and experienced provider. This is why we should learn from our mistakes and never give up. We should not look at failure negatively. Most people get demotivated and disturbed by it. They just start to...
Online marketing has been growing for many years and it has become a constantly expanding multi-billion industry. Any business must have a presence online, nowadays this can be the difference between failure and success. SEO is one of the most, if not the most important aspect of online marketing. Companies from all around the world spend large budgets every single year for improving their search engine rankings and this is not about to change in the foreseeable future. Typically search engines themselves don’t like their results being manipulated, so they constantly improve their ranking algorithms for excluding nonnatural popularity from...
