Tagged: edited2022-2

gearing

What Is Gearing? A Simple Definition

Gearing is a popular word in the financial world. It is a synonym of ‘financial leverage’ and both of these words can be used interchangeably. This is a ratio between the amount of own and the amount of borrowed capital in a business, personal budget, or any other financial unit. To learn more about leverage in finance, you can read our example on this matter here. Gearing Ratio As we said earlier, the gearing ratio is the percentage of own funds from borrowed funds. An example of this is the debt-to-equity ratio from corporate finance. Let’s say that a company...

Who Is Richard Branson? This Is How He Made His Billions

Richard Branson‘s story is one of the must-reads for any starting entrepreneur. His life has been an amazing and profitable adventure that anyone can learn from. But first, let me drop a few words about him. Sir Richard Charles Nicholas Branson is one of the richest people in the world, 4th by wealth in the UK. Currently, he is 64 and his net worth is estimated at around $4.6 billion. Branson is the founder and the manager of “Virgin Group Ltd.” – a venture capital conglomerate company located in Great Britain, consisting of more than 400 different businesses from around...

Daniel Kan - a picture from his LinkedIn profile

Daniel Kan Was Rejected By 30 Employers. Now He’s A Co-Founder of a $1 Billion Startup

The world of finance completely shut its doors to Daniel Kan. During his senior year in college, Dan wanted nothing more than to become a financier. They all did some decent money, right? Everybody goes to finance…  But of the 35 jobs he applied for, mainly in the lucrative finance world, he got 33 rejections. The two offers that he was left with were both not related to finance at all. One of the opportunities he received was for teaching English in Korea and the other – working for a startup. He opted for the opportunity to work with a...

eBay Logo

The History of eBay – Pierre Omidyar And His Amazing Start Up Story

A History of eBay.com eBay‘s origins lie in San Jose, California. On September 5th, 1995, the American computer programmer named Pierre Omidyar founded a personal auction website called – AuctionWeb. One of the first items that were sold on the site was a not working laser pointer, at the price of $14.83. Astonished, Pierre contacted the buyer and asked him if he really understood that the pointer he bought was actually broken. In the email in which the buyer responded, he wrote: “I’m a collector of broken laser pointers.” Actually, eBay was just a side work for Pierre. One day...

Amazon was also started in a garage

5 Big High Tech Businesses Started in a Garage

Did you know that many of the biggest Internet companies today were started in a garage? These multi-billion businesses had barely anything at the beginning, the most important thing for their success turned out to be simply a great business idea. Here are the stories of some of the most popular ‘garage start ups‘: Google The founders of one of the greatest Internet companies – Sergey Brin and Larry Page started the business in a small garage in California. They paid $1 700 monthly for the rent and spent there around 5 months. During that time, they actually created the...

The Start Up Story Of Tencent Holdings And Pony Ma, Zhang Zhidong, Xu Chenye, Charles Chen, and Zeng Liqing

The Start Up Story Of Tencent Holdings And Pony Ma, Zhang Zhidong, Xu Chenye, Charles Chen, and Zeng Liqing

Tencent (www.tencent.com) is one of China’s largest and most popular internet companies. It had its humble beginnings in November 1998 and since then has reached the zenith through years of hard work and client-friendly operating strategies. It was a big day for the company when it went public, as Tencent Holdings Limited was on the main board of the Hong Kong Stock Exchange. Tencent is bounded by its mission to improve the quality of human life through its different Internet services. The company is a one-stop center for mobile, telecom services, online advertising, and value-added Internet. The popular Internet platforms...

Baidu.com - Logo

The Start Up Story Of Eric Xu and Robin Li – How Baidu.com Was Founded

Baidu (www.baidu.com) is a company that provides public web services. It was established in January of 2000 and its headquarters are currently housed in the Haidian District of Bejing in China, on the Baidu Campus. The company offers a huge range of internet-related services, including a search engine that uses Chinese as its main language, for images, videos, and websites. It also provides a discussion forum for keywords, and an extensive online encyclopedia, like Wikipedia for the Chinese-speaking world. Baidu Inc. was created by two guys, named Eric Xu and Robin Li. Robin is the current chief executive and chairman...

Mark Pinkus founder of the company.

Top 10 Characteristics Of Good Leaders

Being a good leader is really something tough but it’s also really something that is totally worth it. Leadership is a complex thing, and there are actually many blocks that the mindset of a successful leader is built from. It is described as a process of social influence in which one person can empower the help and support of others in reaching a certain goal or completing a task. A good leader is a person who knows how to motivate people and make them believe in what he/she believes him/herself. A good leader leads, but doesn’t dictate. Being a recognized...

How Great Leaders Inspire Action? Simon Sinek Explains Here

How to be a great leader? This short movie will take you one step further into the depths of leadership. Here you will see what exactly some of the greatest leaders of all time have done to inspire and motivate the people around them. This is another great TED video that will give you some great insights into how exactly leadership works. Simon Sinek will show you why companies like Apple and people like Martin Luther King actually manage to change the world. The video is a must-watch for every great leader wannabe and an excellent choice for everyone who...

McDonald's Logo, 2012

Franchising Definition – What Is It And How Do These Business Opportunities Work?

Franchising is one of the greatest ways to start your own business and be your own boss and at the same time take advantage of an already established brand and business operations. This is why everybody should know what it means. Here I will throw some light on the matter, giving you a very simple franchising definition. We will see how it works and will go through its main advantages and disadvantages. How Does Franchising Work? An Example With “John’s Bread” Imagine that John has built a successful bakery and makes really fine bread. For the last few years, his...