Tagged: edited2022-2

John D. Rockfeller in 1885

John D. Rockefeller’s Amazing Biography – The Standard Oil Company

John Davison Rockefeller was one of the wealthiest men in the world. John started from scratch as he was born on 8 July 1839, in Richford, NewYork, into a family with modest earnings. He was the second to the eldest child. William Avery Rockefeller, his father, had a farm and used the product for trading. His mother, Eliza Davison, was very strict in terms of raising them up. It is very dissimilar to his happy-go-lucky father. In 1853, his family migrated to Cleveland, Ohio after residing in Oswego, New York for many years. John finished his secondary education in Ohio....

How the richest 400 americans got rich

How To Make A Lot Of Money? Here Is How 400 Millionaires Did It – Learn From Them

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...

The Founders Dictionary

Entrepreneur’s Dictionary – The Most Important Start-Up Words You Need To Know

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...

Cool Math Games

This article is about one really cool math idea for an online business. Many think that mathematics is a boring science. Solving equations, triangles and other kinds of math problems could be not the greatest thing to do for them, but others do business with this. And they do it really successfully. This is what Coolmath.com, Inc. has been doing for the last several years. And they have been enjoying a constantly increasing popularity for that time. Cool Math Games Coolmath.com, Inc. is an online company managing some of the most popular sites about math games on the Internet. Their...

Money For Nothing – The I Am Rich Mobile App Or How To Think Out Of The Box

Sometimes consumer behavior doesn’t really make sense… This is what the people with some really crazy business ideas take advantage of, and this is how their ideas work. This is a story of one really weird idea, that didn’t make millions, but it’s worth knowing about it big time. Why? Because it’s really simple, anyone can do it, and works very well. It’s proof of the fact that thinking out of the box is always a good way to do business. I Am Rich… In 2008, a guy called Armin Heinrich decided to make a different mobile application. But this...

Wordpress Logo, 2012

How WordPress Was Created – The Startup Story Of The Best Free Blog Platform Today

What Is WordPress? A simple, powerful, and elegant solution for writing online – this was the main idea that gave birth to the most popular free blogging platform today – WordPress. It is an open-source content management system (CMS), making the creation of professional websites a kid’s game. Based on the PHP programming language and the MySQL database engine, WordPress is a very powerful tool in the hands of the webmaster. With tens of thousands of different plugins (add-ons) and themes, you can easily create whatever site you may like with this free platform. And this can be done literally...

What Is Financial Leverage? How leverage Works – For Dummies

What Is Financial Leverage? How leverage Works – For Dummies

Financial leverage in simple words is simply a way for achieving bigger results with a relatively small amount of capital/financial resources. This is usually possible with the help of credit, but leverage could also be achieved with the help of some financial instruments like derivatives. In the most common case, borrowing against the initial amount of capital is actually what leverage is. This way one increases the power of his/her money, by adding some more credit secured by the money. It is used everywhere in the financial world and its main purpose is a greater financial result. Sometimes all of...

How To Avoid Paying High Taxes Legally. Tips On Reducing Your Tax Bills

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...

The first steps to become an enrepreneur

How To become An Entrepreneur – The Very First Steps Of Becoming One

Being an entrepreneur is a mindset. To become one of them, you need just one thing – to think like an entrepreneur. But this is not that easy, and if you want to achieve it, you first need a plan and then be consistent. You have to start thinking differently than most people. You should not avoid problems, you should face them; you should not listen to people who will say that you will fail, you need to believe in your success. You will have to take risks, instead of avoiding such… These and many other states of mind are...

The Best Advice For Success – Simple, Short, and Straightforward

The Best Advice For Success – Simple, Short, and Straightforward

What to do to be successful? You could spend at least 3 lives studying this matter… You could read some of the zillion books on that, get some courses, or even hire a mentor… All good ideas but some of them are doubtfully effective. Well, if you are feeling engulfed by the sea of things you can do to get successful, probably it would be time for you to stop thinking and… Here is what you should do. In this video, which has become quickly viral, you can watch short and straightforward advice on achieving success. It’s so simple, so...