The success stories and start up business ideas of the most famous entrepreneurs .
Catch an entrepreneur and take all his/her money, let her start all over and she will most probably rebuild her wealth again. Give to a poor guy the big money, and he will most probably be poor again in a while. There are hundreds of stories about people who won the lottery and had nothing again just in a couple of years. So what would be the difference between a guy who just can’t succeed in business and a guy who is a serial successor? The answer to this question is simply – the way of thinking. Entrepreneurship is a...
In the beginning, a tiny garage in Palo Alto, California, where two young and determined men created unique and visionary products while instituting a style of business management that revolutionized business strategies forever. David Packard and William Hewlett graduated from Stanford in 1938, in the midst of the Great Depression era of unemployment. As Packard later reflected, “Bill and I were brought up in the Depression. We weren’t interested in the idea of making money. Our idea was if you couldn’t find a job, you’d make one for yourself.” And, so they did. Starting Up In 1938, Starting in a...
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...
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 (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...
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 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...
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...
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....
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...
