The success stories and start up business ideas of the most famous entrepreneurs .
Starting a Business at 13 What did you do, when you were 13? Playing around with the kids from your neighborhood, going to school, doing your homework… Most probably you didn’t take an $8 000 loan and started your own company :). But this is exactly what Emil Motycka did when he was in the eighth grade. He used the money to buy a lawnmower and start his company called “Motycka Enterprises”. Motycka Enterprises The kid was obsessed with the business spirit at a very early age. When he was in first grade, he started selling golf balls which he...
Online business is a great way for everyone to be … free! Yes, free is the right word here, because this can be your chance to stop trading your time for money, working a 9-5 job (if you do so). Everyone’s time is limited, why should you sell yours for money? Money can be earned, but time can not… But how online business will help you do this? The answer to this question is “passive income“. Imagine that you earn without even moving your finger, while you are sleeping, eating, or spending time with your children instead of working at...
CPA stands for “cost per action” and this is an online marketing technique for generating leads (potential customers) for a business. This is also a nice way to make some good money from home. In today’s world, this method has become a mandatory part of the marketing plans of many big companies, and it is a well-working way for them to attract new customers. How does CPA marketing work? A simple example… Imagine that John has an online store, selling furniture. One day he decides to start sending e-mails to potential customers. For this purpose, he will need mail addresses,...
This is the amazing story of one of the biggest, oldest, and most successful technology companies – IBM – International Business Machines Corporation. Its story began more than 100 years ago, It all started in the US, and since then has conquered the world. Nowadays, the head office is located in Armonk, New York, US, but the company is present in 170 countries and has around 400 000 employees. It’s the corporation holding the biggest number of patents in the US and one of the most significant ones in our technological history. Building all kinds of tech things, from small...
Crowdsourcing is an interesting and relatively new term, though the history of the word is extremely old. “What is crowdsourcing?” is a common question for an interesting topic. This article discusses the answer to this question as well as provides examples that will help in understanding this strange word. Maybe, with this knowledge, you will even find yourself participating in a crowdsourcing project yourself. Once you know the criteria, you will better understand how plausible this scenario is. So, What is Crowdsourcing …? Crowdsourcing, a term first coined by Jeff Howe in 2006, is a tool used by organizations and...
Who Is He? Mark Cuban is a famous entrepreneur, businessman, investor, and writer. He is also a popular figure in the world of sports and has quickly become a household name. His daring style and outspoken nature are ever-present on the basketball court and in media circles. He is a lively character with a storied past. To understand Mark Cuban’s success, one should look at the history of Mark Cuban. Understanding where he came from, then, you can better understand how he got where he is today. Cuban’s net worth in 2013 is around $2,4 billion, making him one of...
Elon Musk, born in 1971 in Pretoria, South Africa, and now a multi-billionaire tech giant, is quickly becoming the most influential figure of the 21st century. From co-founding Tesla Motors to launching a successful aerospace company called SpaceX, Musk has been revolutionizing the world of energy and transportation with his out-of-the-box thinking. He is one of the greatest entrepreneurs of our time, that’s for sure. His story is a great one, too. And here are some good news… You can watch it here. There is a popular saying “Sky is the limit”… In the following video, you will see how...
With the popularity that BMW (Bayerische Motoren Werke) has, it is very easy for one to think that this company never experienced any challenges after its inception. The reality is, this company faced numerous challenges. As a matter of fact, BMW saw some of the darkest moments in European history and had it not been for its quick decision to diversify, the company would be no more. If you are curious about how BMW came to be, then you are in the right place. Read on. BMW was formed in 1917, and it has been through several important developmental stages....
Foursquare’s Start-Up Story While some of the world’s biggest internet phenomena can spark from the thin air of life-in-motion, other concepts are slowly developed from several meetups. Sometimes, there are several conversations and ideas that have to mold into one dynamic app. Naveen Selvadurai and Dennis Crawley, Founders of the mega-popular app Foursquare took a slow, methodical approach but developed their idea from several life experiences. After having a bunch of different conversations at different coffee shops and restaurants, the question became, “how do you remember where we went?” More importantly, the conversation shifted; “how do we discover new places...
The Eastman Kodak Company Foundation More than 120 years ago, in 1888, a man named George Eastman founded a small company – Eastman Kodak Company, selling cheap cameras and consumables for them. ‘You press the button, we do the rest’ was the motto of the business, and the main strategy was selling cameras cheaply and making good margins on films and other photo equipment and materials. Mr. Eastman wanted to make photography more accessible to a broader circle of people. He wanted to make it more simple and more entertaining. He wanted to change the world, one of the most common...
