How Mark Cuban, Mark Zuckerberg, Richard Branson, and 15 other millionaires and billionaires got their start

economy

Beck Diefenbach/Reuters

Even wildly successful entrepreneurs start out from scratch. But while some build their empires from a young age, others stumble across success, while many more have to roll up their sleeves to make their businesses work.

Find out how the likes of Mark Zuckerberg, Bill Gates, Richard Branson, and J.K. Rowling got started, and overcame their fears to make millions.

Tony Robbins used to be a janitor.
Courtesy of Tony Robbins.

Life and business strategist Tony Robbins is a bestselling author known for motivating and leading others to success. He is chairman of a holding company that has more than a dozen diverse businesses — from a resort to an insurance marketing firm — with combined annual revenue of more than $6 billion. On Feb. 28, he debuts his latest book, “Unshakeable: Your Financial Freedom Playbook.”

Of course, this level of success didn’t come easy. As a teenager, Robbins was chased out of his home by his alcoholic mother. Instead of returning home, he took a job as a janitor to support himself, created a plan and went to work filling seminars for late-motivational speaker Jim Rohn.

Mark Cuban owned a pub in college.
Getty Images

Entrepreneur and “Shark Tank” veteran Mark Cuban helms some pretty lucrative business ventures — and he’s outright said business is his morning meditation.

The entrepreneur co-founded video portal Broadcast.com, which Yahoo purchased for $5.7 billion in 1999. The following year, he bought the Dallas Mavericks and a 50 percent stake in the American Airlines Center for $280 million. The basketball team is now valued at $1.4 billion.

Among his first business ventures, though, was a bar named Motley’s Pub, which he bought with friends before his senior year at Indiana University. The bar was shut down five months later, but the ambitious move was an early indicator of his sky-high potential.

Warren Buffett started investing at age 11.
AP Images

Most kids spend their free time playing, but 11-year-old Warren Buffett was a mathematical prodigy laser-focused on the stock market. His first stock purchase was six shares of Cities Service, an oil company now known as Citgo. That investment cost him $38 per share.

Initially, the stock dropped. Then, it turned around, allowing him to make a small profit. Since then, the Berkshire Hathaway CEO has turned a once-failing textile company into a worldwide powerhouse valued at approximately $396 billion.


See the rest of the story at Business Insider

Комментариев нет

Добавить комментарий

economy
AI 101: How learning computers are becoming smarter

IBT Many companies use the term artificial intelligence, or AI, as a way to generate excitement for their products and to present themselves as on the cutting edge of tech development. But what exactly is artificial intelligence? What does it involve? And how will it help the development of future …

economy
AI IN E-COMMERCE: How artificial intelligence can help retailers deliver the highly personalized experiences shoppers desire

BI Intelligence This is a preview of a research report from BI Intelligence, Business Insider’s premium research service. To learn more about BI Intelligence, click here. One of retailers’ top priorities is to figure out how to gain an edge over Amazon. To do this, many retailers are attempting to …

economy
Wall Street’s ‘wall of money’ is at odds with the struggling market — but one expert says not to worry

BI Grahics/Anaele Pelisson The heavy recent inflows to equity funds don’t match up with what Bank of America Merrill Lynch calls “lackluster” cross-asset returns. One Wall Street expert thinks the stock market can recover and even hit new highs in the coming months. A quick glance at a chart of …