Friday, December 31, 2010

Thursday, December 30, 2010

When Opportunity Knocks with a Pink Slip in hand

Harry Potter creator J.K. Rowling and other entrepreneurs launched successful ventures only after losing their day jobs. Who knew getting fired could be a great career move?. Read more..

Wednesday, December 29, 2010

How HotOrNot Bootstrapped Its Way to Profit

James Hong  the founder of HotorNot.com, had very less money and used a lot of creative strategies to keep the site alive. He sold it for a rumored $20 million.  Read more...

Tuesday, December 28, 2010

Voodoo Doughnut: Success in a Crowded Market

The doughnut market is dominated by a couple of national companies, yet one independent shop in Portland, Ore., has managed to make a name for itself, earning mentions on television shows.

Voodoo Doughnut broke away from the pack with instantly recognizable creations such as a chocolate-frosted doughnut shaped like a voodoo doll that oozes red jelly when stabbed with a pretzel stick.

Doing something unexpected and innovative can help a business succeed, even in a crowded marketplace.  Read more...

Monday, December 27, 2010

Laid off Financial Journalist to famous blogger

Michelle Leder became a statistic in 1998 when she was laid off from her job as a financial journalist. But the layoff gave her time to write a book about the arcane world of Securities and Exchange Commission filings, which she promoted with a blog. The blog attracted advertisers, then subscribers and now a buyer..financial advice company Morningstar. Read more...

Friday, December 24, 2010

LinkedIn's startup story

Serial entrepreneur Reid Hoffman saw a new way of working - and built a company around that vision. Read more...

Thursday, December 23, 2010

Unemployable to High-style Baby product stores

Daniel Kron knew nothing about retailing, but his "Genius Jones" idea for chic and stylish baby products store proved to be genius.  Daniel also provides 8 tips for entrepreneurs. one of them is "Don't do something you're not absolutely in love with".  Read more...

Wednesday, December 22, 2010

Yoyo hobby turned into huge money spinning business

A former Wall Street analyst spins his yo-yo passion into a million-dollar-plus business.  Read more...

Tuesday, December 21, 2010

Start-Ups on a Shoestring

The tales of three entrepreneurs who launched companies for less than $150. Read more...

Monday, December 20, 2010

How I Did It: Tony Hsieh (Founder- Zappos.com)

In this 2006 interview Tony Hsieh shares how he started as an investor in Zappos and then CEO and now generating millions in revenue. Zappos was sold to Amazon in early 2010 close to a billion dollars. Read more...

Friday, December 17, 2010

From Concept to Market-in 10 Months Flat

Generally, to bring a invention to market from an idea to completion takes at-least a couple of years.
One entrepreneur navigated the inventing minefield and brought his idea for bass-thumping travel speakers to life in 10 months.  Read more...

Thursday, December 16, 2010

Mobile-advertising platform attracts Google

Omar Hamoui saw his per-customer acquisition costs for his photo-sharing service decrease from $30 to 10 cents when he tried promoting the service with mobile ads. Impressed by the potential of the mobile Web, Hamoui forgot about photos and launched AdMob, a platform that serves 10 billion ads each month to mobile devices. Google was impressed too: It bought AdMob in Nov'2009 for $750 million in stock.  Read more...

Wednesday, December 15, 2010

Rags to Riches-Bottling a billion-dollar business

Jess Jackson came from a poor family, When he grew up, he estimates that he had 50 jobs before becoming a lawyer, but it wasn't practicing law that made him a billionaire.

His 20-year legal practice did allow him to buy a vineyard near California's Napa County, and he sold the grapes to well-known wine makers. Faced with an oversupply one year, he tried his hand at making Chardonnay, which turned out sweeter than expected.

Consumers loved it, giving birth to the Kendall-Jackson wine-making empire, which sells about 2 million cases of Chardonnay each year. Read more....

Tuesday, December 14, 2010

The Accidental Entrepreneur:A business idea sparked by a bad battery.

Henk van Ess didn't want a business, just a better battery for his iPhone. So he posted a note on LinkedIn, and a Chinese battery-maker responded.
Van Ess was so impressed with the battery that he started selling it online. Then he opened a Web shop, and then became a full-fledged distributor. He had 1,200 customers on his first day of online sales.  Read more...

Monday, December 13, 2010

Baby Einstein: Genius Through Imperfection

By accepting her own shortcomings, Julie Aigner Clark created the perfect business for her. Read more...

Friday, December 10, 2010

Nine wunderkinds who made $1 million before graduation and the ideas that got them there.

These kids identified problems and created companies to solve them. others turned their hobbies into money-making ventures. Read more...

Thursday, December 9, 2010

Soap Business began on £35 shoestring

Denice Purdie turned her soap-making hobby(her grandmother's soap recipes) into a business after a car crash left her husband unable to walk. From local fairs she expanded into trade shows and then into self-branded boutiques. Purdie says she wants to maintain a smaller feel. "I absolutely do not want to run a factory," she says.
Read more...

Wednesday, December 8, 2010

A Hole-in-shoe Idea to Billion Dollars

If the shoe fits, puncture it.
Mario Polegato once cut holes in his shoes so his feet could breathe in the desert heat during a visit to Nevada. That experience was the inspiration for Geox, a billion-dollar shoe company founded on the principle that perforated soles are better for foot comfort. Polegato started the company after big companies such as Nike turned down his idea. "They found it strange that I was promoting holes in shoes," he recalls.  Read more...

Tuesday, December 7, 2010

A Housewife Inventor Builds a Homespun Empire

Debbie Meyer built a $100 million business by solving common problems around the house -- such as getting icing on your fingers when serving cake. That problem led to her first invention, a cake-cutter. She ordered prototypes, secured space at a trade show and got noticed by a home-shopping channel -- where she has since debuted about 40 inventions.  Read more...

Monday, December 6, 2010

Mint.com - Started and sold to Quicken for $170million

Aaron Patzer created Mint.com.. an online finance-management tool  that syncs multiple accounts in one place and automatically updates them.  He bootstrapped it with $100,000 he saved up while working as an engineer. He says "I worked alone in a room, seven days a week, 14 hours a day for about seven months," he recalls.

Mint.com was bought by quicken in late 2009 for $170million.  Read more...

Friday, December 3, 2010

Chipotle - An accidental success

Steve Ells wanted to build a  upscale  fine-dining restaurant, but to fund this idea,  he started Chipotle Mexican Grill . But on the way to 900 stores and $1.3 billion in annual revenue, Ells realized that his vision of "food with integrity" was gaining a wide following. "I don't know if I would ever have that kind of impact with one full-scale restaurant," he says. Read more...

Thursday, December 2, 2010

Finding the path to success by changing directions.

Serial entrepreneurs  Jeff Ready and Scott Loughmiller never get disappointed with problems, Their first startup  during their college days was an ISP, which they sold for 300,0000.  In their current startup Scale Computing, they planned to raise $100million and create a device to forcast stock prices. but noone was buying, They changed their businesss model and started selling the device as a storage device and sales zoomed.   Read more...

Wednesday, December 1, 2010

Harmonix - How 'horrendous failure' led to Success

Harmonix' founders revolutionized the gaming industry with Guitar Hero and Rock Band -- but first, they nearly went broke..Repeatedly.  Read more....