Thomas Alva Edison, born 1847, gave us the light bulb, the phonograph, motion picture projector and more than 1,300 other patented inventions, but Thomas Alva Edison is considered one of history’s greatest entrepreneurs for his ability to develop the profit potential of his creations. He was the first professional inventor who used the profits from his creations to fund further research and development, eventually establishing his R&D facility at Menlo Park, N.J.
Quote: "I have not failed. I've just found 10,000 ways that won't work."
Frank Lloyd Wright (born Frank Lincoln Wright, June 8, 1867 – April 9, 1959) was an American architect, interior designer, writer and educator, who designed more than 1,000 structures and completed 500 works. Wright believed in designing structures which were in harmony with humanity and its environment, a philosophy he called organic architecture. This philosophy was best exemplified by his design for Fallingwater (1935), which has been called "the best all-time work of Amer...ican architecture". Wright was a leader of the Prairie School movement of architecture, and developed the concept of the Usonian home, his unique vision for urban planning in the United States.His work includes original and innovative examples of many different building types, including offices, churches, schools, skyscrapers, hotels, and museums. Wright also designed many of the interior elements of his buildings, such as the furniture and stained glass. Wright authored 20 books and many articles, and was a popular lecturer in the United States and in Europe. His colorful personal life often made headlines, most notably for the 1914 fire and murders at his Taliesin studio. Already well-known during his lifetime, Wright was recognized in 1991 by the American Institute of Architects as "the greatest American architect of all time".Frank Lloyd Wright (born Frank Lincoln Wright, June 8, 1867 – April 9, 1959) was an American architect, interior designer, writer and educator, who designed more than 1,000 structures and completed 500 works. Wright believed in designing structures which were in harmony with humanity and its environment, a philosophy he called organic architecture. This philosophy was best exemplified by his design for Fallingwater (1935), which has been called "the best all-time work of American architecture". Wright was a leader of the Prairie School movement of architecture, and developed the concept of the Usonian home, his unique vision for urban planning in the United States.His work includes original and innovative examples of many different building types, including offices, churches, schools, skyscrapers, hotels, and museums. Wright also designed many of the interior elements of his buildings, such as the furniture and stained glass. Wright authored 20 books and many articles, and was a popular lecturer in the United States and in Europe. His colorful personal life often made headlines, most notably for the 1914 fire and murders at his Taliesin studio. Already well-known during his lifetime, Wright was recognized in 1991 by the American Institute of Architects as "the greatest American architect of all time".
Steve Jobs was a college dropout when he teamed up with Steve Wozniak in 1976 to sell personal computers assembled in Jobs' garage. That was the beginning of Apple Computers, which revolutionized the computing industry and made Steve Jobs a multimillionaire before he was 30 years old. He was forced out of the company in 1985 and started the NeXT Corporation, but returned to his old company in 1996 when Apple bought NeXT. Steve Jobs soon became Apple's chief executive officer ...and sparked a resurgence in the company with products like the colorful iMac computer the i pad tablet and the iPod music player. Steve Jobs was also the CEO of Pixar, the animation company responsible for movies like Toy Story and Monsters, Inc. Pixar was purchased by the Walt Disney Company in 2006 for $7.4 billion in stock; the deal made Jobs the largest individual shareholder of Disney stock. Jobs was diagnosed with pancreatic cancer in 2003 andhad surgery in July of 2004, and was criticized by some for not disclosing his illness to stockholders until after the fact. His health was in the news again in 2008, when his extreme weight loss sparked rumors that his cancer had recurred. Jobs refused to speak publicly about his health, but in January of 2009 he took a formal six-month leave of absence from Apple, saying that his health problems were "more complex than I originally thought." He had a liver transplant later that year and returned to work at Apple in June of 2009. In January of 2011 he again announced, without offering details, that he was taking a medical leave of absence. He resigned as Apple CEO on 24 August 2011, saying "I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple's CEO, I would be the first to let you know. Unfortunately, that day has come." He remained with the company as Chairman of the Board until he died.
Pierre Morad Omidyar (born June 21, 1967) is a French-Iranian American entrepreneur and philanthropist/economist, and the founder/chairman of the eBay auction site. Omidyar and his wife Pam are well-known philanthropists who founded Omidyar Network in 2004 in order to expand their efforts beyond non-profits to include for-profits and public policy.
John Pemberton was the founder of the most famous beverage in the world "Coca Cola". Pemberton was born to James Clifford Pemberton (born 1803 in North Carolina) and Martha L. Gant (born 1803 in Virginia), both of English descent. Though born in nearby Knoxville, Georgia, Pemberton, as a young child, moved with his family to the larger city of Columbus, Georgia. His uncle, John C. Pemberton, was a Confederate lieutenant general during the U.S. Civil War. He was addicted to morphine. To find a cure for his morphine, he started experimenting coca and coca wines. After a while, he was forced to produce a non-alcoholic beverage which he called " coca cola".
Barry Charles Diller is the chairman and chief executive officer of IAC/InterActiveCorp.He played a key role in the creation of Fox Broadcasting Company and USA Broadcasting.Ever since he dropped out of college, he had set his eyes on the show business.Starting his career as an agency mail clerk, he rose to become one of the famous and richest media barons.
The idea is one of the most important things in business. There will come a time when you get an idea and you will think, "Oh my god if this idea works I will become a billionaire!" . Once you are sure of everything, you will go and either tell your friends or your parents and after listening to your idea they will say its bullshit. This will never work. Then rethink your idea many times and if you still think your idea is great then don't care about what anyone says and go and just do it because no idea is perfect you have to make it perfect with time and never get disheartened if an idea does not work out because business ideas are like buses if one goes another will come.
Larry Ellison left the University of Illinois at the end of his second year, after his mother died.He later studied computer designing and moved to California.After doing several jobs for eight years, in 1977, Ellison and his Ampex colleagues, Robert Miner and Ed Oates, founded Software Development Labs, with $2,000.The company was later renamed Oracle Corporation. Oracle is today the world's second largest software company.
Carlos Slim Helú born January 28, 1940) is a Mexican business magnate and philanthropist who as of 2011 is the richest person in the world, for the second year in a row. He is the chairman and chief executive of telecommunications companies Telmex and América Móvil and has extensive holdings in other Mexican companies through his conglomerate, Grupo Carso SAB, as well as business interests elsewhere in the world. América Móvil, which in 2010 was Latin America’s largest mobile-phone carrier, accounted for around US$49 billion of Slim's wealth by the end of 2010. His corporate holdings as of March 2011 have been estimated at US$74 billion.
Roy Raymond (April 15, 1947 – August 26, 1993) was an American businessman who started the Victoria's Secret lingerie retail store.Raymond, an alumnus of Tufts University and The Stanford Graduate School of Business, opened the first Victoria's Secret store at the Stanford Shopping Center after feeling embarrassed trying to purchase lingerie for his wife in an awkward, public department store environment. To open the store, he took a $40,000 bank loan and borrowed $40,000 fro...m relatives. The company earned $500,000 in its first year. He quickly started a mail order catalog and opened three more stores.In 1982, after five years of operation, Raymond sold the Victoria's Secret company, with its six stores and 42-page catalogue, grossing $6 million per year, to Leslie Wexner, creator of The Limited, for $4 million. By the early 1990s, Victoria's Secret had become the largest American lingerie retailer, topping one billion dollars. In FY 2009, Victoria's Secret was worth over $5 Billion USD.In 1984, Raymond started My Child's Destiny, a retail store for children which went bankrupt in 1986.On August 26, 1993, Raymond committed suicide by leaping off the Golden Gate Bridge at the age of 46.
Mark Elliot Zuckerberg (born May 14, 1984) is an American computer programmer and Internet entrepreneur. He is best known for co-creating the social networking site Facebook, of which he is chief executive and president. It was co-founded as a private company in 2004 by Zuckerberg and classmates Dustin Moskovitz, Eduardo Saverin, and Chris Hughes while they were students at Harvard University. In 2010, Zuckerberg was named Time magazine's Person of the Year. As of 2011, his personal wealth was estimated to be $17.5 billion.
Samuel Moore "Sam" Walton (March 29, 1918 – April 5, 1992) was a businessman, entrepreneur, and Eagle Scout born in Kingfisher, Oklahoma best known for founding the retailers Wal-Mart and Sam's Club.
In 1945, after leaving the military, Walton took over management of his first variety store at the age of 26. With the help of a $20,000 loan from his father-in-law, plus $5,000 he had saved from his time in the Army, Walton purchased a Ben Franklin variety store in Newport, Arka...nsas. The store was a franchise of the Butler Brothers chain.
It was here that Walton pioneered many concepts that would prove to be crucial to his success. Walton made sure the shelves were consistently stocked with a wide range of goods. His second store, the tiny "Eagle" department store, was down the street from his first Ben Franklin and next door to its main (Newport) competitor. Walton leased the space mainly to preempt his competitor from expanding. It held its own, but didn't fare as well.
However the success of the first Ben Franklin drew the attention of the landlord, whose family had a history of retail, P.K. Holmes, who refused to renew the lease when it expired, desiring to reclaim the store, and pass it onto his son. The lack of a renewal option, together with the outrageous rent of 5% of sales, were early business lessons to Walton. Despite forcing Walton out, Holmes bought the store's inventory and fixtures for $50,000, which Walton called "a fair price".
Warren Edward Buffett (born August 30, 1930) is an American business magnate, investor, and philanthropist. He is widely regarded as one of the most successful investors in the world. Often introduced as "legendary investor, Warren Buffett".he is the primary shareholder, chairman and CEO of Berkshire Hathaway. He is consistently ranked among the world's wealthiest people. He was ranked as the world's wealthiest person in 2008 and is the third wealthiest person in the world as of 2011.
Stephen Gary "Woz" Wozniak (born August 11, 1950) is a Polish American computer engineer and programmer who founded Apple Computer with the late Steve Jobs. He also created the Apple I and Apple II computers in the mid-1970s, which contributed significantly to the microcomputer revolution of that era. His net worth is estimated to a 100 million in 2011.
Christopher Isaac "Biz" Stone (born March 10, 1974) is a businessman, software engineer and creative director. co-founder of Twitter his net worth is of $200 million. Stone,was named 2009 Nerd of the Year by GQ magazine.
Sir Richard Charles Nicholas Branson (born 18 July 1950) is an English business magnate, best known for his Virgin Group of more than 400 companies.His first successful business venture was a magazine called Student at age 16. In 1970, he set up an audio record mail-order business. In 1972, he opened a chain of record stores, Virgin Records, later known as Virgin Megastores. Branson's Virgin brand grew rapidly during the 1980s.Branson is the 4th richest citizen of the United Kingdom and 254th richest person in the world, according to the Forbes 2011 list of billionaires, with an estimated net worth of US$4.2 billion.