10 SUCCESSFUL ENTREPRENEURS WHO STARTED WITH NOTHING

1.Jhon Paul Dejoria: 

                                               

         He is a self-made entrepreneur. He is most well known as the founder of the Paul Mitchell line of hair-care products. He was fired from his first job in haircare- while working for Redken Laboratories. Then in 1980 he formed Jhon Paul Mitchell system with hairdresser Paul Mitchell, with loan of just $700. He is now worth of $3.1 billion.

4 lesson we can learn from Jhon Paul Dejoria

• ·        Don’t be too proud to ask help
• ·        Bootstrap
• ·        Don’t count your chickens
• ·        Blaming other is pointless

2.Jan Koum:

                                   

Thankfully Jan Koum, a Ukrainian emigree to the USA, inverted the communication app in 2009 (what’s app). At 18 he already had high-level skills. He launched what’s app to great acclaim after buying his 1^st smartphone and having the idea for the product, which allows people to send message between mobile phones via the web. Recently Facebook brought the app for a staggering $19billion.

7 lessons we can learn from Jan Koum

• ·        Be a lifelong learner
• ·        Be your own boss
• ·        Develop specialized knowledge
• ·        You need a mentor
• ·        Form a mastermind group
• ·        Learn how to sell what your customer wants
• ·        Never give up

3.Howard Schultz: 

                               

     He is a Starbucks founder. His family didn’t have much money and he grown up in a housing estate. He was also a 1^st person in his family to go to college.  While working for a coffee company that Schultz 1^st came into contact with Starbucks brand. In 1985 he decided to open his own coffee house. He raised $500000 he needed to open the 1^st store. 2 years later, the original Starbucks management decided to sell its retail unit to Schultz. Its now worth in excess of 2.9billion.

8 lesson we can learn from Howard Schultz

• ·        Vision
• ·        Lead from heart
• ·        Take responsibility
• ·        Give back
• ·        Be bold and think
• ·        Intellectual stimulation
• ·        Admit faults and ask for help
• ·        Know yourself

4.Oprah Winfrey: 

                        

The powerful women we know today as a talk show host, writer, campaigner, golden globe winner icon. She had struggled a lot due to poverty in her past. Winfrey landed a job in radio while in high school. By the age of 19 she was a co-anchor for a local evening news. Soon after she became a daytime talk-show host and went onto launch her own production company. By 32-year-old, she was a millionaire. In year 2000, she had a net worth of $800million, making Winfrey the richest African American of the 20^th century. By year 2014, she had a net worth in excess of 2.9billions dollars

5 lessons we can learn from Oprah Winfrey

• ·        Your past doesn’t define you
• ·        Education is the key to process
• ·        Don’t be afraid to try something new
• ·        Be authentic and intentional
• ·        Find success through service

5.Do Won Chang: 

                               

Do Won Chang might not be a household name, but his fashion chain forever 21 certainly is. Before he used to work as janitor at gas station and in a coffee shop. When he 1^st moved to America from south Korean. The 1^st store he opened with his wife was 900sq feet in LA, the 1^st shop was called fashion21 and customer mainly come from Korean American community. Later name changed from fashion21 to forever21. Its now an international, 790-store empire and he as net worth of $3.2billion.

5 lesson we can learn from Do Won Chang

• ·        Big things start small
• ·        Success takes time
• ·        Get to know your target population
• ·        Be persistent
• ·        Always be one step ahead of your competitors

6.Ralph Lauren: 

                                  

Ralph Lauren grew up poor in the Bronx, New York. In high school yearbook he wrote his life goal was to be a millionaire in year 1975. But later he dropped out of collage to join the US Army. He began to wonder if men were ready for something more colorful specifically when it comes to ties…. So, he decides to try his hand at running his own business in 1967, by selling ties. In 2018 his wealth was $7.2 billion, which makes Ralph Lauren the 91^st richest person on America.

7 lessons we can learn from Ralph Lauren

• ·        Live to dream and dream to live
• ·        Control your own destiny: “I don’t design clothes, I design dreams”
• ·        Be innovative
• ·        Be comfortable in your own shoes
• ·        Know yourself
• ·        Do what you love and love what you do

7.Sophia Amoruso:

                                   

She is the founder of nasty gal. she began her empire by scouring the racks at 2^nd hand stores and selling her vintage finds on ebay. She used the amount from her sales to move her stock into a warehouse and used My SPACE and other social media platforms to attract customer. Her net worth was $280 millions by 2016. Most recently she lost half of her fortune but her star is still raising. She continues to evolve her personal brand, focusing on a best- selling memories, a coffee table book and a binge- worthy Netflix series about her past, girl boss

5 lesson we can learn from Sophia Amoruso

• ·        Attention to details
• ·        Be ahead of the game
• ·        Be super resourceful
• ·        Dress the part to feel the part
• ·        Stay hungry, stay foolish

8.  Steve Jobs and Steve Wozniak:

                                                       

           

  Apple CEO Steve Jobs, Apple Co-founder Steve Wozniak, never had becoming rich on his agenda. Both started apple computers in a garage in Los Altos, California. Jobs had to find a guarantor to get a bank loan for $250000. When he died in year 2011, he was said to be worth $10.2billion.

20 lessons we can learn from Steve Jobs and Steve Wozniak

·        Steve Jobs

• ·        Always focus on the positive and let go of the negative
• ·        Travel the world and learn new things
• ·        Always take a calculated risk
• ·        Be wise in the company you choose to keep
• ·        Learn from failure and keep moving forward
• ·        Do only what you truly love
• ·        Learn from others
• ·        It is never too early to get started
• ·        Obstacle are the opportunity to succeed
• ·        Always remember you are not immortal

Steve Wozniak

• ·        Success is not measured by money
• ·        Weed out unwanted opinions
• ·        Keep yourself updated
• ·        Relationship matter
• ·        Don’t forget to have fun
• ·        Always put your best foot forward
• ·        Live life with no regrets
• ·        Failure is inevitable
• ·        Follow your dreams
• ·        Innovation has no age limit

9.Richard Branson:

 

 He is an English business magnate, investor, author and commercial astronaut. In the year 1970 he founded the virgin group, which controls more than 400 companies in various field. He is no less than a celebrity when it comes to his popularity. He has shared his knowledge and wisdom in his interviews, books, personal blogs and other platform to inspire others.

7 lessons we can learn from Richard Branson

• ·        Age is just a number
• ·        Dream big and achieve big
• ·        Love what you do, money will follow
• ·        Take risk and embrace failure
• ·        Listen to customers and employees
• ·        Always help others to grow
• ·        Hustle, hustle, hustle….

10.Sam Walton: 

                              

He is the founder of Walmart one of the biggest superstores in the USA. He opened his 1^st retail store in 1945. His father lent him $25000 which was used to buy his 1^st store. By the mid-1970s Walmart was valued at more than $176 million. Today it as more than 11000 stores across the globe and has an operating income of more than $21billions in 2019.

5 lesson we can learn from Sam Walton

• ·        Don’t follow the money, follow your passion
• ·        Capture great ideas
• ·        Stick to fundamental ideas
• ·        Learn everything you can about your business
• ·        Exceed your customers expectation