My lesson from Richard Branson ~ Income = Incoming I was on Richard’s private island, Necker Island, last week, and was lucky enough to have a week with the Billionaire. Here’s one conversation we had that stuck with me… We were talking about problems with money. Richard is a self-professed dyslexic, and it turns out his mix up extends to numbers. He said “Today I was speaking to some of my finance team. They were talking about some idea which would mean $25,000 from some 1,000,000 people. So I got out my note book and began multiplying the two together. …
3 STEPS TO $30 MILLION
Posted by kamakshi on April 3, 2013
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This week Yahoo bought 17 year old Nick D’Aloisio’s iPhone app, Summly, for $30 million. When Yahoo was founded in 1994, Nick wasn’t even born yet. What’s he doing with $30 million? As Nick says, “I can’t even buy a car because I don’t hav…e a licence yet.” So he’s going to buy a new bag. Why? “Mine is broken; it’s old and the strap’s not working.” 3 STEPS TO $30 MILLION Nick’s app has delivered over 90 million news summaries in the four short months since he launched it on his 17th birthday in November. But Nick isn’t even …
Bend dont break- Ping Fu
Posted by admin on February 23, 2013
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If you’re having a hard day, read Woman Entrepreneur Ping Fu’s story. She has had an intense journey from Chinese Exile to Inc Entrepreneur of the Year. In the last month, she sold her 3D Printing Company, Geomagic, and has now been thrown into new headwinds. “Notice that the stiffest tree is most easily cracked, while the bamboo or willow survives by bending with the wind.” – Bruce Lee BEND DON…’T BREAK China’s Cultural Revolution began when Ping Fu was 8. Her parents were sent for ‘re-education’ and she was left to look after her 4 year old sister. As …
Happy Chinese New Year
Posted by kamakshi on February 7, 2013
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2013 is the Chinese year of the Water Snake. Ready for a big year? Here’s 3 things about snake years you may not have known that will add to your year… 1. Snake years are wisdom years. All cultures around the world have seen the snake as the one animal that brings heaven, hell and earth together as it lives in all three worlds (under ground, on the ground, up in the trees). It creates the symbol ‘S’, representing Sinful to Sensual to Spiritual. In Chinese mythology, the snake is the legless dragon, bringing the heavens down to earth. In …
How to fail your way to your first $1 Billion
Posted by kamakshi on January 31, 2013
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How Sara Blakely lost her way to a billion dollars: 8 years ago Sara lost in the finale of Richard Branson’s reality TV show “Rebel Billionaire”. The loss was one of many that turned Sara into the world’s youngest self-made female billionaire… Sara’s entire life has been about failure. She says “My dad encouraged us to fail. Growing up, he would ask us what we failed at that week. If we didn’t …have something, he would be disappointed. It changed my mindset at an early age that failure is not the outcome, failure is not trying. Don’t be afraid to …
“Believe in yourself. Believe in your dreams. If you don’t, who will?- Jon Bon Jovi
Posted by kamakshi on January 24, 2013
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I am in New York City & New Jersey today, so what better place to visit than Jon Bon Jovi’s Soul Kitchen? Are you an entrepreneur looking to make a difference in the world? Here’s a rockstar formula that works… A year ago, Jon Bon Jovi opened the Soul Kitchen as a community restaurant, with no prices on the menu. Diners in need who come to the Soul Kitchen are empowered – they earn a seat at the table for themselves and their families through volunteer hours at the Kitchen or other local organizations. They are served by the wait-staff …
“I’m just a chubby little newcomer”- PSY
Posted by kamakshi on January 17, 2013
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6 Trips to Get to Gangnam I was in Korea this week, and looked up Gangnam on the map (Gangnam is an upmarket district of Seoul). I also looked up Gangnam Style’s PSY. How many trips did it take to get to 1 billion views on Youtube? Wow. It took 6 eventful trips, and here they are – TRIP 1 – Park Jae-sang was groomed to take over his father’s business, and sent to Boston to get his MBA in 1996. …Instead, he blew all his tuition funds on musical instruments after being inspired by Queen’s performance of ‘Bohemian …
How To Build The Greatest Thing Since Sliced Bread, And Still Go Bankrupt
Posted by kamakshi on January 14, 2013
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Remember the phrase ‘The greatest thing since sliced bread?’ The company that actually pioneered sliced bread, and made that phrase popular, just went bust. This while still selling 500 million of their iconic Twinkies (named after dancing ‘Twinkle Toes’) every year. What happened? When did sliced bread stop being the greatest thing? When did the toes stop twinkling? HOW TWINKLE TOES TURNED TO LEAD BOOTS… Hostess, which is making news in the US as one of the most public bankruptcies this year, is another victim of ‘economies of scale’ losing to ‘economies of speed’. Which way is your business heading …
Tory Burch- Looking like a billion dollars
Posted by kamakshi on January 9, 2013
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Woman Power: This is Tory Burch. She became a billionaire this month. In a world where self-made billionaires are rare and self-made female billionaires are ever rarer, what did she do and how did she do it? The Tory Story… Tory was brought up with her three brothers and says,‘I see myself as a tomboy who grew up on a Pennsylvania farm.’ How did she go from Tomboy to Fashion Queen? Tory’s fath…er, who had a paper cup factory, made his own clothes, and this inspired Tory to go into fashion. Step 1 – GET CONNECTED “I had never been …
“You Stick It Out, You Just Got To”-Steve Case
Posted by kamakshi on January 4, 2013
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Here’s a bounce-back story that’s hard to beat. Steve Case – the ‘Mark Zuckerberg of the 1990s’ – saw over $200 billion in value evaporate when he merged AOL with Time Warner. Today, he made back $100 million with the $500 million sale of Zipcar to Avis. From 2000 to 2005, Steve dropped from the height of the Web 1.0 bubble from running AOL Time Warner with a market value of $280 billion to seein…g the company fall in value to just $84 billion in 2004. He lost over $200 billion in company value in 5 years – more than …