Monday, February 1, 2010

JK Rowling: The fringe benefits of failure | Video on TED.com


Wise words from a wise woman. She has a major rags to riches story! She is an inspiration. Enjoy!

Click here for Video!


Saturday, January 2, 2010

Jill Blashack Strahan - Tastefully Simple



Blashack Strahan started her gourmet food company with $6,000 in savings, a backyard shed for storage, and a pool table as a packing station.
In her own words: “I remember sitting outside one day, thinking we were three months behind on our house payment, I had two employees I couldn’t pay, and I ought to get a real job. But then I thought, No, this is your dream.  Recommit and get to work."
She had the idea to sell at taste-testing parties, and sales began slowly picking up. In 12 years, Tastefully Simple has grown into a $120 million dollar business.
(Source: http://www.businesspundit.com/Merrin Muxlow

Seth Goldman


Seth Goldman
Honest Tea
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Goldman started out brewing the tea in his kitchen and storing it in thermoses. After only five weeks spent perfecting the brewing process, he brought samples of and a mock-up label to a meeting with the company that is now Whole Foods Market, hoping that they would place a small order. They asked for 15,000 bottles. Honest Tea is now the top-selling bottled organic tea in the U.S.

(Source: http://www.businesspundit.com/) Merrin Muxlow

David Hauser and Siamak Taghaddos


David Hauser and Siamak Taghaddos
Got VMail/Grasshopper
gotvmail
Hauser and Taghaddos came up with a great idea for an inexpensive VoIP phone system for small businesses. They got their startup money the hard way, by asking friends and family to help fund their business.
The idea for GotVMail was to give smaller companies a way to sound as professional as larger, established firms, allowing small business to set up voice-mail boxes that can route calls to cell phones and get messages via e-mailed MP3 files. GotVMail, now Grasshopper, generates about $5 million in revenue per year.
Source: (http://www.businesspundit.com)

Pamela Skaist-Levy and Gela Nash-Taylor


Pamela Skaist-Levy and Gela Nash-Taylor
pamela-skaist-levy-and-gela
Skiast-Levy and Nash-Taylor didn’t want to start a business in debt. Instead, they started their clothing empire with $200 of their own money, and applied for a revolving line of credit.  Neither took a salary for two years while they designed and produced the now-ubiquitous terry and velour tracksuits that would make them famous. Juicy Couture Clothing is now sold at Saks Fifth Avenue, Neiman-Marcus, and Bloomingdales.
(Source: http://www.businesspundit.com/) Merrin Muxlow

Jake Neuberg and Ramit Varma


Jake Neuberg and Ramit Varma
Revolution Prep
founders_in_ft_green
Neuberg and Varma, who both had experience as tutors, met in business school and launched their test prep company in 2002, financing themselves with personal credit cards. After nearly going broke the first year, the company started becoming profitable. By 2004, Revolution Prep had more than $1 million in revenues, and by 2007, their first-quarter sales topped $3 million.

(Source: http://www.businesspundit.com/) Merrin Muxlow

Mena and Ben Trott


Mena and Ben Trott
Six Apart
menabentrott
Husband-and-wife team Mena and Ben Trott developed Movable Type as a tool for Mena’s personal blog posts. When they offered it online, there were over 200 downloads within the first hour. From their apartment, the Trotts (who were also high school sweethearts) launched software company SixApart, now a multi-national provider of blogging tools with more than 10 million estimated users.

(Source: http://www.businesspundit.com/) Merrin Muxlow