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Startups That Rose From The Dust To Become Diamonds

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The biographies and stories of successful entrepreneurs all over the world are entertainingly interesting. Inspired by them, we read lengthy articles, watched multiple videos, follow them on social media and try to follow in their footsteps. Here are 10 short, brief and extremely awe inspiring stories of the major tech entrepreneurs to set the fire in your belly ablaze.

1.Google

Two PhD students, 1 research project and a garage.

Today, Google is worth more than $200 billion with 73K+ employees all over the world.

American multinational technology company that specializes in Internet related services and products was started in a garage as a research project. The first Google computer storage was built with Legos and Larry Page and Sergey Brin received their first contribution of $100,000 from Andy Bechtolsheim. At one point of time, Yahoo turned down the offer to buy Google for $ 1 million. Today, Google is worth more than $200 billion. Larry Page and Sergey Brin with a contribution from Andy Bechtolsheim, set up a system that checked backlinks to estimate the importance of a site.

2. Oyo Rooms

College dropout who handled 1 hotel in Gurgaon set up OYO (On Your On) Rooms.

From Oravel to Oyo Rooms, Ritesh Agarwal now runs a $ 25 billion company.

At the age of 17, Ritesh Agarwal was an irritated traveller not satisfied with the accommodation business in India and founded OYO Rooms for budget travellers offering affordable and standardized accommodation. Ritesh Agarwal is considered to be one of the youngest entrepreneurs of India.

3. Alibaba

Thirty Rejections. Never wrote a single line of code. Now worth $ 40.2 billion.

Alibaba founder, Jack Ma, was rejected from 30 jobs, even from KFC before he founded one of the largest e commerce platforms in the world. Jack Ma founded Alibaba in his apartment and without a single outside investment. Now, Jack Ma is the wealthiest persons in China and Alibaba now stands second only after Walmart in terms of revenue generated through sales. Alibaba now gives stiff competition to other platforms like Amazon and Zomato, with a large foothold on the ecommerce front.

4. Uber

Was sued, and had to file for bankruptcy. Now has cabs all over the world

Travis Kalanick wanted to be a spy growing up. He founded three different companies before Uber came into existence. He even had to file for bankruptcy under Chapter 11. Now, Uber is one of the largest cab providers and operates all over the world with professional ease.

5. Swiggy

Started off with a global goal. Failed to succeed. Excelled locally

Swiggy was founded by three aspiring individuals, Sriharsha Majety, Rahul Jaimini and Nandan Reddy, in an attempt to bridge the gap between customers and restaurants. Ordering food has always been a hassle. Swiggy was created as a means to solve this hassle. Today, it stands as one of the strongest competitors to Zomato, an international food ordering platform.

6. Instagram

Two Founders, 2 Users. Now, more than 1 billion users.

Instagram, the photo sharing app was created in the year 2010 and from then, it boasts of having over 400 million registered users and around 600 million daily app visitors. More than 80 % of users are outside of the US and around 18 million are in the United Kingdom alone. In fact, the Instagram logo has become so popular, it has now become synonymous with “pop culture.”

7. Pinterest

3 friends launch a flop app, relaunch Pinterest in 2010. Now, one of the largest online museums. 

The idea for Pinterest started way back when Ben Silbermann was growing up in Iowa. Ben used to keep a collection of dried leaves on a wall and this became the foundation for Pinterest. Eight years after founding Pinterest, a website for virtual collectors, Ben Silbermann and Evan Sharp are the youngest tech innovators to join the Forbes Billionaires list.

8. LinkedIn

A serial entrepreneur. A vision. Now stands at a personal worth of $ 3.2 billion

Fondly known as the founder of LinkedIn, Reid Garrett Hoffman is an active entrepreneur, venture capitalist and author. The reason for its vast popularity is the fact that LinkedIn adopted the multi sided platform, a system which lets people use the service depending on the different categories. Through network intelligence and by understanding individual needs, LinkedIn has managed to become one of the most widely used platforms.

9. Amazon

Tried taking down Ebay. Failed! Now runs one of the largest ecommerce platforms.

Jeff Bezos, the founder of Amazon, realised early on in life there was a serious dearth of the kind of things available over the internet. He started off by making a list and very soon realised that books were the obvious choice to sell first. It instantly became a success and at present, Amazon has the monopoly over the online retail market with a hand in every different thing it sells.

10. Facebook

A college dropout. Started Facebook in a dorm room. Now, over 2 billion people use it daily.

Ever since he was a child, Mark had a huge and extensive need to study computers. Facebook came into play when Mark was in his sophomore year at Harvard and since then, there was absolutely no turning back. At present, Facebook is one of the largest social media platforms. By buying out Instagram and WhatsApp, Facebook is currently used by over 2 billion people all over the world.

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Entrepreneur Stories

Ex Facebook Employee Reveals How He Made $ 1 Million In A Year

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Patrick Shyu, a YouTuber who previously worked as a tech lead at Google and software engineer at Facebook, uploaded a video discussing his income after leaving the giant companies.

Shyu, whose channel TechLead has more than 500,000 subscribers, said in the video while others prance around in their business suits, driving Jaguars and acting self important, he made a million just by sitting in his toolshed, sipping coffee.

Shyu was able to generate such a huge amount from two primary sources—YouTube, which Shyu considers his main job and Facebook, which is his “side hustle gig.”  By making YouTube videos, Shyu made over $ 240,000 from ad revenues over a period of 12 months and another $ 260,000 from affiliate sponsorships. While at Facebook, Shyu made a total of $ 500,000 from base pay, bonus and equity, before getting fired.  After adding both the incomes, the total comes to a million dollars a year, Shyu explained in the video.

Even though making a million may sound easy, Patrick Shyu discussed how difficult it is in reality.  Shyu had to work 80 hours a week continuously. This included working from 8 A.M., to midnight every day, including Sundays.  While Shyu urged people not to follow his footsteps, he did acknowledge how beneficial it is to have a second job to boost one’s income.

Patrick Shyu admitted he was able to make more money as a YouTuber than he did working at Google and Facebook.  However, there is a downside to earning such a large amount as one does not have enough time to enjoy the money they are earning.  In Patrick Shyu’s words, he had to sacrifice gaming, movies and spending time with family in order to earn the million dollars. 

 

Earlier, Patrick came into the limelight when he uploaded a video titled Day in the Life of a Facebook Software Engineer.  In the video, Shyu explained the reason behind him getting fired from Facebook was his YouTube channel.  He further explained the Human Resources at Facebook did not like his YouTube channel, resulting in him being fired.  In the same video, Shyu also ridiculed the work culture at the Company.

 

Even with the disadvantage, Shyu put more emphasis on how important establishing a business is.  He concluded the video with the statement that there is always a fear of being replaced when working under someone.  However, working on your own business gives you the freedom of generating as much revenue as you want on your own conditions.

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20 Inspiring Quotes By Young Entrepreneurs

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There is no specific age to become an entrepreneur.  Many successful entrepreneurs started out young and through their hard work and creativity, were able to build a business empire.  Here is a list of inspiring quotes by people who started really young yet became successful beyond their imagination.

Inspiring quotes by young entrepreneurs

1. Victoria Ransom

2. Larry Page

3. Adam Neumann

4. Ben Weissenstein

5. Biz Stone

6. Joanne Malone

7. Jess Lee

8. Sarah Blakely

9. Michelle Zatlyn

10. Jessica Herrin

11. Drew Houston

12. Tony Hisch

13. Pete Lau

14. Deepinder Goyal

15. Jordan Fleigel

16. Michelle Phan

17. Mark Zuckerberg

18. Michael Dunlop

19. Jacob Cass

20. Jack Nickell

 

We hope these quotes by young entrepreneurs inspired you in some way.  Comment below and let us know which of these quotes is your favourite.

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Lessons To Learn From Joanne Malone

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Joanne Lesley Malone is a British entrepreneur and perfumer who founded the famous luxury brand Jo Malone London.  Malone’s entrepreneurial journey is one of the most inspiring ones. She launched her own company at the age of 20 and worked hard to make it a success.  Respected by many, Joanne Malone’s success story is filled with many valuable lessons. Here are some important lessons one can learn from Joanne Malone.

Lessons to learn from Joanne Malone

1) School education doesn’t determine your success

Despite being a successful businessman and a millionaire, Joanne Malone lacks any kind of educational qualification.  During her childhood, Joanne Malone suffered from severe dyslexia and faced many difficulties in school. Her teachers, instead of helping her, would describe her as lazy or stupid.  This prompted her to leave school without completing her education. Even without any qualification, she went on to create Jo Malone, which became a renowned and successful luxury brand.

2) Never settle for anything less than perfect

Joanne Malone named Madame (Countess) Lubatti, a famous skincare specialist in London, as her mentor and shared one of the greatest life lessons she learnt from Madame Lubatti.  Lubatti told Jo Malone to never settle for anything less than perfect. Malone followed this lesson throughout her life. She revealed to create the perfect fragrance for her brand, she creates 100 prototypes first. 

3) Creativity never fails

Even though she doesn’t have an educational qualification, Joanne Malone became a successful entrepreneur.  According to Joanne Malone, her success is all thanks to her creativity. Malone also defines her creativity as her career’s best friend and believes an investment made on creativity will never fail you.  Malone describes creativity as something which adds color to one’s life.

4) Never be afraid to start over

At the peak of her career, Joanne Malone was diagnosed with breast cancer.  This diagnosis led Malone to sell her Company to Estée Lauder.  She remained the creative director of the Company, but left in 2006, a decision she later regretted.  Malone was not allowed to create any new fragrance line of her own for the next 5 years. This did not stop Malone and she went on to launch a new fragrance brand called Jo Loves. 

 

Joanne Malone is a perfect example of how, through creativity and hard work, one can achieve great success.  She is considered an inspiration by many women who dream of launching their own company one day.

 

Which of these lessons from Joanne Malone’s life did you find inspiring?  Comment below and let us know.

 

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