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Richest Self Made Women Entrepreneurs

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Richest Self Made Women Entrepreneurs,Startup Stories,Self Made Women Entrepreneurs,Richest Women Entrepreneurs,Richest Self Made Women,Women Entrepreneurs 2019,Zhou Qunfei,Denise Coates,Diane Hendricks,Giuliana Benetton,Doris Fisher,Top 5 Richest Self Made Women Entrepreneurs


According to Forbes’ The World’s Billionaires list, there are almost 2,153 billionaires present all over the world, with a net worth of $ 8.7 trillion.  Out of these 2,153 billionaires, only 244 are women and among them, only a few started their business ventures on their own, instead of inheriting it from someone else.  Let’s look at some of the richest self made women entrepreneurs, who tasted success with their own hard work.

Richest self made women entrepreneurs

1) Zhou Qunfei

Zhou Qunfei is the founder and CEO of China based smartphone screen maker company Lens Technology.  She was declared the world’s richest self made woman by Forbes in 2018. Zhou Qunfei belonged to a very poor family in Hunan province of China and worked her way up the ladder of success.  She started her career making watch parts for 180 yuan a month and eventually started her own company at the age of 22 with the help of her family. Now the richest woman in China with a net worth of $ 3.8 billion, Zhou once stated she started 11 companies over the years to become successful.

2) Denise Coates

Denise Coates is a British businesswoman and the founder of Bet365, an online gambling company.  Before starting her Company, Coates worked in the cashier’s department of her family’s bookmaking firm and turned around the fortune of the small shop.  She purchased a domain named Bet365.com in 2000 and spent a year creating the online betting site. With a net worth of $ 8.7 billion in 2019, she is Britain’s highest paid woman CEO in the world and one of the leading businesswomen in Britain.

3) Diane Hendricks

Diane Hendricks was born in Wisconsin and established ABC Supply with her second husband and business partner Ken Hendricks.  Before starting the Company, which sells roofing, windows and siding for buildings, Diane Hendricks was selling custom-built homes while her husband was a roofing contractor.  She has been running the Company since her husband passed away in 2007. Now, with a net worth of $ 7.4 billion, she is the chairperson of ABC Supply and is America’s richest self made woman, according to Forbes.

4) Giuliana Benetton

Giuliana Benetton is an Italian businesswoman and the cofounder of Benetton Group, a global fashion brand.  She started her business along with her three brothers, after the death of their father, by knitting sweaters on her own.  Now, with a net worth of $ 3 billion, she is no. 877 on Forbes’ The World’s Billionaires list.

5) Doris Fisher

Doris Fisher is the co founder of American clothing brand Gap, which she founded with her late husband, Donald Fisher, in 1969.  Doris and her husband were inspired by the success of a company, The Tower of Shoes and raised $ 63,000 to start their own retailing store.  Doris Fisher has a net worth of $ 2.5 billion and is ranked no. 8 on Forbes’ America’s Richest Self Made Women 2019 list.

 

These businesswomen were not born with any privileges yet managed to start their own business from nothing.  Now, they are counted among the richest of the world and in the process, have inspired many. 

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Starbucks In Japan Introduces Pen To Pay For Coffee

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Japan is famous for being technologically advanced and is known for its brilliant innovations.  Starbucks in Japan is also following the trend and has been introducing various technologically driven products.  These products are quite useful and help make the customers’ shopping experience better. Starbucks’ stores in Japan have a whole range of products which can be used by the customers to pay from a digital wallet.  The range of products comes under the “Starbucks Touch” category and includes items like a flask, phone case and a wallet called The Hug. 

Now, Starbucks added another product, a pen, to their Starbucks Touch collection.  Starbucks collaborated with Japanese stationery company Zebra to release the pen. Called Starbucks Touch The Pen, the pen is designed as a drip coffee machine and includes coffee brown gel ink, which is a constant reminder of a perfect cup of coffee. 

The pen, just like other products in the collection, comes with a near field communication (NFC) reader embedded in it.  NFC is a kind of technology which allows the transfer of information between two devices, when placed next to each other.  The pen works using the FeliCa technology, which is a smart card system introduced by Sony and is widely used in Japan. The FeliCa technology is also used in the Starbucks domestic card system. 

The pen is available in black, white and silver and can only be purchased from the Starbucks online store.  The pen is priced at 4,000 yen ($ 37.46) and includes a preloaded amount of 1,000 yen ($ 9.37,) which is stored in a digital wallet.

Although the Touch Pen is not that different from the existing online payment options, the device can be considered a part of new technologies which can contribute to saving customers’ time. 

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Gucci Unknown Facts

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Inspiring Facts about Gucci, Interesting Facts 2019, Most Interesting Facts, Gucci Amazing Facts, Gucci Facts, Gucci Facts 2019, Gucci History and Facts, Gucci Lesser Known Facts, Gucci Success Story, Gucci Unknown Facts, startup stories, Surprising Facts About Gucci

Gucci, the famous Italian luxury brand known for its innovative designs, is adored by many.  Gucci is considered one of the most valuable brands in the world, with a brand value of $ 18.6 billion.  Here are some unknown facts about this reputed Italian brand.

Unknown facts about Gucci

1) Gucci was founded by an Italian fashion designer named Guccio Gucci.  Guccio Gucci was in his 40s when he started his business. He was inspired by celebrities like Marilyn Monroe, Frank Sinatra and Winston Churchill, whom he met while working as an elevator operator at London’s Savoy Hotel.  Guccio wanted to create a brand which would be adored by every celebrity in the world.

2) It is well known celebrities around the world are huge fans of the brand.  However, American rapper 2 Chainz took his Gucci obsession to the next level when he said, “When I die, bury me in a Gucci store.”

3) Gucci is famous for its floral scarves.  These scarves were designed by Guccio Gucci’s son Rodolfo Gucci for famous Hollywood actress and Princess of Monaco, Grace Kelly.

4) The Company suffered from bankruptcy after news of Aldo Gucci’s tax evasion was made public by his son Paolo Gucci.  To control the damage caused by the scandal and to boost its sales, the Company hired famous American designer Tom Ford as its creative director.  Tom Ford modernized the brand and increased its sales by 90 %.

5) In 1998, a jeans created by the brand found a place in the Guinness World Records as the most expensive jeans in the world.  Named “Genius Jeans,” it was sold for $ 3,134 in Milan.  However, the record was then broken by Levi’s, which sold a pair of jeans for $ 60,000 in 2005.

6) During World War II, when Italy was under the rule of dictator Benito Mussolini, the brand found it difficult to acquire leather.  This forced Gucci to experiment with other materials like silk and bamboo. 

7) In 2017, Gucci became the first brand in history to host a fashion show at the famous Westminster Abbey in London.

Which of these unknown facts about Gucci surprised you the most?  Comment below and let us know.

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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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