Wednesday 31 July 2013

Success Tips from Young Entrepreneurs

We are living in times when everyone wants to be a part of the internet-gold rush but sadly very few actually make it big in the web world. Either the ones that identify a unique need succeed or those who come up with a better way to do the same thing.

We bring 15 young web entrepreneurs who managed to decode the web and made their bankers fall in love with them for bringing truckloads of cash. These insanely rich achievers have proved that business isn’t about books, rules and, most importantly, a Masters degree in business.

So, here they are, with snippets of their accomplishments and success tips sprinkled in-between;
  1. Mark Zuckerberg, worth an estimated $6.9 Billion – He is just 29 years old and runs the world’s largest social networking website Facebook. He is the world’s youngest billionaire and hails from White Plains, New York. Zuckerberg started programming at a very young age. Besides the ‘6.9 billion’ factor, he also has a Hollywood movie depicting his journey.
Now you know why he is leading the pack.


Follow him on Twitter: @finkd

  1. Andrew Mason, worth an estimated $600 million – The founder and ex CEO of Groupon, has been daily deals bigwig since 2008. Groupon, the big daddy of daily deals has helped him stock crazy amount of money in a couple of years. The last we heard, he was recording a ‘business’ album.
Success Tip – Prior Experience pays

“First we listen to what people want, and then we go bargain with the supplier. We have control over the entire process, which is a key differentiator” says Machado and Christ, founders of daily deals brand, Xopso. Both have experience in the import/export business and they both come from working at Groupon for a while.
  1. Neil Patel, worth an estimated Over $10,000,000The cofounder of 2 internet companies, KISSmetrics and CrazyEgg, all at 28, Neil Patel is the next big thing and kind of a big deal on the internet. With his online brands, he has helped large corporations such as AOL, General Motors, Hewlett-Packard and Viacom make more money from web. Follow him on Twitter: @neilpatel
  1. David Karp, worth an estimated $125 million – Initiated in 2007, his company Tumblr has been getting approximately 15000 new users per day, and over 2 million daily posts, has now over 92 million blogs, 42 billion blog posts, and 150 employees. Recently, he joined hands with Yahoo to raise his worth even more.
Not bad for a 26 year old!
  1. Gurbakash Chahal, worth an estimated $200 million – An award winning entrepreneur and author, Gurbaksh Chahal was a high school dropout and at the age of 16, he initiated ClickAgents, a performance based ad network that was acquired by Value Click in a $40 million all-stock deal. Another venture, which was again an ad network BlueLithium was acquired by Yahoo in 2002 for $300 million cash.
His career achievements continue to present day. In 2008, he published his book called The Dream. Presently, he is the CEO and founder of gWallet, a virtual currency platform for social media. His Twitter handle – @gchahal

Success Tip: Measure, Measure, Measure

“Always use all the available metrics to see where you are with your project. Don’t be fooled by your imagination nor let those wishful thinking episodes get in your way. Measure your impact. Watch your money, trends, team, partners, and see what’s happening. Keep your eyes open and be ready to cut if things are not looking as you would expect. Better sooner than later.”– Dragos Roua, Mirabilis Media NZ
  1. Evan Sharp, worth estimated $138 millionWhen Sharp was in architecture school, he took part in the discussion that gave birth to Pinterest. As most of us know, Pinterest is a pinboard-style photo sharing website that allows users to create and manage theme-based boards based on events, interests, hobbies, and more. This whopping portal has touched 30 million users globally.
Mr. Sharp is just 29, sounds like an understatement.

His Pinterest page - http://pinterest.com/sharp/

Read the Complete post and remaining 9 Young Entrepreneurs's success story and tips here : 

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