The location of your startup is critical to its success.In my book, Startup Cities, I found that each city has a different attitude towards startups. Those cultural differences between regions can make a huge difference in whether your startup can raise capital and hire the talent you need to turn your idea into a fast-growing … Read more
Being a millionaire is no longer a ticket to mansions, yachts, and caviar, but the goal is more attainable than ever. According to 2020 data from Phoenix Marketing International, a firm that tracks the affluent market, 6.71% of U.S. households (or 8,386,508 out of 125,018,808 total U.S. households) have investable assets of $1 million or … Read more
“Let me tell you about the very rich. They are different from you and me.” — “The Rich Boy,” by F. Scott Fitzgerald It’s true: Wealthy people manage their money differently from the rest of us. I’m talking about the truly wealthy, the well-off, or the 1%. Compared to peasants like you and me, they … Read more
Drew Houston is an American Internet entrepreneur who co-founded Dropbox and owns a quarter of the company’s stock. He owns the most individual Dropbox shares. He serves as the Chief Executive Officer (CEO) of Dropbox, an online backup and storage service. Before filing for an IPO in February 2018, he held 24.4% of the voting … Read more
The social media market continues to grow at an exponential rate, and every other day, mind-boggling new developments are announced. In the first 10 years of the 21st century, Facebook, Twitter, Hike, and Snap Inc. all came into being. While everyone was busy with Facebook and Twitter, Instagram—a photo and video sharing application—was establishing a … Read more
We grow up listening to stories of the great men who made a difference and dream of becoming like them someday. That dream begins to fade when we are faced with the actual hardships of life. The bottom line is that there is no easy road to success. Even the heroes we grew up reading … Read more
What you know about money management often comes from your experience, advice from your friends, parents, and wife, or a random search on the Internet. These sources of information are sometimes unreliable and can lead to bad money management skills. In this article, we’ll give you seven tips on how to handle your money and … Read more
Melanie Perkins is Australia’s startup poster child—the person many cite as the inspiration and role model for a fledgling business that’s cracked the big time. She is the CEO of the design startup Canva, which simplifies graphic design. She is often used as an example of an Australian company that has managed to break into … Read more
One woman has become a great entrepreneur in today’s market, which is very competitive. She has shown that she can compete with tech giants like Microsoft and Adobe and stay in business. The Australian entrepreneur has built a design platform that is a big rival to the tech giants. So, let’s look at the success … Read more
The more you save, the sooner you will be able to retire. But how much money do you need to accumulate before you can retire? Lauren Lyons Cole, a Business Insider reporter, breaks it down in the graph below. To retire at 40, first calculate your annual spending and divide it by 4%. (0.04). This … Read more