10 Small Businesses That Succeeded
Small Businesses That Succeeded With more than 50% of the workforce working for small businesses, it’s no surprise that mom-and-pop shops are the backbone of America’s economy. Small business owners work hard each day to filter billions of dollars out of the economy.
Starting a small business is a daunting task, and it can be challenging to stay motivated despite long hours and low pay. So keep your inspiration alive with this list of 10 successful small businesses.
When you think of Facebook, minor business disagreements don’t immediately spring to mind. But that’s just what Facebook was in its early days.
Mark Zuckerberg in progress Facebook in his Harvard dorm in 2004. He created the site to satisfy his appetite for hacking and provide a way for college students to share ideas and information. But, of course, we all know where Facebook is, a $350 billion company, and most of us use it every day to attach with friends and family and promote our small businesses.
Google hasn’t always been the best search engine globally, worth an estimated $605 billion. So two guys threw it in a garage. Larry Page and Sergey Brin saw the necessity for a more innovative search engine and got to effort in 1996 (believe it before not, the original product was called BackRub!). Today, this tech giant has a global footprint, multiple products, and an impressive campus in California.
Did you know YouTube started in a booth? It’s true. Chad Hurley and Steven Chen wanted an easier way to share videos online with friends. This idea has grown into one of the largest online companies worth $40 billion and has over a billion videos a day. The lesson? You did not even know when your small business idea would be the product. Everyone can’t live without it. Whatever your passion, you can thrive in the business world.
Let’s talk innovation: Sara Blakley turned ugly, old-fashioned belts into Spanx, a multi-million dollar company. Spanx began as a self-funded project at Blakely’s home in Decatur, Georgia. His business grew primarily through word of mouth, but he also made intelligent marketing decisions, focusing on compelling packaging and copywriting. For example, instead of naming his products girdles, he gave each one a trendy name, like Bra-hallelujah and Tight-End Tights, and marketed them as cute accessories.
The Walt Disney Company, Small Businesses That Succeeded
It’s hard to go even during the daytime without seeing something from the Disney universe, but this entertainment giant had humble beginnings. Walt Disney and his buddy Roy formed The Walt Disney Company in 1923 behind a small apartment in Los Angeles. Today, Disney is a $92 billion company and a brand we can’t imagine life without.
Do your children have a favourite toy? It most likely comes from Mattel, one of the largest toy manufacturers in the world. Now a nearly $6 billion company, Mattel was founded by Ruth, the daughter of Polish immigrants, and her husband, Elliot Handler. The pair didn’t have much business experience or capital, but they saw the baby boomers as a significant market for toy sales.
Apple, Small Businesses That Succeeded
Apple constantly amazes the world with technology so advanced it seems out of this world. But the beginnings were very reasonable: Steve Jobs and Steve Wozniak founded their tech giant in a garage. Starting with a simple computer, the two perfected their products and eventually developed the devices that several of us use – and love – every day.
Can you imagine life without the two-day Amazon Prime shipping? Thanks to the hard effort of Jeff Bezos, we don’t have to. Bezos started the online retailer by delivering books from his garage. Then, as the dot-com world continued to grow and innovate, so did Bezos. Now Amazon is a $292 billion company.
Tom Shoes ,Small Businesses That Succeeded
In 2006, Blake Mycoskie went on vacation to Argentina, where he met a woman volunteering for a shoe drive. When she realized her inventory was insufficient to meet the needs of shoeless children, she decided to start a TOMS. the company does