What does it take to succeed in business? Here is a modest list of 10 successful innovative business ideas.
Their business has become the most profitable. Thanks to their rich imagination, which helped turn "piles of garbage" into goods and entire business lines that did not exist before, these people became millionaires. A huge role in the formation of the success of these people was played by amazing hard work and self-belief, thanks to which no criticism could turn them off the chosen path to success. In today's high-tech world, we need less garbage for a valuable invention, and more – a good idea. This is clearly demonstrated by the list of 10 inventions that made the business of their authors profitable and earned billions. Five out of ten inventions were made in America. Others came from all over the world, from Thailand to
1. Michelle Ferrero and the family. Europe. Net worth: $24.5 billion (As of 2020)
The profitability of the family's business is built on the fact that they have made chocolate a part of breakfast, selling chocolate butter for sandwiches and toast.
The Ferrero family, headed by Michel, is one of the largest chocolate producers in Europe. Among their brands are Ferrero Rocher, Nutella, Tic Tac and Kinder Eggs. Now the family is expanding its activities towards Asia, especially China. Michel Ferrero lives in Monte Carlo, his sons live in Belgium.
2. Brad Hughes. Net worth: $ 2.6 billion (As of 2020)
This profitable business is built on the idea of installing automatic luggage storage along the highways for everyone.
Brad's company Public Storage is the largest in America in terms of the volume of storage services provided. It has 2 thousand branches. Brad was working as a top manager in a syndicate of Property Research, engaged in real estate operations when he decided to start his own business with storage cameras. Hughes is one of the largest philanthropists in America, he is fighting childhood leukemia. The billionaire has transferred over $200 million to the Parker Hughes Cancer Treatment Center in St. Paul. The center was named after his eldest son. Here we listed the link button to the latest CVV shop and dumps.
3. Ralph Lauren. Net worth: $ 5.7 billion (As of 2020)
The idea to take an ordinary polo shirt, stick a label with a horse on it and evaluate it at 50 bucks made R. Loren's business successful.
Born in the Bronx, the son of Russian immigrants, Ralph Lauren began his working career in a store, worked as a clerk at Brooks Brothers. He left business school in 1967 to start designing ties for Beau Brummel. In the same year, he borrowed $50 thousand to launch his legendary Polo. In 1994, he sold a 28% stake in his company to Goldman Sachs for $138 million. Loren owns a ranch in Colorado and an estate in Jamaica.
4. Jeff Bizos. Net worth: $113 billion (As of 2020)
The business is built on the idea of selling books via the Internet, saving customers the time they spend on trips to bookstores.
Founder Amazon.com, the world's largest virtual store, Bizos grew up in Texas and Florida. He became a computer wizard at Princetown and worked on Wall Street right after graduating from university. But at the age of 30, Jeff abruptly changed his life, deciding to start selling books via the Internet. His first office was located in a garage in Seattle. In 1997, Jeff became a billionaire. Mr. Bizos's lifelong passion is space flight.
5. Ty Warner. Net worth: $ 2.6 billion (As of 2020)
The release of cute teddy bears with various touching names on sale allowed Warner to achieve dizzying success in business. Bears are produced in very limited batches and immediately become a collectible.
Warner is the press-shy owner of a brand that produces Binnie bears. The son of a salesman, he dropped out of college to start selling plush toys. Binnie bears were born in 1986 and immediately took the lead in their segment for many years. Warner invested the profits he made in real estate and even built the most expensive Four Seasons hotel in New York. Do you want to spend the night there? Prepare 30 thousand dollars!
6. Kaleo Juvidiha, Dietrich Mateschitz. Thailand, Austria. Net worth: $ 5 billion, $ 26.9 billion, respectively
Here we are dealing with the most profitable business in the field of the soft drinks trade. Business idea: to sell an energy drink on a sugar-caffeine basis, rich in vitamin B, for athletes and lovers of night parties.
Juvidiha and Mateschitz created Red Bull-an an energy drink for young people who are fond of sports and an active lifestyle. Annual sales of this drink have already reached $3.4 billion. The co-owners of the brand (each owns 49%) have purchased a Formula 1 racing team and two football teams: Red Bull Salzburg and New York Red Bulls. Juvidiha also owns a network of Thai private clinics and TC Pharmaceuticals (worth $ 170 million), which produces energy drinks in Thailand. Mateschitz develops his own business projects related to aviation.
7. Mario Moretti Polygatto. Italy. Net worth: $ 1.3 billion (As of 2020)
This condition was made in the production of shoes with small holes in the sole (protected from moisture by a special membrane), which relieve people from the smell of sweat in their feet. This seemingly obvious idea brought huge profits to the shoe business.
Mario is the founder of Geox shoes. The idea of" breathing " shoes appeared to the founder of the company in 1994 during a trip in the mountains of Nevada. It was unbearably hot, and to give his feet the opportunity to "breathe", Polegatto punched holes in the soles of his sneakers. He tried to sell the idea to Nike, but the concern was not interested in the project. Now Mario's own company sells 16 million pairs of shoes a year. Even the Pope is among his clients. Polygatto is enjoying success: he has bought two Lamborghini, a Ferrari 360 Modena Spider, five Arabian horses, and six antique Moto Guzzi motorcycles. In his spare time, Mario makes ... glasses.
8. James Dyson. Great Britain. Net worth: $ 5.9 billion (As of 2020)
The success of this business is built on ... a vacuum cleaner! It was the idea to create a vacuum cleaner that sucks dust at an incredible speed - from 320 km/h to supersonic sound that brought success to the business. Supersonic sound tightly packs dust and prevents its release outside.
As a child, he studied English and played the bassoon, then entered an art school to study design and engineering. He prepared 5127 prototypes of his current vacuum cleaner, which he presented in England in 1993. This year, the Dyson DC12 vacuum cleaner became the most popular in Japan, ahead of local brands Sharp and Sanyo.
9. Hans and Paul Reigeli, Germany. Net worth: $ 1.5 billion (each)
Fortunes were made through the sale of sweet chewable candies of various shapes.
After the Second World War, the brothers Hans and Paul rebuilt their family's confectionery factory. Now the annual turnover of their brainchild is $ 2 billion. Most of the varieties of sweets were invented by Hans – he has more than 200 of them. Ideas for new forms usually come to him after reading comics or watching children's films.
10. Howard Schultz. Net worth: $ 3 billion (As of 2020)
This is the most profitable business selling coffee. The idea: to put a coffee shop on every corner in America.
The owner of the Starbucks coffee chain, the coffee king, Schultz grew up in Brooklyn, studied and played football at the University of Northern Michigan. He moved to New York and began selling mugs and pots from a Swedish cookware manufacturer. While traveling in Italy, Schultz was captivated by the idea of opening espresso bars. His bosses said no, and he ventured into starting his own business in 1985. In 1992, Schultz began public trading of his company's shares. Today, Starbucks has 12 thousand coffee shops that serve 40 million Americans every week.