Showing posts with label Entrepreneur. Show all posts
Showing posts with label Entrepreneur. Show all posts

Sunday, October 23, 2011

Mark Zuckerberg

Mark Zuckerberg

The US Trends | Mark Zuckerberg | Mark Elliot Zuckerberg, well known Mark Zuckerberg, was born May 14, 1984 in Dobbs Ferry, New York, into a pleasant, well-educated family. His father, Edward Zuckerberg, ran a dental practice related to the family home. His mother, Karen, worked as a psychiatrist before the birth of four children, Mark, Randi, Donna and Arielle.

Mark Zuckerberg developed an interest in computers at an early age when he was about 12 years. Zuckerberg was using Basic Atari to create a mail program he called "Zucknet." His father, Edward  Zuckerberg used the program in his dental office, so the receptionist could inform him of a new patient, without shouting across the room. The family also used Zucknet to communicate within the home. With his friends, Mark also created computer games just for fun. "I had a bunch of friends who were artists," he said. "They came over, draw things, and I want to build a game out of it."

Mark Zuckerberg

To keep up with Mark's burgeoning interest in computers, his parents hired private computer tutor David Newman to come to the house once a week and work with Mark. Newman later told reporters that it was hard to stay ahead of the prodigy, who began taking graduate courses at nearby Mercy College around this same time.

Mark Zuckerberg later studied at Phillips Exeter Academy, an exclusive preparatory school in New Hampshire. There he showed talent in fencing, becoming the captain of the school's team. He also excelled in literature, earning a diploma in classics. Yet Zuckerberg remained fascinated by computers, and continued to work on developing new programs. While still in high school, he created an early version of the music software Pandora, which he called Synapse. Several companies—including AOL and Microsoft—expressed an interest in buying the software, and hiring the teenager before graduation. He declined the offers.

Mark Zuckerberg

In 2005, Zuckerberg's enterprise received a huge boost from the venture capital firm Accel Partners. Accel invested $12.7 million into the network, which at the time was open only to ivy league students. Zuckerberg's company then granted access to other colleges, high school and international schools, pushing the site's membership to more than 5.5 million users by December 2005. The site then began attracting the interest of other companies, who wanted to advertize with the popular social hub. Not wanting to sell out,  Mark Zuckerberg turned down offers from companies such as Yahoo! and MTV Networks. Instead, he focused on expanding the site, opening up his project to outside developers and adding more features.

Mark Zuckerberg seemed to be going nowhere but up, however in 2006, the business mogul faced his first big hurdle. The creators of Harvard Connection claimed that Zuckerberg stole their idea, and insisted the software developer needed to pay for their business losses. Zuckerberg maintained that the ideas were based on two very different types of social networks but, after lawyers searched Zuckerberg's records, incriminating Instant Messages revealed that Zuckerberg may have intentionally stolen the intellectual property of Harvard Connection and offered Facebook users' private information to his friends.

Mark Zuckerberg later apologized for the incriminating messages, saying he regretted them. "If you're going to go on to build a service that is influential and that a lot of people rely on, then you need to be mature, right?" he said in an interview with The New Yorker. "I think I've grown and learned a lot."

Mark Zuckerberg

Although an initial settlement of $65 million was reached between the two parties, the legal dispute over the matter continued well into 2011, after Narendra and the Winklevosses claimed they were misled in regards to the value of their stock.

Mark Zuckerberg faced yet another personal challenge when the 2009 book The Accidental Billionaires, by writer Ben Mezrich, hit stores. Mezrich was heavily criticized for his re-telling of Zuckerberg's story, which used invented scenes, re-imagined dialogue and fictional characters. Regardless of how true-to-life the story was, Mezrich managed to sell the rights of the tale to screenwriter Aaron Sorkin, and the critically acclaimed film The Social Network received eight Academy Award nominations.

Mark Zuckerberg was ardently opposed to cinematic storytelling, and later told reporters in The New Yorker, many of the details of the film were inaccurate. For example, Zuckerberg has been dating for a long time girlfriend, Priscilla Chan, a Chinese-American medical student, met at Harvard since 2003. He also said he was never interested in joining a final clubs. "And It was interesting what stuff that they focused on getting right - like every single shirt and fleece that I had was that the film is actually a shirt or sweatshirt that I own," Zuckerberg told a reporter for the start-up conference in 2010. "So all the stuff that was wrong and a series of random details that they were right."

Mark Zuckerberg

But Mark Zuckerberg and Facebook continued to be successful, despite criticism. Time magazine named him Person of the Year in 2010, Vanity Fair has placed Zuckerberg in the top of its list of the New Establishment. Forbes also ranked Mark Zuckerberg at number 35, beating out Apple CEO Steve Jobs in Forbes 400 list, estimating his net worth of $ 6.9 billion.

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Saturday, October 22, 2011

Warren Buffett

warren buffett

The US Trends | Warren Buffett | Warren Edward Buffett, better known Warren Buffett(born August 30, 1930) is an American business magnate, investor and philanthropist. It is widely recognized as one of the most successful investors in the world. Often described as "legendary investor Warren Buffett," It is the principal shareholder, president and CEO of Berkshire Hathaway. It is regularly ranked among the richest people in the world. It was ranked as the richest in 2008 and is the richest person in third place in 2011.

Warren Buffett is known as the "Wizard of Omaha", "Oracle of Omaha" or the "Sage of Omaha" and is characterized by its adherence to value investing philosophy and for his personal frugality despite his immense fortune. Buffett is also notable philanthropist, who pledged to donate 99 percent of his fortune to philanthropic causes, primarily through the Gates Foundation. He is a board member at Grinnell College.

Businessman and Investor

Warren Buffett was born on August 30,1930, in Omaha, Nebraska. Investing by age 11, Buffett was running a small business at 13. Buffett later started the firm Buffett Partnership in Omaha, with huge success. In 2006, Buffett announced that he would give his entire fortune away to charity (est. $62 bil.), the largest act of charitable giving in United States history.

Born Warren Edward Buffett on August 30,1930, in Omaha, Nebraska. Buffett's father Howard worked as stockbroker and served as U.S. Congressman. His mother, Leila Stahl Buffett, was a homemaker. Warren Buffett was the second of three children and the only boy.

Buffett demonstrated a knack for financial and business matters early on in his childhood. Friends and acquaintances have said the young boy was a mathematical prodigy, and was able to add large columns of numbers in his head-a talent he still occasionally shows off to friends and business associates.

Warren Buffett often visited his father's brokerage business events as a child, and reached a share prices board in the office. At age 11 he made his first investment, he purchased three shares of Cities Service Preferred at $ 38 per share. Stock quickly dropped to only $ 27, but Buffett held on tenaciously until it reaches $ 40. He sold the shares at a small profit, but regretted the decision of the City Service almost $ 200 per share. Later, he cited this experience as a lesson to be patience to do investing.

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Bill Gates

Bill Gates

The US Trends | Bill Gates | William Henry "Bill" Gates III (born October 28, 1955) is an American business magnate, investor, philanthropist, author and former CEO and chairman of Microsoft, the software company he founded with Paul Allen. He has consistently ranked among the world's richest people, and was the richest of all 1995-2009, except 2008, when he finished third. During his career at Microsoft, Gates held positions of CEO and chief software architect, and remains the largest single shareholder with more than 8 percent of ordinary shares. He has also written or co-author of several books.

Bill Gates is one of the best-known entrepreneurs of the personal computer revolution. Although he is admired by many, a number of industry insiders criticize his business tactics, which they consider anti-competitive, an opinion that, in some cases been upheld by the courts. In the latter stages of his career, Gates has pursued a number of philanthropic projects, donating large sums of money to various charitable organizations and scientific research programs through the Bill & Melinda Gates Foundation, established in 2000 .

Bill Gates stepped down as Microsoft CEO in January 2000. He remained as president and the newly created position of Chief Software Architect. In June 2006, the doors it would be the transition from full-time work at Microsoft part-time and full-time work at the Bill & Melinda Gates Foundation. He gradually transferred his duties to Ray Ozzie, chief software architect and Craig Mundie, chief research and strategy director. Bill Gates last full day of Microsoft was 27 Jun 2008th will be at Microsoft as non-executive chairman.

Entrepreneur: Bill Gates, born on October 28, 1955, in Seattle, Washington, began to show an interest in computer programming at the age of 13. Through technological innovation, keen business strategy, and aggressive competitive tactics, he and his partner Paul Allen built the world's largest software business, Microsoft. In the process, Bill Gates became one of the richest men in the world.

Born William Henry Gates III, on October 28, 1955, in Seattle, Washington. Bill Gates began to show an interest in computer programming at the age of 13 at the Lakeside School. He pursued his passion through college. Striking out on his own with his friend and business partner Paul Allen, Gates found himself at the right place at the right time. Through technological innovation, keen business strategy, and aggressive competitive tactics he built the world's largest software business, Microsoft. In the process he became one of the richest men in the world.

Bill Gates grew up in an upper middle-class family with two sisters: Kristianne, who is older, and Libby, who is younger. Their father, William H. Gates, Sr., was a promising, if somewhat shy, law student when he met his future wife, Mary Maxwell. She was an athletic, outgoing student at the University of Washington, actively involved in student affairs and leadership. The Gates family atmosphere was warm and close, and all three children were encouraged to be competitive and strive for excellence. Bill showed early signs of competitiveness when he coordinated family athletic games at their summer house on Puget Sound. He also relished in playing board games (Risk was his favorite) and excelled in Monopoly.

Bill had a very close relationship with his mother, Mary, who after a brief career as a teacher devoted her time to helping raise the children and working on civic affairs and with charities. She also served on several corporate boards, among them First Interstate Bank in Seattle (founded by her grandfather), the United Way, and International Business Machines (IBM). She would often take Bill along on her volunteer work in schools and community organizations.

Bill was a voracious reader as a child, spending many hours pouring over reference books such as the encyclopedia. Around the age of 11 or 12, Bill's parents began to have concerns about his behavior. He was doing well in school, but he seemed bored and withdrawn at times. His parents worried he might become a loner. Though they were strong believers in public education, when Bill turned 13 they enrolled him in Seattle's Lakeside School, an exclusive preparatory school. He blossomed in nearly all his subjects, excelling in math and science, but also doing very well in drama and English.

While at Lakeside School, a Seattle computer company offered to provide computer time for the students. The Mother's Club used proceeds from the school's rummage sale to purchase a teletype terminal for students to use. Bill Gates became entranced with what a computer could do and spent much of his free time working on the terminal. He wrote a tic-tac-toe program in BASIC computer language that allowed users to play against the computer.

It 'was the Lakeside School, where Bill met Paul Allen, who was two years old. Two became fast friends, bonding in common is their enthusiasm for computers, although they were very different. Allen was reserved and shy. Bill was a feisty and combative at times. Both spent much of his free time programs are working together. Sometimes I do not agree, and would be contrary to who was right or who is to run the computer lab. At some point, their argument escalated to the point where prohibited by Allen Gates computer lab. In the second case, Gates and Allen had rights to use the school computers for a waiver of defect free software on the computer from the company that if your computer. After the test, came back to the computer lab, where they are offered to debug the program. During this time, Gates has developed a payroll, the boys broke into a computer company, and program design for the school.

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Donald Trump

Donald Trump

The US Trends | Donald Trump | Donald John Trump, Sr. (born June 14, 1946) is an American business magnate, television personality and author. He is the owner and the President of the Trump Organization and a founder of Trump Entertainment Resorts. Trump extravagant lifestyle, so sincere, and the role of the NBC reality show made him well known celebrity, who was number 17 in 2011 Forbes Celebrity 100 list.

Trump is the son of Fred Trump, a New York real estate developer. He worked in his father's company, Elizabeth Trump & Son, studying at the Wharton School of the University of Pennsylvania, in 1968 and officially joined the company. He was given control of the company in 1971 and renamed it the Trump Organization.

In 2010, Trump has expressed interest in the U.S. presidential candidate in 2012 elections. In May 2011 he announced that no candidate would be, but a few weeks later, said he was not completely ruled out.

Real Estate Development Company, Donald Trump John was born 14 JUN 1946 in Queens, New York. In 1971, he became involved in large construction projects profitable in Manhattan. He opened the Grand Hyatt in 1980, making him the developer best known and most controversial of the city. After several development projects most, he began to participate in the NBC series The Apprentice really popular in 2004.

Corporate Real Estate Development Real Estate Mogul. Born Donald Trump John, June 14, 1946 in Queens, New York, the fourth of five children of Frederick C. and Mary MacLeod Trump. Frederick Trump was a builder and real estate developer who came to specialize in the construction and operation of middle-income apartments in Queens, Staten Island and Brooklyn. Donald Trump was aggressive, bossy child, his parents sent him to New York Military Academy at age 13, hoping the discipline of the school would channel his energy in a positive way. Trump did well at the academy, both socially and academically, rising to become a star athlete and student leader when he graduated in 1964. He entered Fordham University, then transferred to the Wharton School of Finance at the University of Pennsylvania, where he graduated in 1968 with a degree in economics.

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Thursday, October 6, 2011

Steve Jobs

steve jobs apple inc

The US Trends | Steve Jobs | Steve Jobs was born February 24, 1955, to two University of Wisconsin graduate student, who gave him up for adoption. Intelligent, but without guidance, employment experimented with various tasks before you start Apple Computers with Stephen Wozniak in the Jobs family garage. Apple's revolutionary products: iPod, iPhone and iPad are now seen as dictating the development of modern technology.

Born Steven Paul Jobs on February 24, 1955, to Joanne Simpson and Abdulfattah "John" Jandal, two students from the University of Wisconsin graduate who gave no name to his son for adoption. Jandal Abdulfattah His father was a political science professor from Syria and his mother Joanne Simpson worked as a speech therapist. Shortly after Steve was placed for adoption, birth parents married and had another child, Mona Simpson. It was not until Jobs was 27 years old was able to uncover information about their biological parents.

As an infant, Steven was adopted by Clara and Paul Jobs and named Steven Paul Jobs. Clara worked as an accountant and Paul was a Coast Guard veteran and machinist. The family lived in Mountain View within California's Silicone Valley. As a boy, Jobs and his father would work on electronics in the family garage. Paul would show his son how to take apart and reconstruct electronics, a hobby which instilled confidence, tenacity, and mechanical prowess in young Jobs.

While Jobs has always been an intelligent and innovative thinker, his youth was riddled with frustrations over formal schooling. In elementary school he was a prankster whose fourth grade teacher needed to bribe him to study. Jobs tested so well, however, that administrators wanted to skip him ahead to high school—a proposal his parents declined.

After he did enroll in high school, Jobs spent his free time at Hewlett-Packard. It was there that he befriended computer club guru Steve Wozniak. Wozniak was a brilliant computer engineer, and the two developed great respect for one another.

Apple Computers

After high school, Jobs enrolled at Reed College in Portland, Oregon. Lacking direction, he dropped out of college after six months and spent the next 18 months dropping in on creative classes. Jobs later recounted how one course in calligraphy developed his love of typography.

In 1974, Jobs took a position as a video game designer with Atari. Several months later he left Atari to find spiritual enlightenment in India, traveling the continent and experimenting with psychedelic drugs. In 1976, when Jobs was just 21, he and Wozniak started Apple Computers. The duo started in the Jobs family garage, and funded their entrepreneurial venture after Jobs sold his Volkswagen bus and Wozniak sold his beloved scientific calculator.

Jobs and Wozniak are credited with revolutionizing the computer industry by democratizing the technology and making the machines smaller, cheaper, intuitive, and accessible to everyday consumers. The two conceived a series of user-friendly personal computers that they initially marketed for $666.66 each. Their first model, the Apple I, earned them $774,000. Three years after the release of their second model, the Apple II, sales increased 700 percent to $139 million dollars. In 1980, Apple Computer became a publically traded company with a market value of $1.2 billion on the very first day of trading. Jobs looked to marketing expert John Scully of Pepsi-Cola to help fill the role of Apple's President.

Departure from Apple

However, the next several products from Apple suffered significant design flaws resulting in recalls and consumer disappointment. IBM suddenly surpassed Apple sales, and Apple had to compete with an IBM/PC dominated business world. In 1984 Apple released the Macintosh, marketing the computer as a piece of a counter culture lifestyle: romantic, youthful, creative. But despite positive sales and performance superior to IBM's PCs, the Macintosh was still not IBM compatible. Scully believed Jobs was hurting Apple, and executives began to phase him out.

In 1985, Jobs resigned as Apple's CEO to begin a new hardware and software company called NeXT, Inc. The following year Jobs purchased an animation company from George Lucas, which later became Animation Studios. Believing in Pixar's potential, Jobs initially invested $50 million of his own money into the company. Pixar Studios went on to produce wildly popular animation films such as Toy Story, Finding Nemo and The Incredibles. Pixar's films have netted $4 billion. The studio merged with Walt Disney in 2006, making Pixar Steve Jobs Disney's largest shareholder.

Reinventing Apple

Despite Pixar's success, NeXT, Inc. floundered in its attempts to sell its specialized operating system to mainstream America. Apple eventually bought the company in 1997 for $429 million. That same year, Jobs returned to his post as Apple's CEO.

Much like Steve Jobs instigated Apple's success in the 1970s, he is credited with revitalizing the company in the 1990s. With a new management team, altered stock options, and a self-imposed annual salary of $1 a year, Jobs put Apple back on track. His ingenious products such as the iMac, effective branding campaigns, and stylish designs caught the attention of consumers once again.

Pancreatic Cancer

In 2003, Jobs discovered he had a neuroendocrine tumor, a rare but operable form of pancreatic cancer. Instead of immediately opting for surgery, Jobs chose to alter his pescovegetarian diet while weighing Eastern treatment options. For nine months Jobs postponed surgery, making Apple's board of directors nervous. Executives feared that shareholders would pull their stocks if word got out that their CEO was ill. But in the end, Job's confidentiality took precedence over shareholder disclosure. In 2004, he had a successful surgery to remove the pancreatic tumor. True to form, in subsequent years Jobs has disclosed little about his health.

In recent years, Apple has introduced such revolutionary products as the Macbook Air, iPod, and iPhone, all of which have dictated the evolution of modern technology. Almost immediately after Apple releases a new product, competitors scramble to produce comparable technologies. In 2007, Apple's quarterly reports were the company's most impressive statistics to date. Stocks were worth a record-breaking $199.99 a share, and the company boasted a staggering $1.58 billion dollar profit, an $18 billion dollar surplus in the bank, and zero debt.

In 2008, iTunes became the second biggest music retailer in America-second only to Wal-Mart. Half of Apple's current revenue comes from iTunes and iPod sales, with 200 million iPods sold and six billion songs downloaded. For these reasons, Apple has been rated No. 1 in America's Most Admired Companies, and No. 1 amongst Fortune 500 companies for returns to shareholders.

Early in 2009, reports circulated about Jobs' weight loss, some predicting his health issues had returned, which included a liver transplant. Jobs had responded to these concerns by stating he is dealing with a hormone imbalance. After nearly a year out of the spotlight Steve Jobs delivered a keynote address at an invite-only Apple event September 9, 2009.

In respect to his personal life, Steve Jobs remains a private man who rarely discloses information about his family. What is known is Jobs fathered a daughter with girlfriend Chrisann Brennan when he was 23. Jobs denied paternity of his daughter Lisa in court documents, claiming he was sterile. Jobs did not initiate a relationship with his daughter until she was seven but, when she was a teenager, she came to live with her father.

In the early 1990s met Lauren Powell Jobs at Stanford Business School, where Powell was an MBA student. They were married March 18, 1991 and lived in Palo Alto, California with their three children.

On October 5, 2011, Apple Inc. announced that the co-founder Steve Jobs has died. He was 56 years old.

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