<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=290086984736480&amp;ev=PageView&amp;noscript=1">
word-map-thumb

The Alternative Board Blog

5 Entrepreneurs Who Started at the Bottom (Now They're Here.)

Sep. 5, 2015 | Posted by The Alternative Board Worldwide
entrepreneurs

 

What do Steve Jobs, Howard Shultz, and Oprah Winfrey have in common? They built their business empires from scratch. Get inspired by these 5 brilliant billionaire entrepreneurs who started from nothing and climbed their way to the top:

    1. Steve Jobs
       
      The executive of all executives and perhaps the most innovative leader of the 21st century, the acclaimed Apple founder started out as little more than a college dropout. Apple was literally born out of Jobs’ parents’ garage without the enormous venture capital startups today are used to. What was once a small home operation is now a $320 billion phenomenon. Who said a garage isn’t a great place to start a business?

 

    1. Sir Richard Branson
       
      It’s almost impossible to imagine this Virgin mogul without a giant jet behind him in an exotic location spouting brilliant advice about how to be the next billionaire. But once upon a time, he was a humble sixteen-year-old with a student magazine that earned him $8,000 worth of advertising in its first edition. His entrepreneurial pursuits led to his small record shop in London – Virgin Records. How did that tiny shop become the global brand it is today? Not through a ton of capital, but hard work and smart moves on part of this net £3.6 billion entrepreneur.

 

    1. Oprah Winfrey
       
      Oprah Winfrey represents so much more than her net worth of $3 billion. An executive, producer, performer, and humanitarian, Winfrey overcame huge setbacks on her way to success. She was raised by a single teenage mother in Mississippi where she experienced countless hardships, including sexual assault and a failed pregnancy. Despite turbulent beginnings, she was able to whip her career into one of the most admirable of the era.

 

    1. Howard Schultz
       
      We can only assume that Howard Schultz’s home today looks nothing like the Brooklyn housing project where he grew up. If it wasn’t for a football scholarship to Northern Michigan University, Schultz may not have had the opportunity to be the first member of his family to graduate from college. When his job at a small coffee bean store dismissed his idea of opening an espresso bar, Schultz took it upon himself to create his vision of success and build his own store: Starbucks. His net worth is now estimated at $2.8 billion.

 

  1. Bill Hewlett & Dave Packard
     
    Got $538? Turns out that’s enough to get you $57.9 billion dollars. When Bill Hewlett and Dave Packard began working on their audio oscillator startup out of a garage, they had no more than $538 to their name and a used drill press. Talk about an effective return on investment! Now 76 years old, HP is one of the world's leading information technology companies, with over 300,000 employees and enormous revenues. To this day, it’s considered the symbolic founder of Silicon Valley.

While startup capital helps, it’s not the be all end all to any business’s success. Just because you’re operating out of your living room does not negate your potential to grow into a billion dollar business. The first step in evolving from your couch to hundreds, thousands, millions, even billions of dollars is a strategy for success.

The Alternative Board’s Strategic Business Leadership® planning tool helps business owners at every stage of their career create a path for growth. Whether you’re starting with a million dollars in venture capital or $538 and a drill, there’s no better way to formulate a plan for success

Read our 19 Reasons You Need a Business Owner Advisory Board

DOWNLOAD

Written by The Alternative Board Worldwide

Related posts

How to Manage Your Mobile Workforce

Jul. 16, 2018 | Posted by The Alternative Board Worldwide
The American workforce is changing the nature of “work” as we once knew it. The days when employees absolutely had to work at a desk, in an office, are long gone. While many businesses still insist...

CEOs Save Time by Learning to Say “No”

Jul. 2, 2018 | Posted by The Alternative Board Worldwide
  Learn to Say No!    How many times in a day do people approach you or your gatekeeper with a request, suggestion or some other time-consuming appeal? Like many other business leaders, your first...

Save Time with Fewer (and More Productive) Meetings

Jul. 2, 2018 | Posted by The Alternative Board Worldwide
For most companies, there’s no way around having meetings as a way to conduct day-to-day business. At the same time, it’s hard to find any CEO or business owner who doesn’t experience frustration at...

Differentiating Between “Urgent” and “Important” Saves You Time

Jun. 29, 2018 | Posted by The Alternative Board Worldwide
Urgent? Or important? Take a moment to look back on what you did today in your role as business owner or CEO. How much time was spent reacting to an urgent issue or crisis someone brought to you,...

A Quick Guide to More Efficient CEO Time Management

Jun. 27, 2018 | Posted by The Alternative Board Worldwide
Most CEOs and business leaders understand on a gut level that there aren’t enough hours in the day to get everything done. They also know that time, (and the management of their time!), probably the...

The Right Feedback Can Boost Employee Retention

May. 29, 2018 | Posted by The Alternative Board Worldwide
Among the many skills a CEO or business owner should possess is the ability to provide constructive, meaningful feedback. Employees at every level of an organization want to do the best job possible,...

6 Tips on Turning Great Employees into Outstanding Leaders

May. 29, 2018 | Posted by The Alternative Board Worldwide
The current job market is so tight and competitive, why make it any more difficult to recruit and retain the right people for your company? Too many businesses focus on getting bodies into open...

Is “Emotional Marketing” the Best Way to Connect with Customers?

Apr. 24, 2018 | Posted by The Alternative Board Worldwide
According to the Small Business Association, “All humans feel four basic emotions: happy, sad, afraid/surprised, and angry/disgusted.” Of course, no business wants to spur feelings of disgust or...

5 Tips for Monitoring Your Competitor’s Marketing Strategy

Apr. 23, 2018 | Posted by The Alternative Board Worldwide
 No matter how unique their product or service, every business has a competitor (or more than one). This is probably a good thing because it means no CEO or business owner can become complacent or...

How to Motivate and Recognize Your Sales Team

Apr. 10, 2018 | Posted by The Alternative Board Worldwide
  Assembling a high-performing sales team is challenging enough, but that’s just the start of any focused sales effort. With quality salespeople in place, the next task is determining how best to ...