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SUCCESSFUL ENTREPRENEURS :silhouettes: 4OP, TASK #1 ENTREPRENEURIAL…

- - - - In his youth he sold lottery tickets and ran a newspaper. In later years he became one of the world's first prohibitionists and spent much of his time lecturing about the evils of alcohol. He invented the beauty and baby contests. He made a large fortune in real estate, inventing a clever method of selling alternate lots, financing the purchasers so they could build homes, and then collecting profit from the enhanced value of the lots in between. He donated land to his favorite city and watched his own stock in land rise as a result.
        
        His lively autobiography, titled Struggles and Triumphs, reveals the power of the man's entrepreneurial mind. This classic book was first published in 1854 and revised and enlarged numerous times. Barnum sold over a million copies of his famous autobiography, further evidence of this amazing man's marketing skills.
        
        William S. Harley & Arthur Davidson
        The Harley-Davidson motorcycle has become an American icon. Recognized around the world, it is a symbol of America's inventiveness, rugged individualism and pioneering spirit.
        
        In 1903 Harley, Davidson, and Davidson's two brothers formed the Harley-Davidson Motor Company, soon the world's preeminent motorcycle manufacturer. Bill and Arthur were joined by Walter Davidson, Arthur’s brother and a machinist. Walter had access to the special tools needed to create motorcycle parts. It took years to get it right. When they had the motor just right, they started selling motorcycles. The Harley-Davidson Motor Company was born.Though they had only five motorcycles to sell in 1903, better times weren’t far off. William Davidson, Arthur’s oldest brother, joined the friends in 1908, and the Harley-Davidson team was complete.
        
        MAGGIE LENA WALKER
        
        She was the first African American woman in the United States to found a bank. As a leader her successes and vision offered tangible improvements in the way of life for African Americans and women.
        
        Walker went to work with remarkable energy and showed considerable business acumen. In 1902 she founded the St. Luke Herald to carry news of the order to local chapters and to help in its educational work. In 1903 she opened the St. Luke Penny Savings Bank, of which she was president. By 1924 the main office staff of the order had grown to 50 individuals who served a membership of more than 50,000 in 1,500 local chapters. From 1929 to 1930 the Penny Savings Bank absorbed all other banks in Richmond owned by African Americans and became the Consolidated Bank and Trust Company. Walker served thereafter as the bank’s chairman of the board.
        
        INGVAR KAMPRAD
        
        Swedish entrepreneur who in 1943 founded IKEA, the world's largest furniture retailer in the early 21st century. Kamprad displayed entrepreneurial skills as a boy when he began selling matches to neighbours.
        
        At an early age, he learned that he could buy matches in bulk from Stockholm and sell them at a fair price, but a good profit. He reinvested his profits and expanded to fish, seeds, Christmas tree decorations, and pens and pencils. At age 17, Kamprad's father gave him a nice reward for doing well in school. What did he spend it on? He founded IKEA.
        
        Steve Jobs and Steve Wozniak
        
        The duo who began Apple Computer in 1976, are among the most well-known revolutionaries of the computing age. Their invention of the first true personal computer changed people’s ideas of what a computer could look like and what it could do to make their lives easier and their work more efficient. Apple continues to be one of the most popular brands of personal computing devices in the world.
        
        together they designed the prototype of the Apple I, a preassembled computer circuit board, In Job's parents' garage. A electronics equipment retailer placed an order for 25 of the machines, and Jobs and Wozniak were in business. On April 1st 1976, the Apple Computer Company (now Apple Inc.) was founded. In 1977, Apple was successful in becoming incorporated. Now Apple is a major company in USA.
        
        Russell Simmons
        
        Russell Simmons is one of the biggest promoters of music and highly successful business magnates of our time. He is the co-founder of the ground-breaking hip-hop label ‘Def Jam’. Simmons is the third wealthiest personality in hip hop with net worth of 340 million dollars.
        
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- - - - He bought an ice cream shop in 1975, but owing to low sales, he decided to add other items such as fried chicken, fries, and burgers. Customers came to the store to buy his products after word spread in his area.
        Caktiong was able to expand across the country after embracing the fast-food business model, growing his humble restaurant into one of the Philippines’ most successful businesses.
      - SOCORRO RAMOS
        
        Socorro Ramos began her career in publishing and retail as a salesgirl in a bookshop. With a capital of PHP200, she and her husband launched National Book Store in Escolta at the age of 19, selling books and school supplies to children.She and her husband supplemented their income by selling other products such as candles and soaps.
        
        The National Book Store now has around 3,000 employees. At the age of 98, Socorro Ramos is worth an estimated USD3.1 billion, making her one of the country’s richest people.
        
        John Gokongwei Jr.
        
        When his father died, however, the family fortune evaporated and he had to support his family by peddling goods from his bicycle in the streets of Cebu. He borrowed PHP 500,000 from Chinabank to launch a maize milling company that is now known as Universal Corn Products.
        
        His family is now one of the most successful Filipino business families and owns the Robina Land Corporation, which owns Robinsons Supermarkets and Department Stores, as well as the commercial airline Cebu Pacific.
        
        EDGAR SIA
        
        Edgar Sia, the brains behind Mang Inasal, is widely regarded as the Philippines’ pioneer in limitless rice meals.
        
        The restaurant was a huge success. Jolibee’s Tony Caktiong bought Mang Inasal for PHP5 billion after hearing about Sia’s growing business. Sia invested the proceeds from the sale of Mang Inasal into banking and healthcare. He is the country’s youngest billionaire, at the age of 42.
        
        Mariano Que
        
        He began selling good-quality sulfa for a low price. As a result, he was able to expand his clientele. In 1945, he founded the Mercury Drug chain of pharmacies.
        
        Mercury Drug was named after the Roman god Mercury, who was known for his speed as well as for originating the medical industry’s symbol, the caduceus. He helped the company grow over time, and it is today one of the best-known drugstores in the country.
        
        CRESIDA TUERES
        
        Greenwich began as a modest over-the-counter pizza shop in Greenhills in 1971, founded by Cresida Tueres. Tueres had a natural talent for cooking; her friends and family were so taken with her food that they supported her in developing her humble shop into a national franchise
        
        The new company was renamed Greenwich Pizza Corporation after the successful commercial agreement with Jollibee Foods Corporation, and it launched its first store in the Ever Gotesco Commonwealth Shopping Mall in 1994.
        
        CECILIO KWOK PEDRO
        
        Pedro was once the president of Aluminum Container Inc., a company that made aluminium toothpaste tubes for Procter & Gamble, Philippine Refining Company (now Unilever), and Colgate-Palmolive Aluminum Container Inc. went out of business in 1986.
        
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