Famous Start-up Apps
This success story is centered around 3 men who went from renting out mattresses to a 10 billion dollar company:
AirBnB
This entrepreneur of the 1800s made his fortune from steel production, and in his retired golden years he devoted his life to philanthropy:
Andrew Carnegie
This Entrepreneur’s recipe was rejected over 1,000 times before it was accepted by a restaurant.
Colonel Sanders
The director of the entrepreneurship program at Miami, who has won 54 regional emmy awards:
Jim Friedman
The authorization or license granted to an inventor that prevents others from making, using, or selling the product
patent
A popular way of getting from point A to point B, this app was created by two guys who didn’t want to have to wait for a cab ever again:
Uber
This smart businessman made cars affordable for most Americans, not just the rich, and he unleashed the power of mass production:
Henry Ford
This computer famous entrepreneur was arresting for driving through a red light and for driving without a license.
Bill Gates
“Starting is simply about seeing a problem in your life and trying to fix it. If you figure it out, then you can consider doing it for others who have a similar problem. That’s it.”
Miami ESP’s definition of entrepreneurship
To obtain goods from sources outside of your company
outsourcing
Although this app is centered around disappearing, it isn’t going anywhere anytime soon. It was founded under the name Picaboo, but is now known as:
Snapchat
He is the CEO and founder of Amazon, an immensely popular online retailer. The company brought him $100 billion in revenue in 2015:
Jeff Bezos
This investment famous entrepreneur has lived in the same house for over 50 years. He also doesn’t own a cell phone.
Warren Buffett
Transformation of an idea into a commercial opportunity
startup entrepreneurship
Wealth and assets available to invest in a project or business
capital
This widely popular app was originally created as an internal social networking site for Harvard students, and soon spread to other universities and became as big as it is today:
He is an American investor, philanthropist, and CEO Berkshire Hathaway. He is considered one of the most successful investors in the world, and is the fourth-wealthiest man in the world:
Warren Buffett
This entrepreneur was an inspiration for Iron Man. He also holds citizenship in South Africa, Canada, and the US.
Elon Musk
He teaches entrepreneurial value creation and capture (ESP 251) and startup entrepreneurship (ESP 321) here at the institute:
Mark Lacker
Organization or project that promotes the fast growth of the start up
the "accelerator" in the entrepreneurship world
Popular among college students and businesses looking to connect, this app was created by Reid Hoffman, and was launched out of his living room:
This entrepreneur is widely known for his amusement parks, but got his start creating cartoon characters based off the mice that ran around his office:
This 18 th century entrepreneur is credited with inventing the lightning rod and bifocals.
Benjamin Franklin
He’s the new director of the institute and teaches our startup venture capstone course (ESP 401). He also teaches our class on entrepreneurial venture capital (ESP 444)
Tim Holcomb
The direct exchange of merchandise or services between businesses
barter