Famous Entrepreneurs
The founder of Amazon started selling books online. Eventually became one of the largest retailers in the world
Jeff Bezos
This online market place started in a small garage in 1995 and is now one of the largest e-commerce markets in the world.
Amazon
Selling directly to consumers without intermediaries.
Direct Sales Model
This common issue occurs when a business's expenses override the income. Often leading to cash flow issues.
Cash Flow Management
Asking lots of questions and wondering
Be Curious
Known for her role in the skin care industry, she founded the beauty brand Venty. She's also a famous singer.
Rihanna
A ride-sharing service founded in 2009, disrupted the tax industry and is a house hold name around the world.
Uber
Focuses on selling products at a lower price to high volumes of customers.
Low Coast Model
This challenge arises when a business must compete against established companies with greater resources and brand recognition.
Market Competition
Coming up with lots of ideas
Divergence
Television personality is known for her beauty empire and became the first female self-made billionaire in the United States.
Oprah Winfrey
This payment processing startup, founded in 2009, enables businesses to accept credit card payments via mobile devices.
Square
Realise partnerships and collaborations often combine resources to offer a joint product or service.
Partnership Model
This challenge occurs when businesses face unexpected events such as economic downturns or natural disasters which can disrupt operations.
Risk Management
Trying something new, pushing yourself, mistakes and failures will teach you lots.
Make mistakes, take risks.
Known for his role in the development of Apple products, he co-founded the company. He popularized the personal computer.
Steve Jobs
Founded in 2012, this company revolutionized meal delivery. With a subscription service that provides meals.
Blue Apron
A business invests revenue while providing free content for service users.
Ad-Supported Model
Fund Raising
walk in other shoes, experience life through another perspective.
Empathy
Founded the Virgin Group. Which encompasses more than 40 companies across various industries
Richard Branson
Known for its unique office culture and innovative products. This tech start-up was founded by two Stanford grads and is now a leading search engine.
Allows customers to access a service for a recurring fee, often monthly or annually.
Subscription Model
When trying to communicate with buyers or investors.
Effective Communication
work well with others.
Collaborative