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How to be a successful entrepreneur essay
How to become a successful entrepreneur
How to be a successful entrepreneur essay
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I chose to read a book about entrepreneurship rather than interview an entrepreneur. The book I read is entitled The Story of Google. The book starts with a college student, Larry Page, touring Stanford University. While there, his guide was Sergey Brin. The two of them very quickly became great friends although it did not always seem as such. They would constantly have intellectual battles about anything and everything. The two of them began a project for a doctoral thesis. The plan was to download the entirety of what is on the internet and find a way to search it using links. Page decided to use a ranking system to determine the relevance of links and called it “PageRank”. In 1997, the two first launched their search engine and called it …show more content…
Page and Brin at the time did not know how to spell googol and had the misspelling of “Google”. They ran quickly to see if the URL was available and it was. They registered their site as google.com. The next day Anderson sees “Google” written on the white board and writes, “It’s supposed to be g-o-o-g-o-l.” After making it on the internet, they dropped out from Stanford and continued work on Google. Page and Brin rented a garage from a friend to house operations in 1998. By 1999, they outgrew their garage office, handling more than 500,000 searches a day, and had to move to an office building in Palo Alto. The plan was to make a great search technology and license it to someone for a large sum of money. That proved harder than they thought so Page and Brin decided to continue bettering their website. They had to seek extra money from somewhere and went to the two most established firms for high tech companies. Both loved the idea and were willing to give them the twenty-five million dollars that they were looking for, but the partners wanted the two firms to invest jointly so they did not lose control of the …show more content…
Shortly after the two companies came to an agreement, but required that Brin and Page get a seasoned executive to help them with the business portion of things. At the end of 1999, Google had to move out of their Palo Alto office and go to Mountain View, California. The move was required because the offices became too cramped again. Before 2000, Google was averaging over seven million searches a day. In 2000, Google was in need of more money again and looked into selling targeted advertisements. The ads were only text-based ads to prevent user distraction and were sold on a per click basis. Every time someone clicked on the ad, Google would get five cents from the company who posted the ad. In 2001, Google had set out to make searching more convenient on mobile devices. At the end of 2001, Google posted their first profit of seven million dollars for the year. Page and Brin had not yet hired a CEO by this time, and were still required to find one. They had met Eric Schmidt in 2000 and neither of them were interested in each other. Page and Brin did not want to hire him and he did not want to work for them. In August of 2001, they hired him on after their previous meeting where they really hit it
Google is a well-known free net-search service that millions of people use around the world every day. Every time we don’t know the answer to something right away we take out our smart phones from our pockets and google it. The possibility to be able to google in a search engine is all to co-founders Larry Page and Sergey Brin. Google was created in September 1998. The website can be used in 120 different language and more. It has 97% revenue in advertisement, making almost all of its profit on advertisement. Google is valued at USD $100 billion, first company to be known to be valued at this amount. The company was started up from a garage in Menlo Park, California.
...e fun stuff they offer like their doodles. I can only begin to imagine what Google will offer in future, flying cars, transforming vehicles and maybe just maybe even talking dogs, but with the ideas they have now who knows what they have got planned for 2025.
Google was founded by two University of Stanford graduate students Larry Page and Sergey Brin. Their main objective of founding the company was to be able to retrieve specific data from massive amounts of information. The two developed a proprietary technology that would become the ultimate search engine. Initially the pair worked out of their dorm room, then a garage, and once they had quickly outgrown these "facilities" they had moved on to a much larger facility where they reside to this day. It seemed to be a matter of time before they had conquered the continental United States, and had begun to eye the lands across the pond.
INTRODUCTION The Google company has engaged the controlling location and position in its industry since the launch due to its unique product which is a result of its unparalleled working location. Google has moved out on to achieve the largest share of online search engines as it affords its users with a product that is difficult to find even though there are a lot of challenges. By analyzing and examining the internal and external environment of the company, it is obvious that Google company is running an efficient machine, giving attention to the most of its customers and it ensures that it offers a quick and reliable product to its customers. Origination structure at Google :
2009 was a negative period for the United States economy. A big recession hit the country, and the founders of Google were trying to make a plan in order to make to limit the damage caused by an economic decline. Brin and Page the two creators of the giant Google were shocked form the situation that was occurring. Their company was feeling the effect of the economic downturn. Google’s stock price dropped 51 percent. The two entrepreneurs were trying to figure out a way to keep the company from drowning. Google main problem was how to maintain the culture that made the company successful in the previous two years. Some consequences that the company had to face was eliminating products that
In the documentary “Call of the Entrepreneur,” three successful entrepreneurs, Brad Morgan, Frank Hanna, and Jimmy Lai, are presented to explain their views on entrepreneurship and in turn leadership. Brad Morgan is the owner of a million dollar dairy and compost company, Frank Hanna is a merchant banker in New York City, and Jimmy Lai is the founder of Giordano department stores and Next Media. A central theme of the documentary is how each of these businessmen displays the characteristics of persistence, patience, and perseverance to overcome frustrating obstacles and become successful. The film defines entrepreneurship and explains how the entrepreneur responds positively to consumer demands and is able to organize and direct others toward a goal only the entrepreneur can see. The film shows that though some entrepreneurs are driven by greed and some are not, the ones that are successful are answering the needs of consumers.
Google is a public corporation that deals with Internet searching, advertising, and Web-based computing technology. All these have developed from an initial search engine and the company continues to advance even to date with partnerships and acquisition of other companies and products. All of these are due to its formulation and maintenance of a unique corporate culture that other organizations have to follow in order to be as successful (Rachet, B. 2014). What makes up Google 's strong culture are values that are widely accepted and strongly held (Rachet b. 2014). Google has topped the list of Fortune 100’s Best Companies to Work for 4 times (Kim, J. 2013). Although Google has many perks on their work campus, the real formula behind their
"Google Employees Reveal Their Favorite Perks Working For The Company." Business Insider. N.p., n.d. Web. 05 Nov. 2013.
The Google employee follow the 70/20/10 rule where they devote 70% of the day to whichever project has been assigned to them by the managers, 20% of the day to new projects or ideas related to their core projects and 10% to new ideas which they want to pursue irrespective of what they might be. Because of this rule many of Google’s new products and services have been successful as programmers, salesperson and even executives are given enough space to be creative.
I choose jyoti Reddy as my entreneurship because she proved how nothing can stop human being from becoming whom he or she wants to be in life. She started her journey as small field farmer and now she is a CEO of software company in the united states of America. Her hardship teach us value of life and how to think beyond the situation.
According to Farfan (2014) Google signed the official incorporation papers in California, September 4, 1998. Before the corporation began, Larry and Sergy collaborated on a search engine for the colleges’ servers called “BackRub,” whom decided to develop the search engine further, renaming their creation “Google.” Page and Brinn received their first $100,000 investment check, and set up an office within a garage in Menlo Park (Farfan,2014).
A search engine was built in January 1996, as a research project by Larry Page, who was soon joined by Sergey Brin, two Ph.D. students at Stanford University, California. This search engine was named “BackRub,” and it was the beginning of a new era. The name of this website was changed afterward to what we know now as “Google.” I have been studying the business case of Google in one of my MIS classes and using the information I gained from that course, I am able to talk about Google. Since my audience is the instructor and my classmates, Google helps you find information that you need for your daily life in college. I want my audience to know by the end of my speech about Google //what is the history of Google, /what makes it special, //and lessons to learn from the experience of Google’s founders.
Corporate Entrepreneurship can be seen as the process whereby an individual or a group creates a new venture within an existing organization, revitalizes and renews an organization ,or innovates. Zahra’s(1986) definition of corporate entrepreneurship suggests a formal or informal activity aimed at creating new businesses in established firms through product and process innovations and market developments,whereas sathe(1985) defines corporate entrepreneurship as a process of organizational renewal. Corporate Entrepreneurship has emerged as a much needed ingredient contributing towards the growth of any organization under a changing business environment.
Being an entrepreneur, is advanced citizenship, you have to want it real bad. Entrepreneur is not entitlement. Being an entrepreneur is a life commitment. Like in the movie Wall Street, a famous line was "You can 't be a little bit pregnant." The fact is you can 't be an on again, off again entrepreneur.
Many people dream of becoming entrepreneurs someday. But it made me realize that there other factors that needs to be taken into consideration. We need to ask ourselves are we ready to take the challenge to the outside world. Not everyone have the vision, innovation and creativity to become an entrepreneur. The individual must have a positive attitude and accept the responsibility, have discipline to meet their goals, and take action when the opportunity presents itself. Many prefer a job security and rely on a weekly paycheck, while entrepreneurs will take risks and doesn 't have that luxury to know the amount of their income.