1849 California Gold Rush…And How One Man Became The Richest Man in California

In the early 1840s, California was a distant outpost that only a handful of Americans had seen. The sleepy port that would become San Francisco had just a few hundred residents. One of the wealthiest people in the region was John Sutter–an affable Swiss immigrant who came to California in 1839, intent on building his [...]

The 82 Year Old Comeback Millionaire

Adapted from article by Tracy Sua in The Sunday Times October 29, 2006. Mr Lim Tow Yong, and his brother started the Emporium Group in the 1960s, and the company grew from a turnover of $10 million in its first year to $300 million at its peak in 1984. Alas, the recession in 1980s hit [...]

Hurricane Katrina Aftermath – How One Business Survived and Thrived Better Than Before After The Worst Storm in History

credit: newsone The costliest storm in U.S. history, Hurricane Katrina wiped away neighborhoods, businesses and infrastructure. Devastation wrought by the 2005 storm forced companies still standing to make tough decisions about the way they would do business going forward. “It was a pretty interesting time, balancing the personal tragedy with the needs of our clients,” [...]

How A Canceled Flight Led To The Birth of One of The World’s Greatest Airlines

What would you do if your  flight got cancelled and you are stranded at the airport with a hundred other passengers. There is no other flight out that day. What would you think about? How would you feel? What would you do? In 1980, Sir Richard Branson and his future wife, Joan, were traveling to [...]

Want To Increase Your Traffic By 135% Overnight? Learn from LivingSocial’s Amazon Gift Card Deals

LivingSocial, a daily deals site, increased its traffic by 135% OVERNIGHT using a combination of irresistible deal and extremely viral marketing. Take a look at its Alexa Rank screenshot today. To understand the significance of the spike in traffic, lets compare yesterday’s alexa rank data between LivingSocial and that of Groupon, the $4.75 billion behemoth [...]

How To Start and Sell A Biz for $24M in 6 Months

Two brothers Karl Chong, and Christopher Chong, started Beeconomics in early 2010 for less than $50,000. It was reported that they sold the site to Groupon in Dec 2010, the behemoth group buy site for a whooping $24M, although many reports claimed that the figure should be much less than that. Even if the figure [...]