One quality separates the most successful business owners from all others, according to billionaire Jimmy John Liautaud: They work really, really hard. In that vein, the 61-year-old founder and former chairman of the Jimmy John’s sandwich chain doesn’t believe in work-life balance, he said in a TikTok video posted by The School of Hardknocks on…
When Rick Senko started re-selling used items on eBay, he was “flat broke” — a recently unemployed single father who was desperate to earn enough money to support his 5-year-old son. That was 2008, and the first item he sold — a cell phone he bought for $35 on Craigslist and flipped on eBay for…
Almost 60% of young people in the U.K. are interested in starting their own businesses, per the Generation Entrepreneur Report. Connect Images/ci-start | Connect Images | Getty Images Young Brits are catching flak for their apparent lack of entrepreneurial drive, sparking a broader debate on whether the U.K. startup scene is facing an ambition deficit….
Over two-thirds of startup founders have a fear of failure, per the Founder Resilience Research Report, 2024. Skynesher | E+ | Getty Images Startup founders face immense pressure to succeed, but it can be even more challenging to let go of a failed business and find success after. Building a startup has always been risky….
U.S. President Donald Trump’s plans to place $100,000 fees on H-1B visa applications will disproportionately harm America’s startup space, founders and venture capitalists told CNBC this week. H-1B visas — which allow companies to temporarily hire foreign workers in skilled occupations such as IT, healthcare and engineering — were already difficult to secure for U.S. startups,…
Rachael De Foe, 31, works as a fractional head of communications. Courtesy of Rachael De Foe. In late 2019, Rachael De Foe was burnt out, so she took a leap of faith that many dream of but never do: she quit her nine-to-five job without anything lined up. The Singapore-native had spent the past few…
For many people, being your own boss is the ultimate dream — but most Americans aren’t actually doing it. Sixty-two percent of U.S. adults want to be their own boss one day, according to a Gallup survey published on June 6. A fraction of them take the jump into entrepreneurship: There are currently 36.2 million…
Like millions of fellow 18-year-olds across the U.S., Zach Yadegari spent his summer preparing for college. Unlike most other freshmen, Yadegari doubts he’ll linger in academia for very long. He’s the co-founder and CEO of Cal AI, a calorie-tracking mobile app he launched from his parents’ home in Roslyn, New York, in May 2024 —…
Lucy Guo, founder and CEO of Passes. Passes Serial entrepreneur turned billionaire Lucy Guo shared that growing up with frugal parents motivated her to start hustling from the early days of her childhood. The thirty-year-old was recently named Forbes’ youngest self-made billionaire with a net worth of $1.3 billion, after her first business, Scale AI,…
Peter Specht, general partner at venture capital firm Creandum. Creandum As pitches from founders come flooding in, one investor has revealed how VCs use a historic “law” to identify the best investments. “The power law in venture capital basically means that a small number of investments generate the vast majority of returns. So essentially, one…
