These are among world biggest business entities which every entrepreneur dreams about. Most of us have an idea that to set up business, venture capitalists, big-money consultants and a beautiful office are must. Here we sum up few companies which started in a small garage and today are among top companies in the world listed by getentrepreneurial.com.
source::::::siliconindia net..
Natarajan
It all started when two childhood friends William Harley and Arthur Davidson were fascinated towards a motor bike from a Milwaukee garage. They began to work upon the motor bike but realized that the engine was very much underperforming. They decided to build an engine on their own and that was the historic moment when Harley Davidson invented their first motor bike. Today Harley Davidson is among the best motor bike brand company in the world.
While attending the University of Texas in 1984, Michael Dell established the company as PCs Limited. The way to the success that Dell now enjoys started with an idea and only $1,000 investment. Initial operations of Dell’s company executed from Dell’s dorm room, until he resolute to leave college to run his company full time basis. In 1985, the company generated the first computer of its own design, and by 1988 had an IPO that treasured the company at nearly $80 million.
Amazon.com is at present the largest online book selling company. Jeff Bezos initially commenced the business in his garage. It started with marketing books through internet and skyrocketed as an online corporation that sells a varied list of products such as computers and other electronic items. Though the firm has undergone two legal suits but still continues to rise high and maintain the position to be the “world’s largest bookstore”.
. HP
In 1939, two electrical engineering Bill Hewlett and Dave Packard, graduates from Stanford, established an electronics manufacturing company in a one-car garage in Palo Alto,
With a total investment of $538, the duo founded the Hewlett-Packard Company, famously called HP. They commenced with developing a few electronic devices and later come into the PC market in 1966. Till date, Hewlett Packard is best known not only for its first-rated electronics and distinctive company culture -“The HP Way”, but also for its corporate social accountability in retrieving billions of pounds of electronics, toner and ink cartridges.
With a total investment of $538, the duo founded the Hewlett-Packard Company, famously called HP. They commenced with developing a few electronic devices and later come into the PC market in 1966. Till date, Hewlett Packard is best known not only for its first-rated electronics and distinctive company culture -“The HP Way”, but also for its corporate social accountability in retrieving billions of pounds of electronics, toner and ink cartridges.
On September 7, 1998, a company opened its door in Menlo Park, CA. The door came with a remote control, as it was connected to the garage of a friend who sublet space to the new corporation’s staff of three, which is how Google Inc. was commenced. Today Google is a colloquial term also often used as a common verb in our daily life. Google co-founders Larry Page and Sergey Brin moved out of the dorm, officially included the Google name, and ended raising $1 million from a few investors.
For the five months Google worked out of Wojcicki’s garage, Page and Brin exchanged between trifling with their search engine’s now famous algorithm, soaking in the hot tub, and raiding the refrigerator for midnight snacks, a custom that may have stimulated Google’s free-food policy for all its employees.
Nearly all remember the sight in Forest Gump when he explains that he never has to be troubled about money again because of his investment in the fruit company called “Apple.” This is the scenario with all most all the investors of Apple Inc. Apple commenced in the garage of a young man called Steve Wozniack. Wozniack and his long time friend Steve Jobs were very mush interested to build a computer on their own.
In 1976; both approached a local electronics store to see if they would be interested in buying a personal computer that Wozniack had built. The next very moment they got an order of 50 computers. Though both Wozniack and Steve were out of cash, but then managed to convince few electronic dealers to deal on a credit basis. Apple has established to be the company that creates the industry standard time and time again. The journey from the garage of Steve Wozniack to being ranked 103 on the Fortune 500, Apple persists to grow more and more.