A Joke Gone Right


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Sometimes businesses just happen.Gift Wrapped is one such example.Here is the story of how the company came about in the words of its founder Srikanth Acharya:

I started my first venture in April 2005. The idea was born out of an April fool’s prank on the 1st of April. I was working at Infosys at that point of time and that morning I told the first person I came across that I was planning to quit and start a company. He totally bought it. Then I did that to the second, then third and so on. Read more of this post

Most Expensive Hotel Suite In The World


wealthymatters$45,000 per night,is the rate of the Ty Warner Penthouse suite at the Four Seasons In NY,It is the most expensive  hotel suite in the world,It consists of nine rooms and guests have access to a chauffeur,butler and personal trainer.The price includes spa treatments,meals plus complementary champagne and caviar.

Over The Top Phones


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 COBRA PHONE British mobile phone maker Vertu teamed up with French jeweller Boucheron on a diamond-encrusted, purple-and-peach phone with a snake slithering around the frame. Priced at $310,000 when it came out in 2006, 8 Cobra phones were made. Read more of this post

No Regrets


wealthymattersIn the very early days of Facebook, when it had fewer than 15 employees, a guy named Steve Chen decided after working there for only a few weeks that it just wasn’t for him.

He wanted to leave to found his own company, and his plan was to do a video startup.

Matt Cohler, the guy who had hired him in the first place, tried to convince him otherwise. “You’re making a terrible mistake. Facebook is going to be huge! And there’s already a ton of video sites. If you do this you’re going to regret it for the rest of your life!”

Chen wasn’t convinced, so he decided to do it anyway and left to start a company called YouTube.

Ferruccio’s Revenge


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Ferruccio started as a farmer and then went on to makentractors.

Eventually his business became so successful that he was among the most wealthy in Italy.

He owned a Ferrari which gave him some trouble at some point of time. Being a mechanic he tried to fix the problem and found out that his Ferrari had the same clutch used in one of his tractors. Obviously a bit furious he went to Modena to complain about the low quality part used in a Ferrari.

Enzo Ferrari being quite an arrogant man, said Ferruccio was a “farmer” and the problem was with him, not the car.

Ferruccio was insulted and vowed to make a car capable of beating a Ferrari.

His efforts resulted in the creation and development of one of the most powerful and well renowned brand of cars  in the world today,fully capable of trouncing Ferraris any day.

So what’s Ferruccio’s full name? You guessed right.Its Ferruccio Lamborghini.

Revenge is a great motivator.Harness its power and use it wisely.