Motivation For Entrepreneurs


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The Playboy Story


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Hugh Hefner’s parents were teachers and he grew up in a conservative household.He worked on an army news paper in his service days and took creative writing lessons at university.He then went to work as a copywriter for Esquire.He quit Esquire in being denied a $5 raise.

Out on his own Hefner was determined to start his own publication, one that was similar to Esquire but better.

He mortgaged his furniture to raise a bank loan of $600 and raised $8,000 from 45 investors—including $1,000 from his mother,who believed in her son rather than his crack-pot idea—to launch Playboy magazine.

Hefner wanted to name the magazine “Stag Party” but was forced to change it to avoid a trademark infringement with the existing Stag magazine. A friend suggested the name “Playboy,” after a defunct automobile company in Chicago. Hefner liked the name, as he thought it reflected high living and sophistication.

Hefner produced the first edition of Playboy out of his Hyde Park, Chicago, kitchen. It hit newsstands in December 1953, but did not carry a date because Hefner was unsure as to whether or not a second issue would be produced. To help ensure its success, Hefner had purchased a color photograph of actress Marilyn Monroe in the nude—which had been taken before her movie star career—and placed it in the centerfold of the magazine. The first issue quickly sold 50,000 copies, and became an instant sensation.

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