We have all heard the tales of success from such names as Bill Gates, Steve Jobs, and others, but there are many successful entrepreneurs who remain virtually unknown. Some of these men and women have struggled to make diamonds out of the dust, and create a business which thrives under their leadership. Let’s take a look into the lives of some of these entrepreneurs.
Meet Josh Kopelman
According to Forbes.com, Josh Kopelman is an entrepreneur who has crossed over to venture capital. He is now a partner at First Round Capital, where he uses his former experience of running Half.com, an eCommerce website. He can also boast of running TurnTide, an anti-spamming site which created the first anti-spam router, as well as Infonautics.
Josh was just a college student when he started the latter, a for-profit precursor to Wikipedia. In 1996, it was taken public on the NASDAQ. In the year 2000, he sold Half.com to eBay for the sum of $350 million and stayed on with eBay for three years, growing their media marketplace to over $500-million-dollar annual income. TurnTide was sold to Symantec within 6 months of his creating it.
A website for First Round explains that Josh “has been an active entrepreneur and investor in the Internet industry since its commercialization.” He founded the company in 2004 with the purpose of reinventing seed-stage investing. Over 200 startups in technology have been invested in by First Round since its beginning. This makes it one of the country’s busiest venture capital firms.
Introducing Michael Rubin
Forbes also shares the story of Michael Rubin, who was running three ski shops in his near his home town before he had even graduated high school in Lafayette Hill, Pa. He opened his first ski-tuning shop in the basement of his parents’ home when he was only 13 years old. He soon created KPR sports, an athletic company that he named after his parents’ initials.
At the age of 23, Michael bought forty percent of the shoe company known as Ryka, and by the time he was 25, he was the head of a public company worth $131 million dollars. He then sold GSI Commerce to eBay for the sum of $2.4 billion. Later, he purchased parts of the company back from eBay and formed Kynetic. It was with this company that he became a self-made billionaire before he was 40 years old. In October of 2011, Michael, along with many other investors, bought a minority share of the Philadelphia 49ers. Rubin recently closed on a 43.5 million dollar penthouse in the West Village.
Of course, one of the keys to becoming a successful entrepreneur is in knowing where to cut costs and save money when starting out. For those small business owners who need an office space, but are not yet ready to invest in a commercial office building, shared office space may be right for you. Offix offers coworking space in Wellington and shared office spaces to rent in Wellington for a fraction of what a traditional commercial space for lease would be.