The movie The Social Network showcased Mark Zuckerberg’s ability to create an enormous business from seemingly nothing. Not all entrepreneurs have been accepted to Harvard like Mark Zuckerberg or Bill Gates to hit it big. However, having the intelligence to get there doesn’t hurt.
I grew up next door to a very smart man who worked his way through a state college and started a little company with $5000. That man was Leonard (Sam) Shoen who created U-Haul by asking gas station owners to let him rent trucks from their lots. Amerco is now the parent of U-Haul and is a far cry from the corner gas station beginnings.
There are plenty of Leonard Shoen and Sam Walton stories out there. Accountingdegree.com recently published a list of 10 big businesses that got started in a garage including:
- Yankee Candle Company
- Harley Davidson
For more detail regarding how each of these companies got started, you can click on each individual company or read the article by clicking here.
To see Steve Jobs’ Commencement Speech at Stanford explaining how he started Apple watch the following video: