I have been chatting with a friend about how to make more money these days, with less effort, minimal capital but good profit. And then I found this website about Naveen Jain – Wizard of the Information Industry.
He used to work in Microsoft for 7 years, and now is listed in Forbes 400 with a net worth of $2,200 mil. During his career years in Microsoft, he was involved in OS/2, and MS-DOS, as well as Windows NT and Windows 95, systems for which Naveen Jain still owns patent rights. He then later became a group manager at Microsoft and launched Microsoft’s online service, The Microsoft Network.
Got tired of making billions for Bill Gates, he founded InfoSpace (with little financing), an internet technology company once heralded as the next Microsoft. He took the company public on NASDAQ in 1998. InfoSpace became the Internet content supplier which provides horoscopes and stock quotes to AOL, Lycos and other Web sites.
He then founded Intelius in January of 2003. Intelius started out as an online information service providing “intelligence” on individuals, including court records, property holdings, address information, and the various associations between people.
The point here is how with experience and sheer determination, a person could build a business (and even more businesses) and make it a success. Quoting from a website on Bootstrapping : the secret to entrepreneurial success seminar in which Naveen Jain was one of the panelists,
“Bootstrapping is the act of starting a business with little or no external funding. Bootstrappers don’t write lengthy business plans, chase deep-pocketed investors, or indulge in overly academic market research exercises. Instead, they focus all of their considerable energy, brainpower, determination and skills on creating a business that can actually succeed in the real world.”
I hope I will find the courage and strong inspiration to get it moving. Who knows in years to come I might be invited as one of the panelists in any entrepreneurship seminar..heh!
*This is a sponsored post*
