Author: Washim
American Express: The most prestigious of all the credit cards. Visa, MasterCard everybody has those, but only a select few have American Express. Here I’ll prove it. In 2019 there were over 3.3 billion visa cards out there, over 2 billion mastercards and only 114 million American Express cards. That is a big difference. How American Express is so successful? There’s 29 visa cards and 17 mastercards for every one American Express. And that’s because they’re not as concerned with volume, in fact they do a lot of things differently. For example, visa and MasterCard are issued by banks, whereas…
In this article, we’re going to talk about MAN Company. How a successful company of its time, failed miserably? Why Man Trucks Failed What was the reason for their breakdown and what made MAN company left India? Timeline of the Man Trucks and Buses in India 2003 This was in 2003, India’s one of the biggest automobile company Force motors who manufactured minibuses and mini trucks. Force decided to step into the Heavy vehicles segment and to manufacture big trucks too. The idea was great at that time, but Force also knew that it will not be easy for them…
What is Vijay Shekhar Sharma’s business and revenue model that helped them get close to half a billion dollars in revenue? Paytm Business Model | Paytm Revenue Model | How Does Paytm Make Money?
Not too long ago before the word start-up was coined, business was about making money, it was about profits. India’s loss making startups See business used to be a lot simpler than it is today. You built something, you sold that something, you made money from that sale and then you used that money to grow your company, so that you could build more of that something and sell more of that something and so on and so forth. It was a cycle. It was predictable and reliable and consistent. But that’s not the way that business works anymore, at least not for start-ups. Today we can take replace it…
In the past few years, the leaps being made in our entire global economic system are quicker and larger than ever. Not many economists or tech experts can answer with confidence how they envision the economy 20 years from today. As new technologies are prevailing, new horizons are being tapped and new industries are being shaped that we never thought of until recently. Being able to forecast these changes will be the most critical factor in your decision to pursue a certain career or invest in one industry or the other. That’s why we thought we should imagine together which…
The Timberland company’s classic, yellow boot is cemented in the memories of hip-hop fans and outdoorsmen alike. Timberland Success Story While Timberland’s profits increased dramatically at the height of its popularity in the ’90s, the brand seemed to struggle with just how big of an impact the hip-hop community had on its bottom line. How the Timberland boot became a Hip-Hop Icon {Timeline} The Abington Shoe Company was founded in 1933, supplying unbranded shoes to distributors across the U.S. In 1973, the company decided to create a waterproof, Nubuck leather boot that could withstand the harsh New England elements. They…
These are Crocs. And a lot of people think they’re really ugly. People who love to hate Crocs had cause to celebrate in 2008 when investors were writing the company off as a passing fad. Crocs lost over $185 million that year and cut about 2,000 jobs. The stock plunged to just over $1 a share from a high of about $69 a year earlier. But over the next decade, Crocs would go on to sell over 700 million pairs of shoes worldwide. Recently, the clogs have been strutting down runways at luxury fashion shows. Celebrities like Justin Bieber, Ariana…
Lounging by pools, buying the finest clothes, scrunching at expensive restaurants, and drinking enough mimosas to fill your in-ground swimming pool, overlooking the Hollywood Hills that’s what a lot of people think the life of a billionaire wife is, at least. In my group of colleagues, I’ve seen a rather different side of things, I’ve seen fundraisers raising billions of dollars, life-changing day jobs, International volunteer trips, and hours and hours spent developing and running companies. Today we’re going to take a look at some of the wives of famous billionaires and see exactly how they’re making a living and…
The dominoes we know and love today has become a billion-dollar empire. But before it joined the ranks of McDonald’s and KFC, it was an unwanted pizza store. That changed when the founder went from being homeless to the genius behind delivering for free. Let’s find out How Dominos was made in this blog? THE UNWANTED CHILD – 28 years before Domino’s Opened In 1937, TOM was born on Saint Patrick’s Day in Ann Arbor, Michigan. When Tom was just four years old, his father passed away on Christmas Eve. Without their father, Tom’s mother could no longer afford to…
Decades ago few Americans knew what coffee was and some thought it came from a can. But a small retailer from Seattle changed that and later became the biggest coffeehouse chain in the world, STARBUCKS. While the company was founded by three friends it wasn’t them who transformed STARBUCKS into a hundred billion-dollar Company. But did you know how Starbucks was made? It was an outsider, a poor kid from Brooklyn who had just graduated from high school the year that STARBUCKS was born. Timeline of STARBUCKS 1962 In 1962, Gordon Bowker was a student at the University of San…