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Aug 30, 2014
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Cool Jobs: How One Man Turned Party Hobby Into a Money-Maker'

Events entrepreneur James Carter turned a love for enjoying Atlanta's nightlife scene into a bankable brand companies buy into.

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CAREER

Entrepreneurs are known to have many qualities—persistence, leadership skills and a never-say-die attitude, to name a few. But even with those skills, even the most successful entrepreneurs have made their share of mistakes—and sometimes catastrophically. Robert Jordan, author of How They Did It: Billion Dollar Insights from the Heart of America (RedFlash Press $24.95) spoke with 45 successful entrepreneurs to gain an understanding of what it takes to successfully launch and grow a business. Among those featured is Joe Mansueto, founder of Morningstar, who sold the company for $2 billion, Raj Soin, who launched Modern Technologies Corporation (MTC) before selling it to BAE Systems for $425 million, and others who have taken their companies public in billion-dollar transactions. To be included in the book, they had to launch, grow and sell a company for approximately $100 million or go public for at least $300 million and had to be self-made, according to Jordan. “So the range ended up so that at the low end, Viresh Bhatia sold InstallShield for about $78 million and the high end was Dane Miller, who took Biomet private for $12 billion.” But what mistakes did these multi-millionaires make along the way and what can be learned from them? Read on... —Alan Hughes
Top 15 Industries That Breed Millionaires
Wealth management company reveals industries with highest percentage of male, female millionaires.

SMALL BUSINESS

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This Entrepreneurial Inventor Raised Nearly $1 Million On Kickstarter
These crowdfunding campaigns have been able to raise a million within 24 hours.

TECHNOLOGY

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Board Diversity: Top Tech Companies Without Black Corporate Directors
In our research for the BLACK ENTERPRISE Registry of Corporate Directors, we discovered that 74…

LIFESTYLE

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10 of the Best Celebrity ALS Ice Bucket Challenges
Helping to raise more than $50 million for ALS, we've rounded up the best ALS…


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