Enjoy These Business Tips From A Billionaire Who Used To Be A Hobo [VIDEO]

29 Oct 2013 by Jasmine Stone in Consequence, Economics, Finance, Insight, Video

Related Posts

• Springbok Duane Vermeulen Had To Shut Down Business After Being Burgled Beyond Repair
• Man Faces Two Years In Dubai Prison For Criticising Dog Grooming Business In Google Review
• Shoprite CEO Gets A R20 Million Raise While Woolies CEO Gets A R57 Million Cut
• South Africa Kissed Another 133 Businesses Goodbye In July, Bringing Total Liquidations To 892 This Year
• South Africa's Top-Selling Mixer Brand Is Now Tantalising Tastebuds In The UK

John Paul DeJoria was a hobo – but he always had good taste. Even in his homeless days, he slept in an old Rolls Royce along LA’s Sunset Strip. But he had plans – he and cofounder of his business, Paul Mitchell got together about $700 and hit the pavements, going door-to-door in an attempt to make some sort of profit. Years later, DeJoria and Mitchell are in more comfortable conditions, having started the stupendously successful Paul Mitchell Systems.

DeJoria was no one-hit wonder though, going on to cofound Patron spirits – and thereby pretty much invent the luxury tequila market. These two brands alone, Paul Mitchell and Patron, have made DeJoria one of the wealthiest people in America with $4 billion in the bank.

Wanna learn more? Have a squizz.

[Source : Forbes, YouTube]

• ← Presenting: The Complete History Of Coffee [INFOGRAPHIC]
• That Area ‘Just Below Gardens Centre’ Finally Gets Its Own Name →

• 2oceansvibe Partners

  • 
  • 
  • 
  • 
  • 
  • 
  • 
  • 
  • 
  • 
  • 
  • 
  • 
  • 
  • 
  • 
  • 
  • 
  • 
  • 
  • 
  •