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These 10 Entrepreneurs Are Proof That Money, Age and Education Can’t Stop Them from Succeeding

These 10 Entrepreneurs Are Proof That Money, Age and Education Can’t Stop Them from Succeeding

Many people dream of owning their own company and being their own boss. But only a handful of those people actually do it. Many of us simply fall into a routine of working for someone else. No matter what your dream in life is, you can achieve it! Here are some famous entrepreneurs who have sought after their goals and fulfilled their desires, no matter what stage of life they were in!

Ashley Qualls – Founder of Whateverlife.com

    If you think you have to be an adult to start a business, think again! Ashley was 14 when she started Whateverlife.com in 2004. The site offered free Myspace layouts and HTML tutorials to make customizing Myspace pages easier. By 2008 her site was getting 7 million hits per month and included Verizon in a list of high profile companies vying for ad space. It’s encouraging to know that someone at just 14 years old can carve out a nice business for themselves! We can’t wait to see if she does anything else!

    Carrie Greene – Founder of Female Entrepreneur Association

      In 2005, at 19 years old, Carrie was a law student at the University of Birmingham. She had run out of money after her first year and opened a phone unlocking business. She had no knowledge of business building and yet in four years she had over 100,000 visits to her website and over 500,000 views on her YouTube videos. She was generating $500,000 a month!

      During those 4 years, she started the Female Entrepreneur Association with no followers, no fans, and a large desire to bring women together to help support them in business. Within 5 years of starting that endeavor she had over 300,000 fans on Facebook, 100,000 email subscribers, 80,000 hits to the website per month, and generated $90,000 of income per month.

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      And did she drop school to favor her businesses? NO! She continued and graduated on time while running both businesses. She is a true vision that it doesn’t matter if you are young and how busy you are, you can make yourself a success if you want it.

      Lan Yang – Co-Founder of Sun Media

        Lan Yang began her journey to being Hong Kong’s answer to Oprah Winfrey at age 22 by starring in the Zheng Da Variety Show. She has become such a famous face that when she and her husband founded Sun Media, they were able to make it into a major media monopoly. The multi-platform includes television, newspapers, magazines, and websites.

        She has 33 million followers on Weibo (Hong Kong’s version of Twitter), outweighing Oprah’s impressive 18 million followers on Twitter. She most recently launched a charity alliance aimed at promoting transparency in Hong Kong’s philanthropic sector and routinely engages in Ted Talks across her country. Lan Yang knew what she wanted from a young age and has worked her way to the top without ever depending on someone else to do the work for her.

        Sergey Brin – Co-Founder of Google

          If you need inspiration for entrepreneurship, look no further than Sergey Brin. He co-founded Google with Larry Page in 1998, at the age of 25. They named it Google after the mathematical term Gogol in their mission to organize the immense amount of information that is available on the web. Both he and Larry raised $1 million from friends, family, and other investors to begin the daunting task of organizing the web and have successfully become the most well known search engine in history.

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          As of 2016, the search engine handles more than one trillion searches in a single day. Sergey is now worth $43.9 billion between his success at Google and various other projects he has taken on since then.

          Sara Blakely – Founder of Spanx

            Sara is a self-made billionaire who founded, and still owns Spanx. At age 29, she spent her only $5,000 to invest in her idea for slimming and shaping undergarments. She was a door-to-door fax salesperson when she designed the undergarment to wear under white slacks (which are not as forgiving as black slacks). In the first year of promoting her invention, she would set up a folding table in the foyer of Neiman Marcus and do her best to sell as many as she could. It’s true when we say, “it doesn’t matter how you get there as long as you make the start!”

            Jeff Bezos – Founder of Amazon

              You can’t talk about successful entrepreneurs and not mention Jeff Bezos. Amazon is the leading e-commerce site all over the globe and it’s major success is due to Jess Bezos, his tenacity, and hard work. At 30 years old, in 1994, he left a cushy New York hedge fund job to begin Amazon as an online book store. Now the online leader sells everything you can possibly imagine, offers self publishing for e-Books, and digital video entertainment services. He also has his hands in aerospace, with his company Blue Origin, developing reusable rockets that will transport people.

              Many people think that at 30, they are in their career. Jeff looked beyond and decided to engage his passions rather than work a traditional financial position.

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              Cher Wang – Co-founder of HTC

                Cher Wang loves her technology and certainly did well by helping start HTC in 1997 when she was 39 years old. Not only has she stayed with the company through it’s ups and downs, she now oversees the latest release of the HTC One (M8) and has seen to it that they were launched across the four largest US phone carriers, a first for HTC and hopefully not the last.

                Vera Wang – Fashion Designer

                  Everyone knows Vera Wang as a major wedding dress designer. However, she began her fantastic career as a fashion editor for Vogue and eventually a design editor for Ralph Lauren. It was after she designed her own wedding dress, at 40 years old, that her introduction to fashion designing truly began. Sometimes the path to our major success includes life lessons along the way that support what we should be doing. In Vera’s case, she always had a flair for fashion and she brought what she learned as editor and director to her designs!

                  Henry Ford – Founder of Ford Motor Vehicles

                    Henry Ford is known for being a fantastic engineer and a spokesperson for fair wages for labor. We all know he designed and manufactured the Model T in 1908. But did you know that he was 45 years old when he created the iconic vehicle? It goes to show that when you have an idea that could revolutionize the world, who cares how old you are?

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                    Arianna Huffington – Founder of Huffington Post

                      At 55 years old, Arianna Huffington started Huffington Post. Read that again…..at 55 years old! The blog site quickly became a huge success and was eventually purchased in 2011 by AOL. Prior to HuffPo (as many refer to it), Arianna was a conservative commentator when she made the move to start her own website. She has written many books over the years and has most recently published The Sleep Revolution. In 2016, she started Thrive Global, a start-up devoted to health and wellness. She is now 66 years old and going strong!

                      Most of us think that we need to go to college first, get a degree, and then get a traditional job. These famous entrepreneurs show that it does not matter how old you are, what your level of education is, or how much money you have, you can become your own successful boss and launch an amazing company to do fantastic things that change the world. They may have been afraid to step out and take on their dreams but they did not let that fear grab them and hold them back. So what are you going to do with your life?

                      Featured photo credit: Unsplash via unsplash.com

                      More by this author

                      Angela Kunschmann

                      Angela is a passionate writer who shares communication and lifestyle tips on Lifehack.

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                      1 Why Perspective Taking Is an Essential Skill for Success 2 How to Take Calculated Risk to Achieve Success 3 How to Write SMART Goals (With SMART Goals Templates) 4 How to Give Constructive Feedback in the Workplace 5 What Am I Doing with My Life? Find Your Answer Here

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                      Last Updated on June 3, 2020

                      How to Write SMART Goals (With SMART Goals Templates)

                      How to Write SMART Goals (With SMART Goals Templates)

                      Everyone needs a goal. Whether it’s in a business context or for personal development, having goals help you strive towards something you want to accomplish. It prevents you from wandering around aimlessly without a purpose.

                      But there are good ways to write goals and there are bad ways. If you want to ensure you’re doing the former, keep reading to find out how a SMART goals template can help you with it.

                      The following video is a summary of how you can write SMART goals effectively:

                      What Are SMART Goals?

                      SMART Goals

                      refer to a way of writing down goals that follow a specific criteria. The earliest known use of the term was by George T. Doran in the November 1981 issue of Management Review, however, it is often associated with Peter Drucker’s management by objectives concept.[1]

                      SMART is an acronym that stands for Specific, Measurable, Attainable, Relevant, and Time-bound. There are other variations where certain letters stand for other things such as “achievable” instead of attainable, and “realistic” instead of relevant.

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                      What separates a SMART goal from a non-SMART goal is that, while a non-SMART goal can be vague and ill-defined, a SMART goal is actionable and can get you results. It sets you up for success and gives you a clear focus to work towards.

                      And with SMART goals comes a SMART goals template. So, how do you write according to this template?

                      How to Write Smart Goals Using a SMART Goals Template

                      For every idea or desire to come to fruition, it needs a plan in place to make it happen. And to get started on a plan, you need to set a goal for it.

                      The beauty of writing goals according to a SMART goals template is that it can be applied to your personal or professional life.

                      If it’s your job to establish goals for your team, then you know you have a lot of responsibility weighing on your shoulders. The outcome of whether or not your team accomplishes what’s expected of them can be hugely dependant on the goals you set for them. So, naturally, you want to get it right.

                      On a personal level, setting goals for yourself is easy, but actually following through with them is the tricky part. According to a study by Mark Murphy about goal setting, participants who vividly described their goals were 1.2 to 1.4 times more likely to successfully achieve their goals.[2] Which goes to show that if you’re clear about your goals, you can have a higher chance of actually accomplishing them.

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                      Adhering to a SMART goals template can help you with writing clear goals. So, without further ado, here’s how to write SMART goals with a SMART goals template:

                      Specific

                      First and foremost, your goal has to be specific. Be as clear and concise as possible because whether it’s your team or yourself, whoever has to carry out the objective needs to be able to determine exactly what it is they are required to do.

                      To ensure your goal is as specific as it can be, consider the Ws:

                      • Who = who is involved in executing this goal?
                      • What = what exactly do I want to accomplish?
                      • Where = if there’s a fixed location, where will it happen?
                      • When = when should it be done by? (more on deadline under “time-bound”)
                      • Why = why do I want to achieve this?

                      Measurable

                      The only way to know whether or not your goal was successful is to ensure it is measurable. Adding numbers to a goal can help you or your team weigh up whether or not expectations were met and the outcome was triumphant.

                      For example, “Go to the gym twice a week for the next six months” is a stronger goal to strive for than simply, “Go to the gym more often”.

                      Setting milestone throughout your process can also help you to reassess progress as you go along.

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                      Attainable

                      The next important thing to keep in mind when using a SMART goals template is to ensure your goal is attainable. It’s great to have big dreams but you want your goals to be within the realms of possibility, so that you have a higher chance of actually accomplishing them.

                      But that doesn’t mean your goal shouldn’t be challenging. You want your goal to be achievable while at the same time test your skills.

                      Relevant

                      For obvious reasons, your goal has to be relevant. It has to align with business objectives or with your personal aspirations or else, what’s the point of doing it?

                      A SMART goal needs to be applicable and important to you, your team, or your overall business agenda. It needs to be able to steer you forward and motivate you to achieve it, which it can if it holds purpose to something you believe in.

                      Time-Bound

                      The last factor of the SMART goals template is time-bound (also known as “timely”). Your goal needs a deadline, because without one, it’s less likely to be accomplished.

                      A deadline provides a sense of urgency that can motivate you or your team to strive towards the end. The amount of time you allocate should be realistic. Don’t give yourself—or your team—only one week if it takes three weeks to actually complete it. You want to set a challenge but you don’t want to risk over stress or burn out.

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                      Benefits of Using a SMART Goals Template

                      Writing your goals following a SMART goals template provides you with a clearer focus. It communicates what the goal needs to achieve without any fuss.

                      With a clear aim, it can give you a better idea of what success is supposed to look like. It also makes it easier to monitor progress, so you’re aware whether or not you’re on the right path.

                      It can also make it easier to identify bottlenecks or missed targets while you’re delivering the goal. This gives you enough time to rectify any problems so you can get back on track.

                      The Bottom Line

                      Writing goals is seemingly not a difficult thing to do. However, if you want it to be as effective as it can be, then there’s more to it than meets the eye.

                      By following a SMART goals template, you can establish a more concrete foundation of goal setting. It will ensure your goal is specific, measurable, attainable, relevant, and time-bound—attributes that cover the necessities of an effectively written goal.

                      More Tips About Goals Setting

                      Featured photo credit: Estée Janssens via unsplash.com

                      Reference

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