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Archive for April, 2009
Deep in Debt to a $100 Million Company
Posted by Ken Kurtz in Success Biographies on April 26th, 2009
It took a few years, but after burning through $100,000 in seed capital and maxing out their credit cards, two friends turned a sinking-ship, start-up enterprise into a $100 million success story.
Success Story – Infopreneur Raises $112 Million
Posted by Ken Kurtz in Success Biographies on April 16th, 2009
Rosseta Stone – known for its instructional CDs teaching people to speak different languages – sold 6.25 million shares of its stock today, April 16, 2009, raising $112.5 million.
Shares trade on the New York Stock Exchange under the symbol: RST.
Shares were up 44% today according to Reuters. The Initial Public Offering was priced at $18.00 but prices opened around $25.00 per share.
Not bad for a company going public in one of the worst bear markes in history.
Another success story and example of the huge potential of selling information products.
Based in Arlington, Virginia., the company was founded in 1991 and is run by 36 year old Tom P.H. Adams. Adams is Rosetta’s President, CEO, and Director.
According to SEC filings, Mr. Adams owns 506,000 shares of common stock and another 350,000 shares subject to stock options, making him a wealthy, infopreneur millionaire.
Rosetta was purchased from its founders in 2006 by private equity firms Norwest Equity Partners and ABS Capital Partners.
We Want Your Success Story!
Posted by Ken Kurtz in Success Biographies on April 14th, 2009
By Ken Kurtz
This blog is here to provide inspiration, motivation and education. We’re all here to share and learn.
If you have a success story that might benefit our little online community and help you get some exposure, then I say Bring It!
Our readers want to hear how you beat the odds and overcame your challenges to become a success.
The Cheapest, Fastest and Easiest Way to Start a Business Online
Posted by Ken Kurtz in Affiliate Marketing on April 13th, 2009
By Ken Kurtz
There are many ways to make money online, but I believe that the cheapest, fastest, easiest and hands down best way to build your business skills and infrastructure online is to start by selling products as an affiliate marketer.
An affiliate is someone who acts as a middle-man and earns a commission on a sale – much like a broker.
In the online world, it works is like this:
Wisdom and Success in Life
Posted by Ken Kurtz in Uncategorized on April 2nd, 2009
A friend forwarded this great nature slide show filled with words of daily wisdom for success in life, played to relaxing music. Grab a cup of coffee, wine or your favorite beverage and watch and relax for a few minutes.
(You’ll need PowerPoint to view this)
