SuccessBios.com » success story http://successbios.com/blog Inspiration, Education, Motivation Fri, 11 Dec 2009 03:54:46 +0000 http://wordpress.org/?v=2.9.1 en hourly 1 Deep in Debt to a $100 Million Company http://successbios.com/blog/deep-in-debt-to-100-million-company/ http://successbios.com/blog/deep-in-debt-to-100-million-company/#comments Sun, 26 Apr 2009 22:57:09 +0000 Ken Kurtz http://successbios.com/blog/?p=149 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.

]]> http://successbios.com/blog/deep-in-debt-to-100-million-company/feed/ 1 Success Story – Infopreneur Raises $112 Million http://successbios.com/blog/success-story-infopreneur-raises-112-million/ http://successbios.com/blog/success-story-infopreneur-raises-112-million/#comments Thu, 16 Apr 2009 16:24:52 +0000 Ken Kurtz http://successbios.com/blog/?p=133 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.

]]> http://successbios.com/blog/success-story-infopreneur-raises-112-million/feed/ 0 We Want Your Success Story! http://successbios.com/blog/we-want-your-success-story/ http://successbios.com/blog/we-want-your-success-story/#comments Wed, 15 Apr 2009 03:52:09 +0000 Ken Kurtz http://successbios.com/blog/?p=123 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.

[Read More Here]

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