💰 Wealth 💰

17 March 2024 17:29

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💰 Wealth 💰

08 January 2024 17:29

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💰 Wealth 💰

01 January 2024 02:55

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💰 Wealth 💰

27 December 2023 11:52

Aerodrums was founded in 2011 by Richard Lee and Yann Morvan to solve the problems that drummers have when transporting their instrument.

The idea was to make a revolutionary air-drumming instrument to allow users to practice their skills using virtual reality which they've successfully productized.

In January 2016 they appeared on Season 13th of Dragons’ Den UK seeking £75,000 for 5% of equity valuing the company at £1,500,000.

The first Dragon to back out was Touker Suleyman because he thought there was no value in the business. Lee and Morvan were offered the £75,000 investment between two Dragons but with a 40% stake in the company.

The founders declined the offer because they believed it was too much equity to give up.

As of 2021, the company is estimated to be worth about $10 million (a bit dated stat, right?... but still they're in business) watch their dragon's den pitch, you're going to learn a thing or two about deal making or not making 😀😉 ⬇️

💰 Wealth 💰

20 December 2023 07:06

Top three Dragons' Den rejects that went on to make millions 🐲

1. Shaun Pulfrey's Tangle Teezer
2. James Nash's Cup-a-Wine
3. Rob Law's Trunki Suitcase

💰 Wealth 💰

17 December 2023 10:30

Aaron Krause, the "Scrub Daddy," entered the Shark Tank seeking $100,000 for 10% of his smiling-face sponge - Scrub Daddy, a smiley face-shaped sponge that changes hardness depending on water temperature. The double-sided mouth portion of the sponge’s smiley face design is intended to make scrubbing utensils easier.

Lori Greiner invested $200,000 for a 20% stake. In 2023, the net worth of Scrub Daddy is $250 million, making it one of the most successful products pitched in the tank.

💰 Wealth 💰

29 November 2023 17:29

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💰 Wealth 💰

20 October 2023 15:50

Real estate investing questions for you 🫵🏼

3.2.1... ⏰

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16 October 2023 06:53

"Do things that don't scale."

― Paul Graham
#Quoteoftheweek

💰 Wealth 💰

12 October 2023 18:29

🔰 English Grammar Books ♨️
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💰 Wealth 💰

09 October 2023 06:28

"Everything you want to be, you already are. You're simply on the path of discovering it."

― Alicia Keys
#Quoteoftheweek

💰 Wealth 💰

04 October 2023 06:49

Here's today quiz questions for you 🫵🏼

Following us on Instagram?

Then, easy peasy lemon squeezy 💃🕺

3.2.1... ⏰

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💰 Wealth 💰

02 October 2023 07:05

"I've always felt that if you're not on your side, why should anyone else be. So I always encourage people to be confident, and sometime even a little falsely so, just so you can give yourself an opportunity."

― Robert Downey, Jr.
#Quoteoftheweek

💰 Wealth 💰

30 September 2023 18:29

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27 September 2023 07:53

Here's today quiz questions for you 🫵🏼

If you are following us on Instagram, you're going to nail it easily though 😏

But we are happy 😃

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11 February 2024 17:29

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💰 Wealth 💰

04 January 2024 17:29

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29 December 2023 17:29

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💰 Wealth 💰

23 December 2023 19:06

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19 December 2023 17:29

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💰 Wealth 💰

17 December 2023 10:30

Back in 2007, Reggae singer and chef Levi Roots pitched his spicy Reggae Reggae Sauce to the Dragons’ and successfully managed to secure £50,000 to manufacture his product.

In return, Levi Roots was offering 20% of the equity in his business. The sauce is a secret recipe from Levi's grandmother. He was told there was “no
future for this business” by Duncan Bannatyne but Peter Jones and Richard Farleigh saw something else and invested £50,000 for 40% equity in the company.

Reggae Reggae sauces are now stocked in all major UK supermarkets, taking London-based Roots’ worth to an estimated £30 million according to the Sunday Times Rich List.

💰 Wealth 💰

28 October 2023 19:47

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💰 Wealth 💰

16 October 2023 06:56

🔔 Do you know who Paul Graham is?

💰 Wealth 💰

15 October 2023 15:50

💡One way to start a startup...

Initial funding for Airbnb came from selling boxes of repackaged generic cereals coined as 'Obama O’s’ and ‘Cap’n McCain’s’ during the 2008 US presidential election.

By pitching the cereals as
a limited-edition collector item, Airbnb founders sold each box for $40. This wildly creative idea helped generate about $30,000 then.

Today, 16 years since it was founded, Airbnb is worth more than $80 billion.

#nowyouknow @financialfreedommagazine

💰 Wealth 💰

10 October 2023 06:32

Can you 🫵🏼 match the following brands with their relevant faces?

3.2.1... ⏰

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💰 Wealth 💰

08 October 2023 10:56

Michael Jordan has become the first professional athlete to join the Forbes 400 with a net worth of $3 billion

Although Jordan earned just $94 million in his 15 NBA seasons, he made billions from brand endorsements and investments over the years. His most recent yearly royalty check from Nike was around $260 million.

In August, Jordan sold his majority stake in the Charlotte Hornets which made him join the Forbes 400 list. Previously, he has involved in businesses such as car dealerships, restaurants, premium tequila brand and, equity investments.

@financialfreedommagazine

💰 Wealth 💰

03 October 2023 18:29

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💰 Wealth 💰

01 October 2023 13:57

10 richest football clubs in the world ⚽

#nowyouknow

💰 Wealth 💰

29 September 2023 18:29

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💰 Wealth 💰

25 September 2023 06:47

"If you get the quality right, then the marketability or your ability to sell videos or your ability to earn money or whatever, will follow naturally. But try to be creatively lead rather than market lead."

― Rowan Atkinson
#Quoteoftheweek