SiliconIndia | Monday, 27 February 2012, 16:54 IST
Bangalore: The world has changed the people’s way of thinking as they are finding their own ways of getting richer day by day by quitting their jobs. So, do you want to be one among them?
If yes, then the 1st reason for you to quit your present job may be because you must be bored of serving for others and then you must have made up your mind to get richer by yourself by your own hard work. But there’s one thing you must keep in mind, i.e., you must be lucky enough to get the chance of becoming rich along with your hard work.
So, if you are in any plans of making millions by building up your own career, here are few millionaires from whom you can get inspired as they have turned their dreams of becoming rich into reality by their own hard work as reported by Michelle Fox on Yahoo Finance Website.
1. Rick Wetzel and Bill Phelps, Wetzel’s Pretzels
These two guys were working for the Nestle when they got an idea of starting Wetzel’s Pretzels. The idea was 1st suggested by Wetzel’s wife to start soft pretzels [snacks] to sell at the mall. To start this business Wetzel sold his Harley Davidson to raise their funds to start it during their leisure times. When all the recipes were created at Phelps’ kitchen these two guys persuaded a mall landlord by giving him to taste their recipe. Later as the land lord liked their food’s taste, he rented Wetzel’s Pretzels its first store.
Their lucky charm started to work after a year later of their business when they were offered a partition package by Nestle. With that separation by the Nestle they opened up several more stores before decoding to franchise in 1996. At present, there are about 250 stores United States and they have plans of opening their stores in Japan and India this year.
2. Shep and Ian Murray, Vineyard Vines
These brothers were dejected sitting behind desks at their corporate jobs in Manhattan. Shep resigned from his job as an advertising account executive in the year 1998 and on the same day his brother Ian resigned from his job.
After quitting their jobs they started the Vineyard Vines which was a tie company based on Martha’s Vineyard. They started selling their product at beaches, boats and in bars and with that they were able to sell 800 ties within the first week of their business.
With that at present they are having around 18 freestanding Vineyard Vine retail stores across the U.S., and their product can be found in about 500 stores at present. The company projected about $100 million in sales for 2011.
3. Terry Finley, West Point Thoroughbreds
When Terry was completing his military service in the year 1990, he along with his wife Debbie, bought a horse worth $5,000. Terry got addicted to horse racing when his horse Sunbelt won its 1st race.
This 1 win was enough for him to quit his insurance job. After he quit that job, he concentrated more on his passion and by that enthusiasm he started West Point Thoroughbreds with his better half [wife].
At present, this West Point Thoroughbreds buys 20 to 25 horses every year and since 2007 its horses have won more than 20 percent of their races. The annual sale of that West Point Thoroughbreds is nearing $7 million.
4. Rakesh Rocky Patel, Rocky Patel Cigars
Rocky Patel is the Indian born American, who was originally a Hollywood lawyer and he had represented several movie stars including Arnold Schwarenegger and Gene Hackman.
It was at that time when he got exposed to smoking cigars while spending time with the actors. He was the one who introduced Indian tobacco blend in the mid 1990s and he had almost sacrificed 15 long years of his life to start this business.
Even though his friends and colleagues warned him to leave such a profitable practice for an industry he didn’t know, he saw an opportunity to create a product he thought which was missing in the market.
His business took a good turn with the first big success that came in the year 2003 with ‘The Rocky Vintage Series,” which earned him high ratings and tributes.
His cigar company now produces 20,000,000 cigars annually and in 2011 it had sales in excess of $40 million.
5. Kim and Beaver Raymond, Marshmallow, Fun Company
Kim and Beaver quit their jobs when their dream home made toy for their son became a big hit surprisingly.
They both were working in the fashion industry in 2002, when they made marshmallow “shooters” out of PVC pipe to their son’s birthday party.
With this success, the couple along with some of their friends figured out how to construct and market a new toy marshmallow shooter and at this time the Marshmallow Company took its birth.
The company sold more than $7million worth of shooters in the year 2010.
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