Whew! Has it been awhile since I've been on here! Sorry but there were some things that unfortunately took up my time! However, I am back and with an updated post!
So last night, I caught 20/20's special interview with Barbara Walters and four billionaires: Lynn Tilton (founder of Patriarch Partners), Guy Laliberte (founder of Cirque du Soleil), John Paul DeJoria (co-founder of Paul Mitchell), and Tony Hsieh (founder of Zappos.com). Walters sat down with all individually and got the scoop on how each started out: with nothing! Yep! These are self-made billionaires that didn't have very much in the beginning of their lives but found that one thing that sparked their interest and as they say: the rest is history.
Each one basically stated they took risks and ran with the idea. Tilton saves businesses and some of her clients include Stila Cosmetics, Spiegel Catalogues and Rand McNally. Her advice: follow your dreams and don't make it about the money.
Laliberte started Cirque du Soleil in Canada and brought it to the states in 1987 after he created the company. His advice: take risks.
DeJoria started out as a salesman and ended up working in the hair industry where he met Paul Mitchell and both decided to start their company together. Unfortunately, Mitchell passed away in 1989 but DeJoria continues to run the company along with his latest project Patron. (Yes, the tequila.) His advice: giving back and giving others the tools to take care of themselves.
Hsieh, a Harvard grad sold frozen McDonald's burgers to classmates and is now the CEO of Zappos.com. His advice: one could lose everything and still be happy.
After each one was successful, they made sure to pay it forward and gave back whether through charities or their own organizations and were more than happy to do it.
(If you missed the special, make sure to catch it on ABC's site. Just click the title to watch the video.)
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