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Just in time to get paid by the retailer and pay their distributor. , it wasn’t a business so it didn’t need a business plan.Apple Computers started with a few simple transactions of a quality product. 2018 Revenue: .47 Billion As most of you probably know, Facebook was started by Mark Zuckerberg in February 2004 as a social networking site for his fellow Harvard students. It was just a promising idea that created a growing community with big potential.
They simply wanted to create a better search engine that ranked websites based on their relationships to one another rather than the number of times the search term existed on the page.Google wasn’t even a company until 32 months later when they incorporated in September 1998 so they could hire their first employee. was started as “David and Jerry’s Guide to the World Wide Web” by Jerry Yang and David Filo (also Stanford graduate students) in February 1994.Their solution to finding information on the internet was to create a directory of websites, as opposed to a searchable index of pages.Just because many of the world’s most successful businesses didn’t start with a business plan doesn’t mean the business plan is an worthless tool. If you want to start a business, start with a simple idea that can help a lot of people.Create something out of that idea and let it grow naturally.2018 Revenue: 8.94 Billion General Electric was founded in 1890 by Thomas Edison as a vehicle to sell his inventions.Edison had been inventing for 14 years prior to founding the company.Some of his 1,000 inventions included the incandescent light bulb, motion picture camera, and alkaline storage battery. This is my favorite Thomas Edison quote and an incredible lesson in entrepreneurship: 2018 Revenue: .81 Billion If you read about the 10 World Famous Companies that Started in Garages, you’ll know that the world’s largest media conglomerate had humble beginnings.From an entrepreneurial perspective, Edison created over 1,000 products before he started his company. Walt Disney started the company with his brother Roy as a creative studio with a character named Alice.Maybe a business plan would’ve expedited that process, but I believe it’s best to let businesses grow naturally rather than trying to rush things.2018 Revenue: .79 Billion Nike’s roots started in 1962 when its company’s founder, Philip Knight, graduated from the University of Oregon and decided to travel across Japan. During his visit to Japan, he came across Onitsuka Tiger Co and offered to import their shoes so he could resell them in the US. 2018 Revenue: .14 Billion Cisco started in 1984 when the manager of the Stanford computer science laboratory, Leonard Bosack, wanted to communicate with his wife, Sandra Lerner, from across campus.