BUS477

I was watching Oprah (as usual) on Thursday and the showed featured young entrepreneurs who turned into millionaires almost overnight. Aside from featuring the Olsen twins, there were 2 entrepreneurs, Gurbaksh Chahal & Tony Hsieh, who started their first business online and made big money from selling their business off to Yahoo! or other big corporations.

Tony Hsieh is the CEO of Zappos, a company that sells shoes online. He is an interesting case because he is only getting an annual salary of $36,000 US for his CEO position. He's doing his job for "fun" practically because he enjoys it so much. Also, another reason he doesn't seem to "care" about money is because he became filthy rich from selling his first business for $265M.

Gurbaksh Chahal dropped out of highschool to pursue his business goals and gave some pretty good insight. He believes that money should not be the ultimate goal when starting a business and that you should be driven to start a business because you are passionate about it.

To find out more, feel free to check out the following URLs:

More about Tony:

http://www.oprah.com/media/20081015_tows_zappos

http://www.oprah.com/slideshow/oprahshow/20081015_tows_olsentwins/14

More about Gurbaksh:

http://www.oprah.com/slideshow/oprahshow/20081015_tows_olsentwins/10