Pulpit rock

Building a Skateboarding Enterprise: The Rob Dyrdek Story

Rob Dyrdek grew up in Ohio (not the typical skateboarding Mecca), and after discovering the skateboard became ingrained in the small but passionate local skate scene. Quickly becoming a pro, he moved to San Diego to engulf himself in the real skateboarding Mecca at the time, San Diego, and received lucrative sponsorships.

Most interesting about Rob’s rise to wealth is that during his early career he would negotiate a small equity stake in his sponsors (similar to Jay Z’s approach when dealing with interested record labels). After this, Rob began to branch out his business enterprise but was unsuccessful in his first few ventures, one of which was a skateboarding retail store (similar to Mark Cuban’s first few ventures failing).

In this video below from Inc., Dyrdek describes his upbringing, and also some of the important lessons he learned while pursuing different business opportunities.

One of the first ventures to really burst Rob’s popularity and exposure was [Read more...]

Don’t quit – The Tyler Perry Story

Biography’s profile of Tyler Perry. The title pretty much says it all. In my opinion this is one of the best videos Biography has done simply because Perry’s perseverance is so astounding. He had to deal with a physically abusive father and later became broke, living in his car (Just like Robert Kiyosaki).

All this misery happened before Perry even started producing plays (which is what ultimately amassed his wealth). Even when Perry began producing plays he never made a profit for seven years.


He took odd jobs like being a car salesman or a bill collector in efforts to finance his productions, which would all fail. Perry eventually became so depressed he considered suicide. Taking refuge in his religious believes, Perry decided he would produce one last play, and if it failed he would give up his passion completely.

Most interesting is that on Perry’s final play he used different marketing efforts. Perry included [Read more...]

The Marvelous Man behind Maxim Magazine: Felix Dennis

Felix Dennis is an extremely successful entrepreneur and peculiar individual. His rise to wealth came in the form of owning various successful publications, such as Maxim.

What makes Felix so interesting is that he was:

• At one time addicted to crack cocaine (he started abusing the same year he started Maxim)
• Briefly jailed in England for obscenity (he learned how to make a lethal weapon out of a packet of cigarettes, some Swan Vesta matches and a bar of soft soap)
• Claimed to have murdered someone during a major interview

Despite all this, Felix managed to create a huge business for himself (so if you’re currently addicted to crack you still have a chance!). His first success was creating a magazine called KUNG FU MONTHLY shortly after Bruce Lee died, and he also was one of the pioneers of computer magazines. He now owns more that 50 titles in Britain and Australia. Felix’s continued expansion clearly fueled his business. His current net worth is between $400 and $900 million.

When speaking about business Felix states what is most important to him:
“Prune overhead regularly; team spirit is for losers; pay yourself just enough to eat; and [Read more...]