Mama Jo has been serving breakfast staples like bacon, egg, and cheese sandwiches and omelets and traditional Greek pastries, such as spanakopita and baklava, from her food truck in Midtown Manhattan for over 35 years. She claims to be NYC’s oldest street food vendor and isn’t planning on retiring her legendary food cart any time soon.
Mama Jo’s breakfast menu is longer than some dine-in restaurants’ menus, and it’s all done without sacrificing quality. She gets her ingredients fresh every morning in Astoria, Queens, serves food with a smile, and genuinely cares about her customers, really earning the name Mama Jo.
Jewelry designer Kendra Scott believes she's living the American dream. She is a college dropout who became an entrepreneur. Sixteen years later, that business is worth a billion dollars. Gayle King spoke with the mom of three at her headquarters in Austin.
Jeni Britton Bauer started Jeni's Splendid Ice Cream in a small stall in Columbus nearly 25 years ago. Today, Jeni's Splendid Ice Cream has 36 scoop shops around the country and sells 2 million pints of ice cream annually. After nearly 25 years in the business, making and selling ice cream has been hardwired into her very essence. And that's due, in part, to her upbringing. “I grew up loving ice cream because I'm from the Midwest,” Britton Bauer, tells CNBC Make It.
The Principality of Monaco and its famous Rock have something to dream about and it is real. The prestige and reputation of this attractive territory extends well beyond its borders. For the moment, we drop our luggage and enter one of the flagship hotels of the Société Bains des Mer, the Hotel Hermitage Monte Carlo. It is one of the most intimate palaces of the Principality.
Blue Bottle Coffee offers drip coffee that costs roughly $5 per cup at more than 75 cafe locations around the world. The company touts its high-quality single-origin, freshly roasted artisanal beans. Based on Nestle's 2017 purchase of a majority stake in Blue Bottle the latter has a valuation of more than $700 million.
Before he founded Blue Bottle, James Freeman was a struggling classical musician roasting his own fresh beans as a hobby. Since he was obsessed with drinking the freshest cup of coffee he could find he purchased raw, green coffee beans before heating them himself. Freeman felt that most retail coffee chains over-roasted their beans.
Here's a day in the life of me and my wife Elena Cardone. A private plane from Miami to Houston, real estate shopping, then a trip to Las Vegas to speak at Thrive. How do you build an empire? You're either creating or destroying something every day! If you don't want to do something, but know you should, do it anyway. No matter how you feel. That's how you fast track your way to success .
“Find something you love, and find something that can change a billion lives.”
Dan Peña is by far one of the most eccentric American businessmen. Dwelling in the 550 year old Guthrie Castle in Scotland, Dan was originally known for turning $820 into $450 million in the oil business in the 1980s. Since then he has taken a break from the business world to focus on mentoring elite executives and boasts a net worth creation of $50 billion. As Ripley used to say, “Believe it, or not.”
Robert Kiyosaki is an entrepreneur, educator, and investor, best known as the author of Rich Dad Poor Dad—the #1 personal finance book of all time. He has challenged and changed the way tens of millions of people around the world think about money. And he has become a passionate and outspoken advocate for financial education.
Sweetgreen is now the restaurant world's first “unicorn,” valued at over $1 billion. Started by three college friends out of their dorm room at Georgetown University, the salad company has 91 locations with more in the works and is vying to become the digital food platform of the future.
Within just 6 months of starting her first ecommerce business, it was generating $600,000 USD per month (without funding or investment). She was then instrumental in launching another ecommerce business generating $100,000 USD on the first day. Since then, Gretta has repeated this unique framework for four different businesses and niches, turning each into a multimillion dollar success story. She has seen million dollar sales days for her online stores and just celebrated 5 years since she started her first successful ecommerce store in her kitchen (and yes, it's still going strong!).
He's a Nigerian billionaire, who owns the Dangote Group, which has interests in commodities. His company operates in Nigeria and other African countries. As of January 2015, he had an estimated net worth of US$18.6 billion. He's Aliko Dangote and here are his Top 10 Rules for Success.
Striking it rich and commanding your own multimillion-dollar empire may be one of your long term goals, but for some enterprising kids out there, they’ve already accomplished it by the time they left school!
(qlmbusinessnews.com via uk.reuters.com — Fri, 3rd May 2019) London, UK —
(Reuters) – Shares of vegan burger maker Beyond Meat Inc rose more than 160 percent in their market debut on Thursday, as investors look to cash in on the first publicly listed veggie meat company and the growing popularity of plant-based meat alternatives.
The stock opened at $46, well above its IPO price of $25. Shares surged minutes after starting to trade and were halted due to volatility. They traded up to $72 during the day, before closing at $65.75.
Beyond Meat, which has warned it may never turn a profit, closed with a market capitalisation of around $3.8 billion, based on shares outstanding including underwriters’ option.
Earlier on Tuesday, the company raised the size and price of its offering after increased demand from investors. The IPO raised $240 million.
The money raised from the IPO gives Beyond Meat firepower to compete with other rivals in the increasingly crowded imitation meat market, such as Silicon Valley startup Impossible Foods Inc.
Beyond Meat founder and Chief Executive Ethan Brown told Reuters on Thursday the proceeds would be used to expand marketing efforts, develop new products, establish production centres in Europe and Asia and open additional manufacturing facilities in the United States.
The Los Angeles-based company, which counts actor Leonardo DiCaprio and Microsoft Corp founder Bill Gates among its investors, aims to market its meatless burger patties and other products to meat-loving consumers. It avoids terms such as vegan or vegetarian and instead displays its products in the meat case of supermarkets.
Plant-based substitutes for meat have been gaining popularity as more people shift towards vegan or vegetarian diets, amid growing concerns about health risks from eating meat, animal welfare and the environmental hazards of intensive animal farming.
Beyond Meat creates substitutes for meat by using ingredients that mimic the composition of animal-based meat, mainly employing pea protein that looks and cooks like beef or chicken.
Currently, some 70 percent of the company’s revenues are generated by its flagship Beyond Burger patties. The company also sells imitation sausages and vegan ground beef.
But Beyond Meat said it has struggled with production capacity issues in the face of growing demand, and interruptions in the supply of pea protein, which it currently sources from two producers in Canada and France.
“We’re looking very much at not only expanding the number of pea protein providers but also getting into new types of protein,” Brown said.
Brown said protein blends, including from mung beans, brown rice and sunflower seeds, would not only offer pricing protection and supply chain diversity, but also provide consumers with a variety of plant-based protein options.
But Beyond Meat is not the only company vying for health-conscious consumers.
Tyson Foods Inc, the No.1 U.S. meat processor, owned a 6.5 percent stake in Beyond Meat, but last week said it sold its holding, as it looks to develop its own line of alternative protein products.
Burger King and Impossible Foods last month started selling their vegan burger Impossible Whopper in 59 stores in and around St. Louis, Missouri, with nationwide sales expected by the end of the year.FILE PHOTO: Ethan Brown, founder and CEO of Beyond Meat, and guests ring the opening bell to celebrate his company's IPO at the Nasdaq Market site in New York, U.S., May 2, 2019. REUTERS/Brendan McDermid
Beyond Meat began selling its plant-based burger at more than 1,100 U.S. locations of fast-food chain Carl’s Jr in January.
In 2018, some $50 million of Beyond Meat’s revenues came from retail sales, including at Amazon.com Inc’s Whole Foods Market and Kroger Co supermarkets, while some $37 million was generated at restaurants.
Brown said the company planned to expand its network of restaurant and retail partners outside the United States, which currently account for 7 percent of revenues, but declined to provide further details.
In 2018, Beyond Meat’s net loss narrowed marginally to $29.89 million, from $30.38 million a year earlier. Net revenue more than doubled to $87.93 million in the same period.
Patrice Washington is the Founder and CEO of Seek Wisdom Find Wealth, a personal finance training and development firm focused on moving you from debt management to money mastery. In this episode she talks about her experiences with debt, how to save money and what she did after losing everything in the 2008 financial crash.
Lenny Kravitz takes us on a tour of his incredible Brazilian farm compound. Built on an 18th-century coffee plantation, his home is set on a working farm that feeds every guest that comes through. Featuring a Brazilian barbecue, a full-sized football field and 19th-century Portuguese colonial-style farmhouses and outbuildings, it's a wonder Lenny ever wants to leave home.
Amazon CEO Jeff Bezos was one of the first entrepreneurs to realize the potential of selling products on the internet. This Bloomberg Profile looks into how Bezos built Amazon inside his garage and now has his sights set well beyond online commerce.
Two cosmetics retail giants, Sephora and Ulta Beauty, started very differently, but as the consumer demand for makeup increases, the strategies of these two retailers are converging. Sephora began with a focus on luxury cosmetics in urban areas, while Ulta specialized in mass market products in suburban areas. Now, each are growing, trying to capture a bigger share of the global color cosmetics market, estimated to be worth $48.3 billion by the end of this year.