For a successful start-up, you don’t need a fully-furnished corporate office in a sky-high building, with extraordinary furniture, air conditioning, and other amenities; in fact, a little garage is often enough to get the ball rolling. If you don’t believe this, then you might need to know from where the world’s most famous tech giants have started their companies. Apple Inc. (NASDAQ:AAPL), Google Inc (NASDAQ:GOOGL), Amazon.com, Inc. (NASDAQ:AMZN), and Hewlett-Packard Company (NYSE:HPQ) all started from a garage. Colleen Kane, Fortune contributor, provided insight into some of these unusual start-up origin stories on CNBC today.
“I think it’s that the garage has always been a place for projects, whether it’s like dad is tinkering on something on his work bench or garage bands are sketching their starts but it’s just this open space that comes with a home and may be these young people are still living at home or they have their first starter home and there’s just this open space that’s maybe not even being used for cars, so why not get the advantage of that rather than spending the money on rent,” Colleen said.
At a young age, when you have passion for doing something great and really new, you would like to start from whatever options you might have available. That’s what Apple Inc. (NASDAQ:AAPL), Google Inc (NASDAQ:GOOGL), Amazon.com, Inc. (NASDAQ:AMZN), and Hewlett-Packard Company (NYSE:HPQ) all did and today we recognize them as tech giants of the world. They did not wait for any big investment for their business to get started, they took the advantage of whatever they had available to them.
Apple Inc. (NASDAQ:AAPL)’s first computer was built in a small garage. In 1976, Steve Jobs (aged 21) and Steve Wozniak (aged 26), started Apple Computers by selling 50 computers at $500 per computer to a local retailer. Their team had hand-built 50 computers in 30 days from a garage in Cupertino, CA. Today, Apple Inc. (NASDAQ:AAPL) has the largest market capital in the world.
Google Inc (NASDAQ:GOOGL) was started by Larry Page and Sergey Brin who were Stanford graduates, when they decided to start a new company together from Susan Wojcicki’s garage in September 1998. Google Inc (NASDAQ:GOOGL) is the world’s No.1 website, with the largest traffic in the world.
Amazon.com, Inc. (NASDAQ:AMZN) was founded by Jeff Bezos in 1994 as an online bookstore. It was started from a garage in Bellevue, Washington. Now we recognize Amazon.com, Inc. (NASDAQ:AMZN) as the world’s largest and most famous online retailer.
In 1939, Bill Hewlett and Dave Packard launched their company named Hewlett-Packard Company (NYSE:HPQ) from an initial investment of just $538 in a 12×18 foot garage at the back of a house they were renting.
To start a successful business, all you need is a great idea; whether it be what you can offer to your customers better than others can or something very new that no one has ever offered before. A great idea might still come to your mind even if you are sitting in a garage, surrounded by dad’s hardware tools and sitting on a rough wooden chair. Apple Inc. (NASDAQ:AAPL), Google Inc (NASDAQ:GOOGL), Amazon.com, Inc. (NASDAQ:AMZN) and Hewlett-Packard Company (NYSE:HPQ) have proved this phenomenon that if you have what it takes to start a company you can reach the sky one day, even if you started from a tiny garage.
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