Successful Business Partnerships
Going into business with a partner can greatly increase your chances of business success, because a partner can offer their own connections, expertise, and skills the business needs in becoming successful. Following are eight successful business partnerships that not only changed the lives of the business partners, but changed the world forever.
Steve Jobs and Steve Wozniak- both Jobs and Wozniak were known as outcasts, but together they formed a friendship that would have them build one of world’s most famous technological companies in the world. This famous duo had been introduced by their mutual friend Bill Fernandez in 1971 when Jobs was 16 and Wozniak 21. Wozniak had shown Jobs his simple built computer machine. This impressed Jobs and he believed he could sell the machine for a profit. It was Wozniak’s computer engineering abilities combined with Job’s marketing abilities that led to what we now know as Apple, Inc. In 2008, Apple had reported revenues of $33.04Billion and profits of $11.15Billion annually.
Martie & Emily Erwin and Natalie Maines- the Dixie Chicks started with sisters Martie and Emily Erwin who played music on the street corners of Dallas for small change. The sisters later invited Natalie Maines to join their country music rock group. As of 2008 the Dixie Chicks have won 13 Grammy awards with over 27 million in record sales for their first three albums.
Dolce and Gabbana (D&G)
Domenico Dolce and Stefano Gabbanna- this world famous design duo met while working as assistants at an atelier in Milan. Sharing a strong passion for fashion, they made their name together in 1985 when Milano Collezioni invited them to take part in a fashion show launch. By 1997, their company had a reported turnover of â’¤400Million.
Larry Page and Sergey Brin- Google started in 1996 as a research project by Page while he was undertaking his Ph.D at Stanford University. Page was joined by Sergey Brin, also a Stanford University PhD student. Together they worked day and night to create the largest and most popular search engine in history. In 2006 Google reported an advertising revenue of US$10.492 billion and in March 2009 Google’s market cap was reported at $103.15Billion.
Kate Moss and Sarah Doukas- Kate Moss, age 14, was approached by Sarah Doukas-founder-Storm Model Management in the JFK Airport in New York City after returning from a family holiday vacation. Kate Moss since then has appeared on over 300 magazine covers and is rated as number two on the Forbes 15 richest supermodels list.
Bill Gates and Paul Allen- met and had become friends at Lakeside School in Seattle. Gates and Allen worked day and night together to create the first microcomputer basic. This led to the creation of one of the most successful and largest U.S. corporations in history, as well as placing Gates and Allen among the richest people in the world.
Dr. Katie Rodan and Dr. Kathy Fields- met during their medical residences at Stanford University. In working together they were able to create one of the best selling acne treatments known as Proactiv® Soultions with over $850Million in sales annually.
Siegfried & Roy
Martin Siegfried and Roy Horn-shared more than just their love for magic. They both had fathers who were abusive alcoholics and soldiers of Hitler’s army. Determined to leave their difficult pasts behind them, Siegfried and Roy had taken positions to work on the same ocean liner. It was here on the ocean liner they met and discovered they shared a passion and desire to perform their magic before live audiences. This connection would lead them to achieving the most sold out, gross profit producing show in Vegas history with an annual payment of $36Million per year. A quote by Siegfried and Roy on their website could not be any more perfect in describing their success, “We followed our dreams, for dreams were all we had. In the process our lives became magical.”