To develop an idea that transforms people’s lives and becomes a game-changer in the industry, you need a lot of effort, imagination, and dedication. So instead of basking in the glory of a single brilliant idea, serial entrepreneurs become veritable mines of such ground-breaking concepts. One idea leads to another, and successful businesses spring up around them. Thus they become role models for others to follow.
As part of their quest for perfection, some of these pioneers have made it a habit to develop game-changing concepts. As a result, these billion-dollar serial entrepreneurs have a huge vision for the year 2021. So, let us take you through the list that will introduce you to the top 7 serial entrepreneurs.
What Is A Serial Entrepreneur?
What is an entrepreneur? It is someone who comes up with a new business idea, handles most of the risks, and reaps the most fruits. We have been familiarised with the concept of an entrepreneur over the years. But, do you know what a serial entrepreneur is?
The term “serial entrepreneur” refers to someone successful in turning concepts into reality and scalable business models. A serial entrepreneur is someone who has a knack for coming up with new business ideas and then putting in the time and effort to see those ideas through fruition. This person usually has a history of failing miserably. But, this person also can learn from their mistakes and become even better.
Who Are The Best Serial Entrepreneurs Of 2021?
You already know what an entrepreneur is and what a serial entrepreneur is, so most likely, you have understood the difference between these two phenomena. A serial entrepreneur operates multiple businesses, and even though some of their ideas may fail, they always bounce back from that setback. That’s the true spirit of an entrepreneur. So, let’s check out who are the most prolific serial entrepreneurs of 2021.
1: Elon Musk
With a net worth of $126.2 billion, Elon Musk stands at the top of our list of the best serial entrepreneurs of 2021. Budding start-ups all over the world look up to Elon Musk as an inspiration. From mediocrity, the South African rose to fame. X.com, Elon Musk’s first major business venture, has now become a pertinent aspect to online shopping as PayPal.
Musk has become a serial entrepreneur with Tesla, SpaceX, and many other ventures, including looking for new ways to travel, tunnel digging, and energy storage. Among these, Tesla is the most successful as its shares grew by a staggering 459%, making Musk the world’s fifth-richest person in October 2020. However, when it comes to making process changes unique, Musk stands out for being a great thinker, innovative, and eccentric.
2: Jack Dorsey
Standing with a net worth of $9.5 billion, Jack Dorsey is probably the most successful programmer who learned coding at home. Maybe it is this unique ability that has made Dorsey rank second on our list of serial entrepreneurs. Social media genius Jack Dorsey came up with the brilliant idea of Twitter that transformed the way the world’s elite people communicate with the rest of us.
It reduced the reliance on traditional media sources like newspapers, channels, and magazines by putting celebrities in direct contact with their followers and critics. At the same time as founding Twitter, Jack Dorsey founded an online mobile banking enterprise named Square. The good thing is that Dorsey’s ideas were always appreciated by his investors, and that’s an essential pillar for his success.
3: Gary Vaynerchuk
With a net worth of $160 million, Gary Vee is the most straightforward serial entrepreneur you’ll ever meet. Vaynerchuk has done everything from bagging ice to selling baseball cards to expanding his father’s business online. His book ‘Crushing It’ has all his struggles mentioned, so give it a shot if you really want to know this successful businessman.
After increasing revenue from $3 million per year to $60 million by taking his family liquor business online with YouTube, Vaynerchuk finally began his startup business. He founded VaynerMedia, a successful advertising firm, and VaynerX, a prominent name in the media and communications industry. Gallery Media Group, VaynerSports, and Green Street are some other names among his famous ventures.
4: Michael Rubin
If you talk about the most successful sports merchandiser as a serial entrepreneur, the name of Michael Rubin is bound to pop into your head. He established KPR Sports, a sports equipment company that by 1995 had pulled in $50 million in revenue. He currently has a net worth of $3.5 billion.
eBay paid $2.4 billion for Rubin’s 1998 e-commerce billion-dollar venture, Global Sports. But, eBay again sold three of these consumer divisions from Global Sports back to Rubin. All three companies were merged by Rubin to create Kinetic as we know it today. ShopRunner, Fanatics, and Rue La La are all part of the group.
5: Evan Williams
Twitter’s co-founder, Evan Williams, was a computer programmer at O’Riley Media. His first-hand knowledge aided him in establishing his own blogging platform called ‘Blogger.’ He is the true definition of a successful serial entrepreneur with a net worth of $3 billion. So being a vegan is not so bad if you can come up with mind-boggling business ideas like Evan Williams.
His company ‘Beyond Meat’ produces fake meat, and he invested $144 million in it. Additionally, he was a founding member of Pyra Labs. The former chairman and CEO of Twitter also founded Medium, one of the most prominent blog distribution websites alongside Obvious Corporation and Odeo.
6: Janus Friis
This serial entrepreneur stands with a whopping net worth of $1.3 billion. Janus Friis rose to fame when he co-founded Skype. It was then acquired by eBay, Inc. for $2.6 billion in 2005 after quickly becoming a huge success. In 2007, the company was finally sold to Microsoft for $8.5 billion.
However, Skype was only one of his many technological ventures. He also created Kazaa, a file-sharing program that works over a peer-to-peer network. Janus Friis and his partner Niklas Zennstrom are currently in charge of Atomico, a venture capital firm that has invested in more than 50 tech firms. He also founded Starship Technologies, Vdio, Joost, Wire, Altnet, etc.
Also Read: Top 7 Best Female Entrepreneurs
7: Alexander Swammer
You may be surprised to know that this serial entrepreneur with a net worth of $1.2 billion was one of the earliest investors of Facebook. However, he and his brothers studied eBay’s success thoroughly, and using the same concept, they launched Alando in 1999. It took just 100 days for eBay to buy the company for a dazzling $43 million.
After a year, they established Jamba!, a mobile content provider with SMS content such as online gaming and ringtones. It was then sold to VeriSign for $270 million in 2004. Finally, he launched Rocket Internet SE in 2007, and this firm now funds startups like FoodPanda, Home24, etc.
Now, we have given you quite a list of the best serial entrepreneurs of 2021. These people were not born rich, but they paved their way towards success with great imagination, perseverance, and hard work. So, if you want to know what an entrepreneur is, take a look at these men. If you have any more queries about this topic, please ask them in the comment box below.