Tycoon Profiles

Business lessons and insights from billionaires and tycoons.

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Why Zappos’ CEO Lives in a Trailer, and 13 Other Things You Don’t Know About Him

I have always admired people who don’t let money go to their heads and continue living normal lives even after they have achieve great wealth. Tony Hsieh is one of them. Not only that but he gets involved with the community, in his case Las Vegas, to help make it a better place.

Tony reminds us all that there’s far more to life than personal aggrandizement.

By the way, he has a new book out on management. It’s titled Holocracy and is now on my reading list.

Watch the video.

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Tim Ferriss Interviews Arnold Schwarzenegger on Psychological Warfare (And Much More)

The meaning of life is to move ahead, to go up, to achieve, to conquer.

Arnold Schwarzenegger

Back in May of 1990, I read a long article on Arnold Schwarzenegger in Smart magazine (which I still happen to have). The article described in detail his ability to continuously overcome great odds and win. For starters, Arnold was born and raised in a small village in Austria where most people aspired to nothing more than a steady job with the government. Unlike everyone around him, Arnold craved more from life. He wanted to achieve something great in his time. So as a teen he committed to becoming a body-building champion because he saw the sport as a means of getting to America.

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In this brutally frank talk Marcus Lemonis reveals how he grew up drowning in self-doubt as young boy, how he attempted to reinvent himself by going to a college faraway from his hometown, and how he got into business, and more. Riveting stuff.

Thanks to Matthew from the UK for the heads up.

Click to watch. Scroll down to “Meet the Business Turnaround King.” The page doesn’t allow direct linking to the Lemonis video.

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Felix Dennis is dead after a prolonged battle with throat cancer.  He was only 67.

Felix was a true example of a rags-to-riches story. His career in the magazine publishing industry began in the latter part of the 1960s. By the end of his career his empire controlled more than 50 magazines and websites including Auto Express, Mac User, Computer Shopper, Men’s Fitness, PC Pro, Octane and Viz.  His biggest publication was  The Week, “a digest of global current affairs, which has a circulation of almost 200,000 per week.”

In 2007, he made £144.5 million by selling off all 31 international editions of Maxim, when it was the best-selling men’s magazine in the world.

He also made millions from co-founding US computer mail order company MicroWarehouse, which floated on the stock market in 1992. (source)

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