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Turning An Idea Into Profit: Sergey Brin

Written by: Ilya Bodner

Article Overview: As we go forward, I hope we're going to continue to use technology to make really big differences in how people live and work." - Sergey Brin, Google Co-founder How many business owners know that Sergey Brin, and his cohort, Larry Page quit their college studies to start the infamous Google in a friend's garage? It's inspiring to know that a couple of college guys with the right idea can achieve that kind of success. Lesson #1 – Build Business Credit and Expand the Business Image!

Turning An Idea Into Profit: Sergey Brin

"As we go forward, I hope we're going to continue to use technology to make really big differences in how people live and work." - Sergey Brin, Google Co-founder


How many business owners know that Sergey Brin, and his cohort, Larry Page quit their college studies to start the infamous Google in a friend's garage? It's inspiring to know that a couple of college guys with the right idea can achieve that kind of success. Lesson #1 – Build Business Credit and Expand the Business Image!




From the Garage to Billions


Brin, the head of technology at Google, is #13 on the 2009 Forbes Richest Americans list with a net worth of $15.9 billion. He was born in Russia in 1973 and later moved to the U.S. where his father taught math at the University of Maryland and his mother worked as a specialist at NASA.

As a young person, Sergey demonstrated a natural talent for mathematics and computing. He received his Bachelor of Science with high honors in 1993 from University of Maryland and later continued his studies in Computer Science at Stanford University. He met his future business partner, Larry Page at Stanford with whom he found a common interest in retrieving data from large data sets.

Eventually the pair began working on the project that later became Google and dropped out of their PhD program to pursue their plans in earnest. The duo used the principle of other people's money (OPM) to launch their venture, raising $1 billion from angel investors to get out of the garage. The company grew so quickly they were forced to move several times to accommodate their ever increasing staff, which was close to 5,000 by 2006. The young men built their company with the idea that they could do something unique that would change the world for the better.

"Obviously everyone wants to be successful, but I want to be looked back on as being very innovative, very trusted and ethical and ultimately making a big difference in the world." - Sergey Brin




Record Revenues

Sergey and Larry settled at their current headquarters at Mountain View, California and worked hard to add to Google's list of products. In 2001 tech exec, Eric Schmidt came on board to take the company public. In October 2004, the fast-growing company announced its first quarterly results as a public offered company; record revenues of $805.9 million.

"We are currently not planning on conquering the world." - Sergey Brin

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Article Tags: angel investors, bachelor of science, business credit, business image, business partner, cohort, college guys, forbes richest americans, forbes richest americans list, google, larry page, nasa, net worth, phd program, record revenues, retrieving data, sergey brin, something unique, stanford university, young person



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