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Turning An Idea Into Profit: Sergey Brin

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





Turning An Idea Into Profit Sergey Brin - To learn more about this author, visit Ilya Bodner's Website.

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Kim Castle
With nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website

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Anne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website


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Ilya Bodner
(Visit Ilya's Website) Over the course of the last 5 years as an entrepreneur I have successfully launched, managed, and sold off several businesses. Each organization started has added some value to my understanding of the business world today. My philosophy has been that 9 things out of 10 that I try will fail, but that golden one is always worth the battle. In my experience that has proven to be the case and my successful businesses still operate today under the management of those whom I have sold off to. The latest project is Initial Underwriting Group, a corporation comprised of two concepts: 1) business credit building and 2) business loan underwriting.

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