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bdarmanali2022
Apr 02, 2022
In Welcome to the Forum
Airbnb's Successful Startup The most inspiring entrepreneurial stories involve people overcoming challenges and succeeding despite obstacles. Ragged-to-riches stories have been around since the inception of companies, but they still strike a chord with budding entrepreneurs about to take the plunge. One of the most recent booming startup success stories features such a story and serves to inspire, educate and encourage young hopefuls looking to start their own business. The birth of Air Bed & Breakfast When Airbnb founders Brian Cheeky, Nathan Blecharczyk and Joe Gabbai first moved to San Francisco, California, they couldn't afford the rent for their expensive San Francisco apartment. Needing extra cash, they rented out their guesthouse-style living room to some friends who couldn't book a hotel room in time for an event. This sparked the idea of ​​creating an app that would allow people to find accommodation around the employee data world, using other people's available space, be it a mother-in-law's suite, a guest room or even a couch. Airbnb would present a cheaper option for staying abroad than a typical place to stay and, in theory, would provide travel options for people who couldn't otherwise afford it. The idea arose in their minds and became what we know today as the website that serves as a daily traveler's ticket to explore the world. But before revolutionizing modern travel, it was just an idea with no funding to back it up. Airbnb-Toronto-Office Image: Wikipedia Creative fundraising that worked To finance their idea at first, the trio thought of something quite ingenious to sell. During the presidential election between Barack Obama and John McCain, the three housemates created and sold special-edition cereals, taking inspiration from the candidates. They designed their own cereal, called “Obama O's” and “Cap'n McCain's,” and sold them online and at campaign rallies. With the growth of crowdfunding, making sure their idea was creative was crucial to its success, and they are increasing, crowdfunding is only getting bigger:
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