29/09/2007

Quote of the Day

I stand for freedom of expression, doing what you believe in, and going after your dreams.


Madonna Louise Ciccone Ritchie (born August 16, 1958), better known as Madonna, is an American dance-pop singer-songwriter, dancer, record and film producer, and actress. She is noted for her ambitious music videos and stage performances as well as using political, sexual, and religious themes in her work.

Since her debut in 1982, Madonna has released many chart-topping albums, and has become one of the best-selling artists in popular music, with an estimated 200 million albums sold. In 2001 Guinness World Records lists her as the most successful female recording artist of all time. She has also appeared in several movies over the decades, including Evita, as well as contributing to their soundtracks. Madonna has had many worldwide tours. Billboard reported that her 2006 Confessions Tour held the record for the top-grossing concert tour by a female artist. According to both the 2007 Guinness Book of Records, and Billboard Magazine, she is the top earning female singer. Forbes magazine has estimated her net worth at $325 million. On September 27, 2007, she was nominated for induction into the Rock and Roll Hall of Fame.

28/09/2007

Quote of the Day

Succeeding is not really a life experience that does that much good. Failing is a much more sobering and enlightening experience.


Michael Dammann Eisner (born March 7, 1942) was CEO of The Walt Disney Company from September 22, 1984 to September 30, 2005.

Michael Eisner was born to a wealthy family in Mt. Kisco, New York, and raised on Park Avenue in Manhattan. He attended the Lawrenceville School and graduated from Denison University in 1964 with a B.A. in English. He is a member of the Delta Upsilon Fraternity. His grandfather was one of the first uniform suppliers to the Boy Scouts of America.

After two brief stints at NBC and CBS, Barry Diller at ABC hired Eisner as Assistant to the National Programming Director. Eisner moved up the ranks, eventually becoming a senior vice president in charge of programming and development. In 1976, Diller, who had by then moved on to become chairman of Paramount Pictures, recruited Eisner from ABC and made him president and COO of the movie studio. During his tenure at Paramount, the studio turned out such hit films as Saturday Night Fever, Grease, the Star Trek film franchise, Raiders of the Lost Ark, and Beverly Hills Cop, and hit TV shows such as Happy Days, Laverne and Shirley, Cheers and Family Ties.

Diller left Paramount in 1984, and, as his protege, Eisner expected to assume Diller's position as studio chief. When he was passed over for the job, though, he left to look for work elsewhere and lobbied for the position of CEO of The Walt Disney Company.

Walt Disney Productions had been struggling since its founder's death in 1966 [citation needed] and had narrowly survived takeover attempts by corporate raiders when its shareholders Sid Bass and Roy E. Disney brought on Eisner and former Warner Brothers chief Frank Wells to replace Ron W. Miller and turn the company around.

During the second half of the 1980s and 1990s, the studio revitalised, and the division had a "golden age" with annual box office hits with such regularity that even their creative structure started to be known as the "Disney formula." Disney also broadened its adult offerings in film when then Disney Studio Chairman Jeffrey Katzenberg acquired Miramax Films in 1993. Disney acquired many other media sources, including ABC and ESPN.

During the early part of the 1990s, Eisner and his partners set out to plan "The Disney Decade" which was to feature new parks around the world, existing park expansions, new films, and new media investments. While some of the proposals did follow through, most did not. These include WestCOT, Disney's America, Disney-MGM Studios Paris, and among film projects, a Who Framed Roger Rabbit franchise.

Frank Wells died in a helicopter crash in 1994, ending the longstanding feud between him and Eisner. (The Lion King, which is the most successful hand-drawn animated picture, was released over two months later in his memory). Shortly thereafter, Jeffrey Katzenberg resigned and formed Dreamworks SKG with partners Steven Spielberg and David Geffen because Eisner would not appoint Katzenberg to Wells' now available post.

[edit]The Save Disney war and Eisner's ouster
In 2003, Roy E. Disney, also the son of co-founder Roy O. Disney, resigned from his positions as Disney vice chairman and chairman of Walt Disney Feature Animation, accusing Eisner of micro-management, failures with the ABC television network, timidity in the theme park business, turning the Walt Disney Company into a "rapacious, soul-less" company, and refusing to establish a clear succession plan, as well as a string of box-office movie failures starting in the year 2000.
On March 3, 2004, at Disney's annual shareholders' meeting, a surprising and unprecedented 43% of Disney's shareholders, predominantly rallied by former board members Roy Disney and Stanley Gold, withheld their votes to re-elect Eisner to the corporate board of directors. This vigorous opposition, unusual in major public corporations, convinced Disney's board to strip him of his chairmanship and give that position to former U.S. Senator George Mitchell. However, the board would not immediately remove Eisner as chief executive.

As criticism of Eisner intensified in the wake of the shareholder meeting, Eisner's position became more and more tenuous, and on March 13, 2005, Eisner announced that he would step down as CEO one year before his contract expired. On September 30 Eisner resigned both as an executive and as a member of the board of directors, and, severing all formal ties with the company, he waived his contractual rights to perks such as the use of a corporate jet and an office at the company's Burbank headquarters. Eisner's replacement was his longtime lieutenant, Bob Iger.

Eisner's struggle to maintain control of the legendary entertainment company was the subject of journalist James B. Stewart's bestselling book DisneyWar.

On October 7, 2005, Eisner hosted The Charlie Rose Show, filling in for Rose. His guests were John Travolta and his ex-boss, Barry Diller. Impressed with Eisner's performance, CNBC President Mark Hoffman hired Eisner in early 2006 to host his own talk show, Conversations with Michael Eisner. The show mostly features CEOs, political leaders, artists and actors. Eisner is also an executive producer of the show.

Eisner has recently invested in an Internet video distribution network named Veoh Networks

In March 2007, Eisner's investment firm, The Tornante Company, launched a studio, Vuguru, that will produce and distribute videos for the Internet, portable media devices and cell phones. "The entire concept here is content is king," Eisner said in an interview. "What will drive traffic is interest in the subject matter." Through these companies Eisner has acquired the rights to the internet series SamHas7Friends. The first series produced by Vuguru is Prom Queen, created by Big Fantastic (the same team behind SamHas7Friends), which launched on April 1, 2007.

Eisner, through Tornante, is also attempting the take over Topps Co., the well-known bubble-gum and collectibles firm, though as of August 2007 the outcome of that attempt remains uncertain.

26/09/2007

Quote of the Day

"If you doubt you can accomplish something, then you can't accomplish it. You have to have confidence in your ability, and then be tough enough to follow through."


Eleanor Rosalynn Smith Carter, known as Rosalynn, (born August 18, 1927) is the wife of former President Jimmy Carter and was First Lady of the United States from 1977 to 1981.

25/09/2007

Quote of the Day

"The future you see is the future you get."

-- Robert G Allen, Business, Finance & Motivational Author

24/09/2007

Quote of the Day

The way to get started is to quit talking and begin doing.

Walter Elias Disney (December 5, 1901 – December 15, 1966) was an American film producer, director, screenwriter, voice actor, animator, entrepreneur, and philanthropist. Disney is notable as one of the most influential and innovative figures in the field of entertainment during the twentieth century. As the co-founder (with his brother Roy O. Disney) of Walt Disney Productions, Walt became one of the best-known motion picture producers in the world. The corporation he co-founded, now known as The Walt Disney Company, today has annual revenues of approximately U.S. $30 billion.

Walt Disney is particularly noted for being a film producer and a popular showman, as well as an innovator in animation and theme park design. He received twenty-two Academy Awards and forty-eight nominations during his lifetime, holding the record for the individual with the most awards and the most nominations. Disney has also won seven Emmy Awards. Disney and his staff created a number of the world's most famous fictional characters, including the one many consider Disney's alter ego, Mickey Mouse. He is also well-known as the namesake for Disneyland and Walt Disney World Resort theme parks in the United States, France, Japan and China.

Walt Disney was a polo player and a member of the Riviera Polo Club.

Walt Disney died of lung cancer on December 15, 1966, a few years prior to the opening of his Walt Disney World dream project in Orlando, Florida.

23/09/2007

Quote of the Day

"You can do so much in 10 minutes time. Ten minutes, once gone, are gone for good. Divide your life into 10-minute units and sacrifice as few of them as possible in meaningless activity."

Ingvar Kamprad, Founder of the furniture brand IKEAIngvar Feodor Kamprad (born March 30, 1926) is a Swedish entrepreneur who is the founder of the home furnishing retail chain IKEA. As of 2007 he is the richest person in Europe and the 4th richest person in the world according to Forbes magazine, with an estimated net worth of around US$33 billion.

Kamprad was born on a farm called Elmtaryd (now spelled Älmtaryd), near the small village of Agunnaryd of the Ljungby municipality in the province of Småland, Sweden. Kamprad began to develop a business as a young boy, selling matches to neighbors from his bicycle. He found that he could buy matches in bulk very cheaply from Stockholm, sell them individually at a low price and still make a good profit. From matches, he expanded to selling fish, Christmas tree decorations, seeds and later ball-point pens and pencils. When Kamprad was 17, his father gave him a reward for succeeding in his studies. He used this money to establish what has grown into IKEA.

The acronym IKEA is made up of the initials of his name (Ingvar Kamprad) plus those of Elmtaryd, the family farm where he was born; and the nearby village Agunnaryd.

Kamprad has admitted that his dyslexia played a large part in the inner workings of the company. For example, the Swedish-sounding names of the furniture sold by IKEA were originally chosen by Kamprad because he had difficulty remembering stock keeping units (numbers).

Kamprad has lived in Epalinges, Switzerland since 1976. According to an interview with TSR, the French language Swiss TV broadcaster, Kamprad drives a 15 year old Volvo, flies only economy class, and encourages IKEA employees to always write on both sides of a paper. In addition Kamprad has been known to visit IKEA for a cheap meal. He is also known to buy christmas paper and presents in the post-Christmas sales. While Kamprad's frugality is well documented, it is also an important part of the carefully managed image presented to IKEA employees and the general public. He less frequently mentions that he owns a villa in an upmarket part of Switzerland, a large country estate in Sweden and a vineyard in Provence in France or that he drove a Porsche for several years.

While working with furniture manufacturers in Poland earlier in his career, Kamprad became an alcoholic. He has however stated that his drinking is now under control

19/09/2007

Quote of the Day

"It's the repetition of affirmations that leads to belief. And once that belief becomes a deep conviction, things begin to happen."

Claude M. Bristol, 1891-1951, Author of The Magic of Believing

18/09/2007

Quote of the Day

"People of mediocre ability sometimes achieve outstanding success because they don't know when to quit. Most men succeed because they are determined to."

George E. Allen, 1832-1907, Publisher and Author

17/09/2007

Quote of the Day

The goal is to win. It's not about making money. I have many much less risky ways of making money than this. I don't want to throw my money away, but it's really about having fun and that means success and trophies.

Roman Arkadyevich Abramovich (born 24 October 1966 in Saratov, Russia) is a Russian oil billionaire and the main owner of private investment company Millhouse Capital, referred to as one of the Russian oligarchs. According to the 2006 Forbes magazine, as of 13 February 2006, he had a net worth of $18.2 billion,[1] and according to Russian Finance magazine, as of January 2007, his fortune was $21.0 billion. He is considered to be the richest living Jew in 2003

In Russia, Abramovich is prominent as the governor of Chukotka, a post to which he was elected in 2000. He is most famous outside Russia as the owner of Chelsea Football Club, an English Premiership football team, and for his wider involvement in European football. Despite his high profile around the world, Abramovich makes virtually no public statements about his activities.

14/09/2007

Quote of the Day

"Action makes more fortune than caution."

Luc De Clapiers, 1715-1747, Essayist was born in Aix-en-Provence. His family was poor though noble; he was educated at the college of Aix, where he learned little—neither Latin nor Greek—but by means of a translation acquired a great admiration for Plutarch.

He entered the army as sub-lieutenant in the king's regiment, and served for more than ten years, taking part during the War of the Polish Succession in the Italian campaign of Marshal Villars in 1733, and in the disastrous expedition to Bohemia in support of Frederick II of Prussia's designs on Silesia, in which the French were abandoned by their ally.
There, in 1740, he met and fell in love with an aristocratic eighteen year old soldier eight years his junior, Paul Hippolyte Emmanuel de Seytres. De Seytres died shortly thereafter, during the Siege of Prague in 1742. De Clapiers addressed his philosophical work Conseil à un jeune homme (Advice to a young Man) to his young beloved. He also wrote a funeral eulogy for him, a work which he considered to be among the most important of his life, and which he continued to polish until his death. Vauvenargues discusses in his writings his hate of women and his love of young men, which he defends as having nothing against nature, and blames "malicious spirits" for criminalizing his tastes in love. (Michel Lariviere, "Homosexuels et bisexuels celebres" p.329)

Vauvenargues took part in Marshal Belleisle's winter retreat from Prague. On this occasion his legs were frozen, and though he spent a long time in hospital at Nancy he never completely recovered. He was present at the battle of Dettingen, and on his return to France was garrisoned at Arras. His military career was now at an end.

He had long been desired by the marquis of Mirabeau, author of L'Ami des Hommes, and father of the statesman, to turn to literature, but poverty prevented him from going to Paris as his friend wished. He wished to enter the diplomatic service, and made applications to the ministers and to king Louis XV himself. These efforts were unsuccessful, but Vauvenargues was on the point of securing his appointment through the intervention of Voltaire when an attack of smallpox completed the ruin of his health and rendered diplomatic employment out of the question. Voltaire then asked him to submit to him his ideas of the difference between Jean Racine and Pierre Corneille. The acquaintance thus begun ripened into real and lasting friendship.

Vauvenargues moved to Paris in 1745, and lived there in the closest retirement, seeing but few friends, of whom Jean-François Marmontel and Voltaire were the chief. Among his correspondents was the archaeologist Fauris de Saint-Vincens. Vauvenargues published in 1746 an Introduction à la connaissance de l'esprit humain, with certain Reflexions and Maximes appended.

He died in Paris on May 28, 1747.

12/09/2007

Quote of the Day

Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful people with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan "press on" has solved and always will solve the problems of the human race.

John Calvin Coolidge, Jr. (July 4, 1872 – January 5, 1933), more commonly known as Calvin Coolidge, was the thirtieth President of the United States (1923–1929). He is often referred to as "Silent Cal". A lawyer from Vermont, Coolidge worked his way up the ladder of Massachusetts state politics, eventually becoming governor of that state. His actions during the Boston Police Strike of 1919 thrust him into the national spotlight. Soon after, he was elected as the twenty-ninth Vice President in 1920 and succeeded to the Presidency upon the death of Warren G. Harding. Elected in his own right in 1924, he gained a reputation as a small-government conservative.

In many ways, Coolidge's style of governance was a throwback to the passive presidency of the nineteenth century. He restored public confidence in the White House after the scandals of his predecessor's administration, and left office with considerable popularity. As his biographer later put it, "he embodied the spirit and hopes of the middle class, could interpret their longings and express their opinions. That he did represent the genius of the average is the most convincing proof of his strength."

Many later criticized Coolidge as part of a general criticism of laissez-faire government. His reputation underwent a renaissance during the Reagan administration, but the ultimate assessment of his presidency is still divided between those who approve of his reduction of the size of government and those who believe the federal government should be more involved in regulating the economy.

11/09/2007

Quote of the Day


"The money I have is in direct proportion to the value I've given to others. The more I give of myself, incredibly, the more economic power comes my way."

Tod Barnhart - Author of The Five Rituals of Wealth

Tod Barnhart was, at nineteen, the youngest licensed financial advisor in the United States. A millionaire by age twenty-eight, he is now a sought-after motivational speaker, television host, and investment advisor, and the author of the Business Week bestseller The Five Rituals of Wealth. He has turned A Kick in the Assets into a multi-media industry, with a weekly TV show on The People's Network, seminars in 100 cities per year, and a successful 6-tape audio series.

08/09/2007

Quote of the Day

The people who get on in this world are the ones who get up and look for the circumstances they want and, if they can't find them, make them.George Bernard Shaw (26 July 1856–2 November 1950) was a world-renowned Irish author. Born in Dublin, he moved to London when he turned twenty. Having rejected formal schooling (toward which he had an enduring antipathy), he educated himself by independent study in the reading room of the British Museum; he also began his career there by writing novels for which he could not find a publisher.
His first success was as a music and literary critic, but he was drawn to drama and authored more than sixty plays during his career. Typically his work is leavened by a delightful vein of comedy, but nearly all of it bears earnest messages Shaw hoped his audiences would embrace.
Politically an ardent socialist, he wrote many brochures and speeches for the Fabian Society and became an accomplished orator in furtherance of its causes. Those included gaining equal political rights for men and women, alleviating abuses of the working class, rescinding private ownership of land and promoting healthful lifestyles.
He married Charlotte Payne-Townshend, a fellow Fabian, whom he survived. They made their home in Ayot St. Lawrence in a house now called Shaw's Corner. Shaw died there, aged 94, from chronic problems exacerbated by injuries incurred on falling from a ladder.
He remains the only person to have been awarded both a Nobel Prize (1925) for his contribution to literature and an Oscar (1938) for Pygmalion.

06/09/2007

Quote of the Day

The difference between getting somewhere and nowhere is the courage to make an early start. The fellow who sits still and does just what he is told will never be told to do big things.


Charles Michael Schwab (February 18, 1862 in Williamsburg, Pennsylvania - October 18, 1939 in London, England) was an American industrialist who became a multimillionaire in the steel industry but died bankrupt.

Schwab was born into a German Catholic family in Williamsburg, Pennsylvania and grew up in Loretto, Pennsylvania, which he would always consider his "home town". He attended Saint Francis College, now Saint Francis University, but left after two years to find work in Pittsburgh.

He started as a stake driver in Andrew Carnegie's steelworks and in 1897 rose to become president of the Carnegie Steel Company at the age of 35. In 1901, he negotiated the secret buyout of Carnegie Steel to a group of New York-based financiers led by J.P. Morgan. After the buyout, Schwab became the first president of the U.S. Steel Corporation, the company formed out of Carnegie's former holdings.

However Schwab found U.S. Steel to be unwieldy and inefficient. After several clashes with Morgan and company executive Elbert Gary, he resigned in 1903. He left the company to run the Bethlehem Steel Company, which under his direction became the largest independent steel producer in the field.

Part of Bethlehem Steel's success was the development of the H-beam, a precursor of today's ubiquitous I-beam. Charlie Schwab was interested in producing such a wideflange steel beam, a risky venture that required capitalization and new plant construction to make an unproven product.

"I've thought the whole thing over," Schwab told his secretary, "and if we are going bust, we will go bust big." It is his most famous remark.

In 1908, Bethlehem Steel began producing the beam, which revolutionized building construction and made possible the age of the skyscraper. Its success helped make Bethlehem Steel the second-largest steel company in the world. Bethlehem, Pennsylvania was incorporated, virtually as a company town, by uniting four previous villages.

In 1910, Schwab broke the Bethlehem Steel strike by calling out the newly-formed Pennsylvania State Police. Schwab kept labor unions out of Bethlehem Steel, which was not organized until 1941, two years after his death.

Schwab eventually moved to New York City, specifically the Upper West Side, which at the time was considered the "wrong" side of Central Park, and where he built "Riverside", the most ambitious private house ever built in New York. The US$7 million 75 room house combined details from three French chateaux on a full city block. After Schwab's death, New York mayor Fiorello La Guardia turned down a proposal to make the mansion the official mayoral residence, considering it to be too grandiose. It was eventually torn down and replaced by a drab apartment block.

He also owned a 44 room summer estate on 1,000 acres (4 km²) in Loretto called "Immergrün" (German for "evergreen"). The house featured opulent gardens and a nine hole golf course. Rather than tear down the existing house, Schwab had the mansion raised on rollers and moved 200 feet to a new location to make room for the new mansion. Schwab's estate sold Immergrün after his death and it is now Mount Assisi Friary on the grounds of Saint Francis University.

Schwab was considered to be a risk taker and was highly controversial. He circumvented American neutrality laws during the early years of World War I by funneling goods through Canada. After America's entry into the war, he was accused of profiteering but was later acquitted. His lucrative contract providing steel to the Trans-Siberian Railroad came after he provided a US$200,000 "gift" to the mistress of the Grand Duke Alexis Aleksandrovich. Thomas Edison once famously called him the "master hustler".

Schwab was notorious for his "fast lane" lifestyle including opulent parties, high stakes gambling, and a string of extramarital affairs producing at least one illegitimate child. He became an international celebrity when he "broke the bank" at Monte Carlo and traveled in a US$100,000 private rail car named "Loretto".[1] Even before the Great Depression, he had already spent most of his fortune estimated at between $25 million and US$40 million. Adjusted for inflation, that equates to between $275 million and US$440 million in modern terms. The affairs and the illegitimate child soured his relationship with his wife.

The stock market crash of 1929 finished off what years of wanton spending had started. He spent his last years in a small apartment. He could no longer afford the taxes on "Riverside" and it was seized by creditors. He had offered to sell the mansion at a huge loss but there were no takers.

At his death ten years later, his holdings in Bethlehem Steel were virtually worthless due to the company's bankruptcy. He was over US$ 300,000 in debt. Had he lived a few more years, he probably would have seen his fortunes restored when Bethlehem Steel was flooded with orders for war material. He was buried in Loretto.

He was not related to Charles R. Schwab, founder of the Charles Schwab Corporation.

04/09/2007

Quote of the Day

Failure is only postponed success as long as courage coaches ambition. The habit of persistence is the habit of victory.

Herbert Kaufman (1878-1947) was an American writer and newspaperman whose editorials were widely syndicated in both the United States and Canada. During World War I, Kaufman regularly contributed articles and editorials to the Evening Standard, The Times, and other leading British periodicals, along with more than 50 war poems, including the classic The Hell-Gate of Soissons.