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John Paul Dejoria, co-founder of John Paul Mitchell Systems and Patron Tequila, really is living the American Dream.
Mr Dejoria admitted that he was once homeless with a child in his early twenties, but that just stoked his passion to succeed.
He tells Bloomberg the business ethos that fuelled his meteoric rise to the top.
Source: Bloomberg

"I was thinking about my exit even when I entered the league." -- --Jamal Mashburn

Jamal “Monster Mash” Mashburn (university of Kentucky) is a retired American professional basketball player who earned $75 million over his NBA career.  Mashburn was a prolific scorer in his 12 seasons in the league, with a career scoring average of 19.1 points per game. Since retiring from basketball, Mashburn has worked for ESPN as an analyst and launched a number of successful business ventures including 34 Outback Steakhouse franchises, 37 Papa John’s franchises, and two car dealerships across the state of Kentucky; one Toyota, one Lexus dealership and a real estate group in Kentucky!

Mashburn most recently invested in LevelEleven (video below), a Sales Motivation App From Salesforce.com

This is what #GWOP is about, starting business, creating jobs and making people lives bettter.

According to ESPN,

Allen Iverson earned over $200 million in his NBA career and is broke and in debt.

Antoine Walker (university of Kentucky) earned over $110 million in his 12 year NBA career and is broke and in debt.

Moral of the story:  Don’t gamble.  Save your money and start a business (not a record label). Be a entrepreneur.

Facebook founder Mark Zuckerberg paid top dollar — more than $30 million in total — for the four residential properties located next door and behind his Palo Alto home.

Zuckerberg is one of several prominent tech CEOs who own homes on Palo Alto’s tree-lined streets. Yahoo’s (YHOO) Marissa Mayer and Google’s (GOOG) Larry Page live there, as did the late Apple (AAPL) chief Steve Jobs.

Zuckerberg, who rented for many years, reportedly paid $7 million two years ago for the 5,000-square-foot home in Palo Alto’s Crescent Park neighborhood where he lives with his wife, physician Priscilla Chan. Zuckerberg, whose personal fortune is estimated at $19 billion, also owns a home in San Francisco.

source: Gawker

Hiroshi Yamauchi, who transformed Nintendo from a maker of playing cards and board games into a global videogame giant, has died at 85.

He was Nintendo’s second-largest shareholder with about 10 percent of the stock, according to data compiled by Bloomberg, and was the principal owner of the Seattle Mariners baseball team. The great-grandson of Nintendo’s founder led the company from 1949 to 2002, transforming a maker of Japanese playing cards into the world’s biggest producer of video games on the back of hits including Mario, Zelda and Donkey Kong.

The Associated Press reported that Yamauchi passed away of pneumonia on Thursday in a hospital in central Tokyo.

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