According to Wikipedia, The American Dream is a national ethos of the United States, the set of ideals (Democracy, Rights, Liberty, Opportunity, and Equality) in which freedom includes the opportunity for prosperity and success, and an upward social mobility for the family and children, achieved through hard work in a society with few barriers. In the definition of the American Dream by James Truslow Adams in 1931, “life should be better and richer and fuller for everyone, with opportunity for each according to ability or achievement” regardless of social class or circumstances of birth. The following 4 companies are examples of the American Dream!
1. Apple Inc.
It’s hard to believe that such a big computer hardware, software, electronics and digital distribution company was started in a garage. Back in 1976, “the Steves” (Steve Jobs and Steve Wozniak) sold 50 hand-built samples of the Apple I Computers at $500 a piece to local retailers within 30 days after launching their startup in a small garage. By that time, Jobs was 21 and Wozniak 26. Today, Apple Inc is estimated $154.1 Billion in value.
2. Google Inc.
September 4, 1998 is the day a future $82.5 valued brand was created. Stanford graduate students Larry Page and Sergey Brin started what’s now known as the greatest search engine of all time from Susan Wojcicki’s garage. After being rejected when trying to sell their company to Excite for $1 million, they built the most trafficked site in the world.
3. Amazon.com Inc.
The world’s biggest online bookstore was founded back in 1994. CEO, chairman and president Jeff Bezos had a vision and no one could stop him! Not even his situation. At the age of 30, Jeff made the decision to quit his job and start an internet company.
“The wake up call was finding this startling statistic that web usage in the spring of 1994 was growing at 2,300 percent a year. You know, things just don’t grow that fast. It’s highly unusual, and that started me about thinking, “What kind of business plan might make sense in the context of that growth?”
After noticing the low cost and universal demand of books while making a list of top 20 products to sell online, they seemed to be the right decision. One year later, he sold his first book in July 1995 and issued his IPO two years later in 1997. Today, Amazon’s value is estimated $35.2 billion.
An empire began in this garage. Back in 1923, Roy Disney and Walt Disney moved in with their uncle Robert in order to set up The First Disney Studio. Back then, the company was called The Disney Brothers Studio and was located about 45 minutes from today’s Disneyland Park in Anaheim, California. This is the small place where the team filmed the Alice Comedies, which would later inspire Disney’s version of Alice in Wonderland. The rest, they say, is animation history.