How They Got Started

I love stuff like this. It is what makes America great.

Ever wonder how Hefner came up with the idea for Playboy? What inspired Kate and Andy Spade to start a handbag business? In the case of Hef, who says he had always had an interest in publishing, the idea came from movie and pin-up pictures. Discouraged that a request for a $5 raise had been rejected by his bosses at Esquire, he decided to stay behind in Chicago to start his own magazine when Esquire moved to New York. Though he only had $600 at the time, he was able to borrow enough—$8,000—to launch the publication.

Stories of entrepreneurship that warm a businesspundit's heart.

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