Andrea Toochin

Business, work, and the path to and through the MBA.

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Sara Blakely reportedly started Spanx about 11 years ago with $5,000. She has taken no investments, has not spent money on advertising, and owns 100% of the company, according to Forbes. Never underestimate the power of QVC and vanity. Props to her for being the youngest self-made female on the billionaires list. Bravo!

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12.03.12 | Spanx Sara Blakely QVC forbes billionaires

#NYC Mayor Mike #Bloomberg on Wall Street, taxing the #rich, and #education in #America.

26.09.11 | 5 notes | Mike Bloomberg republicans NYC Warren Buffet billionaires

Warren Buffett On Billionaires

18.08.11 | warren buffet taxes debt ceiling charlie rose billionaires income tax payroll tax capital gains dodd-frank

“If you make money with money, you get taxed at very low rates-15% dividends and capital gains, no payroll tax. If you make money with muscle or hard work or sweat of your brow, you get taxed at rates that move on up. Most of the people, middle class gets taxed at rates of either 15% or 25% on their income tax but then they get extremely hit hard on the payroll tax, and that’s what brings the rates in our office up to an average of 36%, if you leave me out.” –Warren Buffett on Charlie Rose 8/15/11