Monday, 23 December 2024

[Post 548] How A NJ Mom Turned A Failed Beach Bag Into A $100 Million A Year Business





Summary

New Jersey mom Kim Vaccarella started a side hustle after deciding to create a suitable and easy-to-clean beach bag. However, after a botched shipment of over 1,000 bags for $30,000, Kim had given up on her business -- but then was given a lifeline three years later in the form of a $120,000 investment. Today, Bogg Bag is projected to bring in $100 million in revenue for 2024.

Sunday, 22 December 2024

[Post 547] I Turned A $1 Property In Italy Into My Dream Home — Here’s How Much It Cost


Summary

Meredith Tabbone purchased an abandoned $1 home in Sambuca di Sicilia, Italy in 2019. The condition of the property was "dire at best," Tabbone tells CNBC Make It: no electricity, no running water, asbestos in the roof and "probably two feet of pigeon poop on the floor."

Unlocked is a home tour series focused on how much people across the globe spend on their housing, what they get for the money and what they had to sacrifice to make it happen.

Saturday, 21 December 2024

[Post 546] I Earn $108K A Year & Make Nearly All My Own Clothes—I've Brought In $23K Selling Them Online


Summary

Brooklyn Karasack, 27, creates and sells outfits for music festivals as a side hustle in addition to her $108,000/year day-job as an internal audit consulting manager. Since 2021, she has brought in over $10,000 from her sales.

This is an installment of CNBC Make It's Millennial Money series, which profiles people across the globe and details how they earn, spend and save their money.

Friday, 20 December 2024

[Post 545] I Launched A Business From My Living Room — Now It Brings In $9 Million A Year


Summary

Jenny Lei, 28, is the founder and CEO of Freja, a company that sells work totes, shoulder purses and travel accessories. The 4-year-old startup brought in more than $9 million in revenue over the last 12 months, including $2 million in profit. Here's how Lei built a trendsetting brand, despite her lack of experience in the industry.


Wednesday, 18 December 2024

[Post 544] I’m Much Happier Living In Bali Than In The U.S. - Here’s How Much It Costs


Summary

Steven Guo, 24, relocated to Bali, Indonesia, from Southern California in 2024. He currently makes $254,000 a year running multiple e-commerce businesses that are on track to bring in a combined $1.7 million this year.

This is an installment of CNBC Make It's Millennial Money series, which profiles people across the globe and details how they earn, spend and save their money.

[Post 543]Malone Lam's alleged US$230m crypto scam | CNA Explains


Summary

Singaporean suspect Malone Lam shot to infamy after he was arrested for allegedly stealing US$230 million in cryptocurrency. The 20-year-old used the money for swanky cars, travel, luxury watches and parties at clubs. How did he pull off "one of the largest cryptocurrency thefts" from a private individual US history? Here's what we know. Read more: https://cna.asia/40MkBxK

Tuesday, 17 December 2024

[Post 542] 7 luxury homes in Singapore | Remarkable Living


Summary

From a ryokan-inspired Good Class Bungalow to a property once owned by former president Ong Teng Cheong, we take a look at seven homes in Singapore that are as much of a dazzling display of architecture as they are luxurious