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   Shark Tank Rejected His Idea, Amazon Bought It for $1B
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   Plus: eBay cuts 800 jobs, how to launch a consulting business with minimal funds, and 7 quick ways to make money with $1,000. ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­
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                  <p style="font-weight: bold; font-size: 17px; margin-bottom: 6px; color: #111111;">
                   FEBRUARY 28, 2026
                  </p>
                  <p style="font-weight: bold; font-size: 15px; margin-bottom: 10px; color: #0073e6;">
                   What's on deck today:
                  </p>
                  <ul style="margin-top: 0; margin-bottom: 0; padding-left: 22px; color: #333333;">
                   <li>
                    eBay is cutting 800 jobs
                   </li>
                   <li>
                    How to launch a consulting business with minimal funds
                   </li>
                   <li>
                    From Shark Tank rejection to building a $1 billion business
                   </li>
                   <li>
                    Seven quick ways to make money investing $1,000
                   </li>
                  </ul>
                  <hr style="border: 0; border-top: 1px solid #e0e0e0; margin: 18px 0;"/>
                  <p style="font-weight: bold; font-size: 15px; margin-bottom: 10px; color: #0073e6;">
                   Market snapshot:
                  </p>
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                   <li>
                    S&amp;P 500
                    <span style="color: red;">
                     ▼ 0.48%
                    </span>
                   </li>
                   <li>
                    Dow Jones
                    <span style="color: red;">
                     ▼ 1.04%
                    </span>
                   </li>
                   <li>
                    NASDAQ
                    <span style="color: red;">
                     ▼ 0.93%
                    </span>
                   </li>
                  </ul>
                 </div>
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                <p>
                </p>
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                   EBay Just Laid Off 800 Employees. Here’s the Real Reason Why.
                  </a>
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                 <p style="line-height:175%">
                  EBay announced it is putting 800 jobs on the block. The company cut 6% of its workforce Thursday, just days after spending $1.2 billion to
                  <a data-hs-link-id="0" data-hs-link-id-v2="xNYbSWzx" rel="" style="color:#2563eb" target="_self">
                   acquire fashion resale app Depop
                  </a>
                  from Etsy.
                 </p>
                 <p style="line-height:175%">
                 </p>
                 <p style="line-height:175%">
                  The timing shows eBay’s urgency to compete with faster-growing rivals. While
                  <a data-hs-link-id="0" data-hs-link-id-v2="a2nt4duO" rel="" style="color:#2563eb" target="_self">
                   Amazon
                  </a>
                  and
                  <a data-hs-link-id="0" data-hs-link-id-v2="QObL256P" rel="" style="color:#2563eb" target="_self">
                   Walmart
                  </a>
                  dominate general e-commerce, newer platforms like TikTok Shop, Temu, and Shein are eating into eBay’s market share with younger consumers.
                 </p>
                 <p style="line-height:175%">
                 </p>
                 <p style="line-height:175%">
                  The Depop acquisition gives eBay access to Gen Z shoppers—90% of Depop’s users are under 34 — but the company needs to fund that growth by cutting costs elsewhere.
                 </p>
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                      Read the full story
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                         Starting a Business
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                        <p class="tk-sofia-pro" style="margin: 8px 0; color:#0F172A;font-size: 19px; line-height: 25.5px;vertical-align:middle;font-weight: 600;">
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                          How to Launch a Consulting Business With Minimal Funds and a Lean, Profitable Model
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                         This approach reduces financial risk while increasing the chances of early earnings and long-term stability.
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                         <img height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fassets.entrepreneur.com%252Fstatic%252F20240229040218-ScienceTechnology-24x.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZhc3NldHMuZW50ciIsInRpbWUiOjE3NzIyODAyMTguMzIwNjg3NX0:1vwJ2o:7dV58yExHolOT6Jr5_LGOt0RwXkia9kzZykRMMgvcko" style="outline:none; text-decoration:none; border:none; display:inline-block; width:20px; height:auto; vertical-align:text-bottom" width="20"/>
                         Science &amp; Technology
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                          The Repeatable Framework That Turns Frustrating AI Outputs Into Breakthrough Results
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                         Everyone has access to the same AI models; the real advantage belongs to those who know how to iterate past the first draft.
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                         Leadership
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                          Why Pushback Matters More Than Validation and How the Best Founders Use It
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                         Why pushback in early-stage conversations is a feature, not a flaw. Here’s how I extract insight from it.
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                    BUSINESS BREAKDOWN
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                    📈
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                 <h2 align="left" style="margin:0; font-size:22px; line-height:160%; text-align:left; font-weight:bold">
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                           I Built a Business In My Garage, Got Rejected On Shark Tank — Then Sold It to Amazon for $1 Billion
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               <div class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_module" data-hs-cos-general-type="widget" data-hs-cos-type="module" id="hs_cos_wrapper_module_17719747471571" style="color: inherit; font-size: inherit; line-height: inherit;">
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                   <a data-hs-link-id="0" data-hs-link-id-v2="CxmLHAbL" style="color:#2563eb" target="_blank">
                    Ring
                   </a>
                   and author of
                  </em>
                  <a data-hs-link-id="0" data-hs-link-id-v2="72xVfagu" style="color:#2563eb" target="_blank">
                   Ding Dong
                  </a>
                  <em>
                   , which explores how he turned his garage-built prototype into a video doorbell that led to a
                   <a data-hs-link-id="0" data-hs-link-id-v2="RbpPsNyL" style="color:#2563eb" target="_blank">
                    $1 billion acquisition by Amazon
                   </a>
                   .
                  </em>
                 </p>
                 <p style="line-height:175%">
                 </p>
                 <p style="line-height:175%">
                  I’ve always been an
                  <a data-hs-link-id="0" data-hs-link-id-v2="/H/Fz0kQ" style="color:#2563eb" target="_blank">
                   inventor
                  </a>
                  . As a kid, I would tinker all the time. That ultimately led to working on a bunch of small tech startups as an adult, but nothing huge. I sort of had an entrepreneurial midlife crisis and told my wife I was just going into the garage to work on things. When I was in the garage, I couldn’t hear the doorbell. It was 2011, and I’d just gotten an iPhone, so I figured there must be a doorbell on the market that could connect to my iPhone with Wifi. But nothing existed.
                 </p>
                 <p style="line-height:175%">
                 </p>
                 <p style="line-height:175%">
                  Since I was already in the garage working on various projects, I decided to build one. I took a camera, hacked some stuff up and developed a contraption I called the
                  <a data-hs-link-id="0" data-hs-link-id-v2="XoeUBuNR" style="color:#2563eb" target="_blank">
                   Doorbot
                  </a>
                  . I put it on my front door. My wife said it made her feel safer at home, which was really the aha moment. It wasn’t just about building the doorbell. It was about understanding that by being connected to the world through our phones, we could approach home security in a totally different way. That changed everything. We set out with the mission to make neighborhoods safer.
                 </p>
                 <p style="line-height:175%">
                 </p>
                 <p style="line-height:175%">
                  A couple of years later, we ended up doing a pre-sale on
                  <a data-hs-link-id="0" data-hs-link-id-v2="GpsCQnEg" style="color:#2563eb" target="_blank">
                   Kickstarter
                  </a>
                  , which gained traction, and took the product on
                  <em>
                   <a data-hs-link-id="0" data-hs-link-id-v2="5Xr9YbYj" style="color:#2563eb" target="_blank">
                    Shark Tank
                   </a>
                  </em>
                  in November 2013. I consider
                  <em>
                   Shark Tank
                  </em>
                  the Olympics for entrepreneurs and inventors. It’s a huge opportunity for credibility and awareness. So I trained as if I were an athlete preparing for the Olympics. I built the set in my backyard and had neighbors come over and ask me questions.
                 </p>
                </div>
               </div>
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            </tbody>
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                         Use this trick to become more memorable.
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                         Most of us go into "Density Mode" the moment we get someone's attention — we think in ideas per second, and value per word. If we have a minute of someone’s time, we’ll talk fast to squeeze in more facts. If we’re giving a presentation, we’ll fill it with charts and graphs.
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                         But here's the thing: your audience will only remember one thing you said anyway. So what if you stopped trying to say everything and instead carefully illuminated the
                         <em>
                          one
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                         thing that actually matters to them? Start there. Say less. Be remembered.
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