The Bootstrapped Billionaires
Fred DeLuca
With just $1,000 in his pocket that he borrowed from his friend Peter Buck, Fred DeLuca stepped forward to start his own business. He did not sign a lease to not part away with $25 that he would need to pay to the lawyer as fee. Today, he has over 26,000 stores worldwide. DeLuca is the founder of Subway, which is one of the largest privately held businesses in the world.
Before starting Subway, he worked at a low wage paying job at a hardware store, trying to raise money to pay for college to study in the field of medicine. After succeeding in his business, DeLuca continued his dream to go to college and graduated from the University of Bridgeport.
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