Burning Question

What was your first big buy after starting your company?
This story first appeared in the July 2001 issue of Entrepreneur. To receive the magazine, click here to subscribe.

"My first big purchase was a watch from Tiffany's. I was doing a project a few blocks [from] the flagship Tiffany's in Manhattan. When the scope of our project changed and we knew we hit a home run, I decided to go with the Rolex Oyster, as I loved scuba diving and it was such a classic."

-Jennifer Carey
Founder of JLC environmental consultants
New York City

"A few weeks before the company's launch, I bought a bottle of French champagne. It still rests unopened in my fridge. I was so busy, I never had a launch party. When I get around to having one, I know what the invitations will say: 'It's The (After) Thought.' "

-Amelia Ostroff
Founder of It's The Thought.com,
Online Gift Consultation Service
Seal Beach, California

"[Although the combined value of my companies is close to $500 million], I still live in the same apartment and spend cash on the same stuff as before. The only thing I really splurged on was putting my money into starting another company."

-Ric Fulop
Founder of Broadband2wireless (mobile broadband wireless internet provider), chinook communications (broadband technology manufacturer) and into networks (provider of software for broadband companies)
Boston


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