Everybody sees the glamorous life of today that the world’s top entrepreneurs are living. The cars, the private airplanes, and the vacations. But what we don’t see is the years of hard work, resilience, and immense failure. The kind of failure that compels you to give up. That anyone without strong patience cannot fight against. But these entrepreneurs did fight, and these failures are solely why they made it so far in life.
It’s important to talk about these failures, though. Not only because they teach us what not to do. But mainly because they remind us that at the end of the day, these people that we look up to are only human. Just like us. And it can help you hold your head up high in the face of failure, knowing that it might just be a temporary but significant part of the process. The process of success.
1. Mark Cuban
Mark Cuban is quite a name in entrepreneurship in today’s world. Owner of the Dallas Mavericks, Mark is also known for being one of the foremost sharks on the TV show: Shark Tank.
Today his total worth is an approximate $3.3 Billion. But it wasn’t always all money and gold for Cuban. He claims that he’s been fired from “more jobs than most people have had.” His first business venture was Powdered Milk. Yes. You read that right. This leading tech investor of today started off as a powdered milk seller. And even though he had high hopes for his business, the only customers he had were his parents.
2. James Dyson
Sir James Dyson is a British inventor and an industrial designer. He found the Dyson company. Heard of Dyson vacuum cleaners? Well, that’s basically who he is – inventor of the bag-less, dual cyclone cleaner.
But the cleaner didn’t just emerge out of thin air. It took him a decade and a half of hard work and five thousand bad test models before releasing the world’s first bagless vacuum. The expansion of his brand has now covered everything that comes under cleaners. They also do central air conditioners, fans and heaters. Currently, they’re planning on stepping into the electric car industry.
3. Vera Wang
All you fashionistas know this name. Today, Vera Wang is an extremely famous and intimidating name in the fashion industry. But it took her a long time to make it that way.
You may not believe it, but Wang started her professional life as a figure skater. Her initial plans were to get into Team USA and make it to the Olympics. But not all our wishes come true. She didn’t make it on the team. So she dropped that interest and moved into a more commercial, entertainment field of profession. When she first began working at Vogue, she was rejected for the position of Chief Editor. She apparently, wasn’t good enough for the position.
Yet, this wasn’t going to hold her back. She kept working in the industry while managing her own line on the side. Eventually, she became known for creating one of the best bridal brands in the world.
4. Milton Hershey
Milton Hershey.———————Hershey’s is one of the most recognized names in chocolate. But before founding…
What’s your favorite Hershey’s? Mine’s cookies and cream.
Today Hershey is known for their chocolates all over the world. Passed around on every occasion, Hershey’s makes for the perfect treat among families, friends, and lovers. But like all other successful entrepreneurs, Milton Hershey had his fair share of hardships.
Before Hershey’s was found, Milton was trying super hard to start 3 completely different candy brands. All of them died before even being born, properly.
5. Arianna Huffington
Do you ever find yourself surfing on Facebook or Twitter and ending up on a site like The Huffington Post? Yep, Arianna Huffington is the name. The Guru that created one of the biggest news journals of today. In 2011, The Huffington Post was worth $300 Million, when it was sold to AOL. But can you believe that the founder of a Write-up Journal had her second book rejected brutally by 36 different publishers? Believe it.
6. Peter Thiel
— Longform (@longform) February 15, 2018
Co-founder of a company like PayPal, Thiel is a billionaire investor and a venture capitalist. His current Net Worth is $2.5 Billion. Let that sink in. He also became the first public investor of Facebook. He sold his 10.2% stake in Facebook for a billion dollars. His co-founding journey has led him through Valar Ventures and Mithril Capital.
However, in his starting days, co-founding cost him big. The company, Clarium Capital, lost almost all of its $7 Billion capital in assets.
7. Walt Disney
FIRST LOOK: Go around the world with Walt Disney in this exclusive excerpt from Travels with Walt Disney: A Photographic Voyage Around the World by Jeff Kurtti: https://t.co/movUgFewo3 pic.twitter.com/ZYX4rRsqxp
— Disney D23 (@DisneyD23) February 22, 2018
We all know Disney. We grew up with it!
Walt Disney is not just a person or a name. It is an imagination. It is a life that so many, across the world have lived. To date, Disney is creating entertainment for young children, that is meaningful, educational and magical. From TV shows, cartoons to movies. Disney has done it all.
But Walt Disney’s career beginning was quite ironic. This was because the editor of the newspaper that he worked at let him go for apparently “not having good ideas or an imagination.” What a shocker. Let me top it off with how he wasn’t even fit enough to be a local writer.
Disney’s current net worth? $160 Billion. In your face, editor.
8. Thomas Edison
Did You Know? Thomas Edison reshaped the music industry on this day in 1878 when he patented the Phonograph, developed in his West Orange lab.
Image courtesy of Wikipedia pic.twitter.com/HfMul06RW1
— Twin Lights Lighthouse (@twinlighthouse) February 19, 2018
Edison is the father of failure but also an icon of success and remembrance. The light bulb, to date, is humanity’s most significant inventions. Edison’s light bulb changed the ways of the world, completely.
But it took him more than 10,000 shots before finally giving humanity a step forward. In his time, he consequently became, the most successful entrepreneur and inventor.
“I have not failed. I’ve just found 10,000 ways that won’t work.”
9. Steve Jobs
Most don’t know about Steve’s darker side of his Apple history. Yes, the man was an incredible innovator. And he brought Apple on the front page of the world. But let’s shed some light on the fact that in 1985, Apple fired him.
But Steve being the good sport he is, gave Apple credit for even that:
“I didn’t see it then, but it turned out that getting fired from Apple was the best thing that could have ever happened to me. The heaviness of being successful was replaced by the lightness of being a beginner again, less sure about everything. It freed me to enter one of the most creative periods of my life.”