fbpx

Haven’t Failed at Business? Maybe You’re Not Trying Hard Enough

Share on facebook
Share on google
Share on twitter
Share on linkedin
Some of the most successful people in history were once considered failures.

Unsplash-Max Bender(Originally posted 02/13/2018)

In business, there are many days when things just don’t go right. Sometimes, the problems can be fixed, but other times, the business fails. When that happens, the owners have a choice: give up or try again.

Truth is, some of the most successful people in history were once considered failures. They could have chosen to remain losers, but they decided to learn from their mistakes, work hard, and turn their lives around.

Who? you ask. Here are five you might have heard of::

Walt Disney dropped out of school at a young age in a failed attempt to join the army. One of his early ventures, Laugh-O-Gram Films, went bankrupt. He was fired from a Missouri newspaper because he “lacked imagination and good ideas.” In 1923, he started the Disney Brothers Studio with his brother Roy. In 1928, virtually his entire animation staff walked out on him. In that same year, he created Mickey Mouse. Four years later, in 1932, he won his first of 22 total Academy Awards.

Joanne Rowling was a single mom living on welfare when she began writing the first “Harry Potter” novel. Twelve publishers rejected her manuscript. Today, J.K. Rowling is internationally renowned for her seven-book Harry Potter series and, in 2004 — in U.S.  currency — became the first billionaire author .

Thomas Edison had teachers who told him he was “too stupid to learn anything.” Once in the workforce, he was fired from his first two jobs for performance issues. He could have gone through life as a failure. Instead, he earned more than 1,000 patents for inventions that included the phonograph, the light bulb, and the movie camera.

Bill Gates was a Harvard dropout. He co-owned a business called Traf-O-Data that offered a product that barely worked and was a complete commercial disaster. A few years later, he created his first Microsoft product. By the age of 31, he was the world’s youngest self-made billionaire.

Albert Einstein had difficulty communicating as a child; he couldn’t speak fluently until age nine. His rebellious nature led to expulsion from school; and he was refused admittance to the Zurich Polytechnic School. His earlier setbacks did not stop him from winning the Nobel Prize in Physics in 1921 for the discovery of the photoelectric effect. His earlier work, the theory of special relativity (published in 1905) corrected the deficiencies of Newtonian physics that went unchallenged for 200 years.

Recent Posts

Mission Statement vs Vision Statement

May 29, 2018

Why Should Anyone Buy What You’re Selling?

Apr 24, 2018

Not All Entrepreneurs Are Whiz Kids

Apr 17, 20

Pros and Cons of Retirement Plans Available to Small Businesses (Part 1 of 3)

Sound retirement plans can help you with employee retention, as well as attracting new talent to your company as an important facet of your overall benefits package.

Read More

Why We Expect More Businesses to File Extensions This Year

Owners of small to medium-sized businesses may want to take a little more time this year to make sure they take advantage of all the opportunities available to minimize their tax bill.

Read More

The IRS Just Released a More Compact Form 1040

With the goal of simplifying Form 1040 to fit onto a postcard, the IRS just released the product of their efforts including the six new schedules for the 2018 tax year.

Read More

Every Tax Return at Brown, Brown Is Prepared in Winter Haven, Florida

Although there is no specific data available regarding the number of returns being prepared overseas, according to the claims by some of the outsourcing firms themselves, the amount is in the millions.

Read More
Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn

Leave a Comment

About Us

Since 1981, we bring measurable results to business owners who want to preserve wealth, boost operating capital, minimize their tax burden, and soar in today’s challenging business environment.

Recent Posts

Sign up for our Newsletter

Scroll to Top
%d bloggers like this: