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"The future belongs to those who believe in the beauty of their dreams." ~ Eleanor Roosevelt
Distinction in a person comes with his ability to take severe blows and staying put in the ring. He may lose a match but never his game. Sure they face let downs and frustration, but they don’t get down on themselves. They fix their problems and mistakes, and move on. And that is what attracts glory to him, and that is the lesson we all need to learn in life from these people.
11 Powerful Entrepreneurial Stories To Learn From!
FROM FAILURE TO SUCCESS
Powerful Entrepreneurial Stories To Learn From!
It's fine to celebrate success but it
is more important to heed the
lessons of failure.
Philanthropist | Founder, Microsoft
Bill Gates with his best bud, from Seattle’s Lakeside
High School, Paul Allen, laid foundation of Traf-O-Data
to address traffic congestion issues. But it
turned out to be a lofty goal when in a make-or-break
demo for local county officials,
microprocessor ditched and failed to start. Ouch!
Just Had A Great Idea? Hold That Thought.
The faster you can bring a product to the market
the better. True that. However, if you do not have
confidence in your product or if it’s still too young
to market, stop right there!
Think like a queen. A queen is not
afraid to fail. Failure is another
steppingstone to greatness.
American Media Proprietor | Actress
Oprah Winfrey was fired from her first television job
as an anchor in Baltimore, where she said she
faced sexism and harassment.
Giving Up Is Not An Option.
But Winfrey did not give up and rebounded to
turn out to be the undoubted queen of television
talk shows before amassing a media empire. She
is now worth an estimated $2.9 billion. Isn’t that
A person who never made a
mistake, never tried anything new.
Theoretical Physicist and Philosopher
As a child, Albert Einstein had some difficulty
communicating and learning in a traditional
Everyone Has Their Own Strengths, Recognize Yours.
Obviously, Einstein’s behavioral deficiencies were
not suggestive of a lack of intellect. For the
discovery of the photoelectric effect, and his special
theory of relativity, Einstein won world’s most
prestigious award ‘Nobel Prize’ in Physics. Whoa,
Einstein must be really proud of himself!
You only have to do a very few
things right in your life so long as
you don't do too many things
Investor and Philanthropist
Warren Buffet regards buying Berkshire Hathaway a
“200-billion-dollar mistake.” Buffet bought a
controlling interest in the company so that he could
fire Berkshire’s CEO who apparently insulted him
when he offered a price (for Berkshire Hathaway
shares) lower than the one they had agreed upon
Never Mix Emotions With Business!
No doubt, Berkshire Hathaway acquisition would still
go down in history as one of the greatest investment
success stories. But it was a dreadful investment and
cost Buffet deeply in terms of opportunity cost. So,
the lesson here is to never risk a future prospect in
the wave of emotion. Definitely not, unless you’re
The greatest artists like Dylan,
Picasso and Newton risked failure.
And if we want to be great, we’ve
got to risk it too.
Entrepreneur & Co-Founder, Apple Inc.
Recruiting John Sculley as CEO of Apple was
perhaps the worst mistake Steve Jobs made. Jobs
lured Sculley to take up the position with his
renowned pitch: “Do you want to sell sugared water
for the rest of your life, or do you want to come with
me and change the world?” *Sigh* Sculley no
wonder felt flattered and took the bait. Later, he
organized a board campaign to fire Jobs.
Recruit People Who Fit Your Business.
Recruiting the Right Person for the right job is
essential. Experience, qualification, skills and good
reference – everything counts! But when hiring
someone for a post as crucial as a CEO, invest time
to find someone who believes in your vision and
whom you can trust with your business.
It is impossible to live without failing
at something, unless you live so
cautiously that you might as well not
have lived at all, in which case, you
have failed by default.
J K ROWLING
J.K. Rowling was a single mom living in
poverty and depression when she started
writing her first book. Her first manuscript was
rejected by twelve publishing houses and one
of the publishers advised her to get a day job
since he thought she had little chance of
making money in children’s books. Sadness!
Don’t Get Caught Up In The Noise, Trust Your Instinct!
It is fine to listen to feedback or take advise
from the experienced. But in the end, trust
your own instincts. Do not let people distract
you from your goals and dreams.
You shouldn't dream your film,
you should make it!
Filmmaker and Business Magnate
Steven Spielberg was rejected by the University
of Southern California School of Cinematic Arts
If You’re Not Falling Then You’re Not Learning!
Make it a point, real life starts outside your
comfort zone. Most people don’t succeed
because they’re afraid to fail. Failure actually
makes you stronger and more likely to win the
next time around. Steven Spielberg has so far
won three Academy Awards for his blockbusters.
You don't learn to walk by following
the rules. You learn by doing, and by
Founder of Virgin Group
At the age of 16, Richard Branson dropped out
from his school to launch a magazine for students.
He thought that a nationwide magazine for
students would make him a great success
overnight but things don’t always go as planned.
The student magazine idea was a fiasco, and at
the end he had to close it down.
Not Every Idea Is Worth The Opportunity.
It is important to do adequate research, collect
circumstantial data and understand the demand
before your enter the market. In Richard Branson’s
case, failed attempt to launch a nationwide
student magazine became the starting point to
launch the successful Virgin Records.
I've missed more than 9000 shots in
my career. I've lost almost 300 games.
26 times, I've been trusted to take the
game winning shot and missed. I've
failed over and over and over again in
my life. And that is why I succeed.
MICHAEL JEFFREY JORDAN
Former basketball player and Entrepreneur
Michael Jordan was cut from his high
school’s basketball team.
Persistently Do What You’re Passionate About!
Despite initial setback, Michael Jordan did not
give up. He continued to pursue his passion for
basketball to become the world’s greatest
basketball player of all times.
Life is like a wheel. Sooner or later,
it always comes around to where
you started again.
Stephen King became so irritated over his
attempt to write the novel "Carrie" that he
threw away the entire early draft.
Know When It’s Time To Quit!
When you have poured a lot of time, energy and
focus into something, it is hard to say goodbye to
a beloved project. But it is important to know
when it’s time to call it quits. Because if you can’t,
you may end up losing more.
I think it’s important to have a good
hard failure when you're young. I
learned a lot out of that. Because it
makes you kind of aware of what can
happen to you.
Businessman, Cartoonist and Filmmaker
Did you know Walt Disney was fired by a
newspaper editor because he apparently did
not show a flair for imagination and lacked
good ideas? Duh, yea.
Paddle Your Own Canoe!
It is fine to assume that people have your best
interest in mind and that their intentions are good
but your dream is your own. And its success or
failure solely depends on what you make of it.
Don’t rely on others for your own success.