Published by Matthew Gustin
2 years ago
When we look at successful people, we tend to think that they have always been so successful. Actually, the opposite is the case. Many of the most successful individuals started with some of the greatest failures, before they could bounce back and reach the highest peaks in their lives.
Ford, the man that founded Ford Motors, was without a doubt one of the greatest entrepreneurs of all times. Seeing that the automobiles of his days were difficult and complicated to drive, Ford wanted to build a car that was easy for anyone to use. He started five companies, which all went bankrupt. Despite mockery, scorn and criticism from his environment, Ford stayed loyal to his own vision. He made his breakthrough with Ford Motors. He created a new corporate culture, and introduced what is natural for us today: the weekend. Although he was ridiculed at the beginning, his self faithfulness paid off. Ford Motors produced more vehicles alone, than the rest of the market together. Ford revolutionized the automobile industry.
Jobs story is maybe one of the greatest comeback story ever. The founder of Apple Inc. just had released their finest creation – the Macintosh – a year earlier, and he had just turned 30. And then he got fired from the company he started. As Apple grew, Jobs hired John Sculley, someone who he thought was very talented to run the company with him. At the beginning everything went well. But then their visions of the future began to diverge and eventually they had a falling out. When the Board of Directors had to decide who would be Apple’s interim CEO, they sided with Sculley. And so, at 30, Jobs was out. It was a devastating loss for him. After his dismissal, Steve founded NeXT and bought Pixar later, which made him a billionaire after the IPO. In a fateful coincidence, Apple almost went bankrupt and then they bought NeXT and Jobs became Apple’s CEO. That’s when Jobs brought the company back to top thanks to with the iMac, iPod and iPhone and thus launched Apple’s golden age which still continues today.
Before becoming the richest person in the world Bill Gates failed as an entrepreneur. Few know that Bill had founded another company before Microsoft. His first company was Traf-O-Data, the objective of which was to read the raw data from roadway traffic counters and create reports for traffic engineers. Gates first tried to sell the processing service to the local county, but their first demo was a failure because the machine didn’t work. Traf-O-Data was Gates biggest failure but also his greatest way preparer for the following success with Microsoft.