No one knows the value of success like those who failed and failed again. There are many famous entrepreneurs who failed before succeeding. Some of the most famous, rich, and successful people we know failed at their first business ventures. But they dusted themselves off, got back up, and tried again.
Henry Ford once said, “Failure is simply the opportunity to begin again, this time more intelligently.”
Many of them started out like you and me. They were nobody’s who had some great ideas. (Not that I’m calling you a nobody, lol, but you know what I mean). With every failure, they learned what not to do the next time. Each failure was a stepping stone to success.
So if you’re feeling like a failure at your business, you’re not alone. Let your entrepreneurial spirit pick you up and try again. Change your strategy. Come at it from a different angle. Find a mentor who’s already successful, and follow their path. There’s nothing wrong with copying someone’s success strategy. Just don’t copy their material.
By the way, can you see now why becoming successful isn’t an overnight prospect? When you read about these entrepreneurs, you’ll see how they had to work hard to get where they are. It took time, hard work, commitment, and most of all persistence!
Below is an infographic of 10 entrepreneurs who failed before they succeeded. Enjoy!
Wow, some of these people took a lifetime and their life’s savings to get where they are. Now that’s persistence.
Does this inspire you to start again? Or possibly start for the first time. Just think… your own online business to build a passive income. And all from your own home, and in your P.J.’s if you want!
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12 thoughts on “10 Famous Entrepreneurs Who Failed Before Succeeding”
This is an excellent and very well presented post on the important topic of failing before succeeding.
Roger C. Schank, a leading expert on E-learning has custom -designed interactive training programs for many of today’s largest corporations and universities.
He is a big believer that real learning doesn’t take place until the learner fails. In fact he designs E-learning simulations programs that allow failure. The student learns from the failure and then makes adjustments that allow him or her to progress to another level.
I think you did an outstanding job of showing how 10 entrepreneurs failed before they succeeded and how they learned from their failures. Great article.
Thank you Thabo, for your comments.
That is very interesting about Roger C. Schank. To design programs that brings about failure in order to help them learn to adapt, is a good lesson. Thank you for pointing that out.
We can all learn from our failures. It helps to build a stronger foundation for our next project.
Great article and some big names there – certainly a reminder that all is not lost and I need to dust myself off.
Thanks for this
You’re right. After learning what some of these great people lost or failed in is nothing compared to what most of us go through. It really helps to motivate us, doesn’t it!
Hello Suzanne, In Japanese the world for failure actually means opportunity. And its interesting that we think of failure as the end. But in reality as your fabulous article shows, its just trying, trying, trying, until we get to exactly where we need to be. It all leads to wonderful growth and success. So I for one am embracing any doors that seem to close in honor of knowing that so many more open.
In peace and gratitude,
Hi Ariel, and thanks for sharing. The Japanese are very wise. It’s true about learning from our failures, and growing from our experiences. You have a very positive attitude, and it’s great!
What a great and inspiring post! Thanks for sharing this with us, I really liked the quotes for each entrepreneur!! Especially Richard Brandson …yes there is always another but around the corner!…
Hi Orion, and thanks. I really like the quotes too. I like Oprah’s when she says it’s ok to fall down. The world looks different from the ground! Different perspective, different solutions.
Suzanne, wonderful analogy and interesting article. Thank you for pointing these out as I seem to be really lost in this entire process. There are many factors that I have let enter into my mind that are counter productive, and I realize that now. Change is something that I am not afraid of nor skeptical about, I know I can do this. It’s just a matter of time before it all falls into place. Thank you for bringing these 10 persons to this post as it seems it has struck my nerve to do better. Thank you
Hi Xavier, I’m glad it helped you. You’re not the only one who has doubts and feel overwhelmed. I did in the beginning as well. It really does all fall into place once you learn the ropes. If you are following some training, just stick to it, one step at a time, and you will do great. And be careful not to get drawn in to everything you read online. If you need any help or have any questions, please contact me.
Suzanne, it is always inspiring to read about successful people who struggled at times, to know that it isn’t the end of the story. Thanks for sharing this and helping us to know we are not alone.
Thanks Tara, I’m glad you enjoyed it. I can’t imagine how some of these people had the desire to continue, lol. But that’s the entrepreneurial spirit. Never give up!!