Hi ,
Some years ago I was having lunch with the Chairman of the recruitment agency Mr. Alec Reed, when he said that he was once fired from his accountancy job with a blue chip company and over the years he has had set backs in business but has used the experience to set up a multimillion
pounds recruitment empire.
In fact he approach a publisher to write a book called ‘Failure to succeed’ but ironically was turned down.
And he is by no means alone in learning from pass failures to set up a successful business.
Take the stories of these six entrepreneurs. Their stories end in massive success, but all of them are rooted in failure. They’re perfect examples of why failure should never stop you from following your vision.
- Arianna Huffington got rejected by 36 publishers.
It’s hard to believe that one of the most
recognizable names in online publications was once rejected by three dozen major publishers.
Huffington’s second book, which she tried to publish long before she created the now ubiquitously recognizable Huffington Post empire, was rejected 36 times before it was
eventually accepted for publication.
Even Huffington Post itself wasn’t a success right away. In fact, when it launched, there were dozens of highly negative reviews about its quality and its potential.
Obviously, Huffington overcame those initial bouts of failure and has cemented her name as one of the most successful outlets on the web.
- Bill Gates watched his first company crumble.
Bill Gates is now one of the world’s wealthiest individuals, but he didn’t earn his fortune in a straight line to
success.
Gates entered the entrepreneurial scene with a company called Traf-O-Data, which aimed to process and analyze the data from traffic tapes (think of it like an early version of big data).
He tried to sell the idea alongside his business partner, Paul Allen, but the product barely even worked. It was a complete disaster.
However, the failure did not hold Gates back from exploring new opportunities, and a few years later, he created his first Microsoft product, and forged a new path to success.
- George Steinbrenner bankrupted a
team.
Before Steinbrenner made a name for himself when he acquired ownership of the New York Yankees, he owned a small basketball team called the Cleveland Pipers back in 1960.
By 1962, as a result of Steinbrenner’s direction, the entire franchise went bankrupt.
That stretch of failure seemed to follow
Steinbrenner when he took over the Yankees in the 1970s, as the team struggled with a number of setbacks and losses throughout the 1980s and 1990s.
However, despite public fear and criticism of Steinbrenner’s controversial decisions, eventually he led the team to an
amazing comeback, with six World Series entries between 1996 and 2003, and a record as one of the most profitable teams in Major League Baseball.
- Walt Disney was told he lacked creativity.
One of the most creative geniuses of the 20th century was once fired from a newspaper because he was told he lacked
creativity.
Trying to persevere, Disney formed his first animation company, which was called Laugh-O-Gram Films. He raised $15,000 for the company but eventually was forced to close Laugh-O-Gram, following the close of an important distributor partner.
Desperate and out of money, Disney found his way to Hollywood and faced even more criticism and failure until finally, his first few classic films started to skyrocket in popularity.
- Steve Jobs was booted from his own company.
Steve Jobs is an impressive entrepreneur because of
his boundless innovations, but also because of his emphatic comeback from an almost irrecoverable failure.
Jobs found success in his 20s when Apple became a massive empire, but when he was 30, Apple’s board of directors decided to fire him.
Undaunted by the failure, Jobs founded a new company, NeXT, which was eventually acquired by Apple.
Once back at Apple, Jobs proved his capacity for greatness by reinventing the company’s image and taking the Apple brand to new heights.
- Milton Hershey started three candy
companies before Hershey's.
Everyone knows Hershey’s chocolate, but when Milton Hershey first started his candy production career, he was a nobody.
After being fired from an apprenticeship with a printer, Hershey started three separate candy-related ventures, and was forced to watch all of them fail.
In one last attempt, Hershey founded the Lancaster Caramel Company, and started seeing enormous results.
Believing in his vision for milk chocolate for the masses, he eventually founded the Hershey Company and became one of the most well-known names in the
industry.
Draw inspiration from these stories the next time you experience failure, no matter the scale.
In the moment, some failure might seem like the end of the road, but remember, there are countless successful men and women in the world today who are only enjoying success because they decided to push past the inevitable bleakness of failure.
If you have started a business in the past and failed then don’t let that prevent you from trying something new.
Learn from your mistakes, reflect and accept the failure, but revisit your passion and keep pursuing your goals no matter what.
INVITATION
An Invitation (for you and a guest) to attend a FREE Recruitment Startup Workshop.
We are currently running FREE Recruitment Startup Workshops that are designed to give you an insight into the key skills and knowledge needed to set up and run your very own home-based recruitment
agency.
No previous recruitment or business is required as anyone looking to start up will have direct 1-2-1 training with our companies CEO who has over 40 years recruitment industry
experience.
Here are some of the key points that will be covered at the Workshop presentation:
- Introduction to a new and unique business designed for complete newbies to make money…
- Why now’s the perfect time for you to start your very own home-based
recruitment agency…
- Why it is nearly impossible for your home-based recruitment agency to fail…
- How you can earn a substantial income working just two to three evenings per week…
- How to find immediate vacancies and candidates for you to generate an immediate income…
- Revealed for the first time exactly how recruitment agencies make their vast fortunes…
And much, much more….
If you would like to attend one of our Free Workshop, then all you will simply have to do is to contact our recruitment centre today to book your place on 0800 622 6877.
Places at these workshops go quickly, and, depending on numbers, this may be your only chance to benefit from our FREE Recruitment start Up Workshop.
So, make sure you book today, right now, while you're still reading this newsletter.
I look forward to hearing from you.
Joe Davis FREC
Founder & CEO