Entrepreneurship

5 Business Fails from the World's Most Successful Entrepreneurs

business fails

There's a saying that the majority of successful entrepreneurs have been bankrupt at some point during their lives. You have to be prepared to bounce back from failure and keep pushing towards achieving your dreams. Here are 5 business fails from some of the most successful entrepreneurs in the world that remind us failure is an inevitable part of success.

5 Business Fails from the World's Most Successful Entrepreneurs

business fails

1. Bill Gates

Bill Gates' first business venture was a traffic statistics company which failed. Refusing to give up, Gates went on to become one of the richest self-made billionaires in the world.

2. Arianna Huffington

Arianna Huffington was turned away by 36 publishers before becoming a huge success with Huffington Post.

3. Steve Jobs

Did you know that Steve Jobs actually had his employment terminated by Apple in the 80's before they re-hired him in 1997? The termination occurred due to products like the Apple I and Apple Lisa draining millions of dollars from the company during its early years.

4. Tim Ferris

Author of the infamous book The 4-Hour Workweek, Tim Ferris was rejected by 25 publishers before making this book a best-seller success.

5. Oprah Winfrey

Oprah was fired as a news reporter before becoming the Queen of daytime TV and a self-made billionaire.

 

Discover more business fails from successful entrepreneurs here.