The Failures of Success: Famous Edition (Infographic)

Success generally doesn't come without failure first, and this is no different for those who made huge fortunes.

The success of the likes of Bill Gates, Arianna Huffington and Walt Disney have been talked about countless times and rightly so. What they have achieved within their respected industries is truly astonishing, but it's their failures which helped them along the way which tells the true story.

Take a look at the following 8 famous entrepreneurs to learn about their failures and how they rose above it and took it as a learning curve.

the failures of success infographic

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Infographic Transcript:

If history has taught us anything, then it's that failure is not something we should be afraid of. Failure is a learning curve that helps us achieve.

Take a look at the following 8 famous entrepreneurs, and you’ll notice they all have 2 things in common; failure and success!

Henry Ford

Ford’s love for automobiles started at a young age, however, his fortune didn’t. After two failed automobile companies which saw complaints of high prices and low quality, Ford struck gold with his “Ford Motor Company” which we all know of today.

Quote: “Failure is simply the opportunity to begin again, this time more intelligently.”

Net Worth: $199 Billion (adjusted for inflation)

Steve Jobs

Steve’s irrefutable success did not come along without failures. During Apple’s initial success, the board decided to fire Steve from the company he created.

Undeterred from this, he went on to found NeXT, which was later acquired by Apple and Steve then took Apple to new innovative heights and success.

Quote: “Sometimes when you innovate, you make mistakes. It is best to admit them quickly, and get on with improving your other innovations.”

Net Worth (at death): $10.2 Billion

Colonel Harland Sanders

Sanders was labelled a serial failure and at one point his wife left him because we was always trying to get rich quick.

Following countless failures, Sanders still pursued greatness, and in 1952 (aged 65), Kentucky Fried Chicken (KFC) was born. He went on to sell his stake in the company in 1964.

By the time of his death, KFC had $2 billion in annual sales.

Quote: “I just say the moral out of my life is don’t quit at age 65, maybe your boat hasn’t come in yet. Mine hadn’t.”

Net worth (at death): $3.5 Million

Bill Gates

His first venture at the young age of 17, Traf-O-Data, aimed to create reports for traffic engineers. Unfortunately, it barely worked.

Now, his company Microsoft has solidified his stature as the richest man in the world.

Quote: “Success is a lousy teacher. It seduces smart people into thinking they can’t lose”

Personal Net Worth: $78 Billion

Arianna Huffington

The Huffington Post is regarded as one of the most successful outlets on the web, however, everything was not always rosy for Arianna.

Her second book, written in her 20s, was rejected by 36 publishers.

Quote: “Failure is not the opposite of success; it’s a stepping stone to success” - Elli Stassinopoulos (Mother)

Personal Net Worth: $50 Million

George Steinbrenner

George’s first venture into sport was owning a small basketball team called the Cleveland Pipers. The entire franchise went bankrupt.

Following that, George faced huge criticism of his decisions while owning the New York Yankee’s, but the team eventually made great strides in Baseball and become the most profitable teams in MLB.

Quote: “I haven’t always done a good job, and I haven’t always been successful - but I know that I have tried.”

Net Worth: $1.4 Billion

Thomas Edison

Where would we be without the light bulb? We have Thomas Edison a lot to thank for.

Thomas’ perseverance allowed him to create the light bulb with 1000s and 1000s of failures to his name.

Quote: “I have not failed. I’ve just found 10,000 ways that won’t work”.

Net Worth (at death): $12 Million

Walt Disney

Walt’s creative genius is loved by millions around the world. His iconic characters such as Mickey Mouse skyrocketed his first few classic films into stardom.

But Walt was once fired from a newspaper because he was told that he lacked creativity.

Quote: “You may not realise it when it happens, but a kick in the teeth may be the best thing in the world for you.”

Net Worth: $5 Billion

 

"If at first, you don't succeed, try, try,  try again" - William Edward Hickson

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