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5 Minutes Of Entrepreneurial Inspiration

 

LynbrookFS | Raul Checa | Oct 11, 2020

It seems that the advices offered by masterminds like Bill Gates, Steve Jobs and Richard Branson are saying just the same thing, while its very important to be success, failure is the real lesson here. Not only the nice and successful stories of entrepreneurs we should be always reading and looking at because then it seems as if they did everything completely effortlessly just like a magic trick and their business thrive big time. Looking at those mistakes that even those masterminds made in the past, makes it easier to regain from the man obstacles on your way to be successful.

 

BILL GATES

“My biggest motivation? Just to keep challenging myself. I see life almost like one long University education that I never had; every day I’m learning something new.” Bill Gates

The first thing you think when you hear the name Bill Gates, it’s probably mastermind, gifted, philanthropist, inventor and business magnate right? You would never think of him having failed at all in his live. Being a failure, Of course not, but even the co-founder of the largest computer software company in the world (Microsoft) made a number of mistakes throughout the way. The biggest one? Ignoring the power of search and letting Google own that space. When Google was founded in 1998, Microsoft had the most online leverage in the world, but they didn’t prioritize Search, and Bill Gates is regretting it ever since.

“It’s fine to celebrate success but it is more important to heed the lessons of failure.”

 

 

STEVE JOBS

When we hear the name Steve Jobs, we think of wildly successful business man and the creator of all the Apple products we all know and love. That doesn’t mean that Mr. Jobs didn’t had his fair share of failure and lots of mistakes before the success. Mistakes like the failure products he made and nobody talks about. Products like Macintosh TV, the Apple lll and the Powermac g4 cube. If you don’t know about them, that’s because the genius of the iPod, Iphone and iPad have blotted them out.   

“Your time is limited, so don’t waste it living someone else’s life. Don’t let the noise of other’s opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary.”

 

 

RICHARD BRANSON

Richard Branson might be one of the richest and famous citizens in the United Kingdom with an estimated $6 billion, but again that doesn’t mean he didn’t screw up many times. Of course, we all remember him because of the Virgin Group company he owns which is thriving, but what about the Virgin companies that didn’t work? Companies like Virgin Cola, which probably it’s the biggest failure of all his companies, what about Virgin Brides (the brides wedding dress company), Virgin Vodka, Virgin Clothing or Virgin Vie (the cosmetics business) they all went the same way “down the tubes”. The long list of mistakes and failures goes on and on throughout the way. So, what is the answer to his success? Just keep trying.

“My mother drummed into me from an early age that I should not spend much time regretting the past. I try to bring that discipline to my business career. Over the years, my team and I have not let mistakes, failures or mishaps get us down. Instead, even when a venture has failed, we try to look for opportunities, to see whether we can capitalize on another gap in the market.”

 

Have you learned any great lessons from failure?

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Published on 10/19/2020 (181 days ago)