Entrepreneurs That Failed Before Becoming Successful

Entrepreneurs That Failed Before Becoming Successful

A lot of people believe that they are never going to be successful. Perhaps you have had a failed business idea and are close to giving up on your dreams. Well, know that it is still possible to make it work. You just have to really believe in your idea and put in the hard work and dedication. While these are just words, know that a lot of famous entrepreneurs failed before they became successful and people you know today. Let’s take a look at some names you will recognize.

Tej Kohli

Tej Kohli is known for several things. While he has recently invested in esports, he is also known for investments in technology and having a company in Costa Rica. But, something that the world knows about Tej Kohli is that he created a not-for-profit called the Tej Kohli Foundation. This foundation is helping people with blindness and making a lot of progress around the world. But, it is important to understand that, like many entrepreneurs, his road to success was paved with the odd misfortune. Yet, he persevered and is now at a point in his life where he is fulfilling his dreams.

Jeff Bezos

Almost everyone shops on Amazon and it has become a popular place for purchasing almost anything and having it delivered straight to your door. Indeed, Jeff Bezos has made a fortune from the company. But, he was not always successful and it took a while for Amazon Marketplace to become a brand that everybody knows and trusts. In particular, he had a lot of his ideas fail to begin with and it was not always plain sailing. This can be used as motivation if you have a business idea but are scared of failure. Sometimes, failure is a necessary element to achieve eventual success.

James Dyson

Have you ever owned a Dyson vacuum? Well, you might be interested to know James Dyson and his story. He did not create this idea overnight. We are talking about the bagless vacuum that is now standard in the industry.  In fact, he was rejected many times before Dyson vacuums became a household name. James Dyson made over 5,000 prototypes before he came up with the winning solution. This took over 15 years before he saw success. But, he did not give up and his innovative idea became popular in Japan before homes all over the world were investing in Dyson vacuums. Now, James Dyson has a legacy and makes a lot more appliances than ever before.

Soichiro Honda

It doesn’t matter where you are driving to, you are always going to see a Honda on the road. This is a popular car now, but it was not always this way. In fact, Soichiro Honda was knocked back many times before he was able to start his own company. He was always determined to work in the automotive industry and he left school at the young age of 15 to pursue his dream. He eventually had his own auto repair shop. Then, this led him to create his own automotive parts. However, they were rejected by Toyota. Instead of giving up, this was not the end for Soichiro Honda. Instead, he invented a motor that used less gasoline when there was a shortage during World War II. This led to Honda and motorized bikes.