Advertising

Highly Successful Entrepreneurs Who Used to Be Homeless

Advertising
Highly Successful Entrepreneurs Who Used to Be Homeless

The origins of successful entrepreneurs vary from person to person. But did you know that the following successes were homeless at one point?

1. Tyler Perry

Tyler_Perry_-_army_mil-66455-2010-03-09-180359

    Image courtesy of Sgt. Michael Connors, via Wikimedia Commons

    Known for portraying “Madea,” Tyler Perry has amassed fortunes, fame, and fun in his career in the entertainment industry. He’s gained fame as an actor, director, screenwriter, playwright, producer, author, and songwriter, specializing in the gospel genre.

    Advertising

    Perry’s entered the entertainment industry in 1992 as a playwright. After listening to an episode of Oprah, where the daytime talk show host suggested that writing things down was cathartic, he decided to write his first play. I Know I’ve Been Changed was about the pain and shortcomings Perry had experienced in life.

    He was homeless for months at a time and spent many nights in pay-by-the-week hotels or in his car. He used the little money he had to get I Know I’ve Been Changed into a local theater in New Orleans, but he couldn’t seem to draw an audience to the play. However, his persistence and perseverance paid off in 1998. During a limited showing of the play, audiences began to show up in big numbers. The play was so successful, it then moved to the Fox Theater in Atlanta.

    Since 1998, Perry has written 13 additional plays and 12 films. In 2008, he opened his own entertainment studio in Atlanta, with a 400 employee workforce behind him.

    2. Dani Johnson

    successful entrepreneur
      Courtesy of Dani Johnson media kit

      If you don’t believe you can go from living out of your car with $2 in your pocket to becoming a millionaire at 23 years old, then take a look at Dani Johnson. Her life was marred by sexual abuse from her stepfather, teenage pregnancy, and being homeless, but she didn’t allow that to stop her from finding success. In fact, Johnson has turned the obstacles she’s faced into lessons and speeches that empower others to strive for greatness.

      Advertising

      Johnson’s first brush with success came after she began marketing products for a health company from the back of her car. She soon became the company’s top salesperson. Her success sparked interest from others who wanted to know how to duplicate her achievements. Johnson decided to launch her own training company to teach her business skills to others. The training company later lead to the development of her own health and nutrition marketing company.

      The success of both companies turned Johnson into a multimillionaire by the age of 23.

      3.  Suze Orman

      successful entrepreneur

        Courtesy of Suze Orman media kit

        When it comes to personal finances, Suze Orman is one of the persons you think of first. Her knowledge and enthusiasm for money has made her a multimillionaire, but her road to fame and success was not easy. She had to overcome several roadblocks — including a speech impediment that caused poor performance in school, dropping out of college, and living as a homeless person.

        Growing up, Orman struggled to pronounce her R’s, S’s, and T’s properly, which hampered her reading ability throughout the student years. According to Orman, she didn’t score well on her SAT exam. This limited the colleges she could attend to either a community college or a state school. She was accepted into the University of Illinois at Urbana-Champaign, but ran into another challenge her senior year: She hadn’t fulfilled her language requirement. Despite what some may consider a radical decision, she decided to drop out and take a cross-country road trip.

        Advertising

        Orman ended up in California, where she found her first job at a tree service making $3.50 an hour. She couldn’t afford to find a place to stay, so she and a friend lived out of the truck she had bought.

        Orman later found a job as a waitress, which inspired her to want to open her own restaurant. Through donations she raised a total of $50,000, putting the money into a brokerage account. However, the broker mishandled her money and lost it all in three months. This caused Orman to develop a curiosity for how brokers operate. She studied the field and learned all she could about Wall Street.

        Orman later interviewed for a job as a broker and was hired, making $1500 a month. She became one of the most successful brokers at Merrill Lynch. After leaving the company, she used her knowledge of finance to teach people through TV, books, and seminars about how to effectively manage their money.

        4. Howard Schultz

        successful entrepreneur

          Courtesy of Starbucks Newsroom

          Howard Schultz is another example of the amazing amount of success you can gain by simply not allowing your situation to get you down. As a kid growing up in New York City, Schultz and his family were poor. They stayed in public housing and struggled to make ends meet. After graduating from high school, Schultz became the first in his family to attend college — with the help of an athletic scholarship to Northern Michigan University.

          Advertising

          After a successful stint at Xerox, he took on a management role at a coffee manufacturer that worked with Starbucks at the time. He was impressed with the coffee chain that consisted of only four stores. It inspired him to open his own coffee shop, but he had one problem — money. It would cost him hundreds of thousands of dollars to open his own coffee business.

          Following years of dedication to raise the money necessary to open his first shop, he finally had enough. In 1986, he opened Il Giornale and within years he had bought the Starbucks chain and turned it into a multi-billion dollar business.

          Today, Starbucks is the universal name for gourmet coffee.

          Featured photo credit: Dani Johnson via danijohnson.com

          Advertising

          More by this author

          Kim Beasley

          CEO/Business Visibility Strategist

          common stereotypes 8 Common Stereotypes That Shouldn’t Exist Anymore 8 Powerful Quotes From Successful Introverted Entrepreneurs Small Business Saturday 3 Tips To Help You Target Your Ideal Customers For Small Business Saturday 5 Easy Ways Entrepreneurs Destress During the Holidays extrovert 5 Introversive Moments Of An Extrovert That You Might Not Realize

          Trending in Entrepreneur

          1 How To Boost Employee Motivation During Difficult Times 2 7 Effective Ways To Motivate Employees in 2021 3 How To Stay Motivated As You Build Your Business 4 23 Tips for New Entrepreneurs to Get Your Business Underway 5 20 All-Time Best Entrepreneur Books to Make Your Business Successful

          Read Next

          Advertising
          Advertising

          Last Updated on August 25, 2021

          Why Personal Branding Is Important to Your Career

          Advertising
          Why Personal Branding Is Important to Your Career

          As a recruiter, I have met and interviewed hundreds of candidates who have no idea who they are.

          Without a personal brand, candidates struggle to answer the question: “tell me about yourself—who are you?” They have no idea about who they are, what their strengths are, and how they can add value to the company. They present their CV’s believing that their CV is the key to their career success. In some ways, your CV still has its use. However, in today’s job market, you need more than a CV to stand out in a crowd.

          According to Celinne Da Costa:[1]

          “Personal brand is essentially your golden ticket to networking with the right people, getting hired for a dream job, or building an influential business.” She believes that “a strong personal brand allows you to stand out in an oversaturated marketplace by exposing desired audiences to your vision, skillset, and personality in a way that is strategically aligned with your career goals.”

          A personal brand opens up your world to so many more career opportunities that you would never have been exposed to with just your CV.

          What Is Your Personal Brand?

          “Personal branding is how you distinctively market your uniqueness.” —Bernard Kelvin Clive

          Today, the job market is very competitive and tough. Having a great CV will only let you go so far because everyone has a CV, but no one else has your distinct personal brand! It is your personal brand that differentiates you from everyone else and that is what people buy—you.

          Your personal brand is your mark on the world. It is how people you interact with and the world see you. It is your legacy—it is more important than a business brand because your personal brand lasts forever.

          Advertising

          I have coached people who have very successful careers, and they come to me because they have suddenly found that they are not getting the opportunities or having the conversations that would them to their next role. They are having what I call a “career meltdown,” all because they have no personal brand.

          A personal brand helps you become conscious of your differences and your uniqueness. It allows you to position yourself in a way that makes you stand out from the pack, especially among other potential job applicants.

          Don’t get me wrong, having a great CV and a great LinkedIn profile is important. However, there are a few steps that you have to take to have a CV and LinkedIn profile that is aligned to who you are, the value you offer to the market, and the personal guarantee that you deliver results.

          Building your personal brand is about strategically, creatively, and professionally presenting what makes you, you. Knowing who you are and the value you bring to the table enables you to be more informed, agile, and adaptable to the changing dynamic world of work. This is how you can avoid having a series of career meltdowns.

          Your Personal Brand Is Essential for Your Career Success

          In her article, Why Personal Branding Is More Important Than Ever, Caroline Castrillon outlines key reasons why a personal brand is essential for career success.

          According to Castrillon,[2]

          “One reason is that it is more popular for recruiters to use social media during the interview process. According to a 2018 CareerBuilder survey, 70% of employers use social media to screen candidates during the hiring process, and 43% of employers use social media to check on current employees.”

          The first thing I do as a recruiter when I want to check out a candidate or coaching client is to look them up on LinkedIn or other social media platforms, such as Facebook, Instagram, and Twitter. Your digital footprint is the window that highlights to the world who you are. When you have no control over how you want to be seen, you are making a big mistake because you are leaving it up to someone else to make a judgment for you as to who you are.

          Advertising

          As Jeff Bezos, the founder of Amazon, once said, “Your brand is what people say about you when you are not in the room.”

          In her book, Becoming, Michelle Obama writes about the importance of having a personal brand and her journey to defining her personal brand. She wrote that:

          “if you don’t get out there and define yourself, you’ll be quickly and inaccurately defined by others.”

          When you have a personal brand, you are in control. You know exactly what people will say about you when you leave the room.

          The magic of a personal brand is that gives you control over how you want to be seen in the world. Your confidence and self-belief enable you to leverage opportunities and make informed decisions about your career and your future. You no longer experience the frustrations of a career meltdown or being at a crossroads not knowing what to do next with your career or your life. With a personal brand, you have focus, clarity, and a strategy to move forward toward future success.

          Creating your personal brand does not happen overnight. It takes a lot of work and self-reflection. You will be expected to step outside of your comfort zone not once, but many times.

          The good news is that the more time you spend outside of your comfort zone, the more you will like being there. Being outside of your comfort zone is where you can test the viability of and fine-tune your personal brand.

          5 Key Steps to Creating Your Personal Brand

          These five steps will help you create a personal brand that will deliver you the results you desire with your career and in life.

          Advertising

          1. Set Your Personal Goals

          What is it that you want to do in the next five years? What will your future self be doing in the next five to ten years? What is important to you? If you can answer these questions, then you are on the right path. If not, then you have to start thinking about them.

          2. Create Your Unique Value Proposition

          Create your unique value proposition by asking yourself these four questions:

          1. What are your personality features? What benefit do you offer people?
          2. Who are you and why do people enjoy working with you?
          3. What do you do and what do people want you to do for them? How do you solve their problems?
          4. What makes you different from others like you?

          The answers to these questions will give you the information you need to create your professional story, which is the key step to creating your personal brand.

          3. Write Your Professional Story

          Knowing who you are, what you want, and the unique value you offer is essential to you creating your professional story. People remember stories. Your personal story incorporates your value proposition and tells people who you are and what makes you unique. This is what people will remember about you.

          4. Determine Which Platforms Will Support Your Personal Brand

          Decide which social media accounts and online platforms will best represent your brand and allow you to share your voice. In a professional capacity, having a LinkedIn profile and a CV that reflects your brand is key to your positioning in relation to role opportunities. People will be connecting with you because they will like the story you are telling.

          5. Become Recognized for Sharing Your Knowledge and Expertise

          A great way for you to promote yourself is by sharing knowledge and helping others. This is where you prove you know your stuff and you gain exposure for doing so. You can do this through social media, writing, commenting, video, joining professional groups, networking, etc. Find your own style and uniqueness and use it to attract clients, the opportunities, or the jobs you desire.

          The importance of having a personal brand is not going to go away. In fact, it is the only way where you can stand out and be unique in a complex changing world of work. If you don’t have a personal brand, someone will do it for you. If you let this happen, you have no control and you may not like the story they create.

          Standing out from others takes time and investment. Most people cannot make the change by themselves, and this is where engaging a personal brand coach is a viable option to consider.

          Advertising

          As a personal brand coach, working with my clients to create their personal brand is my passion. I love the fact that we can work together to create a personal story that defines exactly what people will say when you leave the room.

          Other People’s Stories

          Listening to other people’s stories is a great way to learn. In his article, 7 TED Talks About Personal Branding, Rafael Dos Santos presents the best Ted Talks where speakers share their stories about the “why,” “what,” and “how” of personal branding.((GuidedPR: 7 TED Talks About Personal Branding))

          Take some time out to listen to these speakers sharing their stories and thoughts about personal branding. You will definitely learn so much about how you can start your journey of defining yourself and taking control of your professional and personal life.

          Your personal brand, without a doubt, is your secret weapon to your career success. As Michelle Obama said,

          “your story is what you have, what you will always have. It is something to own.”

          So, go own your story. Go on the journey to create your personal brand that defines who you are, highlights your uniqueness, and the value you offer to the world.

          Featured photo credit: Austin Distel via unsplash.com

          Reference

          Read Next