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12 Little Known Facts About Famous Entrepreneurs

12 Little Known Facts About Famous Entrepreneurs

Perhaps you read a magazine headline today mentioning the latest hot startup. Or you might have watched an interview or TV show mentioning a popular new product. Even more likely is the chance you used your favorite app on your phone today to connect with friends or family.

All of these media experiences have one thing in common: Entrepreneurs!

Entrepreneurs who launch a business and stay with it long enough often bring valuable, practical experiences and commodities into the world. Many of us are often mesmerized by successful entrepreneurs, wondering how they do it.

It’s not always apparent how a person got from point A to point B. Everyone loves success stories, but few know about the grueling stepping stones involved in the sacrifice. Whether you’re a young professional or a seasoned entrepreneur, these stories below will inspire you to remain humble and persistent in your own businesses!

Read on to discover 12 little-known facts about famous entrepreneurs.

1. Colonel Sanders

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KFC2

    The great Colonel Sanders, iconic founder of the fast-food chain Kentucky Fried Chicken (KFC), began pursuing his fried chicken dream only after reaching age 65. On top of that, Sanders was rejected 1,009 times before his recipe was accepted by a restaurant willing to franchise. Talk about persistence!

    2. Gary Vaynerchuk

    garyvaynerchuck

      The man who built Wine Library–and now owns VaynerMedia–is the legendary Gary Vaynerchuk. Before diving deeply into his father’s existing wine business, Vaynerchuk encountered a number of tear-filled moments with himself while deciding whether or not he wanted to be involved in the family business. He decided to commit, and now Vaynerchuk is widely respected as one of the most influential and savvy marketers alive.

      3. Bill Gates

      billgates

        The Microsoft giant has experienced more than the average individual’s share of success. But the personal computing juggernaut has also been arrested. Sure enough, in 1977, young Gates was arrested for driving without a license and ignoring a red light. Not to fear, though; Gates’ life has been a lawful one since!

        4. Josh Tetrick

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        joshtetrick

          The relatively young founder of Hampton Creek Foods was studying law at the University of Michigan before he came up with his start-up. Since then, the company has seen incredible investments from some of the world’s wealthiest and most prominent tech figures (such as Bill Gates). Hampton Creek Foods is attempting to disrupt the traditional egg industry by building sustainable, vegan alternatives.

          5. Steve Jobs

          stevejobs

            Before Apple, Steve Jobs was working with Steve Wozniak on a game called Breakout for Atari. Jobs was given $5,000 by Atari to develop the game, and he actually lied to Wozniak about the total funding. Jobs claimed the company only provided $700, with Wozniak pocketing $350.

            What did Steve Jobs need the extra cash for? Perhaps he wanted the majority of the funding to use as he saw fit on the project. In any case, Jobs was willing to truly push the boundaries of everyday life to achieve his vision of success.

            6. Larry Ellison

            LarryEllison

              In addition to being a college dropout like Bill Gates and Steve Jobs, Larry Ellison has been heavily involved in the advancement of technology since 1977. If you were to ask a few dozen people on the street who conceived the tablet idea, most folks might think it was Apple. Surprisingly enough, Ellison’s company Oracle was the first to bring a tablet product to market. The Network Computer, a small device capable of basic computing tasks (such as email and Internet browsing), failed to impact consumers due to the lower cost and higher convenience of personal computers.

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              7. Robert Kiyosaki

              robertkiyosaki

                Presently, Robert Kiyosaki is known as one of the most prominent personal finance authors in the world. His books have sold millions of copes, and his name is often mentioned amongst the likes of Tony Robbins, Dale Carnegie and Zig Ziglar. What few people know is the exhausting climb Kiyosaki had before lasting success. In the early 1980s, Kiyosaki noticed that heavy metal bands were the new trend, and he subsequently started a business that licensed t-shirts to such bands. As the decade progressed and heavy metal’s heyday waned, the business fell out and his profits collapsed.

                8. Tony Robbins

                tonyrobbins

                  Tony Robbins, virtually the most acclaimed self-development magnate of all time, failed his way to success over and over again.[1] Most of his followers are well-aware of the stories he shares about his own journey. Even cooler (and more surprising!) are facts about his personal life. For example, not only does Robbins listen to different styles of music, some of his favorite artists are P. Diddy and Tupac!

                  9. Rowland Macy

                  macys

                    The founder of the massively successful department store, Rowland Macy, was a serial entrepreneur. Before becoming successful with Macy’s, however, he failed at seven prior business ventures.

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                    10. Joe Fernandez

                    joefernandez

                      Fernandez created Klout for people to create more influence on social media platforms. Funnily enough, Fernandez himself has been observed to have a low Klout score!

                      11. Amancio Ortega

                      Zara1

                        Once the richest men in the world for a few hours in October 2015, Ortega is best known for being the founder of the Inditex fashion group, a firm that operates clothing lines and retail stores. Ortega began his foray into the clothing industry when he was just a teen, delivering shirts for another company.

                        12. Warren Buffett

                        warrenbuffett

                          In a similar fashion to Kiyosaki at times, Warren Buffett has pushed through a variety of challenges and setbacks on his path to becoming a highly influential investor. Perhaps most impressive is the fact that he still lives in the same house he bought over 50 years ago. His house is not gated, he drives with no security staff and does not use a cell phone.

                          Reference

                          [1] Tony Robins: official site

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                          Published on March 26, 2019

                          How to Write a Cover Letter for a Career Change (Step-By-Step Guide)

                          How to Write a Cover Letter for a Career Change (Step-By-Step Guide)

                          Embarking on a career change, tiny or big, can be paralyzing. Regardless of the reason for your desired career change, you need to be very clear on ‘why’ you are making a change. This is essential because you need to have clarity and be confident in your career direction in order to convince employers why you are best suited for the new role or industry.

                          A well crafted career change cover letter can set the tone and highlight your professional aspirations by showcasing your personal story.

                          1. Know Your ‘Why’

                          Career changes can feel daunting, but it doesn’t have to be. You can take control and change careers successfully by doing research and making informed decisions.

                          Getting to know people, jobs, and industries through informational interviews is one of the best ways to do this.[1] Investing time to gather information from multiple sources will alleviate some fears for you to actually take action and make a change.

                          Here are some questions to help you refine your ‘why’, seek clarity, and better explain your career change:

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                          • What makes me content?
                          • How do I want work to impact my life?
                          • What’s most important to me right now?
                          • How committed am I to make a career change?
                          • What do I need more of to feel satisfied at work?
                          • What do I like to do so much that I lose track of time?
                          • How can I start to explore my career change options?
                          • What do I dislike about my current role or work environment?

                          2. Introduction: Why Are You Writing This Cover Letter?

                          Make this section concise. Cite the role that you are applying for and include other relevant information such as the posting number, where you saw the posting, the company name, and who referred you to the role, if applicable.

                          Sample:

                          I am applying for the role of Client Engagement Manager posted on . Please find attached relevant career experiences on my resume.

                          3. Convince the Employer: Why Are You the Best Candidate for the Role?

                          Persuade the employer that you are the best person for the role. Use this section to show that you: have read the job posting, understand how your skills contribute to the needs of the company, and can address the challenges of the company.

                          Tell your personal story and make it easy for hiring managers to understand the logic behind your career change. Clearly explaining the reason for your career change will show how thoughtful and informed your decision-making process is of your own transition.

                          Be Honest

                          Explain why you are making a career change. This is where you will spend the bulk of your time crafting a clear message.

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                          Speak to the mismatch that may be perceived by hiring managers, between the experience shown on your resume and the job posting, to show why your unique strengths make you more qualified than other candidates.

                          Address any career gaps on our resume. What did you do or learn during those periods that would be an asset to the role and company?

                          Sample:

                          I have been a high school English and Drama educator for over 7 years. In efforts to develop my career in a new direction, I have invested more time outside the classroom to increase community engagement by building a strong network of relationships to support school programs. This includes managing multiple stakeholder interests including local businesses, vendors, students, parents, colleagues, the Board, and the school administration.

                          Highlight Relevant Accomplishment

                          Instead of repeating what’s on your resume, let your personality shine. What makes you unique? What are your strengths and personal characteristics that make you suited for the job?

                          Sample:

                          As a joyful theater production manager, I am known to be an incredible collaborator. My work with theater companies have taught me the ability to work with diverse groups of people. The theater environment calls for everyone involved to cooperate and ensure a successful production. This means I often need to creatively and quickly think on my feet, and use a bit of humour to move things forward to meet tight timelines.

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                          Feature Your Transferable Skills

                          Tap into your self-awareness to capture your current skills.[2]

                          Be specific and show how your existing skills are relevant to the new role. Review the job posting and use industry specific language so that the hiring manager can easily make the connection between your skills and the skills that they need.

                          Sample:

                          As the first point of contact for students, parents, and many community stakeholders, I am able to quickly resolve problems in a timely and diplomatic manner. My problem solving aptitude and strong negotiation skills will be effective to address customer issues effectively. This combined with my planning, organization, communication, and multitasking skills makes me uniquely qualified for the role of Client Engagement Manager to ensure that customers maintain a positive view of .

                          4. Final Pitch and Call-To-Action: Why Do You Want to Work for This Company?

                          Here’s your last chance to show what you have to offer! Why does this opportunity and company excite you? Show what value you’ll add to the company.

                          Remember to include a call-to-action since the whole point of this letter is to get you an interview!

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                          Sample:

                          _________ is a global leader in providing management solutions to diverse clients. I look forward to an opportunity to discuss how my skills and successful experience managing multiple stakeholders can help build and retain strong customer relationships as the Client Engagement Manager.

                          Summing It Up

                          Remember these core cover letter tips to help you effectively showcase your personal brand:

                          • Keep your writing clear and concise. You have one page to express yourself so make every word count.
                          • Do your research to determine ‘who’ will be reading your letter. Understanding your audience will help you better persuade them that you are best suited for the role.
                          • Tailor your cover for each job posting by including the hiring manager’s name, and the company name and address. Make it easy on yourself and create your own cover letter template. Highlight or alter the font color of all the spots that need to be changed so that you can easily tailor it for the next job application.
                          • Get someone else to review your cover letter. At a minimum, have someone proofread it for grammar and spelling errors. Ideally, have someone who is well informed about the industry or with hiring experience to provide you with insights so that you can fine-tune your career change cover letter.

                          Check out these Killer Cover Letter Samples that got folks interviews!

                          It is very important that you clarify why you are changing careers. Your career exploration can take many forms so setting the foundation by knowing ‘why’ not only helps you develop a well thought out career change cover letter, [3] but can also help you create an elevator pitch, build relationships, tweak your LinkedIn profile and during interviews.

                          Remember to focus on your transferable skills and use your collective work experience to show how your accomplishments are relevant to the new role. Use the cover letter to align your abilities with the needs of the employer as your resume will likely not provide the essential context of your career change.

                          Ensure that your final pitch is concise and that your call-to action is strong. Don’t be afraid to ask for an interview or to meet the hiring manager in-person!

                          More Resources About Career Change

                          Featured photo credit: Christin Hume via unsplash.com

                          Reference

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