Advertising
Advertising

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

Advertising

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

        Advertising

        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.

              Advertising

              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.

                    Advertising

                    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

                          More by this author

                          Brad Johnson

                          Top 5 Kindle Author | Author of 10 Books

                          entrepreneurs 12 Little Known Facts About Famous Entrepreneurs leaders 20 Timeless Characteristics Of Quality Leaders belly fat 9 Reasons Your Belly Fat Doesn’t Go Away And How To Get Rid Of It language Did You Know This Many People Speak This Language? graphic design All The Choices You Get For Graphic Design In One Place

                          Trending in Entrepreneur

                          18 Life-Changing Skills You Can Learn in Less Than 6 Months 210 Websites To Learn Something New In 30 Minutes A Day 3How To Make Money With CPA: Content Locking 4Revealed: Successful Young Entrepreneurs’ Secrets to Making Their Dreams Come True 512 Little Known Facts About Famous Entrepreneurs

                          Read Next

                          Advertising
                          Advertising

                          5 Powerful Ideas on How to Be Productive at Work

                          5 Powerful Ideas on How to Be Productive at Work

                          Not being able to stay productive at work is a problem that everyone runs into at some point; no matter how much you like your job, there are certain factors that prevent you from staying at maximum proficiency throughout the whole day.

                          A lack of productive focus at work can lead to extra stress on yourself, missed deadlines, passed opportunities, raise denial, demotion and even termination.

                          So, if you are someone who has trouble with your productivity, here are five effective tips on how to be productive at work:

                          1. Take breaks

                          First and foremost, it’s important for you to take regular breaks. Trying to work throughout the whole day will tire your brain, which will then cause you to doze off and think about something else.

                          If you keep working your brain, it will fill up and get jumbled with information—sort of like a computer hard drive. Taking a break would be like resetting your computer so that it can start afresh, or de-fragmenting the data so that all the information is in order.

                          This is a great thing because it allows you to solve problems you were unable to solve previously, by seeing it differently; if you are able to organize your thoughts properly, you will be able to take in new information more easily.

                          There have even been studies about methods of saving time and staying proficient, and taking breaks is one of the leading factors.

                          According to Christine Hohlbaum, the author of The Power of Slow: 101 Ways to Save Time in Our 24/7 World, eating lunch away from your work area every day will greatly increase your productivity. Eating in your work area will give you the illusion that you are working, but whether you like it or not, your brain will begin to wander and think of something else and then you will be working tirelessly with no progress.

                          It’s important to take breaks before and during work too: if you come to work in a rush because you woke up late, your mind will not be mentally prepared for the day ahead, and you will spend the first 10 to 15 minutes trying to get organized and composed before you can actually start working.

                          Advertising

                          Instead, you should try to wake up 20 minutes earlier than the time it would take you to “just get” to work. Take that time to stare off into space and not worry about anything.

                          If you do this, your brain will be empty and ready for all the challenges it has coming for the next few hours.

                          If your employer only allows a set amount of breaks during the workday, that doesn’t mean you can’t just get up and walk around for a quick break every now and then.

                          Even if it’s only 5 minutes, it will refresh your brain and you will gain renewed energy to do your job.

                          Learn more about The Importance of Scheduling Downtime.

                          2. Pace yourself and balance your workload

                          One problem that most people run into is that they underestimate the amount of work they have to do, and end up doing 50% of the work in the last 20% of the time they have to do it. This is due to an issue of balancing one’s workload.

                          When you receive a project, or are doing a job you normally do, take some time to really plan out your work schedule.

                          Consider how much time it took you to do this last time; determine how you can break the project into smaller parts and which can only be accomplished on certain days, and whether anything might come up that could interfere with your plan.

                          All of these questions are important for starting on a project, and when answered, they will help you stay productive throughout each day.

                          Advertising

                          For example, if you needed to design a project to map out the amount of aid offered in various regions after Hurricane Sandy, you can break it up as follows:

                          You will need to know what organizations are offering help to begin with, how much aid those organizations gave or plan to give, which regions were hit by Sandy, and which regions suffered the greatest losses.

                          You start this project on a Thursday and know you have until Tuesday to gather this information.

                          In order to stay productive, you need to plan out your work week—now you know you can find out which organizations are involved in helping the Hurricane Sandy Victims any day since that information is online, but gathering information on the organizations may require you to call them.

                          Since phone calls can only be done during week days, you have to plan on gathering all of that information before the weekend comes.

                          That is just one example of a situation in which pre-planning your project will help you stay productive; had you researched the affected regions first, you would not have received the info on the organizations until the weekend, and may have missed your chance to call them.

                          That, in turn, would have wasted time you could have spent working on this project to finish it.

                          Knowing what you need to do, when you can do it, and how long it will take you, is important in balancing your workload and being more productive and efficient.

                          3. Put your work first

                          This is an issue that usually occurs with young people who are new to the workforce: they’re often tempted with offers to go out at midday, and then come back lost in thought and unfocused on their work-related tasks.

                          Advertising

                          While it is important to take breaks, your breaks should consist of you clearing your mind, not loading it up with other less important information—like sports.

                          However, that is not the only situation where you need to worry about putting your work first before all else.

                          In a work environment, the senior employees will oftentimes push some of their menial tasks onto the newer employees. If you fall into that category, you need to know that their work is not your work, so if you have tasks that need to be done, you need to do it first.

                          If you are a new employee, you must learn to say no to other people even when it means you may not be in their good graces anymore. You can help others out once your work is done, but you are paid to do your own work, not anyone else’s.

                          4. Don’t open your browser unless you need them

                          In this day and age, everyone is constantly monitoring their social network. This is a major pain point for companies, which is why many don’t allow employees to access their social networks on company workstations.

                          When you are at work, disconnect the internet from your phone and keep your browsers closed so you’re not tempted to log onto your social media accounts or browse any sites that are not work-related.

                          If you keep your browsers closed and phone tucked away, only to be used in an emergency, you will find yourself being a more productive employee right away. 

                          5. Try to be happy and optimistic

                          If you always have a negative outlook on life, you will be more distracted and less motivated to get work done, so it’s important for you to start your day off right.

                          This can be done by having a good breakfast or by taking time in the morning to watch one of your favorite TV shows before work.

                          Advertising

                          If you are happy, you will find yourself able to work much more productively as your mind won’t wander into worrying about something else.

                          Also, if you stay optimistic and keep telling yourself that you can do whatever you set your mind to, the tasks will seem much less daunting and will go by much more quickly.

                          Take a look at more effective ways to stay positive at work:

                          15 Ways To Stay Positive At Work

                          Happiness and optimism are the keys to being a productive and happy employee.

                          All in all, heed the five tips above and you will find yourself being one of the most productive people at your company.

                          While you do not need to master them all, each and every one of them will help you become a better and more efficient employee.

                          Featured photo credit: Pexels via pexels.com

                          Read Next