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Everything We Can Learn from the Most Famous Entrepreneurs Around the World

Everything We Can Learn from the Most Famous Entrepreneurs Around the World

Does your business seem like it’s about to fail? Do bills pile up and customers don’t come no matter what you do? Instead of giving up, you can learn from the most famous entrepreneurs around the world and follow their examples in finding efficient answers for problems.

Their solutions are different in execution, but they all boil down to these principles:

  • Never stop trying – giving up removes any chance of success.
  • Grab every opportunity – it’ll provide you with resources to accomplish your ultimate goal.
  • Stay focused on your goal but expand your vision – developing in new directions will help you improve and provide additional resources.
  • Turn every failure into a learning experience – use the time you have now to learn something new and try a different approach.
  • Be patient and persevere – understand that success doesn’t come overnight and one has to work hard to achieve it.

Learn from the Most Famous Entrepreneurs: Examples of Perseverance

Let’s learn about some of the most famous entrepreneurs and get inspired by their stories.

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1. Milton Hershey (Hershey’s)

    Hershey started three candy companies in different cities, and each of them failed. He kept trying starting the Lancaster Caramel Company, as caramel was the most popular sweet at the time. Once it got rolling, he sold it to start Hershey’s as he believed that chocolate was the treat of the future.

    2. Todd Graves (Raising Cane’s)

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      Graves’ chicken fingers restaurant business plan was failed by the professors in class and rejected by banks. He did not give up and worked extremely long hours (90-hour weeks) to raise money and start his first restaurant on his own.

      3. Earl Silas Tupper (Tupperware)

        Tupper’s first business went bankrupt, and he barely managed to get a job during the Great Depression. He was hired by the DuPont Chemical company, where he created his first containers and started selling them everywhere he could. The sales were low despite the quality and ingenious design. Eventually, he tried a new approach and established ‘Tupperware parties, suggested by one of the sales executives Brownie Wise.

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        4. Osman Minkara (CIG Capital Advisors)

          Minkara started his business career in the US from the American Express Financial Advisors where he learned all about how to generate more sales leads through cold calls and developed leadership skills. He started his company from the savings he made, but as it began growing, almost all his financial advisors and their clients were seduced away by a competitor. Instead of giving up, Minkara chose to rebuild it from scratch, changing his targeted group of customers and developing a unique line of services. Now his company manages over $200 million wealth.

          5. Nick Woodman (GoPro)

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            Woodman started and failed as an entrepreneur two times. He was reduced to moving in back with parents before trying again and giving his all to GoPro, which turned into a staggering success.

            6. Simon Cowell (American Idol, X-Factor)

              Bouncing between jobs since he was 15, Cowell finally discovered his passion for music production when he got hired by the EMI Music Publishing (worked in a mail room). His first independent publishing company failed within a year, and he went to a small music company where he stayed for eight years and worked to pay off his huge debts. Then he continued working with talents behind the scenes before he finally managed to launch his most successful franchises.

              To Become a Successful Entrepreneur: Never Give Up

              There are hundreds of stories similar to these, but all these entrepreneurs teach one most important lesson. One should never give up.

              If your original idea fails, don’t just beat the same path. Develop a new approach and try again and again.

              More by this author

              Melissa Burns

              Entrepreneur

              Wealthy, Successful People Who Choose Less over More: 10 Real-Life Stories of Minimalists If You Want to Succeed in Life, You Need to Find Your True Calling First Why Do We All Feel Empty Sometimes Everything We Can Learn from the Most Famous Entrepreneurs Around the World YouTube Blogger 4 Pillars of Becoming a Successful YouTube Blogger

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              Last Updated on June 19, 2019

              10 Websites To Learn Something New In 30 Minutes A Day

              10 Websites To Learn Something New In 30 Minutes A Day

              Learning something new is always an exciting endeavour to commence. The problem is that most of us get wrapped up in busy distractions throughout the day so that we can never find the time to learn the new skill we want.

              What’s worse is that some of us spend hours learning this new skill only to give up after a few months, which is precious time that goes down the toilet.

              Luckily, there’s a better solution.

              Instead of using our time to sit through long lectures and lengthy video courses, we can take advantage of all the amazing websites that can help us learn a new skill in 30 minutes or less.

              We’ve collected the best sites that teach a diversified list of topics and have decided to share them with you here today. Enjoy!

              1. Lynda

              Estimated time: 20-30 mins
              Topics: Business, marketing, design, software tools

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              Get access to 1,000s of courses with a 10-day free trial to develop your skills in business, photoshop, software, and much more.

              2. Skillshare

              Estimated time: 20-30 mins
              Topics: Cooking, design, software tools, marketing, photography

              Ten dollars per month gets you access to bite-sized, on-demand courses taught by leading experts like Gary Vaynerchuk, Guy Kawasaki, and more.

              3. Hackaday

              Estimated time: 5 mins
              Topics: Life hacks, productivity

              This website delivers tips to make your life better and more productive. Just 5 minutes a day is all you need to learn new life hacks to improve your lifestyle.

              4. Codeacademy

              Estimated time: 15-30 mins
              Topics: Software development

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              A gamified approach to coding, Codeacademy helps anyone build a website through an interactive learning method. Learn any programming language from HTML, CSS, Javascript, Ruby on Rails, and more by actually building instead of spending your time on theory.

              5. 7-min

              Estimated time: 7 mins
              Topics: Health & Fitness

              Do you have just 7 minutes to get in shape? Most of us aren’t in the shape that we want to be because of the lack of time we have. Putting our workout apparel on, driving to the gym, and driving back can take up a lot of our time in themselves.

              In just 7 minutes, this website will go through dozens of routines to get you in shape and ready for the day ahead. Time is no longer an excuse!

              6. Calm

              Estimated time: 10 mins
              Topics: Meditation

              Get guided meditations right to your screen. With Calm, you can learn different types of meditation where a teacher can guide you step-by-step through the process, even if it’s your first time trying meditation.

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              7. Highbrow

              Estimated time: 5 mins
              Topics: Business, creative skills, design, history

              Bite-sized email courses delivered to your inbox every morning to learn everything from film history, marketing, business, and more.

              8. Big Think

              Estimated time: 10 mins
              Topics: Technology, science, life

              Learn from the world’s experts about scientific breakthroughs, revolutionary business concepts, and more in short, chunk-sized videos.

              9. Khan Academy

              Estimated time: 30 mins
              Topics: Academics

              Recognized by Bill Gates as one of the best teachers online, Salman Khan breaks down complicated subjects into simplified concepts to help you understand them in minutes, not weeks.

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              10. Rype

              Estimated time: 15-30 mins
              Topics: Foreign languages

              Are you “too busy” to learn a language? Meet Rype, your personal trainer for languages. Get unlimited 1-on-1 private language lessons with professional teachers around the world. Each lesson is just 30 minutes, allowing you to fit learning a language into your busy lifestyle. You can try it free for 14-days and see for yourself.

              Over to you

              Which of these topics were your favorite?

              We’d love to hear from you, and please share this with friends who are also looking to learn something new!

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