What do Oprah Winfrey, Bill Gates, Steve Jobs and Walt Disney have in common? OK, besides, they are well-known, wealthy entrepreneurs. They all had failures. Oprah was fired from her first job as a newscaster. Ever heard of Traf-O-Data? That was Bill Gates idea offering traffic data. Steve Jobs was fired from his own company. Walt Disney once suffered and lived on nothing when his characters were stolen and screenings were bust.
Starting your own business is a risk. Are people going to like your product or service? Do they need your product or service? Can you and your business handle an illness, natural disaster, economic downturn, industrial accident, theft or hack?
You have to be prepared for anything and everything. A SCORE mentor can help you with your business plan. Whether you're just starting out or have been in business for a few years, business risks exist. Click here to set up a FREE mentoring meeting with a SCORE mentor near you.
Here are 18 Famous Entrepreneurs and the business failures they overcame:
The lesson here is to not give up. Really, if Colonel Sanders can be rejected over 1000 times, you can face rejection, too.
It's not going to be easy -- it's going to be worth it.