When you’re starting a business, you can expect mistakes and sometimes even failures to come along with it. For most successful people, failure is always a part of their journey. It’s learning how to handle and grow from these experiences that make us stronger and better position us for future successes.
Just take a look at Bill Gates, Richard Branson and Walt Disney. Before dropping out of Harvard and creating Microsoft, Gates co-founded a traffic monitoring website called Traf-O-Data, which failed.
For all Branson’s life, he’s struggled with dyslexia. He dropped out of school when he was 16 years old, but then went on to create Virgin. Even at Virgin, Branson has faced many troubles, attempting to start a soda company, a bridal company and a digital download agency, all of which failed.
Walt Disney was also prone to failure: the high school dropout was fired from a magazine job at 22 years old because the editor felt he “lacked imagination.” After that, he created Laugh-O-Gram Studio, which went bankrupt after two years.
To learn more, check out Quick Base’s infographic to see how 10 billionaires faced failures.