How 6 Famous Billionaires Failed Before Succeeding [Infographic]

Scaling / July 23, 2019 / Kristie

To become great at anything, you need to be prepared to suck at it at first. From professional sports athletes to billionaire entrepreneurs, the common thread is that they started somewhere and failed many times before they became successful.

The important thing is that you learn from failure and use those learnings to grow and improve. We’ve written quite a few times about failures we’ve made and the lessons we’ve learned like in this post 3 Important Business Lessons We’ve Learned Through Failure.

To illustrate the importance of failure on the journey to success, EduBirdie has created an infographic showing how 6 famous billionaires failed before succeeding. Check out the infographic below and remember that whatever failure or challenge you’re struggling with now, you can learn from this experience and leverage it to propel you forward on the path to success.

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Infographic transcribed: 

How 6 Famous Billionaires Failed Before Succeeding

Bill Gates:

Hacked school’s computer and was banned.

Co-founded Traf-O-Data that failed.

Gave up Harvard.

Got cream pie in the face.

Accused of stealing Steve Jobs’ idea.

Donated more than $28 billion to charity.

“To win big, you sometimes have to take big risks.”

Jeff Bezos:

Got to know he was adopted.

Cooked fries at McDonald’s

Hated physics in college

Declined jobs at Bell Labs 7 Intel

Invested in a start-up that failed

Worked in garage and built his own furniture

Started a failed action site

One of the richest people on earth

“One of the only ways to get out of a tight box is to invent your way out.”

Oprah Winfrey:

Victim of relatives abuse

At 14 lost her unborn baby

Turned low-rated show into a popular one

Was sexually harassed at her first TV job

Won Emmy and Lifetime Achievement Awards

First African-American billionaire

Donated millions to charities

“Be thankful for what you have; you’ll end up having more.”

Elon Musk:

Was bullied at school

At 14 suffered existential crisis

Gave up Stanford PhD program

Basically lived in the office of Zip2 company

Was fired from CEO position of PayPal

During recession invested $40M in his own company

Now he is founder of SpaceX, co-founder of Tesla, Inc, Neuralink & SolarCity

“Persistence is very important. You should not give p unless you are forced to give up.”

Jack Ma:

Had 70 mile bike rides to his work 

Failed college entrance exam twice

Harvard rejected his application 10 times

Rejected from a job at KFC

Founder of “China Yellow Pages”

Had no support with his escrow payment service idea

Now he is one of China’s richest men

“If you don’t give up, you still have a chance. Giving up is the greatest failure.”

Andrew Carnegie:

Spend childhood in poverty in Scotland

Worked at textile factory with a salary $4.80 per month

Was a telegrapher and railway station worker

Paid not to be drafted into the military

Founder of Carnegie Steel Company

Became leading philanthropist in the USA

“The first man gets the oyster, the second man gets the shell.”

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