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There is a saying in the world of entrepreneurs: “The day I quit is the first day I succeed. While this theory cannot be proved wrong, some of the biggest and best companies in the world have lived through their failures, but they have lived to tell the story. When you think it’s time to quit and continue your business next time, take note of these start-up stories, which will prove that anything really is possible and that there is never time to stop.
Successful companies that have had unsuccessful startups
1. Reddit
The Reddit entertainment, social networking and news website has 430 million unique users. By any measure, that is a lot of traffic, even for a website that started 15 years ago. While these numbers may make you wonder if your website can reach such heights, the history of Radio’s humble beginnings proves that anything is possible.
You see, when Radio was first launched in June 2005, it was like any other new website, but no visitors. But instead of waiting for people to get to the site, the two co-founders of Reddit – Steve Hafman and Alexis Ohanian – had other ideas. Haffman and O’Neill created many fake user tags to roll the ball. Using these tags, create your own on a board-like site and enter into conversations. According to Huffman, these false identities serve two purposes. Although these fake accounts are fake users, they not only help to fill the page with users, but also help to set the tone of the page and guide it in the direction that Haffman and O’Hinyan were when they set up the site.
took offIt is about the behavior of the flock. When a website has users, the hidden implication for an outsider is that there must be something visible or actionable. Imagine how you would feel on the street and in the crowd. You want to see what the noise is, don’t you? The lesson here is to make your business look more populated.
2. Moses
A.D. Launched in early 2012, The Muse is a one-stop shop for millennials that offers everything from professional advice to advanced work boards. Although The Moses received a lot of noise in the early months – and a site like Moses was in high demand at the time – co-founder Katherine Minshe knew she needed to find a way to keep up the pace.
Now, it’s no secret that one of the quickest and most effective ways to spread the word about your startup is to tell everyone you know. So Minshe decided to do that. She checked her Gmail account to get emails from everyone she sent. By the time she finished, Minshe had an Excel spreadsheet with about 1,000 email addresses. Then she e-mailed each address: “She began to spread the word.
Minshe soon found herself in a small pile. Perhaps surprisingly, Gmail shut her down as a spammer and locked her account. Now, she could not just continue to email her contact details. She has never been able to email anyone.
took offThere is nothing wrong with using gossip to spread gossip about your business, but remember the old adage: “If he looks like a duck, he swims like a duck, and if he screams like a duck, maybe he is a duck.” If you are planning to use the same scam to promote your business, try to anticipate the same risks.
3. Erbinbi
Today, Erbani is estimated at more than $ 25 billion, and the number seems to be growing every day – but not always. The most difficult start was the first few days. This does not seem to be the case, especially as investors are currently investing in Erbynbi, but the company When it first started in 2008, investors had nothing. For confirmation, check out a recent article by Airbnb co-founder Brian Cheski Medium. In the article, Chessky describes the seven prominent silicon Valley investors who rejected Erbab. It even shares screenshots of rejected emails received. (And who’s laughing now?)
How, then, did Erbab become one of the most valuable startups in the world instead of receiving rejected letters? They did what any thinking entrepreneur group would do and created grain boxes. Wait what? Yes, you did. The team used the “Obama Os” for Barack Obama and Captain McCain, named after the two presidential candidates in the 2008 election, for John McCain – Special Edition Cheerios grain boxes – cardboard and hot glue. It helped him earn thousands of dollars.
took offThe struggle – and the fight – is real. If you want your Airbnb team to continue to grow and prosper, even if everyone says no, it means living out of the box, even though it means you are in a hurry.
4. Instacart
Instagram founder Apoorva Mehta wanted to join Y Combinator in a prestigious Silicon Valley-based seed fund. Unfortunately, Mehta soon learned that he had missed the application deadline by a maximum of two months. It was three years ago. Instakar has now raised over $ 275 million in investments, making Y Combinator the first to jump ship. So how did Mehta get a place in the much-needed Y Combinator program? He was determined.
First, Mehta appealed to the network and asked for access to Y Combinator partners he knew. Soon, he had a lot of introductions in his hand, so he went to the next level and emailed him to share partners. Not surprisingly, since it was two months old, it was rejected. However, Mehta Gugu’s eyes saw a small window of opportunity in a rejected email. Mehta shouted. He used the Instacart app to send Gary Tan, a partner of Y Combinator, a six-pack beer, because he knew that the key to finding a place in the program was knowing his partners. Look, he was working. Mehta accepted a meeting and was soon able to impress the group by joining the program.
took offIdeally, your product should be able to speak for itself. If it works, half of your work is done. The other half is simply getting your product in front of the right people and allowing it to win hearts and minds.
5. Godadi
When GoDaddy founder Bob Parsons decided to move into entrepreneurship, he experienced many ups and downs in his life during the Vietnam War. In fact, Parsons developed a way of thinking that worked best for him during his stay in Vietnam – through war and entrepreneurship. Simply put, Parsons learned to adjust his way of looking at things.
In Parsons, Vietnam, he realized that the key to survival was to take things in stride. Parsons once said. Inc.:
“I’m not worried about injury. I was not worried about dying. The next morning I just focused on calling. ”
By adjusting his thinking, Parsons was able to overcome this.
Four years after Parsons launched GoDaddy, he moved quickly to 2001. GoDaddy was still on the road, but Parsons was planning to shut down the company before it could lose its assets. But after a while, Parson regained his composure. He was in Hawaii and noticed that Valet Parking cars looked “as happy as Lark.” Then and there, Parsons realized that the worst thing that could happen to him if he broke it would be Vallet. Suddenly, the focus shifted from “bad” to “bad” and it was possible to maintain a positive attitude. According to reports, GoDaddy became profitable in a few months.
took offIf you are one of the fallen beginnings, what is the worst thing? Learn, and move on. In many cases, your second or third business may be successful. The worst part is that they can always survive.
6. Marie Forlio
Marie Forlio knows the age at which she decided to become a life coach for the first time. Although she believed that she had the item, she knew that it would be difficult to convince her customers to listen to a very young person. Forlio quickly realized that she had to pretend until she did.
In verse 24 of FounderForlio reveals key to imitating him
“I used the Internet to hide my youth. I never lied but I went outside and a head shot was made and they were black and white and I somehow put on some makeup and I looked like I was probably 10 to 15 years old.
Clearly, the action is fruitful. Marie Forlio was one of them. Inc.The 2014 500’s fastest growing companies undoubtedly have more than 275,000 followers worldwide. Recently, Marie Forlio became one of several consultants on a trip to Richard Branson Necker Island in September.
took offLook forward to the challenges you may face and plan to overcome them. Do not be afraid to face your fears.
7. Uber
In six years, Uber was able to adapt to life drama.
Although co-founders Travis Kalanik and Garrett Camp conceived the idea in early 2009, the first Uberkab (popularly known) app arrived in the summer of 2010. Within a few months of arriving, Uberkab received a letter from the company that changed its name to Uber.
A year later, Andresson Horwitz’s financial support agreement broke down between Uber and NetSkep co-founder Mark Andresen. Details of the situation are still iffy.
Since then, Uber has faced other issues: a wrongful death sentence; A class-action; Allegations Uber operates illegally; Objections; Accusation of sabotage; Allegations of sexual harassment and indecent exposure; Privacy Complaints and Security Issues.
The list goes on, but Uber is still growing. Not only is Uber expected to generate $ 10 billion by the end of the year, but the company is also developing a number of new initiatives.
took off: Uber’s experiences are enough to shake even the hardest entrepreneurs, so how can Uber not only prosper? Simply put, Uber offers the services that consumers love. Moreover, they love Uber more than they think about Uber. That’s enough to get investors to invest in Uber, which will give Uber more than enough money to solve problems one by one.
Read more Doesn’t business make money? Here is why (s)
Don’t be one of those failed beginnings
The above seven start-up stories are just a small sample of the many, many companies that came close to disaster before it became a modern success story. (Anrsa Writing watchmaker Ivan Williams fired all bloggers and then began selling bloggers to Google. When Amazon was on the verge of making a long list of failed startups.)
The evidence is in pudding. Do not despair. Tomorrow is your successful day. Browse Foundr + for all verified frameworks to start and build your business.
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