Alleged Fact: In 1923 Walt Disney Declared Bankruptcy.
From the bottom of my heart I believe that anything is possible and hope you do to. Maybe you need inspiration or maybe you don’t, but every once in awhile I get slightly disillusioned with my ideas or projects that fail and need to remind myself that you sometimes need to fail hundreds of times before you succeed. Sure the odd time you hit a homerun on the first pitch, but it should never be expected…. or should it?
Is it strange to have the confidence to always expect to succeed and in the same breath the resilience and strength to accept failure? No it’s not strange, I think it’s a necessary combination for success in marketing, creating companies, relationships, and life in general. It is also a common trait of some of the most successful entrepreneurs on the planet.
So here is my dose of inspiration for when it’s needed:
Walt Disney, Frances Ford Coppola, Larry King and Donald Trump all declared bankruptcy at one point in their lives. So did 65 other famous people http://www.popcrunch.com/bankrupt-65-famous-people-who-lost-it-all-50-65/ Delta Airlines filed for Chapter 11 and so did Kmart…they just changed and moved on like many other high profile companies. http://www.rjabankruptcy.com/articles/famouscorporations.html Finally, Thomas Edison had 1093 patents for his inventions, which means he had massive failure and only hit a few major homeruns!
I hope that you or I will never have to experience bankruptcy or failure to the degree that Walt Disney or Donald Trump have, but at least if we do, we can rest assured we are in pretty good company.
I leave you with two quotes.
George Bernard Shaw:
A life spent making mistakes is not only more honourable but more useful than a life spent in doing nothing.
Experience is simply the name we give our mistakes.