Connect with us

Success Advice

Over 100 Highly Successful Companies That Started During Tough Times

Published

on

Image Credit: MTV

“Success is like a giant iceberg,” writes author and motivational speaker Alex Altman. “What people see is only on the surface.” Wise words! And especially in an age where everyone can look like a winner with a carefully crafted Instagram post.

But as Alex points out, behind the picture of a billionaire kicking back on a private yacht, there’s an underwater mountain of early mornings, late finishes, rejection, and a few failures. In other words, real success doesn’t come easy. It’s up to us to go out there and build it. 

So what do you during the times when everything seems stacked against you, like now? After all, starting a new business in the middle of a global recession can’t be a good idea, surely? Many would argue otherwise, and that includes some of today’s top entrepreneurs and CEOs. In fact, as BusinessFinancing.co.uk found out, over a hundred of the Fortune 500 companies launched during massive economic downturns. 

And instead of seeing a recession as an obstacle to success, the best business people view it as an opportunity to offer something new. Former schoolmates  Brian Chesky and Joe Gebbia unveiled Airbnb in 2008. At the time, the world was locked in a global credit crunch. Airbnb cut prices for customers and created a market where cash-strapped homeowners could earn an income. 

Groupon had the perfect business model for a global recession – saving people money. The E-commerce and voucher code provider also launched in 2008 and attracted 35 million users within its first two years.

 And remember, even the most incredible journeys often start from humble beginnings. Back in the US depression of 1960, Tom Monaghan borrowed $900 to open a pizza restaurant to feed hungry university students. He called it Dominos, and that little pizza place is now a worldwide brand that makes $400million a year. 

Here’s a look at some other companies that didn’t let anything block their path to success.

Ashley Murphy graduated with a BA (Hons) in English Literature and Creative Writing from the University of Manchester. He began working as a freelance content writer in 2015. He specializes in technology, higher education, advertising copy, and current affairs.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Did You Know

How Skilled Migrants Are Building Successful Careers After Moving Countries

Behind every successful skilled migrant career is a mix of resilience, strategy, and navigating systems built for locals.

Published

on

building a career as a migrant in Australia
Image Credit: Midjourney

Moving to a new country for work is exciting, but it can also be unnerving. Skilled migrants leave behind familiar systems, networks, and support to pursue better job opportunities and a better future for their families. (more…)

Continue Reading

Life

10 Research-Backed Steps to Create Real Change This New Year

This New Year could finally be the one where you break old patterns and create real, lasting change.

Published

on

Image Credit: Midjourney

Every New Year, we make plans and set goals, but often repeat old patterns. (more…)

Continue Reading

Change Your Mindset

The Silent Skill That Makes People Respect You Instantly

What truly earns respect and why most people go about it the wrong way

Published

on

Respect in the workplace and leadership
Image Credit: Midjourney

Everybody craves respect but not everyone earns it. Some people believe that a title, years of experience, or a position of authority automatically entitles them to respect. (more…)

Continue Reading

Entrepreneurs

The Essential Skills Every Entrepreneur Needs In 2026

Success in the digital age isn’t about luck. It’s about mastering the skills that separate dreamers from doers.

Published

on

digital entrepreneurship success strategies
Image Credit: Midjourney

When I was 22 years old, I started my first side hustle as a ghostwriter. (more…)

Continue Reading

Trending