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Your email address will not be published.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 *

Explode Your Social Media

Want More Views? Master These 6 YouTube Growth Tactics

Getting a strong start or feeling stagnant are two completely different problems, but they both need momentum, viewer engagement, and growth to fix them.

Published

on

YouTube growth strategies
Image Credit: Midjourney

Strategic planning combined with unwavering dedication allows you to rise above the chaos of YouTube—luck won’t get you anywhere.  (more…)

Continue Reading

Change Your Mindset

The Leadership Skill Nobody Talks About (But Changes Everything)

Curiosity often takes a back seat to certainty and gets labeled as a soft skill, which makes it sound obvious and easy

Published

on

leadership through curiosity
Image Credit: Midjourney

Most of us, when faced with challenges, instinctively seek certainty and answers. In turn, our ego steps in and prompts us to defend our views, double down, or perhaps disengage.  (more…)

Continue Reading

Success Advice

Breaking the Bias: How Females Can Thrive In The Workplace in 2025

The good news is that some steps can also be taken by female business leaders who are looking to voice and fight these issues, take charge of their careers, and grow their business or influence in the industry.

Published

on

Overcoming gender bias in the workplace
Image Credit: Midjourney

Over the past 100-odd years, women have played a critical role in the ever-changing labor force.  (more…)

Continue Reading

Success Advice

Success Isn’t Sexy: 5 Daily Habits That Actually Work

You’ll need to master the unsexy routines that build momentum in the background

Published

on

unsexy habits that lead to success
Image Credit: Midjourney

There’s a gritty, unfiltered side of success that rarely makes it to our timelines or TED Talks. It’s not drenched in neon lights, wrapped in viral quotes, or toasted with champagne selfies. It’s quiet. It’s routine. And honestly? It’s often boring. (more…)

Continue Reading

Trending