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.

Success Advice

10 Principles to Attain Success in Modern Business

Work hard, play hard is the mantra for success that is given to budding entrepreneurs. But in the 21st century, no single rule can be applied to it.

Published

on

Image Credit: Unsplash

Work hard, play hard is the mantra for success that is given to budding entrepreneurs. But in the 21st century, no single rule can be applied to it. You might even have heard people saying, “Don’t simply work hard, work smart.” There are endless motivational and inspirational videos of successful businesses and of people who can go on and on with their advice.  (more…)

Continue Reading

Success Advice

11 Things to Avoid When Starting a Side Hustle

Published

on

Image Credit: Unsplash

It’s all about the hustle! (more…)

Continue Reading

Success Advice

Why It Can Be Harder for Creatives to Achieve Their Goals

Published

on

Image Credit: Unsplash

Perhaps, like me, you’re a very creative person. A dreamer. An idealist. And you have big goals and dreams you’d like to achieve. If that’s the case, I’m about to share information that will be very beneficial to you. If you’re an aspiring entrepreneur, this information is vital—I know so from experience. (more…)

Continue Reading

Success Advice

How to Achieve Your Goals in Just 90 Days

Published

on

Image Credit: Unsplash

Elon Musk has a great saying:

“Stop being patient and start asking yourself, ‘how do I accomplish my 10 year plan in 6 months?’ You will probably fail but you will be a lot further ahead of the person who simply accepted it was going to take 10 years.” (more…)

Continue Reading

Trending