4 Startups That Tasted Terrible Failure And Then Climbed Up The Success Ladder

Failure teaches you the most important lesson that success can never teach. Failure helps you to not repeat the same mistakes that you repeated earlier and if you don’t learn anything from your mistakes then you can never succeed. So here are the stories about people who found super success after overcoming failure.

Bill Gates first company was a complete failure:

Bill Gates is now one of the world’s wealthiest individuals, but he didn't achieve success at his first attempt. He entered the entrepreneurial scene with a company called Traf-O- Data, which aimed to process and analyze the data from traffic tapes. He tried to sell the idea alongside his business partner, Paul Allen but the product didn’t even work and was a complete disaster but this didn't stop him,  a few years later, he created his first Microsoft product and achieved tremendous success.

Walt Disney was told he lacked creativity:

Walt Disney was fired from a newspaper because he was told he lacked creativity. Trying to persevere, he formed his first animation company, which was called Laugh -O – Gram films. He raised $15, 000 for the company but was eventually was forced to close Laugh-O -Gram, following the close of an important distributor partner.

Steve Jobs was fired from his own company:

Steve Jobs found success in his 20’s when Apple became a massive empire, but when he was 30, Apple’s board of directors decided to fire him but that didn’t make him lose his willpower and determination, he founded a new company, NEXT, which was eventually acquired by Apple. Once back at Apple he took the Apple brand to new heights.

Milton Hershey started three candy companies before Hershey’s:

When Milton Hershey first started his candy production career, he was nobody. He started three separate candy related ventures, all of which failed. In one last attempt, Hershey founded the Lancaster Caramel Company. As he started to see enormous results, he built on his vision for a brand of chocolate for the masses and started Hershey’s.

It Ain’t Over Until It’s Over

Mistakes are a fact of life; it is the response to error that counts. We all make mistakes and fail at some point in our lives, but rather than running and hiding, learn how to overcome failure. Failure can hurt. It can stop you dead in your tracks and make you question everything about yourself. But it doesn’t have to be the end of the world. It doesn’t have to be the end of your journey unless you allow it to be. In fact, it can even be turned into a secret weapon if you can learn how to spin your stumbles into strengths. Every time we fail we fret it, we try to avoid and we question ourselves. But the simple truth is, no great success was ever achieved without failure.

Failures are stepping stones to achieve our dreams. Ever found someone who always had everything work out for him with no struggles? The answer will always be ‘no’. Don’t expect that success will be there at every door you may also encounter failure at times. It is a natural part of the process so don’t afraid of failure rather; be prepared for it and try to find ways by which you can minimize the losses of the failure. Moving on from failure is very important in order to achieve your entrepreneurial goals and it won’t happen automatically. You will have to rise up and say, ‘yes! I am moving on with my life’. When you deal with failures you try to take actions as soon as possible equivalent to
running from the problems; instead, take a moment so that you can be sure that you are making right decisions for future. Always try to learn something from your mistakes. Never think failure as a waste of time, it is the time invested in gaining more knowledge and experience. “Failure should be your teacher, not Undertaker. It is a temporary detour, not a dead end.”

Every day is like a battle in the ultimate journey of an entrepreneurial dream, and one must stand again after biting the dust in order to live the dream. This is the story of Nemesh Singh and his team who founded an online scheduling software company Appointy. Nemesh who calls himself an engineer by chance, not by choice did his B.E (Mech.) from OIST College Bhopal. Where he didn’t succeed to get a job which made him start a journey from his bedroom with the computer his father gifted to a company which serves over 100K customers in more than 110 countries with not more than 1% of Indian customers. It’s not a fabled tale that Appointy is now making about $450 Mn+ of commerce every year for clients.

A Story Full of Hurdles

The story of Appointy is rather an adventurous one than a cakewalk. Initial experiences were like a mountain climb which taught them the good and odds of this relentless and ever challenging world. Right when the graph of change was at its absolute extreme exponent, the commencement of 21 st century when the world of internet was a
teenager, Nemesh and his team have been a long way. Working as a freelancer they initially developed websites for customers, after 3 years he moved on from websites to building products. For their first ever cheque for their product Extreme Call Manager, Nemesh tells that literally his shoes got torn pitching to buyers. The experience taught him that back then, Indian clients are reluctant to pay. Dues for about 7- 8 of his projects never happened, which discredited that market as of their dream and cleared the picture of the market of their interest.

Why Not in India?

The market understanding led them to focus on outsourced projects from outside the country. And even asked the clients not to pay upfront money instead of pay if they liked the work. They would deliver the work at lower cost in less time. This paid off making them ground stable and accepted.

Revolution in Online Scheduling

Then Appointy was found in 2007 an online scheduling software which helps the businesses to focus more on their clients and increase the productivity. By the use of open and spare times, the companies were at positive output. The update of social networks, alerts, memorandum, reminders, professional calendars, discount coupons, pre-payments and some other methods to solve the problem were made easy with this.

The Unique Feature!

They were the first team to develop a free plugin to add Facebook ‘Like’ support on a site. This was a hit and turned out to be their record written in gold and advertisement for Appointy in plugins. Appointy survived two major befalls, overcoming bankruptcy they come out as the diamond from the pressure. The right market and better work made it all real. After their setback in 2011, they started with a new approach, monetizing Appointy as a SaaS-based business. Pro planning and acquiring more and more customers were the major nourishment in

Almost 20000 appointments are booked through Appointy every day now. The tough track of commerce is now not a startling factor for Appointy. This is about success and glory, and which has a story.