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Entrepreneur Advice: Learning From Your Failures

Being an entrepreneur will have its many ups and downs especially at the very beginning of your business startup. You’ll likely question your sanity most days and may feel like giving up more times than you will want to admit. However, you are not alone. Even the most successful entrepreneurs have had their struggles along the way. Here is advice from 4 successful entrepreneurs on not giving up on your goal.

Entrepreneur Advice From Those Who Have Learned From Their Failures: 

1.) Henry Ford

Henry Ford founded the Ford Motor Company; he was the first person to create a system of mass-producing automobiles that made it affordable for the middle class to enjoy this luxury. His great entrepreneur advice:

“When everything seems to be going against you, remember that the airplane takes off against the wind, not with it.”

2.) Reid Hoffman

Reid Hoffman, LinkedIn co-founder, may be a little under the radar in the business world, but he is one of the most influential names around Silicon Valley. He however, did not reach his successful status without failing first. His first dating site SocialNet failed to take off but is credited for being one of the first social media sites. His entrepreneur advice reflects that:

“If you’re not embarrassed by the first version of your product, you’ve launched too late.”

3.) Bill Gates

Microsoft co-founder, Bill Gates advises:

“Your most unhappy customers are your greatest source of learning.”

4.) Steve Jobs

Steve Jobs has been an inspiration to many individuals stemming far from just the business world. His words of wisdom, stories of failure and success are enough to motivate anyone to pursue their dreams. We included two encouraging quotes from Steve Jobs that are both profound entrepreneur advice and life lessons to live by:

“Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do. If you haven’t found it yet, keep looking. Don’t settle. As with all matters of the heart, you’ll know when you find it.”

“Getting fired from Apple was the best thing that could have ever happened to me. The heaviness of being successful was replaced by the lightness of being a beginner again. It freed me to enter one of the most creative periods of my life.”

Use this entrepreneur advice as inspiration!

Obstacles are inevitable in the process of getting your business off the ground and will be apparent for the entire lifespan of your business. This small list has included some insightful entrepreneur advice that you can reference when you feel like you are hitting a wall or running on lost hope.

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