

After being fired from an apprenticeship with a printer, Hershey started three separate candy-related ventures, and was forced to watch all of them fail. Milton Hershey started three candy companies before Hershey's.Įveryone knows Hershey's chocolate, but when Milton Hershey first started his candy production career, he was a nobody. Once back at Apple, Jobs proved his capacity for greatness by reinventing the company's image and taking the Apple brand to new heights. Undaunted by the failure, Jobs founded a new company, NeXT, which was eventually acquired by Apple.
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However, despite public fear and criticism of Steinbrenner's controversial decisions, eventually he led the team to an amazing comeback, with six World Series entries between 19, and a record as one of the most profitable teams in Major League Baseball. That stretch of failure seemed to follow Steinbrenner when he took over the Yankees in the 1970s, as the team struggled with a number of setbacks and losses throughout the 1980s and 1990s. By 1962, as a result of Steinbrenner's direction, the entire franchise went bankrupt. George Steinbrenner bankrupted a team.īefore Steinbrenner made a name for himself when he acquired ownership of the New York Yankees, he owned a small basketball team called the Cleveland Pipers back in 1960. However, the failure did not hold Gates back from exploring new opportunities, and a few years later, he created his first Microsoft product, and forged a new path to success. He tried to sell the idea alongside his business partner, Paul Allen, but the product barely even worked.


Gates entered the entrepreneurial scene with a company called Traf-O-Data, which aimed to process and analyze the data from traffic tapes (think of it like an early version of big data). Bill Gates watched his first company crumble.īill Gates is now one of the world's wealthiest individuals, but he didn't earn his fortune in a straight line to success.
