Its fine to celebrate success but it is more important to heed the lessons of failure<\/p>\n
According to a stat on Forbes.com, 90% of all startups fail<\/strong><\/a>. Needless to say, the road to entrepreneurship is rocky at best and is wrought with its fair share of failures. It is important to know that failure is not an alternative to success; rather it precedes it. Even the most successful people will start off their stories with a slew of botched first attempts. Is it because they did not believe in their missions enough? Quite the contrary actually; it is because they believed in their goals so much that they were willing to risk everything for them. And the fruits of their labor were sweet. Check out how these former entrepreneurial ventures overcame failure<\/strong><\/a> and went from forgettable brands to success \u2013<\/p>\n The founders of the dating app were thirty something entrepreneurs and had no former background in business or technology. In fact, they spent most of their twenties teaching at charter schools in an attempt to, as co-founder of the online dating site \u2018HowAboutWe\u2019 Aaron Schildkrout says, \u201creform the American educational system.\u201d Needless to say that the odds were against them as Schildkrout himself claims, \u201c\u2019HowAboutWe\u2019s\u2019 early days were filled with constant thoughts of failure. Thousands of startups, not to mention dating sites, fail every year. Practically every dating business created in the last 10 years has failed. The odds were against us \u2013 resoundingly\u2026But the idea of creating something out of nothing, something millions of people could use to find love, was worth facing failure for. So we learned to fail more quickly, pushing through bad ideas to arrive at great ideas (and)\u2026never making the same mistake twice.\u201d<\/p>\n \u2018The Muse\u2019 is the brainchild of Kathryn Minshew and is a tool for job searches or career advice. It was launched with a fledgling budget and a small team of editors and writers. \u2018The Muse\u2019 now boasts of over a million monthly users.<\/p>\n However, the road to success for the online career resource was far from straight especially when Minshew faced a setback when she couldn\u2019t log into \u2018PYP Media\u2019, a website that she created before. All of her life savings were in it. What was the cause? According to Minshew, a disagreement between the four co-founders put her in the middle of a disturbing power struggle which eventually escalated with disastrous results. The feud ended up blocking all web access for her team. After losing all of the company\u2019s savings, Minshew decided to use the failure as a stepping stone to a better deal.<\/p>\n All of the people who worked in \u2018PYP Media\u2019 left it to work towards The Muse. It was a resounding success. According to a post<\/strong><\/a> on Entrepreneur.com, \u2018The Muse\u2019 had over 20 million users by the end of 2012 and the backing of big brands in business such as \u2018Sephora\u2019, \u2018Pinterest\u2019, \u2018NPR\u2019 and \u2018Twitter\u2019. Minshew explains her motivation, \u201cIt was painful, but being forced to start over was a unique sort of gift, because having been through a lot together, the team comes out of it with the confidence that nothing is going to stop us.\u201d<\/p>\n1. \u2018HowAboutWe.Com\u2019 Journeys from Faulty Startup to Popular Dating Site<\/h2>\n
2. How \u2018The Muse\u2019 Came to be<\/h2>\n
3. \u2018Lucky Iron Fish\u2019 Overcomes Arrogant Failure<\/h2>\n