|Bill Gates - Traf-O-Data computer business became obsolete.|
Bill Gates, Colonel Sanders and Walt Disney all experienced significant business set-backs during their careers.
The computer business that Gates started with his high-school friend Paul Allen, Traf-O-Data, became obsolete when a free service was provided by the state of Washington to read paper tapes from traffic counters for local governments.
Harland David Sanders, who we know as "Colonel Sanders" went broke when a new interstate bypassed the motel where he had cooked his chicken recipe in it's restaurant for twenty years.
And Walt Disney lost the rights to 'Oswald the Lucky Rabbit' (who?) which contributed to his financial setbacks and the $4 million in debt he had by the early 1930's. (By the way - that's equivalent to about $59 million today!)
But, significantly, they all overcame their business setbacks and went on to great business successes.
Bill Gates and his mate founded Microsoft, Colonel Sanders franchised his chicken restaurant idea and Walt Disney scraped up enough cash to finance "Snow White and the Seven Dwarfs". And the rest, as they say is history.
As the old adage goes, "If at first you don't succeed, try, try again"
Or as Walt Disney so eloquently said, "You may not realize it when it happens, but a kick in the teeth may be the best thing in the world for you."
Have you come back, brighter and better than ever after a business or career set-back? Let's chat...