Ask an entrepreneur about his journey in his or her business and no doubt he will quote for you the long, hard journey that has kept him lying awake. Taking on any new business venture scares many people around the world, and it is much better to focus on the good things that could come out of it.
Entrepreneurship, without a doubt, forms the backbone of most economies around the globe, as novel ideas help in the development and the setting up of jobs in various countries. A good entrepreneur is a risk-taker who, on being presented with a challenge, gives himself up to it and does not stop to look back even when things go wrong.
They represent enterprising entrepreneurs working at hard yards to achieve their goals, or, to put it bluntly, those who will do everything for a set of their needs. However, here are 4 entrepreneur success stories around the globe:
Stories of Successful Entrepreneurs
In the world of business, obstacles, and issues frequently confront entrepreneurs. We keep seeing them, though, get past these problems and succeed. All those successful entrepreneurs stories give hope and tell everyone that if they possess the will to make those dreams a reality, then anything is possible.
Here are a few entrepreneur success stories:
- Do Wong Chang
Let’s start with the stories of successful entrepreneurs, Do Won Chang, he worked as a cleaner and lived in his car when he moved from South Korea to Los Angeles. Even though Chang came from a poor background, he set out on a road that would eventually lead him to start the huge clothing store Forever 21.
To pursue the American dream, he left South Korea and traveled to the US. After he got here, he did a few low-paying jobs to make extra money. Along the way, he had to give up things that were important to him and money.
In his entrepreneur success stories, he never allowed poverty to hinder him from achieving his business objectives. His breakthrough came when he and his wife, Jin Sook, ventured into opening a small clothes store in Los Angeles, and it became Fashion 21. Then, he and his wife named it Forever 21 in 1984 and sought to sell branded clothes for less money.
- Jan Koum
In the success stories of entrepreneurs, one businessman who has achieved success is Jan Koum. He became CEO and one of the founders of WhatsApp. This man had a hard childhood. Koum was born in a town outside of Kyiv to Ukrainian parents.
When Koum was just 16 years old, they relocated to Mountain View, California, in search of a better life. It wasn’t an easy change. The idea was simple but ground-breaking: an app that let people send notes over the internet. When WhatsApp came out in 2009, this goal became a reality.
It didn’t take long for WhatsApp to grow. A lot of people needed an easy, cheap way to talk to each other. Facebook saw how quickly WhatsApp was growing and bought it for an amazing $19 billion.
Anyone who wants to be great can learn from Jan Koum’s entrepreneurial success stories with WhatsApp. He made a program that is used all over the world and is very important. It’s a story about getting through hard times, accepting your path, and the great things that can happen when you completely follow your dreams.
- Steve jobs
Another entrepreneur success stories, is Steve Jobs, he is a co-founder and former chief executive of Apple Inc., one of the most-known businesses in current history. An excellent entrepreneur, although never a stellar businessman at least during the early days, this has led to many getting inspiration from his tale.
This amount of change brought by Steve Jobs in technology and innovative ideas is truly amazing. His passion for simplicity that he incessantly pursues, great things that one should strive for, and the concept of problems as opportunities that need to be learned from. These are lessons that aspiring innovators can benefit from.
During his tenure as the chief of the company, Apple developed several technological devices, such as an iPod music player and an iPhone smartphone, that revolutionized the way individuals use technology in their daily lives. The reason he has become a significant contributor to innovation in technology is that.
- Bill Gates
From entrepreneur success stories, another entrepreneur story is Bill Gates, who began his journey in college and had just dropped out. They started a technology company with childhood friend Paul Allen, and with their ideas of what software could do, they changed the game by sharing it with the world.
Gates and Allen wrote a code that would make personal computers share information on their own. The interest in computers was so immense that they could not stop thinking about them.
Bill Gates was, in 1987, declared the youngest self-made billionaire in history at just 31 years of age. He had already made over one billion dollars. By 2020, around 90% of the market will be occupied by its Windows operating system.
Inspiring stories of entrepreneurs
In this part, we will discuss how to get inspired by these Entrepreneur success stories
- Do Wong Chang
Do Won Chang’s inspiring stories of entrepreneurs:
- Passion and Perseverance:
Chang’s unwavering commitment to reaching his goal shows how important these two traits are. Accept how excited you are and stay determined when things get hard.
- Adaptability:
Forever 21 grew from a small store to a well-known global brand. It shows that changes are significant when you’re dealing with a business. When you are in business, you should change your mind when necessary.
- Customer-centric strategy:
Chang’s focus on understanding and meeting the needs of the client shows how important it is to take a customer-centered strategy. Watch who uses your services and then make changes based on what you learn.
- Taking Risks:
Taking risks is an important part of being a business. Even though Chang took a huge risk by going after his goal, it paid off. You should be ready to take calculated risks and leave your comfort zone.
- Jan Koum
Inspiring stories of entrepreneurs, Jan Koum
- Take responsibility for your past
Koum’s story shows that your past doesn’t have to decide what will happen in the future. Even though Koum came from a poor family and had a hard time as an immigrant, his experiences made him strong and determined.
- Follow your dreams.
Koum was passionate about codes and had a creative idea for developing a new way of sending messages. All this story reminds you in many respects how one should always follow one’s heart, even when things are uncertain.
- New ideas
Koum took advantage of a chance to improve the way people talk to each other now. His idea for a better way for people to meet with each other has changed the way we talk to each other.
- Being Strong
One of the most important things to learn from Koum’s story is how important it is to not give up. Koum’s story, which included problems like not trusting WhatsApp at first and having money problems, shows how important it is to keep going after your goals.
- Steve jobs
- Resilient
Jobs did what was right and didn’t care what other people thought. This helped him get over setbacks and made it possible for him to take big risks and have huge wins.
- Passionate
He is passionate and said, “Things we should think about when we’re looking at our growth.”.
- Smart
Jobs is known for going with his gut and not doing any market research during his work. He made things that no one else could have thought of because he believed anything was possible.
- Bill gates
- Be optimistic
The more your business grows, the more problems you will have. In entrepreneur success stories, Bill Gates says that an optimist wants to find people who are making progress in those areas and help them share that progress.
- Learn from failures
Change how you see failure. Entrepreneurial success stories: make yourself agree that failure is the route to life and that failing helps one learn. Failure is part of life. Everyone fails at some point in one’s lifetime, so we have nothing to feel bad about. Rather, we must learn from and grow because of it.
- Set long-term goals
Setting a long-term goal for your business is very important for making successful entrepreneurs stories. This will inspire you and drive you to reach your goals.
