Behind All Successes Are a Series of Failures
When starting your own business, you should be ready for some failures along the way – but the most successful firms learn from their mistakes. As author C.S Lewis once said: “Failures are finger posts on the road to achievement.”
Take Apple. The Cupertino-based tech giant may be known for the runaway success of the iPhone and Ipad. But as our Infographic shows, Steve Jobs suffered a number of epic fails over the years.
Some misses like the Apple III and the Macintosh Portable, almost put them out of business!
Never Giving Up
But they didn’t give up – even when their machines were tipped for success, but failed to appeal to the tech market. Take the PowerPC processor for example. It could be used as a games console and a word processor, but consumers weren’t bothered.
The same can be said for Apple’s U2 iPod and the U2 album giveaway “Songs of Innocence”. Both failed, but perhaps because of the music churned about by the Irish rock band more than the marketing idea.
And FireWire’s inability to displace the USB, encouraged Apple to develop the Lightning Cable, which is now the standard iPhone charger cable. Even some good ideas did catch on. What about the Power Mac G4 Cube? A shiny monitor in an acrylic glass enclosure with upgradeable video – surely, that had to work! The idea was magic in a box, or as Apple might say, it was genie-us. Consumers didn’t think so. It failed.
Thanks to Kunie for sending in the link!