2.5 FAILURE IS AN OPTION
Friday, 14 October 2016 03:56 | Written by your name 0 comments
Failure
is a word that carries a negative meaning. No one wants failure. In
entrepreneurship, an entrepreneur will not run out of facing failure in
carrying out its business. However, every entrepreneur must make failure as an
option. The real failure is the first step for an entrepreneur to succeed and
thrive. What is important is to plan from the failure and learn from it. The
average successful entrepreneur holds the principle that failure is an option.
Jack Ma
One
of them is the famous Chinese entrepreneur Jack Ma. Jack Ma is the founder,
chairman and CEO of e-commerce company Alibaba, which is great. In personality
Jack Ma, his own entrepreneurial characteristics is believed that failure is an
option. Even now he is known as the richest man in China but it is not owned
wealth of the family heritage. All glory belongs thanks to his perseverance
after a failure. During his school days, Jack Ma academic performance is not
outstanding. This led to his failed twice in placing themselves in any
institute of higher education in China. But after studying and trying he
finally managed to enter the university on the third exam. After graduating
from Hangzhou Teacher Institute, Jack Ma finally became an English teacher at a
salary of $ 12 a month after failing to obtain other jobs including positions
as a manager at KFC.
Having
experienced many failures in search of work, he finally determined to run their
own businesses. He runs the business translate but less satisfactory results.
He was sent to China to claim a business loan from someone in the United States
but failed to even threatened with firearms. Finally he decided to go to
America. Although at first he failed, but his departure to the United States in
1995 was not in vain. One of his friends in Seattle showed him about internet
technology. He saw an opportunity in small business through the sale and
purchase of goods online. This show he never give up each time he failed. This
is because for every entrepreneur to be success, failure is an option.
Walter Elias Disney
One
of the entrepreneurs is Walt Disney. Walt Disney real name is Walter Elias
Disney was born on December 5, 1901, in Chicago, Illinois, US.
Before
Walt Disney became successful there were many difficulties he has to overcome.
First he was fired while working with newspaper company that saying he is lack
of imagination and not creative enough. After that, in 1921, Walt Disney
decided to open his own animation company. It was his first animation company
and named it Laugh-O-Gram, in Kansas City. He made a deal with a distribution
company in New York that he would ship them his cartoons and get paid six
months down the road. Then, the studio was loaded with debt and he was force to
declare his company gone bankrupt in 1923.
In
1926, Walt Disney and Ub Iwerks created a cartoon character called Oswald the
Lucky Rabbit, distributed by Universal Pictures and it was successful. Later,
some said that Charles Mintz had stolen the right of Oswald while some said
that Walt Disney knew that Universal owned the Oswald character. But Walt was
surprised that his animators being signed by Mintz to contracts except Iwerks.
Later
in 1927 when Walt Disney tried to get MGM studios to distribute Mickey Mouse,
they said that the character would never make it because a giant mouse on
screen will make woman frightened. In 1933 The Three Little Pigs was rejected
by the distributors because it only has four characters. At that time they felt
like cartoons should have figures as many as possible. But after that, it
became very successful. It being played at theatre so long that the poster
outside featured the pigs with long white beards.
Lastly,
Walt Disney showed us the quality of entrepreneur by not easily give up but
used the failure itself as an option to get started fresh with more improvement
and became such a legend. Disney Land became very popular and it is every
children dream to get there. Thanks to Walt Disney that never give up but going
through all the obstacles confidently.