entrepreneurship.
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.
Entrepreneurship
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