Most successful business people have had many failures. The trick is to never give up. Since Paul took over XMDC and got the 80 billion share structure fixed he has been trying his best for the shareholders. He did not let the company go bankrupt. He did not dilute the company into oblivion/RS/repeat. He never gave up. We need only one success to turn everything around. I am only one of many who still think MCIC can be very successful.
Successful People Who Failed:
Thomas Edison: Chances are you have heard of Edison in relation to overcoming failure before. He was a master of “trial and error”.
When asked about the many thousands of failures he had when trying to create the light-bulb he famously said, “I have not failed. I’ve just found 10,000 ways that won’t work.” But there is even more to it than that. As a child he was thought to be dumb and told that he would never be a success by many of his teachers, because his mind would often wander in class.
Good thing for us that the greatest inventor in history did not listen.
Elvis Presley: You do not need to be a Elvis fan to acknowledge the impact he has had on popular music. They don’t dub somebody the “King” of a form of music without a great amount of success.
But even for Elvis success came after failure. His first recordings went nowhere. After that he tried to join a vocal quartet and was told he, “couldn’t sing”. Finally, right before he became popular, he was told, “You ain’t goin’ nowhere, son. You ought to go back to drivin’ a truck.”
Michael Jordan: It is hard to imagine it, but the Jordan, who is arguably the greatest basketball player ever, was once cut from his high school team.
As Jordan puts it, “I have missed more than 9,000 shots in my career. I have lost almost 300 games. On 26 occasions I have been entrusted to take the game winning shot, and I missed. I have failed over and over and over again in my life. And that is why I succeed.”
Vincent van Gogh: Van Gogh paintings these days sell for incredible amounts of money. Four of his paintings have sold for more than 100 million dollars.
Yet, Van Gogh is a cautionary tale. In his life he was a failure.
He slowly began to build a “reputation” while he was alive, but he also had a ton of critics. He burned and destroyed many of his paintings out of frustration and was known to only sell ONE PAINTING.
He did not work to overcome his failure and killed himself. Soon after his death his work began to garner intense critical and financial success.
Stephen King: King was working as a teacher in rural Maine when he wrote his first novel, “Carrie”. King had some small success selling short stories previously, but nothing that anyone could create a “career” on. King submitted “Carrie” 30 times. King was rejected 30 times. Before his 31st attempt he threw the manuscript out. His wife rescued it from the round file and asked him to try one more time. The rest…is history.
Fred Astaire: During his first screen test an RKO executive noted that Astaire, “Can’t sing. Can’t act. Balding. Can dance a little.” Despite this initial rejection, Astaire persevered and ended up becoming one of the top actors, singers and dancers of his generation.
Abraham Lincoln: If Lincoln quit when the going got tough, the world might be a very different place. As a young man Lincoln entered military service in the Black Hawk war as a captain. Yet left as a private.
With very little formal education, Lincoln taught himself and became a lawyer and congressman.
His real rise to “national” prominence could also be viewed as a, “failure”. In 1858 Lincoln tried for a seat in the Illinois senate. This led to a series of hotly contested debates. (The Lincoln-Douglas debates). Lincoln lost the senate election, but really impressed a lot of the “right” people, even with his loss. Two years later he ran for president and won. Thankfully he did not let lack of formal education, initial failure or setbacks rattle him.
Albert Einstein: If asked to name a genius, most people would come up with the name Albert Einstein. Yet even for Einstein genius did not come easy. He had speech difficulties as a child and was once even thought to be mentally handicapped.
As a teen he rebelled against his schools reliance on rote learning and failed. He tried to test into Zurich Polytechnic, but failed again (although he did very well in the math and physics section…as you might expect). Einstein buckled down, received the requisite training and applied to Zurich Polytechnic again, and of course was accepted.
A few years later he had a PHD and was recognized as a leading theorist. A few years after that he had a Nobel prize for physics and began to be recognized as the genius of our modern era.
JK Rowling: Rowling is the perfect example that success can come to anyone at any time. She is now doing the backstroke through a pool of Harry Potter money, but that was not always the case. Before Harry Potter became a success she was a divorced mother, living on welfare, going to school and trying to write a novel in her spare time.
