Top Companies That Were Able To Turn Their Failures Into Success
Businesses are known to experience ups and downs. The only problem is that many people tend to give up when hit by an obstacle. When you look at history, you will learn of companies that were able to conquer their obstacles. this is a list of some of the best companies that have been able to change their circumstances for the best.
Apple is one of the biggest companies in the world. The performance of this company is what has allowed it to be among the best. When you look at its history, you will learn that the company was once about to close. This event came when Steve Jobs was fired. The best thing is that it was able to make the changes that were needed. The company is said to earn annual revenue of around $300 billion. You can learn more here about Apple.
There is no denying that FedEx is the largest company in the logistics industry. Fredrick Smith was the founder back in the 70s. He used the $4 million he had as an inheritance. The company was about to go bankrupt since it had more debts. He was able to save the company when he gambled the $5000 in a casino. Learn more here about this company.
Unless you have been living under a rock, you understand and have used Reddit. At the beginning of their journey, the company didn’t have any users. The founders resulted in creating fake accounts for the company. However, in 2007, the company was acquired by Conde Nast and that’s where things turned around. Since the acquisition, the company has managed to make a name for itself. It is number four in the US as the largest company. The users of this company are said to be around 550 million. Learn more here.
When this company was launched in 2008, it didn’t have any success. Instead, the owners of the company decided to seek alternative methods of raising the capital They were able to raise over $30,000 and were enrolled to an incubator. They learned everything about business and are a huge company with over $2.5 billion in profits. Learn more here.
The history of Marvel is not a pretty one as they were not able to make much money until recently.T When you look at the recent history of Marvel, you will notice that it has made over 20 films today and other impressive TV series, where some of its productions are expected to run until 2020. Learn more here.
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