CAN A BUSINESS SURVIVE ROCK BOTTOM AND RISE AGAIN?

Success has no guarantees, not in business, not in life.

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What thrives today might collapse tomorrow. Even the sharpest decisions and the smartest strategies can't always shield you from failure. But that’s when the real test begins- Will you walk away, or will you rise stronger and come back with a bang?

A renowned businessman, W. Cement Stone, once said, “Like success, failure is many things to many people. With a positive mental attitude, failure is a learning experience, a rung on the ladder, a plateau at which to get your thoughts in order and prepare to try again.”

Many big names, and by that we mean giants like Netflix, Apple, Walt Disney, Starbucks and more, have been through really tough times, but they managed to bounce back.

1. Walt Disney Company

We all admire The Walt Disney Company as the most iconic entertainment company and often thank the company for gifting us animated characters like Mickey Mouse and Donald Duck. Today, the company owns Marvel Entertainment, Walt Disney Studios, Pixar Animation Studios, and many other brands.

In the early twenties, Disney was fired from a Missouri newspaper for “not being creative enough.” In 1921, he founded his first animation studio, Laugh-O-Gram Studio, but unfortunately, it went bankrupt within two years of operation. After this failure, he decided to move west to pursue his dreams in Hollywood. And Disney never looked back. In October 1923, he and his brother Roy founded the Disney Brothers Cartoon Studio, which later became the Walt Disney Studio in 1923.

2. Apple