Well, we all know that entrepreneurship is extremely rewarding. There is an endless list of nobodies who have now become a household name, owning to their successful Business journey. However, not many people are aware of the fact that running a company is one of the most uphill tasks around. It does not only test your skills but also puts your patience and determination through trial as well. This is the major reason why an overwhelming majority of the entrepreneurs give up halfway.
Currently, almost every business is facing a financial crunch and running short of enthusiasm due to the global pandemic. If your motivation level is also nosediving, it is about the time to scratch up the careers of the following business leaders and learn how to take the prevalent challenges head-on:
1. Jeff Bezos
Economic well-being is one of the biggest reasons why an individual chooses the path of entrepreneurship. And Jeff Bezos, being the richest man of the world, appeals to the modern-day generation. Bezos did not have the deep pockets right from the get-go. He laid the foundation of a little online bookstore back in 1994 and titled it ‘Amazon’. Gradually, Amazon started to offer additional products and services down the road.
The insiders of the business world state that Bezos barely earned any considerable amount through the online store for the initial 20 years. But the man had the spine to continue with his venture, and it paid off big time.
If you dive into Bezos's philosophy, there is nothing complicated about it. He insists on utilizing the time in the most productive ways, and applying for an online bachelors degree in organizational leadership is one fo them.
2. Bill GatesBill Gates stormed the world by establishing Microsoft in 1974, along with a co-partner. His popularity has never dropped ever since then. If anything, the fame has only skyrocketed over time. Nothing to take away from the latest innovations, but the tech-industry would not be what it presently looks like if Gates had not steered it on the path of revolution.
As years slipped by, Gates parted his ways from Microsoft and took charge as a leading philanthropist. Once the wealthiest man, Gates has now decided to lift the health standard of the poorest nations of the world.
3. Jack MaLately, Jack Ma has emerged as a talked-about figure in the whole business fraternity. His life took many turns and twists before he finally founded Alibaba Group that went on to become a roaring success. Ma told in an interview that at one point in his life, he was rejected for 30 jobs on the trot. This is what led him to attempt something different, and he tried his hand on learning the e-commerce business. From that point onward, there was no looking back. Ma mastered the trait of online business bit by bit, and his company reached the milestone of holding the largest Initial Public Offering (IPO) in history.
4. Elon MuskElon Musk possesses somewhat a unique standing from all the business tycoons mentioned above. The reason behind this is that Musk has been involved in the success of multiple companies. SpaceX, PayPal, and Neuralink, to name a few of them. By nature, all these businesses are quite different from one another. But Musk showed a great deal of flexibility to operate all of them with equal authority. In 2016, a study placed him at the 21st position in the list of the most influential people.
5. Walt DisneyIndeed, Walt Disney was a creative genius who entertained us throughout our childhood with some great cartoons. But he was also well-equipped with entrepreneurial qualities, and Walt Disney Company is the epitome of his business skills. Disney’s biggest contribution is that he transformed the entertainment industry and turned it into a business empire.
6. Jeff WeinerJeff Weiner is the face of a famous social networking site, namely, LinkedIn. Weiner was not the founding force behind LinkedIn, but the platform made its mark after he took over as CEO in 2009. According to well-documented numbers, there are more than 260 million monthly active users of LinkedIn. Many digital marketers have termed it as hands-down the best B2B channel for brand awareness. Wiener easily takes the lion’s share of this smashing achievement.
Weiner is one of those leaders who like to give back to the community. He is a key player in various non-profit social campaigns as well.
7. Tim CookWe all thought nobody could fill the shoes of Steve Jobs as the CEO of Apple. Well, Tim Cook did not take long to prove us wrong. Apple was confronting leadership and financial crisis after the death of Steve Jobs. But Cook was never bogged down by anything and subsequently stabilized the company.
8. Sheryl SandbergSheryl Sandberg has been serving as the Chief Operating Officer of Facebook for more than a decade. Occupying such an important post for this long speaks volumes about her efficiency. Moreover, she is also the founder of a non-profit organization Lean It. Sandberg is credited for inspiring several women to become independent and walk shoulder-to-shoulder with men in the business world.
The final verdictRegardless of the niche, all the businesses are prone to uncertainty. Because businesses do not operate in isolation. They are interconnected with the market, and the bottom line also fluctuates if the market becomes volatile. So instead of losing your heart in the face of failure, take inspiration from the business leaders mentioned above. You must also earn formal organizational leadership education to become a professional in the field.
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