9 Business Icons who Faced Utter Failure
Bill Gates
Company: Microsoft Corporation
Bill Gates along with Paul Allen started Traf-O-Data while being at high-school. Traf-O-Data was a computer business which could automatically read paper tapes from traffic counters for local governments. Regrettably, it became obsolete as the Washington state government decided to tabulate the tapes for free.
After this debacle, they got t learn how to write software for a computer. They later created Micro-Soft as a startup business, which is super successful now.
After succeeding he said, “You can learn a lot from failed endeavors. Success is a lousy teacher. It seduces smart people into thinking they can't lose.”
