How 5 Successful Entrepreneurs Bounced Back After Failure
Failure is a part of life, and maybe even a bigger part of business. If fear of failure is holding you back, take inspiration from the stories of these successful entrepreneurs who have bounced back after major failures.
From I Can Haz Cheezburger's Ben Huh's first failed dot com to Frank Jadhavji of electronic deal site Just Deals.com dealing with $300,000 in stolen merchandise, these five entrepreneurs had the guts to get up and try again.
Ben Huh
Founder of Seattle-based Cheezburger
Rob Kramer
Co-founder and CEO of HipSwap
Nihal Mehta
CEO and co-founder of LocalResponse
Kathryn Minshew
CEO and co-founder of The Muse
Frank Jadhavji
Co-founder and interim CEO of JustDeals.comBen Huh
Entrepreneur: Ben Huh, founder of Seattle-based Cheezburger, which owns the websites Fail Blog and I Can Has Cheezburger (home of the LOLcat).
Setup: Huh was a 22-year-old journalism major when he moved to Chicago and founded software analytics firm Raydium in January 2000. He'd worked at startups but didn't have much experience or a network to raise money easily. Still, he cobbled together $750,000 over two rounds.
Eighteen months later, he hit a wall. "You're hopeful to the end, but we were flat out of money and couldn't meet payroll,"
