
Matsushita Electric, as it was known until 2008 when the company officially changed its name to Panasonic, is now worth $66 billion. Bill Gates watched his first company crumble. He later expanded with battery-powered bicycle lamps and other electronic products. Famous entrepreneurs like Steve Jobs, Bill Gates and Mark Zuckerberg have been quoted as saying some of the most inspirational words in the world, and they have. Obviously, Huffington overcame those initial bouts of failure and has cemented her name as one of the most successful outlets on the web. His boss wasn't interested so young Matsushita started making samples in his basement. In Japan in 1917, a 23-year-old apprentice at the Osaka Electric Light Company with no formal education came up with an improved light socket.

He invented a duck call, started a company called Duck Commander, eventually put his son Willy in charge, and that spawned a media and merchandising empire for a family of rednecks known as Duck Dynasty.
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There was a guy who so loved duck hunting that he chose that over playing pro football for the NFL. After gaining success there, they opened a small print shop in Los Angeles in 2016 with the goal of expanding their business in the U.S. They even sold him their brand name, Starbucks. In 2008, 4 friends pooled their funds to start Front Signs in their home country of Armenia. His employer had no interest in owning coffee shops but agreed to finance Schultz's endeavor. Steve Rendell is the man behind Texfly, an online resource for entrepreneurs who are interested in creating profitable niche websites and ranking them high in search results. A trip to Milan gave a young marketer working for a Seattle coffee bean roaster an idea for upscale espresso cafes like they have all over Italy. Related: Success Does Not Follow a Time Clock Two decades later, after seeing how well Snapple. He added more locations near universities, then healthy foods, and that's how Trader Joe's got started. Back in the 70s, a couple of Brooklyn friends started a beer distributor out of the back of an old VW bus. So he opened a tropical-themed market in Pasadena, stocked it with good wine and booze, hired good people, and paid them well.

After operating a small chain of convenience stores in southern California, Joe Coulombe had an idea: that upwardly mobile college grads might want something better than 7-11.

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When a couple of Chicago software developers working on lookup searches for got sick of calling restaurants in search of takeout food for dinner, the light bulb went off: Why isn't there a one-stop shop for food delivery? That's when the pair decided to start GrubHub, which went public last April and is now valued at more than $3 billion. Today, AriZona teas are #1 in America and distributed worldwide. Two decades later, after seeing how well Snapple was doing they decided to try their hand at soft drinks and launched AriZona Green Tea. Back in the 70s, a couple of Brooklyn friends started a beer distributor out of the back of an old VW bus.
