But the experience obviously primed him for future success. However those ventures all fizzled eventually. He tried his hand at network marketing, affiliate marketing and even online poker. Though Luo has several successful ventures to his name, including NextShark and NewMediaRockstars, he also has several that didn’t work out. But in the years that followed, he contributed to many major news outlets, eventually launching Business Insider, a trusted name in the business world. Henry Blodget was working on Wall Street when then-Attorney General Eliot Spitzer brought a civil securities-fraud complaint against him over conflicts of interest between research and banking. Still, CEO Jeff Bezos would repurpose the idea into what would eventually become the Amazon Marketplace. One of the most notable was an online auction site, which evolved into zShops, a brand that ultimately failed. But before Amazon became a household name, the company’s CEO had several failed ideas. (Yes, you read that correctly - 36.) Jeff BezosĪmazon is one of the biggest success stories of the online era. Her second book was rejected by 36 publishers. He then lost that company due to a chain reaction bankruptcy.īefore launching The Huffington Post, Arianna Huffington (pictured above) had a bit more trouble getting people to read her work. But in 1948, he was convicted of tax evasion and spent two years in jail. Momofuku Andoīefore even coming up with the idea for instant noodles, which took him many tries to develop successfully, Ando had a small merchandising firm in Japan. He developed 5,126 prototypes that failed first. In fact, it took Sir James Dyson 15 years and all of his savings to develop a bagless prototype that worked. Sir James Dysonĭyson wasn’t always a well-known name associated with vacuum cleaners. Reid Hoffmanīefore co-founding LinkedIn and investing in big names like PayPal and Airbnb, Hoffman created SocialNet, an online dating and social networking site that ultimately failed. But the platform didn’t take off, in part because Apple announced the podcast section of the iTunes store shortly after the company launched. Entrepreneurs Who Failed First Evan Williamsīefore co-founding Twitter, Williams (pictured above) developed a podcasting platform called Odeo.
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