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Inspiring Lessons From Famous Failures

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The names are known, the faces are familiar and their stories are inspirational. However, while we know who they are now, we ignore the failures they went through to get to where they are today. From Oprah Winfrey to Henry Ford, all these greats went through struggles to get to where they are now. Here is looking at the struggles the people who changed the world went through early on in their life.

1. Oprah Winfrey 

Before Oprah became the first Black female billionaire, she led a really hard life. Her childhood was filled with struggles and heartache. Born to a working class family (her mother was a daily wage worker and her father was a construction worker,) Oprah not only lived in poverty, but was also abused at the age of 9 and 13. To make matters worse, she ended up with an unfortunate pregnancy at the age of 14. With her childhood bieng anything but glamorous, Oprah fought hard and long to get to where she is right now. From getting fired for being unfit for television to becoming one of the most inspirational faces in the world, Oprah truly came a long way. Struggling through everything life threw at her with grit and determination, Oprah’s sturggles to success are an inspiration to everyone!

2. Walt Disney 

It may have all started with a mouse on paper. However, did you know that before his rise to success, Walt Disney failed not once, but several times? At the age of 20. Disney was fired from his first because his editor thought he lacked imagination and creativity. The first rejection did not stop him and he went on to create Laugh O’ Gram, a startup which went bankrupt months after its inception. In fact, even after creating the now famous Mickey Mouse, Walt could not find distributors for his seemingly unique product. It was only until sound made its way into the world of cinema that Disney became the sensational phenomanon it is today! If Disney gave up after the first bankruptcy, the world would have been a very different place!

3. Henry Ford 

Henry Ford, the founder of Ford Motor Company, was more than just a successful entrepreneur. While everyone knows what Ford is, not many know he failed two times and filed for bankruptcy both those times! In 1900, Ford formed his first company, the Detroit Automobile Company with backing from the famed lumber baron, William H. Murphy. The company went bankrupt. His second attempt was in 1901, when he formed the Henry Ford Company, which he ended up leaving with only the rights to his name. This particular company was later renamed to the Cadillac Automobile Company. However, it was Ford’s third try, with the Ford Motor Company which hit the proverbial nail on the head. The rest, as they say, is history!

4. Colonel Sanders 

Yes, Kentucky Fried Chicken (KFC) is finger licking good. However, do you know how many fingers went into making the chicken so delectable? Founded by Colonel Sanders, the special chicken recipe was rejected a grand total of 1009 people! Before he broke the perfect chicken recipe, he tried his hand at every odd job which came his way. From being a fireman to being a tier salesman, Sanders did it all. A broke and hungry Sanders came up with the idea of frying chicken with the right sauces, a recipe created to perfection over time. He set up his first Kentucky Fried Chicken (KFC) restaurant in 1952 and from then on, the success rate was stupendous. In 1964, at 72 years, Sanders sold the the company for $ 2 million dollars to a group of investors led by Jack C. Massey and John Y. Brown Jr. He retained the rights to the Canadian franchises and stayed on as a salaried goodwill ambassador to the company. They say a happy tummy makes a happy person and Colonel Sanders rise to success proves just this point!

5. Thomas Alva Edison 

We know the story all too well. Edison tried over 10,000 times to get the idea just right. His primary focus? Inventing a commercially viable electric bulb which would give people all over the world the power of light and electricity. From his teachers to his peers, everyone thought Edison could not succeed with his life. If he had given up at the young age of 5, the world really would be very different.

The world is filled with wonderful inventions and creations. From tech related products to electricity related inventions, these were only possible because the inventors and the creators refused to give up their dream. If you think we missed out on any great inventors or creators, please feel free to comment and let us know!

 

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Sanskriitii – A Saviour For Indian Artisans?

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Founded by Mr. Anil Tripati and Ms. Latha Pathak in 2017, Sanskriitii is a startup that deals with arts and crafts and hence works with a vision to empower Indian handicrafts which do not generally get the appreciation they deserve. A team of engineers, management professionals and philosophers have joined hands at Sanskriitii to make handicrafts and home decor more interesting by incorporating contemporary design into artefacts.

What Sanskriitii does

Sanskriitii brings a whole variety of Indian handicrafts under one roof. These varieties include Dhokra art, Meenakari art, Kundan art, Zari art, Bidri art, Stone Jali and many more. Their products are mostly offered to large chains of restaurants for the interiors of their rooms and lobbies.

The main challenges faced by craftsmen these days are creating new designs suitable to the present day lifestyle, market demand

and financial limitations to pull off bulk orders. Due to these reasons,

most of the craftsmen give up on handicrafts and move out of their village to other nearby towns to find some other random jobs to earn a living for themselves and their families. Sanskriitii plays a vital role in helping craftsmen overcome these challenges. It not only provides craftsmen with capital and raw material, but also builds an environment which enables them to deliver the finished products to their customers.

Due to the changing lifestyles of the consumers and their lack of appreciation for traditional goods, a startup like Sanskriitii is still struggling to find a large number of consumers.

Challenges faced by Sanskriitii

With readymade, easily available and branded products ruling the market, handcrafted products can easily be left behind because their gestation time is comparatively larger and clients generally do not prefer waiting for such long periods to get their products delivered. In addition, the industry as a whole is yet to accept and understand handmade products. Lack of awareness among people about handicrafts is yet another challenge Sanskriitii is trying to overcome.  

Overview

At Sanskriitii, a wide range of handcrafted products are made,which suit the present day lifestyle and yet have a traditional touch. The added advantage with handmade products is, no two products are exactly the same. These products are also environment friendly. By shopping at Sanskriitii, one can also contribute to their vision of empowering Indian handicrafts and small scale entrepreneurs. Although the delivery time is much longer than that of regular products, these handicrafts are worth the wait.

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Entrepreneur Stories

Social Media Automation Tools Every Business Should Have

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Since its inception, social media has come a long way. The rage started with Facebook and Twitter and then moved forward to platforms like Snapchat, Instagram, MySpace and GooglePlus. With so many platforms, promoting your brand on these platforms can be quite a time consuming process. If you are looking at simplifying your workload and in making the most of the time at hand, then these are the tools you should look at:

Picture Credits: https://www.agorapulse.com/

1. Agora Plus

In recent times, Agora Plus is the most comprehensive automotive tool present. The main reason this tool works is that not only does it let you plan, organise and schedule your content across six platforms, it gives you a detailed report to track your performance. With no limitations on the kind of content you promote, this tool is quite the life saver.

2. Hootsuite

One of the most widely used social media tools, Hootsuite works for even the most basic needs. From scheduling content and monitoring performance, this tool helps collect data by reviews generated from users. What makes this website stand out from Agora Plus is that you can check brand mentions and reply to comments and messages through the website itself. With its in depth reports and analytics, this website is what you need if you aren’t too deep into social media.

Picture Credits: https://buffer.com/

3. Buffer

With an extremely user friendly interface, Buffer works because it lets you post in a queue across different platforms. Apart from this, Buffer is also known for the way it gives you a comprehensive report with all your data in one place. In fact, even if you post the same content on different platforms, the tool generates individual links and analyses data based on those links. A mixture of Agora and Hootsuite, this tool is what you need to simplify your tasks.

Picture Credits: https://coschedule.com/

4. CoSchedule

Another social media automation tool, CoSchedule works because of how easy it is to schedule your content across various platforms. By using the interactive interface, this website lets you schedule over 60 posts at the same time. What makes this tool stand out that it lets you analyze which content worked well in the past and publish your previously posted content again. If you are looking for a comprehensive plan for marketing and understanding analytics, then get on to CoSchedule now!


Picture Credits: https://www.socialjukebox.com/

5. Social Jukebox

While all these websites are great for queuing and posting your content, they don’t really tell you what happens next. Social Jukebox takes care of this very problem. All you have to do is to place your content in different jukeboxes and when all the content is done, start making use of them again. The advantage here? Instead of making use of your content the same way as earlier, this website jumbles up the order so it looks like brand new. Because it comes with a Chrome extension, using it is extremely easy. Every time you find new content, all you have to do is drag and drop it into the different juke boxes.

Curating content and posting content is quite a cumbersome task. However, if you find the right platforms which simplify the process, then your life becomes extremely easy. If you think we missed out on any tools like these, comment and let us know!

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How To Use Psychology to Maximize Marketing Reach

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With people realising the relevance of psychology in marketing, more and more brands are working toward attracting the emotional side of buyers. If you are looking at increasing your brand’s presence and to attract customers with a personal touch, here is how you can use the perfect combination of marketing and psychology!

1. Use Emotional Ideas

Emotions or sentiments always work when it comes to selling your product. When writing copy to go with your advertisements, words with an emotional connection always have a stronger impact on the audience. For instance, if you are selling a computer, write about its benefits in a way that instills a connection in a new way. An emotional connection while making a sales pitch always works, giving people a reason to buy the product.

2. Highlight your flaws

Understanding human psychology has always shown that it is important to highlight your flaws. When you do this, you let your customers know that you aren’t afraid of the things which are wrong with your product. Cater to your customers ego and make them feel listened to when you fix the flaws they say your product has. Not only does this make sure you earn your customers trust, it helps in increasing your brand’s value. For instance, Apple has always been extremely vocal about its multiple flaws but because they provide such value for its brand, people don’t shy away from the Company.

3. Use reward schedules

Rewards always work really well. By using the process of operant conditioning, the reward scheme works really well because it helps to understand what the customer really wants from the product. Behaviours are usually learnt over a period of time and if you tell people they are going to get random rewards at uncertain times, the attraction is stronger! When you go to a restaurant and get surprise freebies at the end of the meal, you want to keep going back, irrespective of the food. In this case, the reward is your enticer since you are attracted to the offering rather than the actual product.

4. Throw your customers an anchor

In most cases, when you leave customers with an open ended question, you realise people are more prone to coming to you for answers because of the half information. Called throwing an anchor or priming, this process works ethically and is used to attract a larger revenue through more customers. Find the gap and hook your customers on to that gap so as to instantly attract them. While a sure fire way of making more money, this process can be tricky because of the subtlety required to see it through.

5. Put your customers to work

If you want people to remember your product, then you need to make sure you not only attract them the right way, you also put them to work. From asking rhetorical questions and to making your audience think about why they want your product, you can make sure this technique works to your advantage. By making your customers  to actively participate in the decision making process , your in depth understanding of the situation can help! For instance, flash mobs help in getting people together and making them work not only in the interest of the brand, but to spread the required message as well!

Marketing, when done the right way and with the right tools, can attract a lot of customers. If you think we missed out on any other ways that marketing and psychology go together, comment and let us know! With psychology playing a key role in marketing, it certainly has become easier over the years to give people what they want, based on what they need!

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