Not everything you touch turns to Gold

None of us are immune to failure. Even the best of the Entrepreneurs here, can tell you that. We will all encounter failure at some point. However, it doesn't mean to say we have to give up neither. Like most of us even the mega rich have some blunders so it just goes to show carry on reading below.

Not everything we touch turns to gold!

Here is a list of some blunders that the mega rich have made.

Richard Branson s' epic fail: Virgin Cola.

Virgin cola was launched in 1994. Richard Branson underestimated the competition thinking he could take on the giants Coca-Cola and Pepsi. Despite massive ad campaigns he failed. The virgin cola brand was taken of the UK shelves in 2009. He also has other failures too.

Jeff Bezo s' Epic fail: Fire Phone

Yhep the richest man on the planet. The boss of Amazon Jeff bezo. The ill-fated Fire Phone was a total flop. With an over excessive price tag. The Fire phone with a limited ecosystem and a terribly awkward IOS just couldn't hack it against major companies like Apple. Even with a massive reduced price tag this phone just ran out of battery totally.

Carl Icahn s' epic fail: Blockbuster

The Blockbuster Chain. Carl Ichans is a well known legend on Wall street a financier and corporate raider. Doesn't mean to say he didn't make mistakes. Blockbuster came head-to-head with giants like Netflix, Video on demand and not forgetting the automated kiosks that were set up as well. This all helped to kill of the Blockbuster business which started in the early 2,000's ending in 2010.

Rupert Murdocks' epic fail: My Space

Rupert Murdock is the New's Corp Head. He took over MySpace hoping to drive traffic to his newspaper sites. Trying get his little toe into the vast wonderful world of the internet. This would have been a brilliant idea. Guess what happened Facebook turned up. The rest is well its history.

Elon Musk's epic fail: Is on one on Twitter

Seems to be Elon has landed himself in hot water after his rants on Twitter.

(lol so I am not the only one having a rant on social media lol )

According to what I can see investors are nervous about some rants that Elon is having verging on the erratic. Elons' misjudged tweet announcing he was taking Tesla private. When,it transpired funding hadn't even been started. Well that just caused massive uproars and it looks like Elon could be under investigation by the federal Law.

Looks like that's one little Tweety bird that fell of its perch. Only having a giggle lol.

Conclusion:

Anyways that's just to let you known we all make mistakes. Even the Biggies do. That doesn't mean to say we have to give up. We just keep doing what we do. All I can say is just don't give up!

Debs :)