Remove 2003 Remove Bankruptcy Remove Leadership Remove Revenue
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30 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

The company didn’t turn a profit until 2003, but by 2005 business was booming – Netflix was shipping out a million DVDs daily. Over the years, despite massive losses, Netflix was able to bounce back and improve its revenue by 47%. Netflix was founded in 1997 by Reed Hastings and Marc Randolph to combat late fees for video rentals.

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8 Risky Business Investments That Paid Off Big

YoungUpstarts

Considering how incredibly popular Harley-Davidson is today, it’s hard to believe that the motorcycle company was ever on the verge of bankruptcy, but it’s true. Harley-Davidson experienced near-bankruptcy from 1969 to 1981 when the American Machine and Foundry (AMF) bought the company and turned it upside down. Harley-Davidson.