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21 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

Durant lost control of GM to a bankers' trust just two years later, in 1910, due to enormous debt and a crumble in automobile sales. Saturn, Pontiac, and Hummer were all shuttered due to GM's bankruptcy, which occurred on June 1, 2009. General Motors comeback is by far the most striking success story in business turnarounds.

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The Art of Work with Jeff Goins [VIDEO]

Up and Running

What Daniel Coyle, the author of, The Talent Code, calls a “Deep practice,” I think of it as painful practice because it’s a little bit uncomfortable. It ended up losing a million dollars in the first year, and they were on the brink of bankruptcy and shutting it down because it just … The model just didn’t work.

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