Steve Jobs was fired from Apple, the company he co-founded. His second act turned out to be bigger and better than the first.
When Jobs was in his 30s, the very company he created fired him.
"I was out — and very publicly out," Jobs said in a 2005 commencement speech at Stanford University. "What had been the focus of my entire adult life was gone, and it was devastating."
Jobs spent the summer of 1985 in a "midlife crisis" trying to decide what he wanted to do from entering politics to becoming an astronaut, said Alan Deutschman, author of "The Second Coming of Steve Jobs."
During his time away from Apple, Jobs co-founded computer company NeXT, which was later acquired by Apple, and launched Pixar Animation Studios. When he returned to Apple nearly a decade later, he brought the innovation of the iPod, iPhone, and iPad.
Walt Disney's newspaper editor told the aspiring cartoonist he wasn't creative enough.
In 1919, Disney was fired from the Kansas City Star. According to his editor, he "lacked imagination and had no good ideas."
That wasn't the last of his failures. Disney then acquired Laugh-O-Gram, an animation studio he later drove into bankruptcy. Finally, he decided to set his sights on a more profitable area: Hollywood.
He and his brother moved to California and started producing a successful cartoon series.
In the 1980s, Mark Cuban lost his job as a salesman at computer store. That was the last time he worked for someone else.
One of Cuban's first jobs out of college was as a salesman. However, he was more interested in cultivating new business than manning a cash register. After he failed to open the store one day because he was busy with a potential client, his managers cut him loose.
Shortly after his termination, Cuban started his first company, MicroSolutions. Since then, he's made over $2.4 billion.
J.K. Rowling spent too much time at work brainstorming story ideas.
Rowling worked as a secretary for the London office of Amnesty International, but she dreamed of being a writer.
She secretly wrote stories on her work computer and daydreamed about a teenage wizard named Harry Potter. Her employers finally got fed up and gave her the boot.
Her severance check helped support her over the next few years, when she finally decided to focus on writing.
Today, she's the multi-billionaire author of one of the most successful book series of all time.
next slide will load in 15 secondsSkip AdSkip AdMayor Michael Bloomberg used his severance check to start his own company. Now he's one of the richest people in the country.
Bloomberg was a partner at Salomon Brothers, an investment bank. In 1998, they were bought out by the company that eventually became Citigroup. Bloomberg was let go, but not before receiving a hefty severance check.
He used that money to start his own financial services company. Today, he's the country's 18th richest person and, of course, the mayor of New York City.
Anna Wintour says that everyone should lose his or her job at some point.
The Vogue editor started her career in New York as a junior fashion editor at Harper's Bazaar. She made waves for her innovative shoots, but editor Tony Mazalla thought they were a little too edgy. She got canned after a mere 9 months.
Getting fired was a great learning experience and never held back her style. "I recommend that you all get fired," she told fashion students. Shortly after leaving Harper's, she became a fashion editor at Viva.
Woody Allen fired Annabelle Gurwitch from his play and told her she looked "retarded."
Madonna lost her job at Dunkin Donuts for squirting jelly filling all over customers.
When Madonna dropped out of college and moved to New York to find fame, she had a rough start. Strapped for cash, she took a job at Dunkin' Donuts in Times Square. She didn't even last a day. After squirting jelly filling all over a customer, her managers gave her the boot.
The Material Girl went through several fast food and waitressing jobs before she was introduced to the city's punk rock music scene in 1979.
These low-paying gigs were necessary at first, but Madonna knew she was meant to be a star.
A Baltimore TV producer told Oprah Winfrey that she was "unfit for television news."
As an evening news reporter, Winfrey couldn't help but get emotionally invested in her stories. The producer of Baltimore's WJZ-TV got fed up and pulled her off the air. As a consolation, he offered her a role on a daytime TV show.
Winfrey was initially heartbroken. At the time, daytime TV was a huge step down from the evening news. Her sadness quickly faded as the show, "People Are Talking," became a hit.
That success helped Winfrey find her true calling as a talk show host.
next slide will load in 15 secondsSkip AdSkip AdJerry Seinfeld didn't know he was fired until he showed up for a read-through and his part was missing from the script.
Seinfeld had a small role on the sitcom "Benson," but the producers didn't like the way he was playing the part. They fired him after only three episodes. Unfortunately, no one bothered to tell Seinfeld he'd been cut. He showed up for a read-through one day and found his part was missing.
He was humiliated, but he went right back to performing at comedy clubs. After one performance, a talent scout for the "Tonight Show" was in the audience. Seinfeld landed a gig on the show and his career immediately took off.
Sallie Krawcheck, often called one of Wall Street's "most powerful women," was fired from Bank of America in 2011.
Two years after hiring Krawcheck from Citi, Bank of America fired its former president of the Global Wealth & Investment Management division. The decision came from Bank of America's struggle in reorganizing its C-level execs after merging with Merrill Lynch.
"I got grateful when I got fired,” Krawcheck said at the Third Metric conference in June 2013. "I said, 'How many people get to get fired, and it’s on the front page of The Wall Street Journal?' "
In 2013, Krawcheck acquired women's networking group 85 Broads, which has approximately 30,000 members in 130 countries.
The New Yorker gave Truman Capote the boot after he insulted poet Robert Frost.
Capote dropped out of high school to become a copy boy for the New Yorker. His lifelong dream had been to be published in the prestigious magazine.
Two years later, Capote attended a reading by famed poet Robert Frost. Sick with a cold, Capote left in the middle of the meeting. Frost was deeply insulted, and knowing where Capote worked, he demanded that the magazine fire the boy.
Getting fired didn't hurt his career. He began to submit short stories to magazines like Harper's Bazaar and Mademoiselle. A few years later, he published his first novel.
Robert Redford was a lazy, sloppy manual worker. Turns out, his talents belonged elsewhere.
As a teenager, Robert Redford was an unskilled worker at Standard Oil when a supervisor found him asleep on the job. Instead of firing him, they switched him to another department, where he continued to screw up. After smashing several cases of glass bottles, he was terminated.
Getting fired encouraged him to pursue his other dreams. He attended college at the University of Colorado and eventually moved to New York to become an actor.
Before being named NFL Coach of the Year, Bill Belichick was kicked to the curb by the Cleveland Browns.
He's led the New England Patriots to five Super Bowl appearances and three wins, but in 1995, Belichick was fired from his first head coaching job with the Cleveland Browns by their owner Art Modell.
He was named NFL Coach of the Year for 2003, 2007, and 2010 seasons.
next slide will load in 15 secondsSkip AdSkip AdFord didn't want Lee Iacocca, so he brought his ideas to Chrysler.
Iaccoca rose to the top of the Ford Motor Company, but he clashed with Henry Ford Jr., the company's then-CEO and chairman. After a string of unused and bad ideas (including the Ford Pinto), Iacocca was let go.
Iacocca was soon courted by Chrysler, which was in danger of going out of business. He took out a huge loan from the government and used it to revive the company. He brought several of his ignored ideas from Ford over to Chrysler, like the Dodge Caravan and the Plymouth Voyager. He remained CEO of the company until 1992 and was credited with its rise from failure.
Right before they started Home Depot, co-founders Bernie Marcus and Arthur Blank were fired from their jobs.
Marcus and Blank were working for Handy Dan, a home-improvement chain, when a corporate raider fired both of them.
The two men decided to start their own home-improvement store based on an idea they'd had while at Handy Dan: an entire store of discounts. They called it Home Depot. In less than a decade, they'd opened over 100 stores and made over $2.7 billion in sales.
Handy Dan shut down in 1989.
WNBC pulled Howard Stern off the air for a super racy sketch.
Stern was a controversial DJ on WNBC, but he crossed the line with one particularly racy sketch. NBC pulled him off the air.
Fortunately, he found XM was a better home for his talent. After his show debuted, millions of devoted Stern fans switched to Sirius. He now pulls in about $70 million a year.
The manager of the Grand Ole Opry told Elvis he was better off driving trucks.
Elvis may be the king of rock 'n' roll but he hit some major setbacks on his way to the top. After one performance at Nashville's Grand Ole Opry, the concert hall's manager told the singer he was better off returning to Memphis and his old career, driving trucks.
Luckily for modern music, he didn't. Presley continued to book shows in the area and eventually landed a spot on a tour with Hank Snow, the then biggest star in country music.
Thomas Edison secretly conducted experiments in his office at Western Union.
Until one night in 1867, when Edison spilled some acid that ate through his entire floor.
He got canned and decided to pursue inventing full-time.
Edison received his first patent two years later, for the electric vote recorder.
next slide will load in 15 secondsSkip AdSkip AdNow see how the night owls do it: