Nick Woodman failed twice before he ever found success with GoPro. He lost millions of dollars and had to move back in with his parents. Instead of giving up he went on a surf trip to Indonesia and Australia to clear his head. While surfing he saw that people could not take good photos while in the water. He used a sewing machine and a broken surf leash to build his first camera strap. This shows that you can turn your biggest setbacks into your greatest wins if you keep going.