When you're an investor, you can look at the quantitative and qualitative elements of an investment, but there's a third aspect: What you feel in your gut.
Kevin O'LearyRead
I'd rather invest in an entrepreneur who has failed before than one who assumes success from day one.
Interpretation
Experience from failure is more valuable than naive optimism.
This quote highlights the importance of experience and resilience in entrepreneurship. It suggests that individuals who have faced challenges and setbacks are often better equipped to handle future obstacles compared to those who have never faced failure, as they possess valuable lessons learned from their past mistakes.
In practice
In a business seminar discussing the traits of successful entrepreneurs.
When you're an investor, you can look at the quantitative and qualitative elements of an investment, but there's a third aspect: What you feel in your gut.
I have met many entrepreneurs who have the passion and even the work ethic to succeed - but who are so obsessed with an idea that they don't see its obvious flaws. Think about that. If you can't even acknowledge your failures, how can you cut the rope and move on?
Downturns are the best time to start businesses because you develop discipline that's very lean and mean in terms of how to spend money. And those habits serve you very well in good times.
As long as I'm in great shape, nobody beats me, for sure.
In order to hit a good golf shot at that moment in time when you're standing over the ball, you must believe that golf shot is the most important things in your life.
Success in life is the result of good judgment. Good judgment is usually the result of experience. Experience is usually the result of bad judgment.
I wanted no part of politics. And I wasn't in Berlin to compete against any one athlete. The purpose of the Olympics, anyway, was to do your best. As I'd learned long ago from Charles Riley, the only victory that counts is the one over yourself.
If things aren’t breaking, then you’re not moving fast enough. People learn by making mistakes.
I've worked hard, but this business can be tough, and I just consider myself incredibly lucky to have had the career that I have, and to still be having so much fun playing drums and making music.
Subscribe for the occasional hand-picked quote. No noise.