Treat failure as a lesson on how not to approach achieving a goal, and then use that learning to improve your chances of success when you try again. Failure is only the end if you decide to stop.
Richard BransonRead
Innovation happens when people are given the freedom to ask questions and the resources and power to find the answers.
Interpretation
What this quote means
Innovation thrives in an environment where questioning is encouraged and resources are available.
This quote by Richard Branson emphasizes the importance of a supportive environment for innovation. It suggests that when individuals feel free to inquire and are equipped with the necessary resources and authority to seek solutions, creativity and groundbreaking ideas can flourish, leading to significant advancements and progress.
Themes
InnovationFreedomQuestionsResourcesAnswers
In practice
Example use cases
This quote is perfect for a presentation on the importance of fostering creativity in workplaces.
More from Richard Branson
All quotes βIt's a common misconception that money is every entrepreneur's metric for success. It's not, and nor should it be.
Richard BransonRead
Some 80% of your life is spent working. You want to have fun at home; why shouldn't you have fun at work?
Richard BransonRead
Values cannot be speedily forgotten if it is inconvenient or commercially expedient. Values have to have meaning and longevity; otherwise they are valueless. You cannot embrace innovation up to a point or only sometimes. Branding demands commitment; commitment to continual re-invention; striking cords with people to stir their emotions; and commitment to imagination. It is easy to be cynical about such things, much harder to be successful.
Richard BransonRead
Please donβt get hung up on this question of whether you need to have experience in an industry before you launch your startup.
Richard BransonRead
What's the most critical factor in any business decision you'll ever have to make? Basically, it boils down to this question: If this all crashes, will it bring the whole house tumbling down like a pack of cards? One business matra remains embedded in my brain - protect the downside.
Richard BransonRead
Similar quotes
Japan's very interesting. Some people think it copies things. I don't think that anymore. I think what they do is reinvent things. They will get something that's already been invented and study it until they thoroughly understand it. In some cases, they understand it better than the original inventor.
Steve JobsRead
The thing about inventing is you have to be both stubborn and flexible. The hard part is figuring out when to be which.
Jeff BezosRead
Surprise drives progress because innovation depends on the sort of knowledge no one can gather in a central place.
Virginia PostrelRead
Sometimes when you innovate, you make mistakes. It is best to admit them quickly, and get on with improving your other innovations.
Steve JobsRead
To be an inventor, you have to be willing to live with a sense of uncertainty, to work in this darkness and grope towards an answer, to put up with anxiety about whether there is an answer.
Ray DolbyRead
If every effect of any new products or methods were required to be known before they could be produced and marketed, they would not be true innovations - and thus not represent new knowledge of what people would like, if offered.
Edmund PhelpsRead