I've probably failed more often than anybody else in Silicon Valley. Those don't matter. I don't remember the failures. You remember the big successes.
Interpretation
Failures are often overshadowed by achievements, which define our journey.
In this quote, Vinod Khosla reflects on the nature of success and failure in his career in Silicon Valley. He acknowledges that while he may have experienced numerous failures, they are insignificant compared to the successes he remembers. This highlights the importance of resilience and focusing on positive outcomes rather than dwelling on setbacks.
In practice
During a motivational speech at a startup event.
Seeking an acquisition from the start is more than just bad advice for an entrepreneur. For the entrepreneur it leads to short term tactical decisions rather than company-building decisions and in my view often reduces the probability of success.
Is it 10 years, 20, 50 before we reach that tipping point where climate change becomes irreversible? Nobody can know. There's clearly a probability distribution. We need to ensure this planet, and we need to do it quickly.
Entrepreneurs have the flexibility and the ability to do things that large companies simply cannot. Could a large company pull off a trick like Amyris, going from anti-malaria medicine to next-generation fuel?
The only way you multiply resources is with technology. To really affect poverty, energy, health, education, or anything else - there is no other way.
You need a degree of foolishness to cause disruptive change in healthcare. Dare to dream.
Did Google know much about media? Or Amazon about commerce? Tesla about cars? SpaceX about rockets? EBay about classifieds? What did I know about computing when I started Sun Microsystems? We should celebrate these entrepreneurs, not pillory them for fighting entrenched incumbent industries that have political influence and money.
I believe in the dignity of labor, whether with head or hand; that the world owes no man a living but that it owes every man an opportunity to make a living.
The nice thing is that when people come up to me, it's the football they remember, not all the other rubbish.
Creating a strong business and building a better world are not conflicting goals - they are both essential ingredients for long-term success
Greatness and nearsightedness are incompatible. Meaningful achievement depends on lifting one's sights and pushing toward the horizon.
The world's biggest problems are the world's biggest market opportunities. And that's a huge thing. Solve hunger, literacy and energy problems, get the gratitude of the world and become a billionaire in the process.
It takes tremendous will to compete in any athletic endeavor, so it meant going to bed early and getting my homework done in advance. I had to sacrifice things, like a social life, to be a skater at 15. But I loved skating so much that it was worth everything to me.
Subscribe for the occasional hand-picked quote. No noise.