It's a common misconception that money is every entrepreneur's metric for success. It's not, and nor should it be.
Richard BransonRead
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.
Interpretation
Failure should be seen as an opportunity to learn rather than an endpoint.
This quote emphasizes the importance of viewing failure not as a definitive end but as a valuable lesson to be learned. By approaching failures with a mindset of improvement, one can increase their chances of future success. The key idea is resilience and the understanding that stopping after failure is what truly leads to an end, rather than the failure itself.
In practice
Using this quote in a motivational speech about perseverance in business.
It's a common misconception that money is every entrepreneur's metric for success. It's not, and nor should it be.
Some 80% of your life is spent working. You want to have fun at home; why shouldn't you have fun at work?
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.
Please don’t get hung up on this question of whether you need to have experience in an industry before you launch your startup.
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.
Always think, 'what's the worst that can happen' and have some kind of strategy to deal with it
We were the first generation to have to deal with the modern stardom of football. Some handled it better than others.
Through perseverance many people win success out of what seemed destined to be certain failure.
By far, the best moment of my big league career was when I caught the last out at the World Series.
I ... have two vocations: chess and engineering. If I played chess only, I believe that my success would not have been significantly greater. I can play chess well only when I have fully convalesced from chess and when the 'hunger for chess' once more awakens within me.
Money is worth what it will help you to produce or buy and no more.
I would rather have a lucky general than a smart general.... They win battles, and they make me lucky.
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