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
What this quote means
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.
Themes
FailureSuccessLearningImprovementResilience
In practice
Example use cases
Using this quote in a motivational speech about perseverance in business.
More from Richard Branson
All quotes →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 don’t 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
Always think, 'what's the worst that can happen' and have some kind of strategy to deal with it
Richard BransonRead
Similar quotes
Nothing limits achievement like small thinking; nothing expands possibilities like unleashed imagination.
William Arthur WardRead
My father taught me to always do more than you get paid for as an investment in your future.
Jim RohnRead
The ability to concentrate and to use your time well is everything if you want to succeed in business--or almost anywhere else for that matter.
Lee IacoccaRead
I don't feel like a wealthy person. Other people think of me as a wealthy person, but I don't. I feel the same as when I was a fifth-year associate trying to make partner at Lehman Brothers. I haven't changed.
Stephen A. SchwarzmanRead
The blaze of reputation cannot be blown out, but it often dies in the socket; a very few names may be considered as perpetual lamps that shine unconsumed.
Samuel JohnsonRead
My advice for an entrepreneur just starting out is to differentiate yourself. Why are you different? What’s important about you? Why does the customer need you?
Sara BlakelyRead