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
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.
Interpretation
Values are integral to branding and require commitment for true success.
This quote by Richard Branson emphasizes the importance of strong, meaningful values in branding and innovation. He argues that superficial commitment to values is insufficient; true success requires a deep, consistent engagement with these values, which should evoke genuine emotional connections with people. Moreover, he acknowledges the temptation to be cynical about such commitments, but suggests that overcoming this cynicism is essential to achieving lasting success.
In practice
In a business presentation discussing the importance of brand integrity.
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.
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?
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
Self-discipline without talent can often achieve astounding results, whereas talent without self-discipline inevitably dooms itself to failure.
If you want to succeed, double your failure rate.
Every action we take has consequences, Vin," Kelsier said. "I've found that in both Allomancy and life, the person who can best judge the consequences of their actions will be the most successful.
I wouldn't swap the era I competed in for anything, not a day of it. I started out as an amateur, and people like myself, Seb Coe, Steve Ovett, Steve Cram, Tessa Sanderson and the rest did it for the glory of winning medals for our country.
I got everything I wanted. When I was young in Kansas City, I knew nothing about Frank Sinatra, Billy Eckstine, Ella Fitzgerald, of all those concert halls, of all those countries. I did not know what it was like to direct a band... All I wanted was to be big, to be in show-business, and to travel...and that's what I've been doing all my life.
Sweat equity is the best equity.
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