Starting a business is like jumping out of an airplane without a parachute. In mid air, the entrepreneur begins building a parachute and hopes it opens before hitting the ground.
Robert KiyosakiRead
Over a 10-year period, 99 out of 100 new entrepreneurs will fail. Only one will be left standing as others get pushed out of the market or burn out from working so hard. It's really sad.
Interpretation
What this quote means
The quote highlights the harsh reality of entrepreneurship, emphasizing that most new business ventures fail over time.
In this quote, Robert Kiyosaki reflects on the challenging nature of entrepreneurship, indicating that a vast majority of new entrepreneurs will not succeed within a decade. This sobering statistic reveals the competitive and often unforgiving landscape of the business world, where only a small fraction can endure the challenges and remain in the market. The acknowledgment of sadness in this reality also underscores the emotional toll that these failures can take on individuals who strive to succeed.
Themes
EntrepreneurshipFailureSuccessBusinessCompetition
In practice
Example use cases
During a seminar on entrepreneurship, one might quote this to emphasize the importance of resilience.
More from Robert Kiyosaki
All quotes βIf you realize that you're the problem, then you can change yourself, learn something and grow wiser. Don't blame other people for your problems.
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In the real world, the smartest people are people who make mistakes and learn. In school, the smartest people don't make mistakes.
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If you want a solid future, you need to create it. You can take charge of your future only when you take control of your income source. You need your own business.
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Finding good partners is the key to success in anything: in business, in marriage and, especially, in investing.
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It's easier to stand on the sidelines, criticize, and say why you shouldn't do something. The sidelines are crowded. Get in the game.
Robert KiyosakiRead
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