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
Build your own business team. Survival in business requires a synergy of skills.
Interpretation
Building a business team is essential for thriving in the competitive world of business.
This quote by Richard Branson emphasizes the importance of assembling a skilled and diverse team to ensure the success and sustainability of a business. It suggests that relying solely on individual effort is not enough; a collaborative synergy among team members is crucial for overcoming challenges and achieving long-term goals in the business landscape.
In practice
In a business seminar to inspire entrepreneurs about team building.
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?
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 donβt 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.
If you want your company to succeed, you have to have the confidence in your business to take a bet on its future - to risk destroying a mediocre business model for the chance to have a strong one.
I never doubted the issue from the beginning. I knew I was too good for Burns. I have forgotten more about fighting than Burns ever knew.
The disgraces I suffer should be attributed to me, but the praises that I get go to my family and teachers. It is they who decided what I would become.
There is only one way to make a great deal of money; and that is in a business of your own.
Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.
When I was playing I never wished I was doing anything else. I think being a professional athlete is the finest thing a man can do.
Subscribe for the occasional hand-picked quote. No noise.