When investing, pessimism is your friend, euphoria the enemy.
Warren BuffettRead
If you sacrifice early, you'll win late.
Interpretation
Early sacrifices can lead to long-term success.
This quote emphasizes the importance of making sacrifices at the beginning of a journey or effort in order to achieve greater success in the long run. It suggests that while it may be difficult to give up certain comforts or pleasures at first, doing so can pave the way for significant achievements and rewards later on.
In practice
In a motivational speech about achieving goals.
When investing, pessimism is your friend, euphoria the enemy.
Every successful businessman will have experienced set-backs and failures - they're lying if they say they haven't. Virgin has had some tremendously successful businesses and some that have not quite worked out. Virgin Cola springs to mind - the product wasn't distinct enough from Coca-Cola.
There is no continuum for success. Focus on the progress, not the results.
I always acted like a star long before I was one.
Don't become a seeker of success. Become a person of value.
Being successful doesn’t necessarily make you great. What makes you great is when you reach back and help somebody else become great.
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