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
Being an entrepreneur is simply going from one mistake to the next. You must have the fortitude to continue on.
Interpretation
Entrepreneurship involves facing challenges and mistakes, but persistence is key.
This quote emphasizes that the journey of an entrepreneur is filled with challenges and setbacks. It suggests that rather than being deterred by mistakes, a successful entrepreneur must possess the resilience and determination to keep moving forward despite the obstacles they encounter.
In practice
A motivational speech for business students.
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.
If 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.
In the real world, the smartest people are people who make mistakes and learn. In school, the smartest people don't make mistakes.
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.
Finding good partners is the key to success in anything: in business, in marriage and, especially, in investing.
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.
The first time I stepped on an NBA court I became a businessman.
What are the five products you want to focus on? Get rid of the rest, because they’re dragging you down. They’re turning you into Microsoft. They’re causing you to turn out products that are adequate but not great.
Developing expertise or assets that are not easily copied is essential; otherwise you're just a middleman.
There's a lot of research behind the scenes that you don't get to see, but I have an instinct that my dad nurtured from when I was born. I was very lucky then.
I don't plan a career. That doesn't work for me. I just have to go with my gut.
Great work requires great and persistent effort for a long time. ... Character has to be established through a thousand stumbles.
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