QuoteProject
Entrepreneurs make fast decisions and move forward knowing that at best 70% of their decisions are going to be right. They move the ball forward every day. They are quick to spot their mistakes and correct.
Mark Suster
ShareWTF𝕏

Interpretation

What this quote means

Entrepreneurs take quick actions knowing they won't always be correct but learn from their mistakes.

This quote emphasizes the dynamic nature of entrepreneurship, highlighting that successful entrepreneurs are characterized by their ability to make swift decisions and maintain forward momentum. They acknowledge that not every decision will lead to success—often only about 70% will be correct—but instead of getting bogged down by uncertainty, they continuously adapt by recognizing mistakes and making necessary corrections to their approach. This proactive attitude is essential for growth and achievement in the entrepreneurial landscape.

Themes

EntrepreneurshipDecisionsLearningGrowthAdaptation

In practice

Example use cases

This quote can be shared during a business seminar to inspire new entrepreneurs.

More from Mark Suster

Being an entrepreneur is sexy... for those who haven't done it. In reality it's gritty, tough work where you will be filled with self doubt. Entrepreneurs are survivors.
Mark SusterRead

Similar quotes

Everything excellent is as difficult as it is rare.
Baruch SpinozaRead
A passed pawn increase in strength as the number of pieces on the board diminishes.
Jose Raul CapablancaRead
I have always believed that the only way to cope with a cash crisis is not to contract but to try to expand out of it.
Richard BransonRead
To be able to give away riches is mandatory if you wish to possess them. This is the only way that you will be truly rich.
Muhammad AliRead
There is an immutable conflict at work in life and in business, a constant battle between peace and chaos. Neither can be mastered, but both can be influenced. How you go about that is the key to success.
Phil KnightRead
There never has been a man in the game who could put mind and muscle together quicker and with better judgment than Robinson.
Branch RickeyRead

A little wisdom, now and then

Subscribe for the occasional hand-picked quote. No noise.