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
Entrepreneursh ip is a great leveller, since having the benefit of a wealthy background or a generous investor isn't always an advantage. The wonderful thing is that money is not the sole currency when it comes to starting a business; drive, determination, passion and hard work are all free and more valuable than a pot of cash.
Interpretation
What this quote means
Entrepreneurship values personal qualities over financial wealth.
This quote by Richard Branson emphasizes that while financial resources can help in starting a business, they are not the most important factor for success. Drive, determination, passion, and hard work are essential qualities that can lead to successful entrepreneurship and are available to everyone, regardless of their financial background.
Themes
EntrepreneurshipSuccessDriveDeterminationPassionHard Work
In practice
Example use cases
In a motivational speech aimed at aspiring entrepreneurs.
More from Richard Branson
All quotes →It's a common misconception that money is every entrepreneur's metric for success. It's not, and nor should it be.
Richard BransonRead
Some 80% of your life is spent working. You want to have fun at home; why shouldn't you have fun at work?
Richard BransonRead
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.
Richard BransonRead
Please don’t get hung up on this question of whether you need to have experience in an industry before you launch your startup.
Richard BransonRead
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.
Richard BransonRead
Similar quotes
Being named among the best is special and beautiful. But if there are no titles, nothing is won.
Lionel MessiRead
The ability to concentrate and to use your time well is everything if you want to succeed in business--or almost anywhere else for that matter.
Lee IacoccaRead
If you're going to play at all, you're out to win. Baseball, board games, playing Jeopardy, I hate to lose.
Derek JeterRead
Building the right product requires systematically and relentlessly testing that vision to discover which elements of it are brilliant, and which are crazy.
Eric RiesRead
I can have three touchdowns and 200 yards, but if we lose the game, what's it all for?
Calvin JohnsonRead
In our business, things look like a failure until they're not. It's pretty binary transitions.
Satya NadellaRead