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
I never set out to be a businessman
Interpretation
Richard Branson emphasizes that his journey was not initially about making money, but rather about pursuing passion and purpose.
In this quote, Richard Branson reflects on his unexpected journey into the business world, highlighting that his motivations were not centered on financial gain. Instead, he underscores the importance of following one's interests and dreams, suggesting that true success comes from passion and commitment rather than the pursuit of wealth alone.
In practice
In a motivational speech to aspiring entrepreneurs.
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.
You cannot allow your desire to be a winner to be diminished by achieving success before and I believe there is room for improvement in every sportsman.
Sure of their qualities and demanding praise, more go to ruined fortunes than are raised.
With the Supremes I made so much money so fast all I wanted to do was buy clothes and pretty things. Now I'm comfortable with money and it's comfortable with me.
There is no such thing as a natural born pilot. Whatever my aptitudes or talents, becoming a proficient pilot was hard work, really a lifetime's learning experience. For the best pilots, flying is an obsession, the one thing in life they must do continually. The best pilots fly more than the others; that's why they're the best. Experience is everything. The eagerness to learn how and why every piece of equipment works is everything. And luck is everything, too.
Everybody's story of getting into the industry is just as difficult as the next person. Whether you come from money or no money, it's not easy... you have to offer yourself; you can't expect someone to get you.
Count the cost first. Donβt pay too big a price for pursuing minor values.
Subscribe for the occasional hand-picked quote. No noise.