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
If you are seizing on a new business opportunity, deliberately move your customers' expectations up a few notches and consistently over-deliver on your promises - you will leave your competitors struggling to catch up.
Interpretation
Focus on exceeding customer expectations to outpace your competitors.
Richard Branson emphasizes the importance of raising customer expectations when pursuing new business opportunities. By consistently over-delivering on promises, a business can gain a competitive advantage, leaving rivals unable to keep up with your level of service and quality.
In practice
This quote could be used in a business presentation when discussing customer service strategies.
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 don’t 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.
I've found that small wins, small projects, small differences often make huge differences.
There's this little box that African-American actors have to work in, in the first place, and I was able to rise above that box. I could have done a bunch of movies where I stayed as the Axel Foley or Reggie Hammond persona. But I didn't want to be doing the same thing all the time. Every now and then, you crash and burn, but that's part of it.
Success to us is not just a girl overseas going to school - but also leading her village to a better future.
About the last thing I ever wanted in life was a knighthood, and even today some forty years after the event, I find it difficult to come to terms with a life where old and valued friends insist on calling me 'Sir' instead of Don, simply because they think it is protocol. But I have consciously shouldered these burdens because I felt that I was the medium through which cricket could achieve a higher status and gain maximum support from the people, not only in Australia but throughout the world.
There is a difference between WISHING for a thing and being READY to receive it. No one is ready for a thing, until he believes he can acquire it. The state of mind must be BELIEF, not mere hope or wish. Open-mindedness is essential for belief.
If you don't sell, it's not the product that's wrong, it's you.
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