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
There is no point in starting your own business unless you do it out of a sense of frustration.
Interpretation
What this quote means
Starting a business requires a deep motivation often driven by frustration.
Richard Branson emphasizes that the impetus for starting a business should stem from a genuine sense of frustration rather than mere ambition or the desire for wealth. This frustration can fuel passion and drive, helping entrepreneurs to address unmet needs or improve existing solutions, leading to a meaningful and impactful business venture.
Themes
BusinessFrustrationEntrepreneurshipMotivationSuccess
In practice
Example use cases
In an entrepreneurial workshop, to inspire attendees to embrace challenges.
More from Richard Branson
All quotes βIt'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 donβt 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
I'm just a skinny kid from Glennville, Georgia. I'm going to the Hall of Fame. Not to the Hall of Very Good. The Hall of Fame.
Shannon SharpeRead
I don't think anybody can claim success at any part of our lives, private or professional, if there are others that don't enjoy the same opportunities.
Jose AndresRead
You should always have a product that has nothing to do with who you are or what people think about you... so that you never start thinking that your product is you, or your fame or your aura.
Andy WarholRead
As long as we place millions of Indians at the canter of our thought process, as long as we think of their welfare, their future, their opportunities for self realization we are on the right track. For India can grow, prosper, flourish only if they grow, prosper, flourish. We cannot grow by any esoteric strategies. Our purchasing power, our economic strength, our marketplace all depends on the prosperity of our people.
Mukesh AmbaniRead
Ryder Cup, Presidents Cup, whatever it may be, is maybe the most fun couple weeks we have a year, but I love being able to control my own destiny. The work that I am able to put in ahead of time was either going to come out and I was going to be successful with it, or I was going to try and fail and learn how to succeed the next time.
Jordan SpiethRead
Your income is directly related to your philosophy, NOT the economy.
Jim RohnRead