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 don't take risks you won't achieve anything.
Interpretation
Taking risks is essential for achieving success.
This quote by Richard Branson emphasizes the importance of taking risks in order to accomplish goals and realize potential. Without stepping outside of comfort zones and embracing uncertainty, one is unlikely to achieve significant outcomes or breakthroughs in life.
In practice
In a motivational speech to young 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.
For 60 years, I was the most controversial figure in the country, and suddenly, I'm the most popular man in the land. Truth be told, I don't know when I was happier: then or now.
When you prohibit failure, you kill innovation. If you kill innovation in fundraising, you can't raise more revenue. If you can't raise more revenue, you can't grow. And if you can't grow, you can't possibly solve large social problems.
Sometimes, idealistic people are put off the whole business of networking as something tainted by flattery and the pursuit of selfish advantage. But virtue in obscurity is rewarded only in Heaven. To succeed in this world you have to be known to people.
What is an entrepreneur? Someone who jumps off a cliff and builds a plane on the way down.
The only way to consistently grow in B2B is to be better than very good.
No man, who continues to add something to the material, intellectual and moral well-being of the place in which he lives, is left long without proper reward.
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