I've learnt something from every failure. The products I helped design at the first two companies I worked for were utter failures. But now I know why.
Tony FadellRead
If you look at most successful startups, they're run by people in their mid to late forties, who've gone through the trenches multiple times and had multiple failures, so they understand.
Interpretation
Successful startups often stem from experienced individuals who have faced and learned from failures.
This quote emphasizes that the majority of successful startups are often led by individuals who have accumulated experience over time, particularly through previous failures. Tony Fadell suggests that this experience equips these leaders with a deeper understanding of the challenges they face, ultimately contributing to their success.
In practice
In a presentation about entrepreneurship, you could use this quote to illustrate the importance of resilience.
I’m proud to be Japanese and I wanted my country to succeed. I believed my system was a way that could help us become a modern industrial nation. That is why I had no problem with sharing it with other Japanese companies, even my biggest competitors.
It’s not that I want money. It’s the fun of making money and watching it grow.
Fame sweeps you away. I had to go home every six months to remember who I am.
They'll forget all the rubbish when I've gone, and they'll remember the football. If only one person thinks I'm the best player in the world, that's good enough for me.
Build a good name. Keep your name clean. Don't make compromises. Don't worry about making a bunch of money or being successful. Be concerned with doing good work and make the right choices and protect your work. And if you can build a good name, eventually, that name will be its own currency.
To create an extraordinary quality of life, you must create a vision that's not only obtainable, but that is sustainable.
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