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
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.
Interpretation
Values are integral to branding and require commitment for true success.
This quote by Richard Branson emphasizes the importance of strong, meaningful values in branding and innovation. He argues that superficial commitment to values is insufficient; true success requires a deep, consistent engagement with these values, which should evoke genuine emotional connections with people. Moreover, he acknowledges the temptation to be cynical about such commitments, but suggests that overcoming this cynicism is essential to achieving lasting success.
In practice
In a business presentation discussing the importance of brand integrity.
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?
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.
Always think, 'what's the worst that can happen' and have some kind of strategy to deal with it
You get whatever accomplishment you are willing to declare.
I do not think much of the good luck theory of self-made men. It is worth but little attention and has no practical value.
Enthusiasm is the engine of success.
When you don’t become fixated on winning the prize or appearing successful, and instead pursue your passions, then you will discover the fulfillment that comes from living by instinct.
The winner asks, "May I help?" The loser asks, "Do you expect me to do that?"
It is possible that the scrupulously honest man may not grow rich so fast as the unscrupulous and dishonest one; but the success will be of a truer kind, earned without fraud or injustice. And even though a man should for a time be unsuccessful, still he must be honest: better lose all and save character. For character is itself a fortune. . . .
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