I'd rather invest in an entrepreneur who has failed before than one who assumes success from day one.
Kevin O'LearyRead
When you're an investor, you can look at the quantitative and qualitative elements of an investment, but there's a third aspect: What you feel in your gut.
Interpretation
Investing involves both analytical and intuitive aspects.
Kevin O'Leary emphasizes that successful investing is not solely based on numbers and measurable factors; it also requires a gut feeling or intuition about the investment. This third aspect combines emotional intelligence with analytical skills to make well-rounded decisions.
In practice
This quote could be used in a financial seminar to highlight the importance of intuition in investing.
I'd rather invest in an entrepreneur who has failed before than one who assumes success from day one.
I have met many entrepreneurs who have the passion and even the work ethic to succeed - but who are so obsessed with an idea that they don't see its obvious flaws. Think about that. If you can't even acknowledge your failures, how can you cut the rope and move on?
Downturns are the best time to start businesses because you develop discipline that's very lean and mean in terms of how to spend money. And those habits serve you very well in good times.
Brilliance is one part talent, two parts wisdom and three parts passion.
When you make a lot of money, it just means you made a lot of money. It doesn't make you a better person.
I realize that although I'd like to make films as a career after I'm done playing, I really love basketball; I really love my career, an opportunity to compete every day and to push myself physically, mentally and emotionally.
She never envisioned a legal career for me, but she did think it was very important that I be able to support myself, and I think she would be pleased to see what has become of me.
Ideally, since 80 percent of your life is spent working, you should start your business around something that is a passion of yours
It's all about competitiveness: are you making the products that people really do want and value, and are you making it more efficiently and using less resources and less time than the competition?
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