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.
It is a paradoxical but profoundly true and important principle of life that the most likely way to reach a goal is to be aiming not at that goal itself but at some more ambitious goal beyond it.
In my first year, when I was driving in runs, winning games and making headlines, there was an old man who came to games at Seals Stadium, and one day he called me over, introduced himself and told me not to believe anything written about me or think too much of all the accolades.
If you really want to know where your destiny lies, look at where you apply your time.
The Nets' a stone throw from where I used to throw bricks_x000D_ _x000D_ ...So it's only right I'm still tossing 'round Knicks.
The best thing I ever did was when I was offered a million dollars to go play in South Africa and didn't take it. I was 21 years old, and part of it was like, 'Well, if they're offering me this obscene amount of money just to play one match, there must be something really wrong.'
Wealth comes from knowing_x000D_ what others do not know.
Subscribe for the occasional hand-picked quote. No noise.