A Quote by Adeo Ressi
Start-ups often die in the first 18 to 24 months because of formative mistakes, like choosing a bad co-founder or the wrong corporate entity or an inappropriate platform. Ninety percent of the companies the Founder Institute has created are alive because we've helped them avoid those mistakes.
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I feel that the best companies are started not because the founder wanted a company but because the founder wanted to change the world... If you decide you want to found a company, you maybe start to develop your first idea. And hire lots of workers.
Chairman Mao was after all a principal founder of the Chinese Communist Party and the People's Republic of China. In evaluating his merits and mistakes, we hold that his mistakes were only secondary. What he did for the Chinese people can never be erased. In our hearts we Chinese will always cherish him as a founder of our Party and our state.
The measure of a man cannot be whether he ever makes mistakes, because he will make mistakes. It's what he does in response to his mistakes. The same is true of companies. We have to apologize, we have to fix the problem, and we have to learn from our mistakes.
In talking to founder after founder; I've heard almost visceral reactions to working for companies, even very cool ones with great things to work on and lots of opportunity, like Facebook, Google, or consulting firms.
Humans have 3 percent human error, and a lot of companies can't afford to be wrong 3 percent of the time anymore, so we close that 3 percent gap with some of the technologies. The AI we've developed doesn't make mistakes.
I have learned from my mistakes and accept that change is important. Not all change is bad. Therefore, you have to be more mindful and accountable about the decisions you make in life. Even though I've made mistakes, I can say my journey is full of authenticity because I didn't deny my ups and downs.
It is one thing to make a mistake, and quite another thing not to admit it. People will forgive mistakes, because mistakes are usually of the mind, mistakes of judgment. But people will not easily forgive the mistakes of the heart, the ill intention, the bad motives, the prideful justifying cover-up of the first mistake.
Be proud of your mistakes. Well, proud may not be exactly the right word, but respect them, treasure them, be kind to them, learn from them. And, more than that, and more important than that, make them. Make mistakes. Make great mistakes, make wonderful mistakes, make glorious mistakes. Better to make a hundred mistakes than to stare at a blank piece of paper too scared to do anything wrong.
... I don't think anybody should avoid mistakes. If it is within their nature to make certain mistakes, I think they should make them, make the mistakes and find out what the cost of the mistake is, rather than to constantly keep avoiding it, and never really knowing exactly what the experience of it is, what the cost of it is, you know, and all the other facets of the mistake. I don't think that mistakes are that bad. I think that they should try and not do destructive things, but I don't think that a mistake is that serious a thing that one should be told what to do to avoid it.
I don't watch my old films like 'Roja,' 'Dil Se' because I only see mistakes. I see five minutes of the film and I am scared I will start finding mistakes in them.
Everyone should be themselves, and everybody makes mistakes, and young people who have a platform like I have, I know people who have a much bigger platform who are much more influential, who have made mistakes and learnt from them and had to do that on a public stage.
I have made so many mistakes, and such really stupid ones, I would start blubbing away if I could remember even half of them. But do not dwell on cock-ups, I say. You don't learn by your mistakes - at least I don't - so best to blunder on making fresh ones.
The Ninety-Ninety Rule of Project Schedules - the first ninety percent of the task takes ninety percent of the time, and the last ten percent takes the other ninety percent.
If you make mistakes that is alright because we all make mistakes and we learn from those mistakes. You gain confidence from learning, failing and rising again.
Obviously solving the education problem is big and complex, and there's already so many failings, but coding is the new fluency. This is the most valuable skill of this century. If you want to be a founder of a company, and not even just a tech company, but like a founder of a company, because I'm telling you software is going to play a role.
The thing that's confusing for investors is that founders don't know how to be CEO. I didn't know how to do the job when I was a CEO. Founder CEOs don't know how to be CEOs, but it doesn't mean they can't learn. The question is... can the founder learn that job and can they tolerate all mistakes they will make doing it?
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