A Quote by James Surowiecki
Solyndra's failure isn't a reason for the government to give up on alternative energy, any more than the failure of Pets.com during the Internet bubble means that venture capital should steer clear of tech projects.
Related Quotes
The Great Depression was not a sign of the failure of monetary policy or a result of the failure of the market system as was widely interpreted. It was instead a consequence of a very serious government failure, in particular a failure in the monetary authorities to do what they'd initially been set up to do.
The first reason for psychology's failure to understand what people are and how they act, is that clinicians and psychiatrists, who are generally the theoreticians on these matters, have essentially made up myths without any evidence to support them; the second reason for psychology's failure is that personality theory has looked for inner traits when it should have been looking for social context.
Not many people are willing to give failure a second opportunity. They fail once and it is all over. The bitter pill of failure is often more than most people can handle. If you are willing to accept failure and learn from it, if you are willing to consider failure as a blessing in disguise and bounce back, you have got the essential of harnessing one of the most powerful success forces.
You can feel good about failure. Failure means you did something. You finished the story even if it wasn't what you'd hoped. Failure means you're learning. Growing. Doing.
Failure is more frequently from want of energy than want of capital.
The opposite of success is not failure. Unsuccessful efforts are not failures unless they so discourage you that you abandon further efforts to achieve your goal. Even then, the venture or effort may be a failure but you are not. Failure is an event not a character trait.
The inner experience of fallure is totally different than failure. Going to fallure means 100% commitment - you leave nothing in reserve, no mental or physical resource untapped, you never give yourself a psychological out. Failure means making a decision to let go, to be less than 100% committed, when confronted by fear, pain and uncertainty.
Failure doesn't mean you are a failure... it just means you haven't succeeded yet. Failure is a detour, not a dead-end street.
Do not simplify. Do not worry about failure. Failure is a badge of honour. It means you risked failure.
Failure is awesome. Failure means you tried something, you tested it, and you learned some things. Failure gives you the tools to move forward.
Perfectionist is sometimes the wrong word... It means like you're never satisfied, or you're upset by every single failure - any type of failure. And so for me, I don't look at failure as necessarily a bad thing as long as I'm able to learn from it and take something from it, so that next time I'm in that situation I know how to succeed.
What a shame to be so afraid of failure that you stop living. My wife has a great one-liner about failure: "Never consider yourself a failure-you can always serve as a bad example." She is right. Failure can be a better teacher than success.
Cultivate your desire for success to be greater than the fear of failure; Failure is merely a pitstop between where you stand and success. Failure allows you to learn the fastest; Failure inspires winners and defeats losers.
When Marconi suggested the possibility of wireless transmission of sound (the radio),he was committed to a mental institution. But people like Lincoln, Edison, and Marconi were strongly motivated. So they didn't give up. They somehow knew that the only real failure is the one from which we learn nothing. They seemed to go on the assumption that there is no failure greater than the failure of not trying, and so they continued to try in the face of repeated failures.
Divorce is never a pleasant experience. You look upon it as a failure. But I learned to be a different person once we broke up. Sometimes you learn more from failure than you do from success.
State funds, private equity, venture capital, and institutional lending all have their role in the lifecycle of a high tech startup, but angel capital is crucial for first-time entrepreneurs. Angel investors provide more than just cash; they bring years of expertise as both founders of businesses and as seasoned investors.
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