A Quote by Tim Harford

Failure in Innovation - it's a price worth paying. — © Tim Harford
Failure in Innovation - it's a price worth paying.
If God thinks this state of war in the universe a price worth paying for free will...then we may take it it is worth paying.
If higher unemployment is the price we have to pay in order to bring inflation down, then it is a price worth paying.
Rising unemployment and the recession have been the price that we have had to pay to get inflation down. That price is well worth paying.
If it is worth playing, it is worth paying the price to win.
Well, I’ve learnt this much: it doesn’t matter what it costs, it’s worth paying the price. You can’t live cheap and you can’t live for nothing. Pay the price and be proud you’ve paid it, that’s what I reckon.
If God thinks this state of war in the universe is a price worth paying for free will--that is, for making a live world in which creatures can do real good or harm and something of real importance of real importance can happen, instead of a toy world which only moves when He pulls the strings--then we may take it it is worth paying.
The fact that the price must be paid is proof it is worth paying.
The national policy of promoting abstinence-only programs is a $1.5 billion failure and teenage girls are paying the real price.
It was in our power to set high price for our blood, a price too high for the Arab community, the Arab army, or the Arab governments to think it worth paying.
Rapid innovation is the cure for the ills we face, but because innovation is difficult and susceptible to failure, we might need to rethink the way we approach innovation and how we drive it through our companies.
My dad used to tell me, 'Check the price, son.' Check the price, kids, check the price because there is a price to be paid for whatever you do in life, whether it is good or it is bad. Before you do something, ask yourself is it worth the price you have to pay?
What really makes the difference in innovation is whether the corporate culture is paying attention to innovation.
What is discipleship? It is primarily obedience to the Savior. Discipleship includes many things. It is chastity. It is tithing. It is family home evening. It is keeping all the commandments. It is forsaking anything that is not good for us. Everything in life has a price. Considering the Savior's great promise for peace in this life and eternal life in the life to come, discipleship is a price worth paying. It is a price we cannot afford not to pay. By measure, the requirements of discipleship are much, much less than the promised blessings.
It's impossible to have a coin with only one side. You can't have heads without tails. Innovation is like that. Initiative is like that. Art is like that. You can't have success unless you're prepared to have failure. As soon as you say, 'failure is not an option,' you've just said, 'innovation is not an option.'
9/11 just seemed to come out of the blue. And there were people asking questions, but then there were no answers. At some point, it just turned into, "We've got to do what we've got to do." And I think those are the moments when you grow, when you get the opportunity to try to figure out, exactly as you said, what price are you paying, and if it's worth that price.
We can think about how we reduce the pain in paying. So, for example, credit cards are wonderful mechanisms to reduce the pain of paying. If you go to a restaurant and you are paying cash, you would feel much worse than if you were paying with credit card. Why? You know the price, there's no surprise, but if you're paying cash, you feel a bit more guilt.
This site uses cookies to ensure you get the best experience. More info...
Got it!