"Start-ups make so many mistakes that the challenge to identify the root cause of a failure is tough. But believing in your own plan is probably the worst.“


-Eric Ries

posted in failure


Start-ups make so many mistakes that the challenge to identify the root cause of a failure is tough. But believing in your own plan is probably the worst.

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"You know how people always talk about how vision is the key to entrepreneurship and perseverance and really seeing what other people don't see? We can actually redeem a fair amount of that folk wisdom."

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"There was a study done in the early 20th century of all the entrepreneurs who entered the automobile industry around the same time as Henry Ford there were something like 500 automotive companies that got funded, had the internal combustion engine, had the technology, and had the vision. Sixty percent of them folded within a couple of years."

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"Science and vision are not opposites or even at odds. They need each other. I sometimes hear other startup folks say something along the lines of: 'If entrepreneurship was a science, then anyone could do it.' I'd like to point out that even science is a science, and still very few people can do it, let alone do it well."

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"The Soviet Union did not achieve victory over the West, so was my information inadequate to help them to victory, or did it play no particular role in their failure to achieve victory?"

-Aldrich Ames

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"There's only one thing that can guarantee our failure, and that's if we quit."

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"Failure is not fatal victory is not success."

-Tony Richardson

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"Persistent people begin their success where others end in failure."

-Edward Eggleston

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"It really is impossible not to like him. His success was his failure."

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"Don't take too much comfort in the fact that you're successful today because tomorrow could bring failure. There's no surety in life."

-Michael Savage

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