Quotation #158

About This Quote


What is an entrepreneur? While the definition varies somewhat depending on who you ask, most would agree that an entrepreneur is someone who founds a brand-new business, or startup, taking on some degree of financial risk in order to get their company off the ground. In other words, you're not necessarily an entrepreneur if you rise to eminence in an established company or if you fund your startup entirely with someone else's money. It takes a special type of person to be an entrepreneur, because it requires you to be brave, independent, and perhaps just a little bit crazy. Are you an aspiring entrepreneur? Get inspired with these 100 empowering startup quotes from successful entrepreneurs, ranging from Thomas Edison to Steve Jobs. [include-posts id="578" count="1"] Interpretation: Trying and not succeeding is not failure; it is part of the process of discovering what works. [/include-posts] [include-posts id="5588" count="2"] Interpretation: Once you’re dead, having done something great with your life and career is better than having died with the most money. [/include-posts] [include-posts id="5594" count="3"] Interpretation: If you wait to do something until the conditions are perfect, you will never make any progress. [/include-posts] [include-posts id="5597" count="4"] Interpretation: Adopt a global mentality, and you will succeed in your local market as well as worldwide. [/include-posts] [include-posts id="5600" count="5"] Interpretation: To be successful at anything, you must think about it constantly, including during your downtime (and even when showering). [/include-posts] [include-posts id="5603" count="6"] Interpretation: Approach customers with a friendly, genuine attitude, rather than with a shrewd, business-y mindset. [/include-posts] [include-posts id="5606" count="7"] Interpretation: Put in overtime for work you are passionate about. You won’t feel like you are throwing away your nights and weekends if the work is important to you. [/include-posts] [include-posts id="5609" count="8"] Interpretation: Someone who suddenly becomes very successful may appear to be an “overnight success,” even though they have been working hard to make their dream come true for years. Successful people don’t just materialize out of nowhere, even if it might appear that way to an outside observer. [/include-posts] [include-posts id="5613" count="9"] Interpretation: Pay attention to everything, including what other people are doing, what you’re doing, and in particular, the things you do not want to do. [/include-posts] [include-posts id="5616" count="10"] Interpretation: Good ideas are common. People who follow through with their ideas and make them a reality are rare. [/include-posts] [include-posts id="5619" count="11"] Interpretation: You cannot avoid making mistakes if you are to be successful. To be successful, you need to make many decisions. Inevitably, you will sometimes make the wrong decision. [/include-posts] [include-posts id="5623" count="12"] Interpretation: The new businesses that grow the fastest are ones that result from a consumer need that wasn’t previously being met. [/include-posts] [include-posts id="714" count="13"] Interpretation: Your beliefs determine how successful you will be. If you truly believe you can do something, then you can. The opposite is also true. [/include-posts] [include-posts id="5628" count="14"] Interpretation: It is dangerous to get too comfortable with success — the only way you will continue to be successful is if you continually try to improve. [/include-posts] [include-posts id="55693" count="15"] Interpretation: Brilliant inventions/innovations are mostly the result of hard work. The brilliant idea that inspires the invention is only a tiny part of the process that makes it a reality. [/include-posts] [include-posts id="5632" count="16"] Interpretation: Problems, even minor annoyances, are the inspiration for great solutions. [/include-posts] [include-posts id="5635" count="17"] Interpretation: Success requires you to be patient, motivated, and brave. [/include-posts] [include-posts id="5638" count="18"] Interpretation: Businesses become and stay successful because they provide the market with something valuable, not just because they have a catchy name or logo. [/include-posts] [include-posts id="5641" count="19"] Interpretation: Successful entrepreneurs love their work. You won’t gain success if your primary motivation is time off work, i.e., weekends and vacations. [/include-posts] [include-posts id="674" count="20"] Interpretation: To succeed, you need to want success as if your life depends on it. [/include-posts] [include-posts id="5647" count="21"] Interpretation: Ideas have no value if you don’t execute them. [/include-posts] [include-posts id="5650" count="22"] Interpretation: Simply desiring to be rich is not enough to actually become rich. In other words, to have a lucrative business, you must be inspired by something more than money. [/include-posts] [include-posts id="5653" count="23"] Interpretation: By avoiding hard work, you will miss out on a lot of opportunities. [/include-posts] [include-posts id="5656" count="24"] Interpretation: Always go above and beyond with your work, producing more than just what others expect from you. [/include-posts] [include-posts id="2185" count="25"] Interpretation: Working hard and staying the course, even when it’s not easy, is a defining characteristic of successful entrepreneurs. [/include-posts] [include-posts id="5662" count="26"] Interpretation: People are quick to dismiss ideas they don’t like but are not as decisive when it comes to choosing what they actually do like. Figuring out what people really want represents a business opportunity. [/include-posts] [include-posts id="5666" count="27"] Interpretation: Tell people about your idea and don’t be afraid of negative feedback — that someone will be uninterested in or dismissive of your idea. Use negative feedback as motivation to prove the doubters wrong and make your dream a reality. [/include-posts] [include-posts id="5669" count="28"] Interpretation: Unlike most people, Bill Gates, one of the richest and most successful people in the world, never took any time off work during his twenties. From this, we could infer that taking advantage of your youth by working hard (instead of partying hard) will ultimately pay off in a major way. [/include-posts] [include-posts id="5672" count="29"] Interpretation: Entrepreneurs become successful by focusing on the people that make their business possible (customers and employees), instead of focusing purely on business goals. [/include-posts] [include-posts id="5676" count="30"] Interpretation: You need to be primarily motivated by your vision of your ideal business, not by monetary incentives. [/include-posts] [include-posts id="5679" count="31"] Interpretation: To build a successful company, you need to be careful not to grow too fast; consider your gut feelings but also be disciplined in your approach; launch new ideas with your core values in mind; and not be afraid to stand out from other companies. [/include-posts] [include-posts id="5682" count="32"] Interpretation: Hard work alone won’t get you far. You must put your energies toward the right goal. [/include-posts] [include-posts id="5883" count="33"] Interpretation: As an entrepreneur, you should be happy every day that, unlike most people, you are doing doing the work you want to do. [/include-posts] [include-posts id="5900" count="34"] Interpretation: Keep aiming higher than what you think is possible to achieve. That way, you will always have something to motivate you. [/include-posts] [include-posts id="5903" count="35"] Interpretation: In business, leadership is preferable to “management”; leaders make their business competitive by getting things done, while “managers” get caught up in the details and don’t take action. [/include-posts] [include-posts id="5906" count="36"] Interpretation: You only have so many years on this planet. Don’t waste them trying to fulfill another person’s vision; follow your own dreams. [/include-posts] [include-posts id="5909" count="37"] Interpretation: We learn best by doing things ourselves and making our own mistakes, not by following the directions given to us by other people. [/include-posts] [include-posts id="5912" count="38"] Interpretation: Failing in business is not the end of the world — it’s not going to kill you. It just means that you have to try something else. [/include-posts] [include-posts id="5916" count="39"] Interpretation: Success is not a destination that you can arrive at. The road to success is never-ending, so you might as well enjoy it. [/include-posts] [include-posts id="5919" count="40"] Interpretation: Making your business idea a reality requires you to work hard and be thrifty with your money. [/include-posts] [include-posts id="5922" count="41"] Interpretation: The only way to initiate something is to just do it. Talking about doing it will get you nowhere. [/include-posts] [include-posts id="5926" count="42"] Interpretation: Innovative people are often told they’re crazy for dreaming so big. If you want to introduce a new idea, you have to be prepared for others’ disbelief. [/include-posts] [include-posts id="5929" count="43"] Interpretation: You must dream of even bigger and better things than you’re currently dreaming about if you want to get ahead. [/include-posts] [include-posts id="5935" count="44"] Interpretation: If you keep your focus on your goal, you will not be bothered by the appearance of obstacles in your way. [/include-posts] [include-posts id="5939" count="45"] Interpretation: It is important to conduct yourself in an ethical way that represents your values. Ethics and values should be prioritized above your career or making a lot of money. [/include-posts] [include-posts id="4110" count="46"] Interpretation: Customers are the most important component of a successful business; if you don’t satisfy them, they will take their business elsewhere and you will be out of a job. Don’t get fooled into thinking that the chairman or anyone else in the company is more important than the customers. [/include-posts] [include-posts id="5945" count="47"] Interpretation: Failure doesn’t have to be seen as a bad thing; failure represents an opportunity to start over in a smarter way. [/include-posts] [include-posts id="5948" count="48"] Interpretation: For entrepreneurs, sweat equity, or ownership in your startup offered to service providers in exchange for the services you need to get your startup off the ground, is more valuable than any other type of equity (company stock/ownership). [/include-posts] [include-posts id="5953" count="49"] Interpretation: This is a metaphor for entrepreneurship, or starting your own business. It means that it is an almost impossibly difficult and frightening task; you have to take a huge risk, and then figure out how to keep yourself from “crashing and burning” in a very limited amount of time. [/include-posts] [include-posts id="5957" count="50"] Interpretation: Do not be too concerned about not succeeding on your first try, or even on your fiftieth try. If you just keep trying, you will eventually succeed at least one time, and this one success will erase all of your previous failures. [/include-posts] [include-posts id="5960" count="51"] Interpretation: Successful entrepreneurs take action rather than sitting around, waiting for something to happen. [/include-posts] [include-posts id="5964" count="52"] Interpretation: People who are secure in their abilities and don’t feel the need to boast or draw a lot of attention to themselves are the ones with the strongest leadership abilities. [/include-posts] [include-posts id="5967" count="53"] Interpretation: Innovative business models are the most valuable, even if the odds of making such a model succeed are stacked against you. [/include-posts] [include-posts id="5970" count="54"] Interpretation: If you are not having any fun, you have probably chosen the wrong career path. And if your journey is too easy, you need to take more risks. [/include-posts] [include-posts id="57311" count="55"] Interpretation: We must continually challenge ourselves to improve, regardless of what our competitors are doing. We can only control ourselves, not our competitors. [/include-posts] [include-posts id="57313" count="56"] Interpretation: Recessions are a time of turmoil in which many people lose their jobs and must start on a new career path. However, this is a good thing for employers because it adds to the job pool valuable, talented people (who were previously committed to other jobs). [/include-posts] [include-posts id="57315" count="57"] Interpretation: Place more emphasis on pleasing your customers, and concern yourself less with what your business competitors are doing. [/include-posts] [include-posts id="57316" count="58"] Interpretation: Motivation, or inspiration, is what gets a business idea off the ground. However, to maintain this momentum, the things you did to make your business successful in the first place need to become natural, everyday practices (habits). [/include-posts] [include-posts id="57317" count="59"] Interpretation: Starting your own business involves many painful reckonings, but working for a big company (that is not your own) is akin to being tortured. [/include-posts] [include-posts id="57321" count="60"] Interpretation: If you’ve reached the point where you feel like giving up, you are probably very close to succeeding. [/include-posts] [include-posts id="57324" count="61"] Interpretation: Don’t be afraid to leave your comfort zone, especially at the start of a new business endeavor. By stretching your boundaries and doing something unconventional, you will be creating a business with a unique competitive advantage. [/include-posts] [include-posts id="57325" count="62"] Interpretation: The three things you need for a successful business are to strongly desire success, to know your product like the back of your hand, and to be well informed about your customer base and their needs. [/include-posts] [include-posts id="57326" count="63"] Interpretation: Don’t worry if you are not a genius or a prodigy. Create things because you enjoy creating them, to learn about yourself, and to inspire others. [/include-posts] [include-posts id="57327" count="64"] Interpretation: Do what you love and what you are good at. You were given your talent to share it with the world. [/include-posts] [include-posts id="57329" count="65"] Interpretation: Entrepreneurs should not get too caught up in the small details of running a business. Keep in mind the big picture — which is that you have the opportunity to shape your destiny and the future in an amazing way. [/include-posts] [include-posts id="57330" count="66"] Interpretation: Successful inventors create things based on what people need, as opposed to just making what they feel like making. [/include-posts] [include-posts id="57331" count="67"] Interpretation: Creating a business will strongly affect your emotions, causing you to feel very happy at times and very sad at other times. However, you must brace yourself against these strong emotions and see your vision through. [/include-posts] [include-posts id="57338" count="68"] Interpretation: Be optimistic about your abilities; don’t just assume you can’t do something because it’s difficult. If you have the mindset that you will succeed, you might be among the few entrepreneurs who actually do succeed. [/include-posts] [include-posts id="16620" count="69"] Interpretation: Don’t make fun of “geeks” or “nerds” — that is, really smart people who might do things a little differently than most people — because you will one day be at their mercy. These intelligent folks (like Bill Gates) end up in powerful positions in the workplace, so you will probably have a former “geek” as your boss. [/include-posts] [include-posts id="57340" count="70"] Interpretation: One strategy for success is to focus on quantity rather than quality. Rather than spending too much time on creating the perfect idea, you might come up with many different ideas, one of which will stick. In other words, you don’t need to be a creative genius to succeed; you only need to be active. [/include-posts] [include-posts id="57346" count="71"] Interpretation: Being an entrepreneur requires strong prioritization skills. Since you don’t have many (or any) employees to delegate to in the beginning, you must put your energies toward the most important task of the day. [/include-posts] [include-posts id="57347" count="72"] Interpretation: To be successful, you need advice from good mentors, but it is also important to have faith in your own judgment. [/include-posts] [include-posts id="57348" count="73"] Interpretation: Be careful not to hire a person that is bad for your company because this will cost you, big time. It is better to not hire anyone at all (even though you might potentially miss out on hiring someone good) than it is to hire a bad person. [/include-posts] [include-posts id="57278" count="74"] Interpretation: Don’t restrict yourself by believing you cannot achieve something great. As long as you think you can do something, you can do it. [/include-posts] [include-posts id="57350" count="75"] Interpretation: More important than coming up with new ideas is to let go of old ideas that are no longer fresh. [/include-posts] [include-posts id="16605" count="76"] Interpretation: Rather than complaining about what is wrong, do something to fix it. It takes no talent to find fault with something. [/include-posts] [include-posts id="57352" count="77"] Interpretation: Do not allow others to put down your ideas. If you really believe in your idea, prove the naysayers wrong by finding a way to make it work. [/include-posts] [include-posts id="57353" count="78"] Interpretation: When embarking on an online startup, you need the help of people with relevant talents, for example, search engine optimization or website design experts. Network with these people and learn from them. [/include-posts] [include-posts id="57354" count="79"] Interpretation: The simpler your idea is, the easier it is to perfect each part of it. [/include-posts] [include-posts id="57355" count="80"] Interpretation: Instead of trying to give customers what they want right now, anticipate what customers will want in the future and start working on that. This is how you stay ahead of the curve. [/include-posts] [include-posts id="57367" count="81"] Interpretation: Don’t worry if your idea isn’t perfect right now. You can figure things out along the way and change your idea accordingly. [/include-posts] [include-posts id="57368" count="82"] Interpretation: The more you expect of your business, the more you will be able to achieve. [/include-posts] [include-posts id="57369" count="83"] Interpretation: Do not listen to other people too much or over-analyze things. Make progress by creating things and seeing if they work. [/include-posts] [include-posts id="57370" count="84"] Interpretation: More than just a great idea, you need a plan of action to make it happen. You can’t just want success, you need to know the steps you will take succeed. [/include-posts] [include-posts id="57371" count="85"] Interpretation: Evaluate your product as if you are the user, using this perspective to improve your product. However, don’t trick yourself into thinking that your perspective is the same as the average user’s or that you know exactly what the actual users of your product want. [/include-posts] [include-posts id="57372" count="86"] Interpretation: Success is simple if you understand what customers want and what needs they have that aren’t being met. [/include-posts] [include-posts id="57373" count="87"] Interpretation: Have confidence in yourself and don’t be timid. Don’t let other people defeat you. [/include-posts] [include-posts id="57280" count="88"] Interpretation: When you tell others what you want/believe, you are also telling yourself what you want/believe. Don’t limit yourself by having a small vision. [/include-posts] [include-posts id="57375" count="89"] Interpretation: You can win in business by deciding that you are going to succeed and become the best you can be, no matter how much time, work, or money it takes. [/include-posts] [include-posts id="57376" count="90"] Interpretation: Be your own person and don’t be fearful of standing out from the crowd. You will gain a competitive advantage in the marketplace by being unique. [/include-posts] [include-posts id="57388" count="91"] Interpretation: Your product has to be good in order for it to have staying power. Even if you are able to successfully market a bad product, your business will not survive ten years. [/include-posts] [include-posts id="57389" count="92"] Interpretation: The most critical part of being a successful entrepreneur is believing in yourself. [/include-posts] [include-posts id="57390" count="93"] Interpretation: Follow your own judgment and gut feelings about things. [/include-posts] [include-posts id="89039" count="94"] Interpretation: Use your time to make your own dream come true, not someone else’s. Don’t let other people’s opinions overshadow your own. Most importantly, be brave enough to follow your own instincts. [/include-posts] [include-posts id="57392" count="95"] Interpretation: People don’t become successful through luck. It is through hard work and careful observation that you become successful. [/include-posts] [include-posts id="57393" count="96"] Interpretation: When you don’t have a specific aim or purpose for your business, you end up selling out by conceding to other people and interests, and eventually there is nothing left of your original idea. [/include-posts] [include-posts id="57394" count="97"] Interpretation: Entrepreneurs take on a bit more work or responsibility than they think they can handle in hopes that they will adjust and quickly figure out how to accommodate these obligations. [/include-posts] [include-posts id="57395" count="98"] Interpretation: Successful people often fail multiple times before they succeed. In the case of Max Levchin, Co-Founder of PayPal, his business failures became less pronounced each time until he finally achieved a huge success. [/include-posts] [include-posts id="57396" count="99"] Interpretation: Don’t beat yourself up because you missed a business opportunity. More opportunities will surely come. [/include-posts] [include-posts id="16607" count="100"] Interpretation: Never lose your desire to succeed, no matter how successful you become. Keep coming up with huge, crazy ideas, rather than becoming too practical and conventional in your endeavors. [/include-posts]