Troy Carter Quotes

Over a 10-year period, 99 out of 100 new entrepreneurs will fail. Only one will be left standing as others get pushed out of the market or burn out from working so hard. It's really sad.

Starting a business is risky. Half of all new businesses fail to experience a fifth anniversary. And everyone knows that you could lose all the money you've invested in your new company and then some. Those are the obvious risks of trying to be an entrepreneur.

My dad was a terrible businessman.

Starting a company is rough. It's even harder when you're young - I know this firsthand, because my first company flopped when I was 25.

I guess the worst moment I ever had in business was the fear that Southwest Airlines wouldn't get off the ground.

Companies that banked their future on broadband - most of them are not very successful.

But indeed a market like California is not good for Enron.

There was never any danger of Business 2.0 ever going under.

The grim reality is that most start-ups fail. Most new products are not successful. Yet the story of perseverance, creative genius, and hard work persists.

The number of businesses that fold due to bad partnerships is staggering. In some cases, they are charlatans, in others inept business people, and others find themselves unable to scale with any growth.

When you get into investing, your default stance should be 'No,' because most deals suck. Most deals won't make money. Most companies will fail.

Nine out of ten businesses fail; so I came up with a foolproof plan - create ten businesses.

That 95 per cent. fail of those who start in business upon their own account seems incredible, and yet such are said to be the statistics upon the subject.

Over the very long term, history shows that the chances of any business surviving in a manner agreeable to a company's owners are slim at best.

Companies fail for lack of brains and effort.

Money goes out first to pay expenses and then comes back as profits later - if at all. The high rate of failure of new businesses makes painfully clear that there is nothing inevitable about the money coming back.

The natural state of a start-up is to die; most start-ups require multiple miracles in their early days to escape this fate.

We've had public companies in the past in that business and they bleed. We've got a lot more blood than they do.

There's a couple of universal principles in life. One is, don't ever open a restaurant. One out of every two fails.

Look at MIT—the smartest people in the world. They start up 50 companies a year. Only 1 makes it.

In technology, most things fail. Most companies fail.

If you underperform for your owners, eventually they pick up their bat and ball and go home.

When companies fail, shareholders bear the losses. It's just the way our system is supposed to work.

When you lose control of risk at a financial institution, you do a variety of unfortunate credit extensions or purchases - and all of a sudden, you've blown up your business.

Objectively speaking, Traf-O-Data was a failure as a company. Right as our business started to pick up, states began to provide their own traffic-counting services to local governments for free.