Andrew Yang Quotes

Every time you start a company - and I've started five or six - you have the opportunity to screw up in whole new ways.

Sleeping at night is not a specialty of entrepreneurs. The entrepreneur who is sleeping soundly, something bad is happening to that person; they just don't know it's happening yet.

It isn't that every company is going to be successful. The law of averages shows that 80% of companies are going to fail.

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

As any small business owner knows, starting a business is not glamorous work.

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

A lot of entrepreneurs hate big companies. But if you hate them so much, why are you trying to build a new one? The truth is, as soon as a startup has any kind of success whatsoever, it will face big company problems.

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

Maybe it's whiner's fatigue, but I'm getting tired of hearing about how hard it is to start a company and be a CEO. It's not that hard.

Not everyone is born to run a $4 billion company. There is no magic formula. I've learned, and I've grown by learning. That's why I've enjoyed being in business so much: It's stretched me.

We sunk everything into it. It came close to going under several times.

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.

There's one thing I've learned about entrepreneurs' business plans. Every one is wrong.

About 10 million people start a business each year, and about one out of two will make it. The average entrepreneur is often on his or her third startup.

The truth is that most small businesses will not succeed and you need to be emotionally prepared for this.

When I finished school, I took my entire life savings - $5,000 - and invested it in a business. I was young. I was inexperienced. But I was an entrepreneur, and I was proud. And in six weeks, I was broke.

Starting a business is not for everyone. Starting a business - I'd say, number one is have a high pain threshold.

I know what it's like to start a business. I know how extra ordinarily difficult it is to build something from nothing. I know how government kills jobs and, yes, I know how it can help from time- to-time.

For over forty years, I've been one of the most passionate believers in entrepreneurs. From day one, I've learned that too many small businesses are predicated on business models that the owner barely understands, and then, those same men and women are baffled when their business dreams are overwhelmed with struggles they never foresaw.

When I started my last business, I didn't receive a paycheck for 13 months. The average person can't handle that pressure.

I've spent my whole life before coming to Congress as a Chamber of Commerce manager. What that means is you help start small businesses, help them grow in good times and bad.

Struggling to start a small business is all-encompassing. It is a 24-hour job that places strain on those involved. As well as worrying about your own mortgage and kids, you worry about those of your staff.

One reason why entrepreneurs are admired is that they often take on a degree of risk in launching a new business.

People are starting companies at young ages. They fail fast, learn a lot, and keep going.

Even the greatest companies encounter problems or otherwise fall out of favour.