Entrepreneur Failure Quotes

Entrepreneurship is “risky” mainly because so few of the so-called entrepreneurs know what they are doing.

Most entrepreneurs are merely technicians with an entrepreneurial seizure. Most entrepreneurs fail because you are working IN your business rather than ON your business.

A lot of people came into the airline business. Most of them promptly exited, minus their money.

Central planning didn't work for Stalin or Mao, and it won't work for an entrepreneur either.

The average for entrepreneurs is 3.8 failures before they finally make it in business.

Investors do not like losing money. They do not like companies that fail. They do not like entrepreneurs that fail. There is not a culture of celebrating failure in Silicon Valley or anyplace else. That is a myth. Recognize this, and if you start another business, get it to a successful point before approaching outside investors again.

To be an entrepreneur in Europe, there is a stigma attached to it. There's a reason why England is known as a nation of shopkeepers. Part of it is the idea that it's better to have a shop and keep it up and running than close the doors and try to do something much more significant.

The attributes for entrepreneurs cut both ways. You need the ability to ignore inconvenient facts and see the world as it should be and not as it is. This inspires people to take huge leaps of faith. But this blindness to facts can be a liability, too. The characteristics that help entrepreneurs succeed can also lead to their failure.