Entrepreneurial Failure 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.

I bought a company in the mid-'90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.

Romney was an excellent businessman with a strong record as a public servant - whereas Trump inherited wealth, went bankrupt more than once, created nothing of value, and had no governing record at all.

Outsiders think of Silicon Valley as a success story, but in truth, it is a graveyard. Failure.. is Silicon Valley's greatest strength. Every failed product or enterprise is a lesson stored in the collective memory of the country. We not only don't stigmatize failure, sometime we even admire it. Venture Capitalists actually like to see a little failure in the resumes of entrepreneurs.

The deciding factor of why some entrepreneurs are successful and others fail is not limited to your DNA or your education; it is about the actions you take as the leader of your business.

I think my dad is the only Arabic descendent who is an unsuccessful businessman.

My biggest mistake was when I started up easyEverything, a chain of Internet cafes. The idea that people would go to a shop to use a computer was revolutionary in 1999. It worked for a while, but cheap technology almost killed it. One silver lining of the problems I faced was that it gave me experience of turnarounds.

Watching an entrepreneur fail is sad, but watching him fail from lack of nerve is tragic.

I didn't know how to run a business. I was a terrible gallerist, the worst in history, possibly.

But certainly the laser proved to be what I realized it was going to be. At that moment in my life I was too ignorant in business law to be able to do it right, and if I did it over again probably the same damn thing would happen.

If people have got an amazing opportunity such as on 'Dragons' Den' and they mess it up by being lazy with their presentation it does make me a bit cross.

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.

As an entrepreneur, I knew that if my company failed, I could always try again. So I often felt that the only real risk of true financial ruin came from the possibility of a serious illness that either exceeded my insurance plans lifetime limits, or was not covered due to rescission.

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.

Too many start up business fail simply because their owners continue to think and act like employees.

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 two big startup killers are when there's just no market for what you are doing, and team problems.

It was 1999, and we were building a way for college kids to create online profiles for the purpose of sharing... with employers. Oops. I vividly remember the moment I realized my company was going to fail. My co-founder and I were at our wits' end. By 2001, the dot-com bubble had burst, and we had spent all our money.

We would be billionaires, but we took responsibility for Summa's failure.