Business Quote by Dan Senor
““A 2006 Harvard University study shows that entrepreneurs who have failed in their previous enterprise have an almost one-in-five chance of success in their next start-up””
About This Quote
Source Study: Harvard Business Review, 2006
Entrepreneurs who previously failed have a 20% chance of success in their next venture.
In simple terms: Failure can lead to future success.
Key Takeaway
Learn from past failures.
Themes
entrepreneurship
failure
resilience
Mood
optimistic
inspirational
Type
business
educational
When to use this quote
- startup funding
- business planning
- career pivots
Key Concepts
risk tolerance
learning curves
Questions to Reflect On
- What lessons from failure improve new ventures?
- How can support systems boost second‑time founders?
A Different Perspective
Success rates still low overall.
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![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)