Belief Quote by Dov Seidman
“For all great innovations, someone took a risk. They risked capital; they risked their energy; they risked their opportunity cost; and more important, they risked failure. We can't innovate without the belief that we can succeed, the confidence that others will be there to help us on the journey, and the security that we will not be punished if we fail to reach our goal. A fast-moving world demands innovation for long-term success.”
About This Quote
Source Book: The Business of People, Dov Seidman, 2012
Innovation requires embracing multiple forms of risk—financial, personal, and opportunity—while trusting in support and safety nets to pursue long‑term success.
In simple terms: Risk is essential for innovation, but support and safety help.
Accept risk, seek support, and protect against punitive failure.
Themes
Mood
Type
When to use this quote
- startup funding
- career change
- product development
- team collaboration
- policy making
Key Concepts
Questions to Reflect On
- What systems can you build to protect innovators from punitive outcomes?
- How do you balance risk with responsibility?
Without a culture that tolerates failure, risk can stifle creativity.