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Failure Quote by Eric Ries

“I’ve made billions of dollars of failures at Amazon.com. Literally. None of these things are fun, but they also don’t matter. What matters is that companies that don’t continue to experiment or embrace failure eventually get in the position where the only thing they can do is make a Hail Mary bet…” quote by Eric Ries
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““I’ve made billions of dollars of failures at Amazon.com. Literally. None of these things are fun, but they also don’t matter. What matters is that companies that don’t continue to experiment or embrace failure eventually get in the position where the only thing they can do is make a Hail Mary bet at the end of their corporate existence. I don’t believe in bet-the-company bets.””

Eric Ries

About This Quote

Source Book: The Startup Way by Eric Ries, 2017

Success requires continual experimentation; avoiding failure leads to desperate, high‑risk moves later.

In simple terms: Keep experimenting, avoid big last‑minute bets.

Key Takeaway

Embrace failure early.

Themes

innovation risk experiment

Mood

cautious determined

Type

advice philosophical

When to use this quote

  • product development
  • corporate strategy
  • team culture

Key Concepts

lean startup organizational learning

Questions to Reflect On

  • How can you embed safe‑fail practices?
  • What small experiments can you start now?
A Different Perspective

If you never fail, you may never learn.

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