Business Quote by Jeffry A Timmons
“If you want to be an entrepreneur, fail as fast as you can. The longer you go without that experience, the more afraid you will be of it, and then you will never do it!”
About This Quote
Source Book: Venture Capital and the Finance of Entrepreneurship, 1999
Entrepreneurs should embrace rapid failure to learn quickly and reduce fear of future setbacks.
In simple terms: Fail fast to learn and reduce fear.
Key Takeaway
Embrace quick failures for growth.
Themes
entrepreneurship
failure
learning
Mood
cautious
pragmatic
Type
advice
inspirational
When to use this quote
- new business launches
- product testing
- market entry
Key Concepts
lean startup
risk management
Questions to Reflect On
- How can you fail safely?
- What safeguards protect your venture?
A Different Perspective
Too many failures can deplete resources and morale.
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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)