Business Quote by Marc Randolph
“If you want your company to succeed, you have to have the confidence in your business to take a bet on its future - to risk destroying a mediocre business model for the chance to have a strong one.”
About This Quote
Source Book: The Startup Playbook, 2015
Success requires bold confidence to gamble on a stronger future, even if it means abandoning a mediocre model.
In simple terms: Take risks to replace weak business models with stronger ones.
Key Takeaway
Embrace calculated risk for growth.
Themes
entrepreneurship
risk
confidence
innovation
business strategy
Mood
optimistic
determined
Type
business
inspirational
When to use this quote
- product launch
- investment decisions
- pivot planning
- market expansion
Key Concepts
strategic risk
disruption
Questions to Reflect On
- What would you risk to improve your business?
- How do you assess the potential payoff?
A Different Perspective
Risk can lead to failure if not properly evaluated.
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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)