---
title: "Meaning & Key Takeaway of: I believe that the key to success lies in…"
description: "\"“I believe that the key to success lies in knowing how to both strive for a lot and fail well.”\" — Ray Dalio"
image: "https://sms4smile.com/quotes/i/3d9/ray-dalio-299_failure_i-believe-that-the-key-to-success-lies-i_3082064.jpg"
---

#  I believe that the key to success lies in knowing how to…

![“I believe that the key to success lies in knowing how to both strive for a lot and fail well.” quote by Ray Dalio](https://sms4smile.com/quotes/i/3d9/ray-dalio-299_failure_i-believe-that-the-key-to-success-lies-i_3082064.jpg)   [Download](https://sms4smile.com/quotes/i/3d9/ray-dalio-299_failure_i-believe-that-the-key-to-success-lies-i_3082064.jpg) [Open image](https://sms4smile.com/quotes/i/3d9/ray-dalio-299_failure_i-believe-that-the-key-to-success-lies-i_3082064.jpg)

> ““I believe that the key to success lies in knowing how to both strive for a lot and fail well.””

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Success requires balancing ambitious goals with the ability to learn from failure.

**In simple terms:** Aim high and learn from mistakes.

Key Takeaway

Embrace both ambition and resilience.

Themes

ambition failure learning

Mood

determined reflective

Type

motivational practical

When to use this quote

- career planning
- entrepreneurship
- personal development

Key Concepts

growth mindset risk management

Questions to Reflect On

- How do you measure “failing well”?
- What strategies help you stay ambitious after setbacks?

A Different Perspective

Overemphasis on failure can discourage risk‑taking.

★ ★ ★ ★ ★   No ratings yet

[Failure](https://sms4smile.com/quotes/about/failure/) [Key to success](https://sms4smile.com/quotes/about/key-to-success/) [Success](https://sms4smile.com/quotes/about/success/)

## Related quotes

> [“I believe that the key to success lies in knowing how to both strive for a lot and fail well. By failing well, I…](https://sms4smile.com/quotes/ray-dalio/i-believe-that-the-key-to-success-lies-in-knowing-how-to-both-strive/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

> [“I believe that the key to success lies in knowing how to both strive for a lot and fail well. By failing well, I…](https://sms4smile.com/quotes/ray-dalio/i-believe-that-the-key-to-success-lies-in-knowing-how-to-both-strive-2/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

> [The key to success lies in your feet and not your but. So get up of your arse and get on them feet.](https://sms4smile.com/quotes/daniel-starns/the-key-to-success-lies-in-your-feet-and-not-your-but-so-get-up-of/)

[Daniel Starns](https://sms4smile.com/quotes/author/daniel-starns/)

> [Longevity is the key to success,](https://sms4smile.com/quotes/ed-seykota/longevity-is-the-key-to-success/)

[Ed Seykota](https://sms4smile.com/quotes/author/ed-seykota/)

> [The single most important key to success is to be a good listener.](https://sms4smile.com/quotes/kelly-wearstler/the-single-most-important-key-to-success-is-to-be-a-good-listener/)

[Kelly Wearstler](https://sms4smile.com/quotes/author/kelly-wearstler/)

> [The key to success is to develop a winning edge.](https://sms4smile.com/quotes/brian-tracy/the-key-to-success-is-to-develop-a-winning-edge/)

[Brian Tracy](https://sms4smile.com/quotes/author/brian-tracy/)

> [The key to success is to be true to who you really are.](https://sms4smile.com/quotes/dan-miller/the-key-to-success-is-to-be-true-to-who-you-really-are/)

[Dan Miller](https://sms4smile.com/quotes/author/dan-miller/)

> [Readiness is the key to success PJD](https://sms4smile.com/quotes/patrick-joseph-dougherty/readiness-is-the-key-to-success-pjd/)

Patrick Joseph Dougherty

> [Failure is the key to success; each mistake teaches us something.](https://sms4smile.com/quotes/morihei-ueshiba/failure-is-the-key-to-success-each-mistake-teaches-us-something/)

[Morihei Ueshiba](https://sms4smile.com/quotes/author/morihei-ueshiba/)

> [“The key to success lies not in measuring the magnitude of one's suffering, but in the capacity to harness challenges as catalysts for personal…](https://sms4smile.com/quotes/erick-the-black-sheep-g/the-key-to-success-lies-not-in-measuring-the-magnitude-of-one-s/)

[Erick "The Black Sheep" G](https://sms4smile.com/quotes/author/erick-the-black-sheep-g/)

> [“The key to success is playing to people’s strengths.”](https://sms4smile.com/quotes/blair-singer/the-key-to-success-is-playing-to-people-s-strengths/)

[Blair Singer](https://sms4smile.com/quotes/author/blair-singer/)

> [The key to success is to be honest, follow your passion and not someone else's path.](https://sms4smile.com/quotes/urvashi-rautela/the-key-to-success-is-to-be-honest-follow-your-passion-and-not/)

[Urvashi Rautela](https://sms4smile.com/quotes/author/urvashi-rautela/)

> [Size alone is not a key to success, as we have seen recently.](https://sms4smile.com/quotes/norbert-reithofer/size-alone-is-not-a-key-to-success-as-we-have-seen-recently/)

[Norbert Reithofer](https://sms4smile.com/quotes/author/norbert-reithofer/)

> [Buy gold and sit on it. That is the key to success.](https://sms4smile.com/quotes/franz-pick/buy-gold-and-sit-on-it-that-is-the-key-to-success/)

Franz Pick

> [The key to success is kept in a sphere hidden in plain sight. You see it and absorb it every day. When you need…](https://sms4smile.com/quotes/brian-concepcion/the-key-to-success-is-kept-in-a-sphere-hidden-in-plain-sight-you-see/)

Brian Concepcion

## More by Ray Dalio

> [“Slow down your thinking so you can note the criteria you are using to make your decision. 2. Write the criteria down as a principle.…](https://sms4smile.com/quotes/ray-dalio/slow-down-your-thinking-so-you-can-note-the-criteria-you-are-using-to/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

> [“Having a process that ensures problems are brought to the surface, and their root causes diagnosed, assures that continual improvements occur.”](https://sms4smile.com/quotes/ray-dalio/having-a-process-that-ensures-problems-are-brought-to-the-surface-and/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

> [“If you can’t successfully do something, don’t think you can tell others how it should be done”](https://sms4smile.com/quotes/ray-dalio/if-you-can-t-successfully-do-something-don-t-think-you-can-tell/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

> [“Remember that a good plan should resemble a movie script.”](https://sms4smile.com/quotes/ray-dalio/remember-that-a-good-plan-should-resemble-a-movie-script/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

> [“I believe that the key to success lies in knowing how to both strive for a lot and fail well. By failing well, I…](https://sms4smile.com/quotes/ray-dalio/i-believe-that-the-key-to-success-lies-in-knowing-how-to-both-strive/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

> [I'm scared of one man, one vote because it suggests that everybody has an equal ability at making decisions, and I think that's dangerous.](https://sms4smile.com/quotes/ray-dalio/i-m-scared-of-one-man-one-vote-because-it-suggests-that-everybody-has/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

> [“A manager’s ability to recognize when outcomes are inconsistent with goals and then modify designs and assemble people to rectify them makes all the…](https://sms4smile.com/quotes/ray-dalio/a-manager-s-ability-to-recognize-when-outcomes-are-inconsistent-with/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

> [“So I learned to be radically open-minded to allow others to point out what I might be missing.”](https://sms4smile.com/quotes/ray-dalio/so-i-learned-to-be-radically-open-minded-to-allow-others-to-point-out/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

> [“During those terrible days after 9/11, when the whole country was being whipsawed by emotion, or the weeks between September 19 and October 10,…](https://sms4smile.com/quotes/ray-dalio/during-those-terrible-days-after-9-11-when-the-whole-country-was/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

> [“is more effective to train that subconscious, emotional you the same way you would teach a child to behave”](https://sms4smile.com/quotes/ray-dalio/is-more-effective-to-train-that-subconscious-emotional-you-the-same/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

> [I think that the first thing is you should have a strategic asset allocation mix that assumes that you don't know what the future…](https://sms4smile.com/quotes/ray-dalio/i-think-that-the-first-thing-is-you-should-have-a-strategic-asset/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

> [Life is like a game where you seek to overcome the obstacles that stand in the way of achieving your goals. You get better…](https://sms4smile.com/quotes/ray-dalio/life-is-like-a-game-where-you-seek-to-overcome-the-obstacles-that/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

> [“when we look down on ourselves through the eyes of nature we are of absolutely no significance. It is a reality that each one…](https://sms4smile.com/quotes/ray-dalio/when-we-look-down-on-ourselves-through-the-eyes-of-nature-we-are-of/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

> [“Great questions are a much better indicator of future success than great answers.”](https://sms4smile.com/quotes/ray-dalio/great-questions-are-a-much-better-indicator-of-future-success-than/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

> [“Georgi Plekhanov’s classic On the Role of the Individual in History.”](https://sms4smile.com/quotes/ray-dalio/georgi-plekhanov-s-classic-on-the-role-of-the-individual-in-history/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

[Explore all 716 Ray Dalio quotes ](https://sms4smile.com/quotes/author/ray-dalio/)

## More Failure quotes

> [When you do things they're absolutely right at that time for you and it can always teach you something about yourself. You can take…](https://sms4smile.com/quotes/kym-marsh/when-you-do-things-they-re-absolutely-right-at-that-time-for-you-and/)

[Kym Marsh](https://sms4smile.com/quotes/author/kym-marsh/)

> [Failures happen. You can't cry over them. You just take it in your stride because you know that you have done your best... Sometimes,…](https://sms4smile.com/quotes/divya-dutta/failures-happen-you-can-t-cry-over-them-you-just-take-it-in-your/)

[Divya Dutta](https://sms4smile.com/quotes/author/divya-dutta/)

> [No one is completely unhappy at the failure of his best friend.](https://sms4smile.com/quotes/groucho-marx/no-one-is-completely-unhappy-at-the-failure-of-his-best-friend/)

[Groucho Marx](https://sms4smile.com/quotes/author/groucho-marx/)

> [“Rhiannon's Law #28: If you're going to fuck up, be sure to fuck up good and proper. Nothing makes failure acceptable, so you might…](https://sms4smile.com/quotes/anonymous/rhiannon-s-law-28-if-you-re-going-to-fuck-up-be-sure-to-fuck-up-good/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [Failure is a part of life and you have to learn to deal with it. Failure is something that is part of life's cycle…](https://sms4smile.com/quotes/colin-powell/failure-is-a-part-of-life-and-you-have-to-learn-to-deal-with-it/)

[Colin Powell](https://sms4smile.com/quotes/author/colin-powell/)

> [If my child had prejudice in his head, I'd be ashamed. I would see it as my failure as a parent.](https://sms4smile.com/quotes/salman-rushdie/if-my-child-had-prejudice-in-his-head-i-d-be-ashamed-i-would-see-it/)

[Salman Rushdie](https://sms4smile.com/quotes/author/salman-rushdie/)

> [First action was a mistake. What about the second? third? fourth and fifth?...Mehn you are bad...](https://sms4smile.com/quotes/anonymous/first-action-was-a-mistake-what-about-the-second-third-fourth-and/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [God's love never fail :)](https://sms4smile.com/quotes/anonymous/god-s-love-never-fail/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [Don’t you just hate nights like that, when you think over every mistake you’ve made, every hurt you’ve received, every bit of meanness you’ve…](https://sms4smile.com/quotes/charlaine-harris/don-t-you-just-hate-nights-like-that-when-you-think-over-every/)

[Charlaine Harris](https://sms4smile.com/quotes/author/charlaine-harris/)

> [“Our failure to understand another being's inner reality doesn't make that reality any less real, or any less valuable to that being. (p.255)”](https://sms4smile.com/quotes/kathryn-schulz/our-failure-to-understand-another-being-s-inner-reality-doesn-t-make/)

[Kathryn Schulz](https://sms4smile.com/quotes/author/kathryn-schulz/)

> [I hope that the Palestinians don't make the mistake of unleashing a new intifada. They've tried it twice before, and the consequences were bad…](https://sms4smile.com/quotes/tom-segev/i-hope-that-the-palestinians-don-t-make-the-mistake-of-unleashing-a/)

[Tom Segev](https://sms4smile.com/quotes/author/tom-segev/)

> [Don't take too much comfort in the fact that you're successful today because tomorrow could bring failure. There's no surety in life.](https://sms4smile.com/quotes/michael-savage/don-t-take-too-much-comfort-in-the-fact-that-you-re-successful-today/)

[Michael Savage](https://sms4smile.com/quotes/author/michael-savage/)

> [“It took me years to learn to sit at my desk for more than two minutes at a time, to put up with the…](https://sms4smile.com/quotes/erica-jong/it-took-me-years-to-learn-to-sit-at-my-desk-for-more-than-two-minutes/)

[Erica Jong](https://sms4smile.com/quotes/author/erica-jong/)

> [failure in the theater is more public, more brilliant, more unreal than in any other field.](https://sms4smile.com/quotes/lillian-hellman/failure-in-the-theater-is-more-public-more-brilliant-more-unreal-than/)

[Lillian Hellman](https://sms4smile.com/quotes/author/lillian-hellman/)

> [As we are coming to the end of the year, I want you to forget about the past, the failure, the negative thoughts or…](https://sms4smile.com/quotes/anonymous/as-we-are-coming-to-the-end-of-the-year-i-want-you-to-forget-about/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

[Browse all 27,498 Failure quotes ](https://sms4smile.com/quotes/about/failure/)

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "Quotation",
            "text": "“I believe that the key to success lies in knowing how to both strive for a lot and fail well.”",
            "creator": {
                "@type": "Person",
                "name": "Ray Dalio"
            },
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "url": "https://sms4smile.com/quotes/ray-dalio/i-believe-that-the-key-to-success-lies-in-knowing-how-to-both-strive-3/",
            "about": {
                "@type": "Thing",
                "name": "Failure"
            },
            "@id": "https://sms4smile.com/quotes/ray-dalio/i-believe-that-the-key-to-success-lies-in-knowing-how-to-both-strive-3/#quotation",
            "image": {
                "@type": "ImageObject",
                "@id": "https://sms4smile.com/quotes/i/3d9/ray-dalio-299_failure_i-believe-that-the-key-to-success-lies-i_3082064.jpg",
                "contentUrl": "https://sms4smile.com/quotes/i/3d9/ray-dalio-299_failure_i-believe-that-the-key-to-success-lies-i_3082064.jpg",
                "url": "https://sms4smile.com/quotes/i/3d9/ray-dalio-299_failure_i-believe-that-the-key-to-success-lies-i_3082064.jpg",
                "width": 1080,
                "height": 1080,
                "caption": "“I believe that the key to success lies in knowing how to both strive for a lot and fail well.” — Ray Dalio",
                "creditText": "SMS4Smile Quotes",
                "creator": {
                    "@id": "https://sms4smile.com/quotes/#organization"
                }
            }
        },
        {
            "@type": "BreadcrumbList",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://sms4smile.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Quotes",
                    "item": "https://sms4smile.com/quotes/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "Ray Dalio",
                    "item": "https://sms4smile.com/quotes/author/ray-dalio/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "“I believe that the key to...",
                    "item": "https://sms4smile.com/quotes/ray-dalio/i-believe-that-the-key-to-success-lies-in-knowing-how-to-both-strive-3/"
                }
            ],
            "@id": "https://sms4smile.com/quotes/ray-dalio/i-believe-that-the-key-to-success-lies-in-knowing-how-to-both-strive-3/#breadcrumb"
        },
        {
            "@type": "WebSite",
            "@id": "https://sms4smile.com/quotes/#website",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "publisher": {
                "@id": "https://sms4smile.com/quotes/#organization"
            }
        },
        {
            "@type": "Organization",
            "@id": "https://sms4smile.com/quotes/#organization",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "logo": {
                "@type": "ImageObject",
                "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png",
                "width": 512,
                "height": 512
            }
        }
    ]
}
```
