Failure Quote by Rich Jolly
““The two reinforcing loops take on different natures: virtuous to the successful and vicious to the unsuccessful.””
About This Quote
Source Book: Business Strategy Principles, 2019
Success and failure are reinforced by feedback loops: positive outcomes attract more success, while setbacks attract further setbacks.
In simple terms: Feedback loops amplify success or failure.
Key Takeaway
Break negative cycles early.
Themes
success
failure
feedback loops
Mood
analytical
motivational
Type
strategic
inspirational
When to use this quote
- career progression
- entrepreneurship
- personal habits
- team performance
Key Concepts
systems thinking
reinforcement theory
Questions to Reflect On
- What loop are you in?
- How can you create a virtuous cycle?
A Different Perspective
Changing a loop can be difficult without conscious effort.
