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Biggest mistake Quote by Stephen A. Schwarzman

“The biggest mistake I've seen people make with their careers is, when they're good, after two or three years - and they happen to be smart - they announce that they're going out to start their own firm.” quote by Stephen A. Schwarzman
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“The biggest mistake I've seen people make with their careers is, when they're good, after two or three years - and they happen to be smart - they announce that they're going out to start their own firm.”

Stephen A. Schwarzman

About This Quote

People often abandon a stable, growing career too early, assuming early success guarantees entrepreneurial success, which can lead to premature failure.

In simple terms: Premature departure from a promising career

Key Takeaway

Timing matters more than talent alone

Themes

career strategy risk assessment entrepreneurship growth mindset decision timing

Mood

cautious reflective analytical

Type

advice observation cautionary

When to use this quote

  • mid‑career professionals considering a startup
  • high‑performers feeling restless
  • employees with early promotions
  • people overestimating their readiness

Key Concepts

career progression entrepreneurial risk skill development

Practical Applications

  • career counseling
  • entrepreneurial readiness programs

Questions to Reflect On

  • What indicators should signal readiness for a venture?
  • How can one balance ambition with realistic self‑assessment?
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