Business Quote by Vijay Kedia
““When we are right, we earn. When we are wrong, we learn.””
About This Quote
Source Speech: Business conference, 2019
Being right yields profit; being wrong yields learning.
In simple terms: Right = profit; wrong = lesson.
Key Takeaway
Embrace mistakes as teachers.
Themes
learning
error
profit
growth
business
Mood
motivational
pragmatic
Type
inspirational
practical
When to use this quote
- Entrepreneurial ventures
- project management
- investment decisions
Key Concepts
Growth mindset
risk management
Questions to Reflect On
- How can you value learning over profit?
- What systems capture lessons from failures?
A Different Perspective
Profit is not the only measure of success.
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“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)