“Failure is not something to be proud of. But failure is something you can recover from,” Clive Butkow, a venture capitalist, director of Grovest and CEO and chief investment officer of Grotech, recently said this on his Linkedin profile, addressing the entrepreneurs in South Africa.
If you’ve been having a tough time in business and feel like you’re losing, you’re not alone. A lot of entrepreneurs have spoken out on experiencing failure.
For motivation, here’s quotes from well-known entrepreneurs:
“Winners are not afraid of losing. But losers are. Failure is part of the process of success. People who avoid failure also avoid success.” – Robert T. Kiyosaki, author of Rich Dad, Poor Dad.
“When going into business, you should view yourself as a business person – people treat you the way you treat yourself. If you come in feeling at a disadvantage, you are already at a disadvantage.” – Phuti Mahanyele, Executive Chairperson of Sigma Capital and former CEO of the Shanduka Group.
“The cost of being wrong is less than the cost of doing nothing.” – Seth Godin, founder of Squidoo.
“Only those who are asleep make no mistakes.” – Ingvar Kamprad, founder of IKEA
“Do not be embarrassed by your failures, learn from them and start again.” – Sir Richard Branson, founder of Virgin Group.
“I’m convinced that about half of what separates the successful entrepreneur from the non-successful ones is pure perseverance.” – Steve Jobs, co-founder of Apple computers and investor.
“The reality is, sometimes you lose. And you’re never too good to lose, you’re never too big to lose, you’re never too smart to lose, it happens. And it happens when it needs to happen. And you have to embrace those things.” – Beyonce Knowles-Carter, American singer-songwriter and entrepreneur.
“Nobody talks about entrepreneurship as a survival, but that’s exactly what it is and what nurtures creative thinking. Running that first shop taught me business is not financial science; it’s about trading: buying and selling.” – Anita Roddick, founder of The Body Shop.
“Nineteen people may love your work, but the twentieth one will hate it and will tell you so; you cannot allow that to affect you. That may sound trite, but there is huge risk in letting criticism get you down.” – Carrol Boyes, owner and designer at Carrol Boyes.
“The worst business decision I ever made was trying to impress everyone else. I was so busy being cool that I lost my authenticity. When that happens, you misplace what makes you unique and different.” – Siv Ngesi, actor, comedian, MC and entrepreneur.
“Keep away from people who try to belittle your ambitions. Small people always do that, but the really great make you feel that you, too, can become great.” – Mark Twain, an American writer, entrepreneur, publisher and lecturer.
“Take criticism seriously, but not personally.” – Hillary Clinton, an American politician and former First Lady of the United States
On believing in yourself
“Always have faith in yourself. Pick yourself up after each failure, because there will be many of them. Just understand what success means to you, and strive for it.” – Barry Hilton, comedian and creator of ‘My Cousin’ and ‘Nou Gaan Ons Braai’ product ranges.
“No one is great at everything. We all have our limitations and shortcomings… What unique skills and abilities do you bring to the table? In what areas are you invaluable? You need to find that area where you can offer real value.” – K.O, South African rapper and entrepreneur.
“Do the one thing you think you cannot do. Fail at it. Try again. Do better the second time. The only people who never tumble are those who never mount the high wire. This is your moment. Own it.” – Oprah Winfrey, American media executive, actress, talk show host and television producer.
“Be patient with yourself. Self-growth is tender, it’s holy ground. There’s no greater investment.” – Stephen Covey, American educator, author, businessman, and keynote speaker.