Quote

Innovation almost always is not successful the first time out. You try something, and it doesn't work, and it takes confidence to say we haven't failed yet... Ultimately, you become commercially successful.

It is not enough to succeed. Others must fail.

If you're not failing every now and again, it's a sign you're not doing anything very innovative.

Failure is inevitable; it happens all the time in a complex economy.

Failure is your invention.

There is much to be said for failure. It is much more interesting than success.

Entrepreneurs always begin the journey believing that they have the next big idea. They dream of the fame and fortune that awaits them if only they had the funding to pursue it. But the reality is that as the product is built and shared with customers, flaws in their concept are discovered that - if not overcome - will kill the business.

In most parts of the world, starting a company that goes bust is dubbed a 'failure.' In Silicon Valley, we call this 'gaining experience.' We are willing to take the risks that are inherent for innovation.

Failure is simply the opportunity to begin again, this time more intelligently.

Success is often achieved by those who don't know that failure is inevitable.