If I hadn’t made money some of the time I might have acquired market wisdom quicker.
In my experience, good executives don't make mistakes.
If you can learn from hard knocks, you can also learn from soft touches.
Steve waited until Bindi was about one month old before he took her in with the crocodiles. But she was two weeks old before she met her first snake, she was three months old when she met her first venomous snake.
Most of the stockbrokers, financial analysts, investment advisers, etc., are above average in intelligence, business honesty and sincerity. But they lack adequate experience with all types of security markets and an overall understanding of common stocks--of what I call "the nature of the beast".
Experience keeps a dear school, but fools will learn in no other.
Don't be afraid to fail. Get out there and experiment and learn and fail and get a rate based on the experiences you have. Go for it and when you go for it you'll learn what you're capable of, what the potential is, where the opportunities are, but you can't be afraid to fail because that's when you learn.
To make a small business work you need considerable knowledge, skill, management, experience, as well as a high level of commitment, plenty of hard work, access to finance, and some good luck.
I never like to say that I 'believe' anything. There are no ideas worth believing.