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Wealth & Money Quote by Victor Kiam

"Entrepreneurs are risk takers, willing to roll the dice with their money or reputation on the line in support of an idea or enterprise. They willingly assume responsibility for the success or failure of a venture and are answerable for all its facets"

About this Quote

Kiam frames entrepreneurship as a high-stakes morality play: you bet, you own it, you live with the outcome. The language is pointedly visceral - "roll the dice" pulls the boardroom down to the level of the casino, where confidence and bravado matter but luck is always lurking. Yet he quickly tightens the metaphor into something more respectable: not reckless gambling, but chosen accountability. Risk is the entry fee; responsibility is the real job.

The subtext is a defense of capitalist legitimacy in an era when corporate failure was increasingly public and personal. Kiam, a businessman best known for selling Remington shavers with the pitch "I liked the shaver so much I bought the company", embodied a distinctly late-20th-century ideal: the charismatic owner-operator whose credibility is inseparable from his product. When he says reputation is on the line, he's arguing that entrepreneurs don't just extract value - they stake their identity. That move recasts profit-seeking as a kind of character test.

There's also an implicit contrast with salaried managers and bureaucratic institutions. "Answerable for all its facets" is less a description than a boundary line: the entrepreneur as the person who can't hide behind committees, process, or plausible deniability. It's aspirational, maybe even a little self-mythologizing, but rhetorically effective because it flatters the reader into seeing business as consequential, not merely commercial. In Kiam's telling, entrepreneurship isn't freedom from responsibility; it's responsibility without an escape hatch.

Quote Details

TopicEntrepreneur
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Citation Formats

APA Style (7th ed.)
Kiam, Victor. (2026, January 15). Entrepreneurs are risk takers, willing to roll the dice with their money or reputation on the line in support of an idea or enterprise. They willingly assume responsibility for the success or failure of a venture and are answerable for all its facets. FixQuotes. https://fixquotes.com/quotes/entrepreneurs-are-risk-takers-willing-to-roll-the-160906/

Chicago Style
Kiam, Victor. "Entrepreneurs are risk takers, willing to roll the dice with their money or reputation on the line in support of an idea or enterprise. They willingly assume responsibility for the success or failure of a venture and are answerable for all its facets." FixQuotes. January 15, 2026. https://fixquotes.com/quotes/entrepreneurs-are-risk-takers-willing-to-roll-the-160906/.

MLA Style (9th ed.)
"Entrepreneurs are risk takers, willing to roll the dice with their money or reputation on the line in support of an idea or enterprise. They willingly assume responsibility for the success or failure of a venture and are answerable for all its facets." FixQuotes, 15 Jan. 2026, https://fixquotes.com/quotes/entrepreneurs-are-risk-takers-willing-to-roll-the-160906/. Accessed 12 Feb. 2026.

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Entrepreneurs Are Risk Takers Willing to Roll the Dice - Victor Kiam
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About the Author

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Victor Kiam (December 7, 1926 - May 27, 2001) was a Businessman from USA.

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