"History has demonstrated that the most notable winners usually encountered heartbreaking obstacles before they triumphed. They won because they refused to become discouraged by their defeats"
About this Quote
The subtext is bracingly capitalist and editorial in the early 20th-century sense: setbacks aren’t indictments of the system or of luck; they’re tests of character. “Heartbreaking obstacles” gives hardship emotional legitimacy, but it also makes pain instrumental - the heartbreak is meaningful only as prelude. The sentence turns on causality: “They won because…” Refusal to be “discouraged” becomes the decisive variable, not resources, networks, timing, or the structural conditions that determine who gets to keep trying after a defeat.
Context matters. Forbes made his name in business journalism during an era of American industrial expansion, boom-bust volatility, and a culture of self-making narratives that soothed anxieties about competition and failure. The quote reads like a compact editorial mission statement: a motivational ethic for investors, entrepreneurs, and upward-strivers, packaged as historical realism. It works because it flatters the reader with agency while offering a clean, repeatable script for messy lives: lose, endure, persist, win.
Quote Details
| Topic | Overcoming Obstacles |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Forbes, B. C. (2026, January 17). History has demonstrated that the most notable winners usually encountered heartbreaking obstacles before they triumphed. They won because they refused to become discouraged by their defeats. FixQuotes. https://fixquotes.com/quotes/history-has-demonstrated-that-the-most-notable-43199/
Chicago Style
Forbes, B. C. "History has demonstrated that the most notable winners usually encountered heartbreaking obstacles before they triumphed. They won because they refused to become discouraged by their defeats." FixQuotes. January 17, 2026. https://fixquotes.com/quotes/history-has-demonstrated-that-the-most-notable-43199/.
MLA Style (9th ed.)
"History has demonstrated that the most notable winners usually encountered heartbreaking obstacles before they triumphed. They won because they refused to become discouraged by their defeats." FixQuotes, 17 Jan. 2026, https://fixquotes.com/quotes/history-has-demonstrated-that-the-most-notable-43199/. Accessed 12 Feb. 2026.







