"The bold enterprises are the successful ones. Take counsel of hopes rather than of fears to win in this business"
About this Quote
The subtext is diagnostic: fear gives good intelligence but terrible strategy. It keeps you alive, then keeps you small. Hope, by contrast, is treated as a form of expertise - not naive optimism, but a tool for committing to action when outcomes are uncertain. That’s a useful message in any “business,” but it lands differently coming from Hayes, a figure often remembered for managerial steadiness and for presiding over the fraught end of Reconstruction. In an era when the country was aggressively re-stitching itself while industrial capitalism accelerated, “bold enterprises” reads as reassurance to investors, reformers, and institution-builders: the future belongs to the actors who bet on it.
There’s also a moral sleight of hand. If success is what validates boldness, then failed risk-taking gets recast as timid thinking rather than bad judgment or structural constraint. Hayes offers a bracing ethic for ambition - and a convenient alibi for the powerful when boldness breaks things.
Quote Details
| Topic | Business |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Hayes, Rutherford B. (2026, January 15). The bold enterprises are the successful ones. Take counsel of hopes rather than of fears to win in this business. FixQuotes. https://fixquotes.com/quotes/the-bold-enterprises-are-the-successful-ones-take-164958/
Chicago Style
Hayes, Rutherford B. "The bold enterprises are the successful ones. Take counsel of hopes rather than of fears to win in this business." FixQuotes. January 15, 2026. https://fixquotes.com/quotes/the-bold-enterprises-are-the-successful-ones-take-164958/.
MLA Style (9th ed.)
"The bold enterprises are the successful ones. Take counsel of hopes rather than of fears to win in this business." FixQuotes, 15 Jan. 2026, https://fixquotes.com/quotes/the-bold-enterprises-are-the-successful-ones-take-164958/. Accessed 21 Feb. 2026.





