"Well, I think that there's a very thin dividing line between success and failure. And I think if you start a business without financial backing, you're likely to go the wrong side of that dividing line"
- Richard Branson
About this Quote
This quote by Richard Branson speaks to the value of financial backing when starting an organization. He suggests that the difference between success and also failing is very slim, as well as without sponsorship, it is likely that a service will fail. This highlights the value of having a strong financial structure when beginning a company. Without it, it is hard to make the right decisions and take the needed actions to ensure success. It is additionally essential to have a mutual understanding of the marketplace as well as the market in order to make the right decisions. Without sponsorship, it is hard to make the ideal investments and take the essential risks to make certain success. Ultimately, sponsorship is necessary for any type of business to do well.
"Raising children is an incredibly hard and risky business in which no cumulative wisdom is gained: each generation repeats the mistakes the previous one made"