If I Knew Then Advice on careers, finance, and life from Harvard Business School's Class of 1963

Anonymous on Business

The hubris that comes from success leads one to believe one’s next venture will also succeed, given the same hard work and leadership skills. This is not the case. The circumstances are different, the business is different. Never assume one success automatically leads to another.

When starting a new business, be sure you understand the quality characteristics required by the market. Otherwise, you’ll efficiently produce millions of a product that somehow fails the customer taste test.

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