“Would you like me to give you a formula for success? It’s quite simple, really. Double your rate of failure. ” 10 Thomas J. Watson Jr. Business, Leadership And Success Quotes

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Thomas John Watson Jr. was born on January 14, 1914. He was an American businessman, political figure, Army Air Forces pilot, and philanthropist. Son of IBM Corporation founder Thomas J. Watson, he was the 2nd company president (1952–71), the 11th national president of the Boy Scouts of America (1964–68), and the 16th United States Ambassador to the Soviet Union (1979–81).

He received many honors during his lifetime, including being awarded the Presidential Medal of Freedom by Lyndon B. Johnson in 1964. Fortune called him “the greatest capitalist in history” and Time listed him as one of “100 most influential people of the 20th century”. He died on December 31, 1993.

Source- Wikipedia.
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10 Thomas J. Watson Jr. Quotes On Business, Failure And Success.

  1. Would you like me to give you a formula for success? It’s quite simply really. Double your rate of failure. You are thinking of failure as the enemy of success. But it isn’t at all. You can be discouraged by failure, or you can learn from it. So go ahead and make mistakes. Make all you can. Because remember, that’s where you’ll find success.

2. Wisdom is the power to put our time and our knowledge to the proper use.

3. To be successful, you have to have your heart in your business and your business in your heart.

4. Don’t make friends who are comfortable to be with. Make friends who will force you to lever yourself up.

5. If you stand up and be counted, from time to time you may get yourself knocked down. But remember this: A man flattened by an opponent can get up again. A man flattened by conformity stays down for good.

6. Follow the path of the unsafe, independent thinker. Expose your ideas to the dangers of controversy. Speak your mind and fear less the label of ‘crackpot’ than the stigma of conformity. And on issues that seem important to you, stand up and be counted at any cost.

7. Recently, I was asked if I was going to fire an employee who made a mistake that cost the company $600,000. No, I replied, I just spent $600,000 training him. Why would I want somebody to hire his experience?

8. Nothing so conclusively proves a man’s ability to lead others as what he does from day to day to lead himself.

9. The great accomplishments of man have resulted from the transmission of ideas and enthusiasm.


10 … as I associated with more and more different types, I realized that to make it, you had to get along with almost everybody. If you dislike the people you work with, you’d better not show it. I learned that to be a good leader, I had to strike a delicate balance.

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