Dan Schawbel interviewed “The Donald” Trump… you can read the interview on his Forbes article here.
I’m thinking about one question/answer…
Can you name some of the biggest reasons why most entrepreneurs fail?
They tend to give up too easily. I’ve seen people that are extremely brilliant and they don’t have the staying power. They don’t have that never give up quality. I’ve always said that other than bad ideas, which is a reason for failure, the ability to never ever quit or give up is something that is very, very important for success as an entrepreneur.
Pretty powerful, and I agree that quitting too early, and not having “staying power,” is detrimental.
Contrast that with with Seth Godin’s theme was in The Dip (I was involved in getting Seth Godin to SLC on his Dip tour). Seth’s theme was to know when to quit, and then move on. Quit early, learn from “failure,” etc.
So, Trump says to stick with it.
Godin says to quit.
What do you think?