Get All Access for $5/mo

'Failure Is Not Trying' and Other Fatherly Advice to Entrepreneurs Reflections from Sara Blakely, Pete Cashmore, and Bert Jacobs on what they remember most about their dad's influence.

By Teri Evans

Opinions expressed by Entrepreneur contributors are their own.

Father's Day can be a time to reflect on what for some may be the powerful relationship in our lives. Whether by conscious choice or recognized only in hindsight, a parent's words of wisdom can become a lifetime touchstone.

Consider these personal reflections from three fascinating entrepreneurs -- a tech wunderkind, a self-made woman billionaire, and a man who found a way to make optimism very profitable. Here, they pay homage to their dads.

Failure Is Not Trying and Other Fatherly Advice to Entrepreneurs

Pete Cashmore, founder of Mashable: "My dad is good at sticking with stuff and he has a strong work ethic, which is imbued in me. Growing up, he would constantly ask what I was doing and was I achieving anything. Now, he's the opposite. (Laughs) He's like, 'Oh, you should work less. It seems like you work the whole time.' I say, 'I do. Well, you told me!'"

More: Pete Cashmore on Persistence

Failure Is Not Trying and Other Fatherly Advice to Entrepreneurs

Sara Blakely, inventor and founder of Spanx: "My dad encouraged us to fail. Growing up, he would ask us what we failed at that week. If we didn't have something, he would be disappointed. It changed my mindset at an early age that failure is not the outcome, failure is not trying. Don't be afraid to fail."

More: Sara Blakely on Resilience

Failure Is Not Trying and Other Fatherly Advice to Entrepreneurs

Bert Jacobs, co-founder of Life is good: "If my dad contributed something big to what we do today, it was the idea that it's better to build something than to knock something. My dad didn't tolerate a lot of complaining and giving reasons why something wasn't going to work. He liked you to get your hands on something and try to help."

More: Life is good's Bert Jacobs on Optimism

How has your father influence your life or business? Share your personal reflections with other readers in the comments below.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

Is the AI Industry Consolidating? Hugging Face CEO Says More AI Entrepreneurs Are Looking to Be Acquired

Clément Delangue, the CEO of Hugging Face, a $4.5 billion startup, says he gets at least 10 acquisition requests a week and it's "increased quite a lot."

Business News

Apple Reportedly Isn't Paying OpenAI to Use ChatGPT in iPhones

The next big iPhone update brings ChatGPT directly to Apple devices.

Branding

ChatGPT is Becoming More Human-Like. Here's How The Tool is Getting Smarter at Replicating Your Voice, Brand and Personality.

AI can be instrumental in building your brand and boosting awareness, but the right approach is critical. A custom GPT delivers tailored collateral based on your ethos, personality and unique positioning factors.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Side Hustle

'The Work Just Fills My Soul': She Turned Her Creative Side Hustle Into a 6-Figure 'Dream' Business

Kayla Valerio, owner of vivid hair salon Haus of Color, transformed her passion into a lucrative venture.

Starting a Business

I Left the Corporate World to Start a Chicken Coop Business — Here Are 3 Valuable Lessons I Learned Along the Way

Board meetings were traded for barnyards as a thriving new venture hatched.