Quote of the day by Michael Bloomberg: If you don’t encounter setbacks in your career, if you don’t have ….

Having a career with no setbacks, lacking self-doubts and disappointments may sound like a dream career for everyone. But if someone has that level of comfort in their career, they are not dreaming big enough, implies Michael Bloomberg in his famous quote. The intention of his words is not to make people join uncomfortable jobs, but he wants people to leave their comfort zone and experiment with their career, even if it comes at the cost of setbacks. Like his own career story that saw him establishing one of the world’s largest companies, his words inspire people to take risks, learn, unlearn and accomplish significant milestones in life.

Bloomberg’s words are also true for many investors who think that making only safe investments will guarantee growth. Sometimes, most investors need to take calculative risks in their investments to beat inflation and make wealth.

What are Michael Bloomberg’s famous words?

Michael Bloomberg says: ‘If you don’t encounter setbacks in your career, if you don’t have doubts and disappointments, let me tell you, you’re not dreaming big enough.’


A career without disappointment may feel stable, but it may also limit your abilities or may also make you lose some of them. It may devolve you to a persona that may feel uncomfortable in facing challenges. Many times we think that our comfort zone is keeping us safe from the failures of life, but we should introspect if that same comfort is restricting us from discovering what we are capable of devoiding us of our strengths. When doubts appear, they don’t always mean you are on the wrong path. Often, they mean you are on a challenging path. The world is full of self-doubters such as Thomas Alva Edison, Amerigo Vespucci and Christopher Columbus, who would have achieved what they did without having setbacks in their career. Their disappointments often led to inventions and discoveries of unchartered territories.

Who is Michael Bloomberg?

Michael Rubens Bloomberg is an American businessman and politician. He is the majority owner and co-founder of Bloomberg L.P., and was its CEO from 1981 to 2001, and again from 2014 to 2023. He is a member of the Democratic Party and he served as the 108th mayor of New York City for three terms, from 2002 to 2013. Bloomberg was also a candidate for the 2020 Democratic Party nomination for president of the United States.

Other famous quotes of Michael Blomberg

• The cold harsh reality is that we have to balance the budget. Michael Bloomberg
• You can't define what's middle class, what is wealthy, what is poor. Michael Bloomberg
• We can only create good jobs if we make smarter investments in infrastructure and do more to support small businesses, not stiff them. Michael Bloomberg
• I do think there are certain times we should infringe on your freedom. Michael Bloomberg