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Lesson #3: “The will to persevere is often the difference between failure and success.”

David Sarnoff Quote


Article Overview: In 1915, Sarnoff came up with an idea that he believed would revolutionize the world as he knew it. The idea came after some 15 years in the business, with modest success. Still, the idea was no match for his risk-averse superiors.

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Lesson #3: “The will to persevere is often the difference between failure and success.”

In 1915, Sarnoff came up with an idea that he believed would revolutionize the world as he knew it. The idea came after some 15 years in the business, with modest success. Still, the idea was no match for his risk-averse superiors.

That year, Sarnoff sat down and penned a memo about a "radio music box." At a time when radio use was predominantly restricted to shipping, Sarnoff thought that a personal radio could become "a household utility," much like the phonograph. "The idea is to bring music into the house by wireless," he wrote. Sarnoff envisioned a future where music, news, sports and lectures could all be broadcast over the airwaves.

Pleased with his idea, Sarnoff sent the memo to his superiors. But it did not take long for them to laugh his memo out of their offices, having decided it was commercial suicide. After all, the Marconi Company sold radios for naval communication. The idea that they should also be used for entertainment seemed too out of this world. Disappointed though he was, Sarnoff decided he was not going to give up that easily.

When RCA was formed in 1919, Sarnoff saw another opportunity. After all, if RCA was going to sell radios, it had to have programming, or so Sarnoff reasoned. To that end, Sarnoff arranged to have a defining fight between Jack Dempsey and Georges Carpentier broadcast on radio. The broadcast drew in great ratings, and finally, Sarnoff's superiors began to take notice.

Within just three years of that fight, the radio music box (then called the Radiola) was on the market for $75 each, and had already earned sales upwards of $85 million. Sarnoff was now seen as the man with his hand on the pulse of America, and his career took off.

"The will to persevere is often the difference between failure and success," Sarnoff once said. "The thrill, believe me, is as much in the battle as in the victory."

The "radio music box" would not be Sarnoff's last battle. Indeed, his idea to create national broadcasts by stringing together hundreds of stations was looked upon with equally critical eyes by some, but Sarnoff paid no matter.

"We cannot banish dangers, but we can banish fears," he said. "What the human mind can conceive and believe it can accomplish. Whatever course you have chosen for yourself, it will not be a chore but an adventure if you bring to it a sense of the glory of striving."

When America experienced its first ever live television broadcast in 1939, Sarnoff was one of the first to speak. "It is with a feeling of humbleness that I come to the moment of announcing the birth in this country of a new art so important in its implications that it is bound to affect all society," he said. Indeed, it was a new art so important that Sarnoff knew he could accept nothing less than its realization.

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Home > Famous-Entrepreneurs > David Sarnoff > Lesson 3 The will to persevere is often the difference between failure and success
Article Tags: commercial suicide, georges carpentier, household, jack dempsey, marconi company, match, music box, music news, naval communication, news sports, personal radio, phonograph, pulse of america, radio music, radiola, radios, rca, sarnoff, superiors, victory



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