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4 Famous Guglielmo Marconi Business Quotes & Invention of the Radio

1)  "Long experience has taught me not always to believe in the limitations indicated by purely theoretical considerations. These, as we well know, are based on insufficient knowledge of all the relevant factors."

2)  "The crux of the matter, is that people don't understand the true nature of money. It is meant to circulate, not be wrapped in a stocking."

3)  "In the new era, thought itself will be transmitted by radio."

4)  "Every day sees humanity more victorious in the struggle with space and time."

Communication and media have always been evolving over the years, decades, and centuries. One of the most influential inventions in this realm has been the radio. The radio was a revolutionary invention in its era that entertained, educated, angered, and pleased its avid listeners. I was not invented by one man however, it was the product of 43 scientists with only two of them receiving official credit. After researching the process of this important technological discovery I came away with several lessons.

One of these lessons is that you shouldn’t doubt yourself. You have to have confidence in yourself and persevere even when people tell you it can’t be done. Doctor deforest knew what he was talking about when he said “I never doubt for one minute my genius” when he originally faced adversity for his ideas. If you fail then you learn what you can from the experience and try again. DeForest fought against much opposition in court, in his personal life, and against Marconi but he kept trying and eventually got the riches and recognition he deserved. Sometimes it seems it takes sacrifices to achieve greatness but that is just the name of the game.

Another lesson I learned was that sometimes, even if you invent something or contribute to the invention of something, you won't always get the credit or recognition you deserve. Dozens of men who contributed to this gargantuan invention go anonymous and with no patents or cash in their pockets. Howard Armstrong’s daughter used to tell her classmates, “My dad invented radio” and nobody knew who he was. He had in fact against incredible opposition invented the high frequency FM radio.  

When it came to the radio, it seemed that whoever got credit for it first had the advantage. Who I am referring to is obviously the Italian inventor Guglielmo Marconi who got the jump on every other radio entrepreneur and started his company. He was also much more shrewd about his business dealings than his American counterparts. He fully understood the intricate relationship between business and technology and how to use the press to sell his invention. DeForest knew how to use the press but his main goal seemed to be to sell stocks and not so much his product. Marconi safeguarded himself from lawsuits better than the others as well by receiving patents and even purchasing Thomas Edison’s unused patent for wireless telegraphy.

The final lesson I pulled away from this period of history was that it is possible to go from rags to riches if you work hard enough and have a brilliant idea. David Sarnoff was born in the then Russian province of Minsk and came to America when he was just a boy. He did not become a key player in the radio industry or the president of RCA overnight, it took years of working his way up from the bottom of the industry and taking risks. The other inventors of the radio were by no means rich men in the beginning yet a lucky few made it big from all their hard work. These are examples of the “American Dream” that today seems so distant for most but I believe is still alive. The stories of these entrepreneurs illustrate the hard work, sacrifice, risk, and rewards of inventing a product that would usher in a new era for man.

Want More Quotes & Information From Business Industry Titans Of Yesteryear? Read my posts:

"8 Great Andrew Carnegie Business Quotes"

"5 Famous Richard Sears Business Quotes"

As Always, Best Of Luck In Business To You All!

Mike Schiemer Elon Musk Business Quotes Michael J Schiemer

Michael J. Schiemer of Schiemer Consulting
Enthusiastic Entrepreneur & Owner of Frugal Business 
Digital Marketing, Social Media, & Entrepreneurship on a Budget
Mike Schiemer Builds Better Business

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