Here’s a great list of what NOT to do as a CEO or business owner.
What’s the answer: It’s all about YOU!
That’s why CEOs fail.
It’s not about the customer or their problem any longer, it’s all about the CEO.
Dec 08
You often hear that 70% of the start ups fail in the first year and the next bunch fail in year two so that most fail within five years. At least, that’s what we all hear. But what is really behind these numbers.
Let’s take John C. Maxwell’s book “Failing Forward” and see where these first numbers come to. When he asked a number of millionaires how many times did it take for them to become successful the average number of failures was around five!!
So that means that while most small businesses fail, the business owners keep on trying and moving forward!!!
So, it’s not the failure that is the issue, but how you look at the failure. Do you:
Dwell on your failure and keep harking back to your failure?
Deal with the failure by learning from your mistakes and moving on?
Deny your failure and blame everyone else for your string of bad luck?
If you are in the middle of the road camp and deal with it, then you’re not a failure.
Keep on pressing on.
Dec 06
You need three things to create a successful startup: to start with good people, to make something customers actually want, and to spend as little money as possible. Most startups that fail do it because they fail at one of these. A startup that does all three will probably succeed. Paul Graham. paulgraham.com/start.html
