Why do most business fail today?
I was listening to the webinar with first class business
and I noticed the 96% failure rates.
I wasn't aware.
I know many of them fail, but 95 or 96 is an amazing figure.
So much has changed in the technology that surrounds us
but so little has changed in the way our minds are wired
that there seems to be a gap.
Because we could spam people within four seconds.
I could, I can blast an email to 100,000 people
but I would pollute or water down the quality
of my reputation, my brand, my name, just by doing that.
Even if five people, you know, buy it and do something
it's not worth it.
But the ability to do it is something that makes people
as a society we're chasing vanity metrics
where entrepreneurs should really focus on their business.
And the funny thing is focusing on your business
does not require more time.
In some cases it even doesn't require more effort.
It just requires that you know where you're headed
and you ask yourself, is this action going to take me
to the vision I have for my business or not?
And in 99% of the cases, you know the answer
but there are all sorts of new shiny objects flying around
and maybe let's do that and maybe let's do this.
And at the end of the day, many people fail.
That's pretty sad.