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5 Reasons Why Successful Entrepreneurs Go Out of Business with Brian Agnew
Manage episode 312373213 series 3233779
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In this episode, I got to talk to Brian Agnew who is the founder and President of Supero Healthcare Solutions, a company that provides business services to thousands of doctors and other healthcare providers all over the US. He is set to start a new company this year, that will be providing mentoring, coaching, business systems and education to small business founders everywhere.
We have seen a lot of successful businesses who close down and the question we ask, “If the business is successful, why does it fail?” Brian trims it down to five reasons and you will not have known it until you listen to this podcast.
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In this episode:
- How Brian come up with the shortlist of reasons why successful businesses fail?
- Why focusing too much on competition is a deterrent to the success of a business and what you can do otherwise?
- What is Business Complacency?
- Why being too comfortable with the success you have achieved brings about false confidence?
- Things you can do to bring you out of the place of complacency.
- What is a “shiny object syndrome” from a business perspective?
- What are the ways that you can do to stay focused and not get distracted?
- How does boredom kill a business?
- What is the difference between boredom and burnout?
- How burnout becomes a dangerous place to be and be a cause of your business to fold?
- What course correction can you do when you feel that you are not able to work through the hard stuff anymore?
- What are some symptoms of burnout?
- Goal setting is very big in businesses, there’s even a term called BHAGs (Big Hairy Audacious Goals), but why does it become one of the reasons why businesses fail?
Resources:
- https://www.amazon.com/How-Mighty-Fall-Companies-Never-ebook/dp/B0058DRTYY
- Otter.ai - a transcription app
Connect with Brian Agnew:
Connect with Luis:
- Website- http://www.luisryan.com
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