MBA1183 Guest Teacher: Paul Jarvis- Why growth might be the worst thing for your business.
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Too much growth can kill your business. That might sound a little crazy to many entrepreneurs, but catastrophic success is a real and dangerous problem. Business after business has shot into the stratosphere, taking in investment and expanding their operations, only to crash and burn — hard. If you’re not careful, your business can literally grow to death. Take it from today’s special guest, Paul Jarvis. One of our first guest teachers ever, Jarvis is a best-selling author and entrepreneur who focuses on profitability and longevity. His deep analysis of startup success rates has revealed a stunning conclusion: that growth is far too valued among independent business people. Tune in, and hear how growth for growth’s sake isn’t just pointless — it’s bad for business. Click Play!