good morning believe nation if you want to run a great business then I’m going
to run a great business then I’m going
to run a great business then I’m going to share with you a clip from Warren
to share with you a clip from Warren
to share with you a clip from Warren Buffett on what he says kills most
Buffett on what he says kills most
Buffett on what he says kills most businesses and how you can avoid it
well what kills great businesses if you
well what kills great businesses if you look at I do believe in looking at
look at I do believe in looking at
look at I do believe in looking at history and I and I try to I like to
history and I and I try to I like to
history and I and I try to I like to study failure actually then my partner
study failure actually then my partner
study failure actually then my partner says all I want to know is where I’ll
says all I want to know is where I’ll
says all I want to know is where I’ll die so I’ll never go there and and we
die so I’ll never go there and and we
die so I’ll never go there and and we want to see what has caused businesses
want to see what has caused businesses
want to see what has caused businesses to go bad and the biggest thing that
to go bad and the biggest thing that
to go bad and the biggest thing that kills them is complacency I mean you you
kills them is complacency I mean you you
kills them is complacency I mean you you want a restlessness a feeling that you
want a restlessness a feeling that you
want a restlessness a feeling that you know that that somebody is always after
know that that somebody is always after
know that that somebody is always after you but you’re going to stay ahead of
you but you’re going to stay ahead of
you but you’re going to stay ahead of them you always want to be on the move
them you always want to be on the move
them you always want to be on the move and and when you’ve got a great business
and and when you’ve got a great business
and and when you’ve got a great business you know like coca-cola wishes there
you know like coca-cola wishes there
you know like coca-cola wishes there aren’t any like oh girl but but really
aren’t any like oh girl but but really
aren’t any like oh girl but but really the danger would always be the you rest
the danger would always be the you rest
the danger would always be the you rest on your laurels but I see none of that
on your laurels but I see none of that
on your laurels but I see none of that obviously a coca-cola but that’s that
obviously a coca-cola but that’s that
obviously a coca-cola but that’s that that is the key to compete the same way
that is the key to compete the same way
that is the key to compete the same way when you’ve got 1.8 billion servings
when you’ve got 1.8 billion servings
when you’ve got 1.8 billion servings being sold daily as when you were
being sold daily as when you were
being sold daily as when you were selling you know 10 a day and and that
selling you know 10 a day and and that
selling you know 10 a day and and that restlessness that belief that that
restlessness that belief that that
restlessness that belief that that tomorrow’s more exciting than today you
tomorrow’s more exciting than today you
tomorrow’s more exciting than today you know you just have to have it permeate
know you just have to have it permeate
know you just have to have it permeate the organization so this video reminds
the organization so this video reminds
the organization so this video reminds me of a friend of mine when she started
me of a friend of mine when she started
me of a friend of mine when she started her business she loved it she was all in
her business she loved it she was all in
her business she loved it she was all in she was networking she was meeting
she was networking she was meeting
she was networking she was meeting people she was landing new deals she was
people she was landing new deals she was
people she was landing new deals she was getting new business she was growing her
getting new business she was growing her
getting new business she was growing her company she built it up to a certain
company she built it up to a certain
company she built it up to a certain size and then for some reason she lost
size and then for some reason she lost
size and then for some reason she lost the passion her heart just wasn’t into
the passion her heart just wasn’t into
the passion her heart just wasn’t into it anymore and she started looking for
it anymore and she started looking for
it anymore and she started looking for other things to do and I remember
other things to do and I remember
other things to do and I remember telling her listen if you don’t love
telling her listen if you don’t love
telling her listen if you don’t love this anymore then sell it find somebody
this anymore then sell it find somebody
this anymore then sell it find somebody to sell it to because you’re going to
to sell it to because you’re going to
to sell it to because you’re going to get a decent price to where you’re at
get a decent price to where you’re at
get a decent price to where you’re at now and you don’t have to worry about
now and you don’t have to worry about
now and you don’t have to worry about the responsibilities of this business
the responsibilities of this business
the responsibilities of this business and you can go focus on doing something
and you can go focus on doing something
and you can go focus on doing something that you love and her response was yeah
that you love and her response was yeah
that you love and her response was yeah I could sell it but it’s giving me
I could sell it but it’s giving me
I could sell it but it’s giving me passive income and I just want to to
passive income and I just want to to
passive income and I just want to to have this thing that I can put on
have this thing that I can put on
have this thing that I can put on autopilot and have somebody else run for
autopilot and have somebody else run for
autopilot and have somebody else run for me and then I can worry about other
me and then I can worry about other
me and then I can worry about other things here’s what always happens with
things here’s what always happens with
things here’s what always happens with entrepreneurs who try to put their
entrepreneurs who try to put their
entrepreneurs who try to put their business
business
business auto pilot this it never stays the same
auto pilot this it never stays the same
auto pilot this it never stays the same it never goes up it always declines and
it never goes up it always declines and
it never goes up it always declines and whether that’s a fast decline or slow
whether that’s a fast decline or slow
whether that’s a fast decline or slow decline it declines because you took
decline it declines because you took
decline it declines because you took your eye off the ball no one’s gonna
your eye off the ball no one’s gonna
your eye off the ball no one’s gonna care for it as much as you do and you’re
care for it as much as you do and you’re
care for it as much as you do and you’re now off to other projects and so your
now off to other projects and so your
now off to other projects and so your business is going to decline so my
business is going to decline so my
business is going to decline so my friend now two years later comes back to
friend now two years later comes back to
friend now two years later comes back to me and says hey I’m thinking about
me and says hey I’m thinking about
me and says hey I’m thinking about selling my business I should have
selling my business I should have
selling my business I should have listened to you two years ago what do I
listened to you two years ago what do I
listened to you two years ago what do I do now
do now
do now and I’m kicking myself because I wish
and I’m kicking myself because I wish
and I’m kicking myself because I wish that I was more forceful with her before
that I was more forceful with her before
that I was more forceful with her before I wish it I really got that point home
I wish it I really got that point home
I wish it I really got that point home to her more because now she’s two years
to her more because now she’s two years
to her more because now she’s two years later her business has declined a little
later her business has declined a little
later her business has declined a little bit and she can’t get as good a price on
bit and she can’t get as good a price on
bit and she can’t get as good a price on her business as she could have before so
her business as she could have before so
her business as she could have before so stop thinking about putting your
stop thinking about putting your
stop thinking about putting your business on autopilot
business on autopilot
business on autopilot stop being complacent about what you’re
stop being complacent about what you’re
stop being complacent about what you’re doing pour your heart and your energy
doing pour your heart and your energy
doing pour your heart and your energy and your soul into your business and if
and your soul into your business and if
and your soul into your business and if you don’t love it enough anymore to put
you don’t love it enough anymore to put
you don’t love it enough anymore to put that kind of energy and dedication into
that kind of energy and dedication into
that kind of energy and dedication into it then sell it off to somebody and get
it then sell it off to somebody and get
it then sell it off to somebody and get a return on it and move on to something
a return on it and move on to something
a return on it and move on to something else that you’re passionate about
else that you’re passionate about
else that you’re passionate about believe thank you guys for watching I’d
believe thank you guys for watching I’d
believe thank you guys for watching I’d love to know your thoughts can you run a
love to know your thoughts can you run a
love to know your thoughts can you run a great company and put it on autopilot
great company and put it on autopilot
great company and put it on autopilot leave it in the comments below I’d love
leave it in the comments below I’d love
leave it in the comments below I’d love to hear from you and if you liked this
to hear from you and if you liked this
to hear from you and if you liked this video and you want to see more don’t
video and you want to see more don’t
video and you want to see more don’t forget to subscribe to the newsletter
forget to subscribe to the newsletter
forget to subscribe to the newsletter and the channel thanks for watching have
and the channel thanks for watching have
and the channel thanks for watching have an amazing day and I hope to see you
an amazing day and I hope to see you
an amazing day and I hope to see you again as you start your morning tomorrow
again as you start your morning tomorrow
again as you start your morning tomorrow off of my channel with another
off of my channel with another
off of my channel with another inspirational video
”
Be First to Comment