Companies are built to be predictable and stable. That's a bad thing in today's world.
It takes enormous discipline to NOT try to scale something that's working.
But some things just don't scale -- and trying to do so can destroy the golden goose in the process.
Many entrepreneurially minded people can't help themselves from trying.
99% of leaders ruin their companies with this irreversible mistake:
They stick to their guns.
Great companies recognize when change is necessary for survival.
They recognize when market conditions change and adapt accordingly.
They're willing to sacrifice short-term profits for long-term success.
But too many companies are set in their ways.
Not because ... See more
They stick to their guns.
Great companies recognize when change is necessary for survival.
They recognize when market conditions change and adapt accordingly.
They're willing to sacrifice short-term profits for long-term success.
But too many companies are set in their ways.
Not because ... See more
