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Paul Carroll on Billion Dollar Lessons, the Pitfalls of Consolidation and the Error of Staying the Misguided Course.

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Manage episode 281675153 series 2850782
Innhold levert av Dustin Burleson Seminars and Dustin Burleson DDS MBA. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Dustin Burleson Seminars and Dustin Burleson DDS MBA eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

In this episode, we look at Paul Carroll's research for Billion Dollar Lessons, key takeaways from the 750 most profound business failures of all times and how Paul learned as an award-winning journalist at The Wall Street Journal that not every tree grows to the sky.

You'll discover why there are no new business mistakes, just new people to make them. Paul shares the seven strategies that are most commonly associated with failure, including staying the misguided course.

Paul says, "once an idea gets put on the table, people want to confirm it." You'll see why it is so important to play devil's advocate, if you aim to overcome dangerous assumptions about things like the economy, your target audience, market timing and technological disruption.

Paul and I discuss why most people don't understand the role of luck in business. When we succeed, we assume it's because we're super-smart people and when we fail, we point to all the specific things that caused the unfavorable result. Paul talks about the difference between Michal Dell, Bill Gates and how timing and pivoting are critical, especially if you arrive late to the game in a specific market trend.

"While you never know exactly what the payback is going to be from your decisions, I think if you can somehow stay as flexible and be as intellectually honest as Bill Gates was, then you're going to be in a position where you can pivot from whatever you're doing now to whatever's going to be even more successful in the future."

This episode is brought to you by Jimmy Marketing. Automatically attract more ideal patients through trust-based marketing. Learn how Jimmy Marketing can help your practice build lasting relationships through trust and proven results at JimmyMarketing.com

Resources Mentioned on The Burleson Box:

Go Premium: Members get early access, ad-free episodes, hand-edited transcripts, exclusive study guides, special edition books each quarter, powerpoint and keynote presentations and two tickets to Dustin Burleson's Annual Leadership Retreat.

http://www.theburlesonbox.com/sign-up

Stay Up to Date: Sign up for The Burleson Report, our weekly newsletter that is delivered each Sunday with timeless insight for life and private practice. Sign up here:

http://www.theburlesonreport.com

Follow Dustin Burleson, DDS, MBA at:

http://www.theburlesonfiles.com

  continue reading

39 episoder

Artwork
iconDel
 
Manage episode 281675153 series 2850782
Innhold levert av Dustin Burleson Seminars and Dustin Burleson DDS MBA. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Dustin Burleson Seminars and Dustin Burleson DDS MBA eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

In this episode, we look at Paul Carroll's research for Billion Dollar Lessons, key takeaways from the 750 most profound business failures of all times and how Paul learned as an award-winning journalist at The Wall Street Journal that not every tree grows to the sky.

You'll discover why there are no new business mistakes, just new people to make them. Paul shares the seven strategies that are most commonly associated with failure, including staying the misguided course.

Paul says, "once an idea gets put on the table, people want to confirm it." You'll see why it is so important to play devil's advocate, if you aim to overcome dangerous assumptions about things like the economy, your target audience, market timing and technological disruption.

Paul and I discuss why most people don't understand the role of luck in business. When we succeed, we assume it's because we're super-smart people and when we fail, we point to all the specific things that caused the unfavorable result. Paul talks about the difference between Michal Dell, Bill Gates and how timing and pivoting are critical, especially if you arrive late to the game in a specific market trend.

"While you never know exactly what the payback is going to be from your decisions, I think if you can somehow stay as flexible and be as intellectually honest as Bill Gates was, then you're going to be in a position where you can pivot from whatever you're doing now to whatever's going to be even more successful in the future."

This episode is brought to you by Jimmy Marketing. Automatically attract more ideal patients through trust-based marketing. Learn how Jimmy Marketing can help your practice build lasting relationships through trust and proven results at JimmyMarketing.com

Resources Mentioned on The Burleson Box:

Go Premium: Members get early access, ad-free episodes, hand-edited transcripts, exclusive study guides, special edition books each quarter, powerpoint and keynote presentations and two tickets to Dustin Burleson's Annual Leadership Retreat.

http://www.theburlesonbox.com/sign-up

Stay Up to Date: Sign up for The Burleson Report, our weekly newsletter that is delivered each Sunday with timeless insight for life and private practice. Sign up here:

http://www.theburlesonreport.com

Follow Dustin Burleson, DDS, MBA at:

http://www.theburlesonfiles.com

  continue reading

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