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The $100 MBA Show

MBA2494 Why Some Succeed and Some Don't

The $100 MBA Show

Omar Zenhom

Careers, Entrepreneurship, Business, Marketing

4.91.2K Ratings

🗓️ 15 July 2024

⏱️ 14 minutes

🧾️ Download transcript

Summary

Why do some entrepreneurs thrive while others struggle to get their businesses off the ground? Is there a secret formula to success that many miss? And most importantly, what can you do to ensure you're on the path to triumph instead of defeat?

Transcript

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0:00.0

Heyo, welcome to the 100 dollar NBA show, powerful business lessons you can count on.

0:14.6

I'm your host, your coach, your teacher, Omar Zen home. And in today's episode, you will learn

0:19.7

why some succeed and some don't.

0:23.1

This is a topic I've been studying for some time and wanted to create an episode on this

0:28.4

topic. I spent the last few weeks gathering my thoughts and my research and putting it on a

0:34.2

silver platter for you today. Now, when I'm talking about success, why some succeed and some don't,

0:38.7

I'm not talking about a particular business or a particular venture or launch.

0:44.2

I'm talking about success as an entrepreneur.

0:48.0

Eventually, you will succeed if you don't fall into some of these traps I'll be talking about today.

0:53.6

One of the things I love about business and entrepreneurship is that you can get better

0:59.1

over time. You don't need to be some sort of gifted person to be successful in entrepreneurship.

1:04.6

In fact, a lot of successful entrepreneurs think that people that are too smart get in their

1:09.4

own way and don't succeed.

1:16.8

This is not like becoming a professional basketball player or even an incredible musician where maybe you need some innate talent to help you along the way.

1:20.7

This should really motivate you knowing that you can do this.

1:24.7

You could be successful as an entrepreneur as long as you don't do the things

1:27.9

that cause people to not succeed. So I'm going to get into those in today's lesson. So let's get

1:33.1

into it. Let's get down to business. After doing my research on this topic, I actually found

1:38.9

that there's only three big reasons why some people succeed and some people don't. It was really surprising to me,

1:45.9

but it was quite refreshing to know it's that simple. Just because something is simple, though,

1:50.6

doesn't mean that it's easy. So let's jump into the first reason why some entrepreneurs succeed

1:55.3

and some don't. Number one, threshold to pain and perseverance. Becoming successful as an entrepreneur, having successful businesses, ventures, financial

...

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