The Failure Framework: Why GOOGLE Celebrates Its 40% Failure Rate

Action Academy | Replace The Job You Hate With A Life You Love

Brian Luebben

Corporate, Careers, Business, Financial Freedom, Small Business, Entrepreneurship, Biggerpockets, Investing, Millionaire, Real Estate, Passive Income, Alex Hormozi, Commercial Real Estate

5 • 683 Ratings

🗓️ 10 August 2022

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

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Summary

Google loses BILLIONS of dollars per calendar year on projects that were launched yet failed to become profitable. Billions - with a B. How can they be one of the largest companies in the world with a 40% failure rate? Through one, simple, framework. If Interested in Information like this - Subscribe to our Weekly Newsletter: https://brianluebben.com/newsletter @brianluebben @actionacademypodcast https://brianluebben.com Want To Quit Your Job In The Next 6-18 Months Through Buying Com...

Transcript

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0:00.0	The reason that Google is not only aware of its 40% failure rate, but proud of it,
0:05.1	is because of a framework that its co-founder and CEO, Larry Page, used from the very beginning of the company.
0:10.6	And I'm going to share that framework with you guys today.
0:15.1	Welcome to the Action Academy podcast.
0:18.9	Stand back while I celebrate freedom.
0:21.2	The show where we help you achieve financial independence with the mindsets, methods,
0:27.2	and actionable steps from guests who've already earned their freedom.
0:31.6	The flags of freedom fly.
0:34.7	Choose to do what you want.
0:37.1	What you want. With who you want. With who you want with who you want with who you want when you want
0:40.9	with another episode today now here's your host Brian Lubin welcome back to another episode of
0:53.5	the Action Academy podcast.
0:55.6	I'm your host, as always, Brian Lubin, bringing you the mindsets, the methods,
0:59.4	and the actionable steps for you to earn freedom in your life and business today.
1:04.1	Today, we are talking about a company called Google.
1:06.7	Have you ever heard of it before?
1:08.0	You know, small companies, startup worth $154 billion. Maybe you've used
1:12.5	them as a search engine before. They fail at 40% of the projects that they launch each year, 40%. So one of
1:22.8	the largest companies of the history of the world operates at a success rate of 60%. That's almost a flip
1:29.6	of a quarter to see if they're going to have a successful project or a complete failure of a
1:34.4	project. So how does this happen? How do they remain profitable? How does this work? The reason that
1:39.7	Google is not only aware of its 40% failure rate, but proud of it is because of a framework that
	...

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