5 • 683 Ratings
🗓️ 16 December 2024
⏱️ 11 minutes
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0:00.0 | What up, what up? Today's podcast episode is going to be a bit different than our traditional show. |
0:04.6 | Because normally we're talking about vision, about goal setting, about optimism, about planning |
0:09.7 | for all of the goodness and greatness and revenue and profit and growth and equity. |
0:15.9 | But today's not that episode. Today we're covering a strategy that I like to call the oh shit list. The oh shit list is a list of |
0:24.4 | the top five ways that your business will die. Ladies and gentlemen, die. This is a list that you |
0:31.6 | and your team need to create before going into 2025. And yes, this episode leans slightly more |
0:36.9 | towards current investors, |
0:38.5 | current business owners, but if you do not have any businesses, if you don't have any properties |
0:41.7 | yet, please keep listening because this is something that you can still utilize within your |
0:45.6 | personal life that will definitely set you on the right trajectory. The reasoning behind the |
0:50.2 | oh shit list is both myself and others listening to this show are what we call visionaries we're |
0:55.7 | thinking about all the growth of the companies like how do i get to a million five million 10 million |
1:00.8 | 100 million all this stuff but the difference between a seasoned entrepreneur and a beginning entrepreneur |
1:06.6 | is how they respond to adversity how they respond to to the, oh, shit, moments, right? |
1:12.6 | Because it's not if, it's when they're going to happen and to what degree. |
1:16.7 | So there's two ways to go about this. |
1:18.9 | You can either, one, be completely reactive when these moments happen. |
1:23.2 | And I have had a few that I will share throughout this podcast episode. |
1:26.8 | And the second way that we can tackle this oh shit list is through a proactive approach, |
1:32.7 | whereas it's not as fun in the beginning to think about all the ways that our business dies. |
1:38.6 | But what it will do is it will give you a sense of more peace and calm, knowing that you do have a plan in case shit hits the fan. |
1:49.2 | So ladies and gentlemen, welcome to the Action Academy podcast. |
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