BSP 182: Businesses Don’t Fail They Commit Suicide by Larry Mandelberg

On this episode of Best Seller TV, author Larry Mandelberg sits down with host Taryn Winter Brill to discuss his book, Businesses Don’t Fail They Commit Suicide: How to Survive Success and Thrive in Good Times and Bad. Larry begins by discussing the thought behind the title of his book: businesses don't fail—they commit suicide. Drawing from his extensive experience as a business consultant, he shares the self-destructive patterns and blind spots that can undermine even the most successful organizations. Larry unveils the keys to business resilience and success, shedding light on the pitfalls that can lead to failure within a particular demographic.

 

Larry dives into the fundamental imperatives behind business failures, emphasizing his three P's: lack of clarity of purpose, lack of consistency of purpose, and lack of engagement of people. With clarity and conviction, he underscores the critical importance of these factors in steering organizations toward sustainable growth and prosperity. Larry stresses the necessity of clarity in delivering value, understanding the target audience, and refining the delivery mechanism. He empowers viewers to navigate the complexities of entrepreneurship with strategic clarity and purposeful execution. Beyond business success, Larry believes in the obligation of every business owner to support education and create a workplace where every individual feels valued and respected. He emphasizes the importance of fostering a culture of happiness and fulfillment, where employees love their jobs, are treated with dignity and the boss is happy too.

 

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