Triple Crown Leadership

Triple Crown Leadership

Monthly Archives: November 2017

Is Your Business Stuck in Zombieland?

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by Bob Vanourek “Insanity is doing the same thing over and over again and expecting different results.” Attributed to Albert Einstein U.S. government statistics tell us that about half of all new businesses will be gone within five years. Of course, some businesses become successful, often within a few years. These are the models all entrepreneurs hope to emulate. My guess is these stars are likely less than 10% of all new businesses. If I’m right in my conservative guess, about 40% of all new businesses may be stuck in what I’ll call “Zombieland.” Zombieland businesses are half alive and half dead. Their owners and managers often work crazy hours, sometimes milking their life savings and retirement accounts to keep them afloat, even re-mortgaging their homes and signing personal bank-loan   …Continue Reading