Faulty assumptions are what causes mistakes. It's what causes missis. And to me, business is an intellectual sport. Business and money respond really to the intellect and respond poorly to emotions. Most people never get to thinking about what could go wrong. So as a result, they wind up with over optimistic assumptions and don't think through the possible second order consequences. As a result, wind up paying a dumb taxand what i want to do is i want to avoid the dum tax. The three part test that the most successful investors in the world is the bible. This question is, can i live with the downside?
Captain Obvious here: Successful businesses don’t do stupid stuff.
Of course we all know that, but running a business is hard! And that means we all make dumb (and costly) mistakes along the way. Today’s guest, Keith Cunningham, teaches 5 key disciplines that will help you avoid those common business mistakes. Today’s episode could save you a TON of wasted money and effort. It’s like free consulting. Listen now!