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AJ Osborne Podcast
11. How I use failure & risk to grow my business
Sep 7, 2023
The podcast discusses the importance of risk and change in business, the curse of success, the four pillars of successful economies, the unique aspects of the United States that aid or hinder entrepreneurs, the country's self-sufficiency, and the significance of building a strong foundation in personal finances and entrepreneurship.
37:27
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Quick takeaways
- Balancing change and stability is crucial for success in both entrepreneurship and investing.
- Change should be approached methodically and with careful risk analysis.
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Importance of Balancing Change and Stability
Balancing change and stability is crucial for success in both entrepreneurship and investing. Some advocate for sticking to proven systems, while others emphasize the importance of embracing change. However, the truth lies in combining both approaches. Companies with tried and true methods can be successful, but they must also incorporate elements of change to adapt and thrive. Conversely, those focused solely on change risk instability and lack of success. The key is to find a balance between what works and what can drive innovation and progress.
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