
The WealthAbility Show with Tom Wheelwright, CPA
Wealthability Mandelberg 180
Jul 4, 2024
Entrepreneur and author Larry Mandelberg discusses the life cycles of organizations, the reasons why businesses fail due to leaders not solving problems arising from success, and the powerful tools to overcome challenges in business sustainability.
41:57
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Quick takeaways
- Businesses don't fail but commit suicide due to leaders' inability to handle success-related challenges.
- Understanding different organizational lifecycles and the importance of culture and values for sustainable growth.
Deep dives
The Dangers of Business Success
Business success can lead to unique challenges as discussed by Larry Mandelberg. The concept that businesses don't fail but commit suicide is explored. Larry, a fifth-generation family business member, highlights the importance of understanding different stages of business maturity. From his family's journey through various businesses, he emphasizes the need for sustainability and proper treatment of employees to build a successful business.
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