Did you know that over 70% of startups fail due to reasons like lack of focus, poor planning, or trying to do too much at once?
New ideas are exciting…until they become a trap keeping you stuck. If you’re that entrepreneur who’s always chasing the next big thing but not seeing results, this one’s for you.
Watch ‘til the end of this video because we’re digging into a hard truth: new ideas are actually keeping you poor. Yup, the “next big thing” mentality sounds exciting, but it’s killing your momentum, your mastery, and ultimately, your success.
From my own costly mistakes to lessons from Bezos and Jobs, the goal is to get each one of you to learn why focusing is your best business move.
Timestamps:
00:00 Welcome to the $100 MBA Show
00:29 The Trap of Chasing New Ideas
00:57 The Importance of Focus and Consistency
01:32 Statistics and Studies on Business Failures
02:33 The Danger of New Ideas
03:36 Examples of Successful Focus
05:15 Why Consistency Builds Mastery
07:23 Why You Need to Focus on What Works
12:03 The Cost of Lack of Focus
13:31 Conclusion and Personal Experience