Excerpt from a YouTube talk (Colin Sprake) arguing the top reason businesses fail over the last 50 years is sales call reluctance—linked to indecision, procrastination, and control tendencies. The speaker emphasizes action over analysis, using investing and sports metaphors to urge getting 'on the field' rather than watching from the sidelines.
What did you think the number one.
Reason why businesses failed was in the last 50 years? Sales call reluctance.
Sales call reluctance.
I'll give you the cheat word. That's the first letter. It's one word. Sorry. Income.
Absolutely.
As well.
You'll all laugh when you see what it is. That's the number one reason in the.
Last 50 years in all the research that's been done of why businesses failed.
So what goes hand in hand with indecision?
Its favorite brother. Then you have to say it. How many of you are control freaks in your business? Love to be in charge of everything.
I'm one of them.
So I can say that I can.
Get away with it.
Okay, that's cool. So how many of you are procrastinators? How many of you still thinking about it? Okay. But it's so true though. I mean, you meet people.
How many of you wish you'd invested.
In Apple stock a few years back? Now the most valuable stock on the planet? How many of you wish you invested in Microsoft stock? Still amazing stock to invested in BlackBerry. Another story. But the key thing is so many of us are so busy analyzing, researching, we forget to take action. Absolutely.
You can sit in the I'm a big rugby fan. So you can either sit on the sit on the benches and watch the.
Game, or you can get on the field and play. Until you play the game, you don't know what the game is about. You don't understand the game. You don't understand how everything works on the field until you get into the game. That's business.
Sitting from the outside, looking in, waiting.
For things to happen for you. Doesn't just happen. It really doesn't just happen.
