Daniel Rosen uses Mike Tyson's line about getting punched in the mouth to explain why business plans fail. When the pandemic hit, companies that survived weren't the ones with the best plans. They were the ones with leaders who could act fast.
Would you take business advice from Mike Tyson? Mike Tyson once said, everyone has a plan until they get punched in the mouth. And when it comes to business, I've been punched in the mouth and kicked in the groin again and again and again. And that's how business is. You might have a perfect plan, but sometimes life happens, and then everything can change overnight. Why did the pandemic destroy some businesses, but others in the same industry survived and thrived? All had the same limited information and. And neither were prepared for what happened. So what separated them? The answer is leadership. You have to be an amazing leader who takes action. Taking action is the foundation of entrepreneurship.
