James LaughlinHigh-performance leadership and executive coach. Covering all aspects of life and career.

One FATAL MISTAKE most businesses are making!

14 Aug 2023 · 1 min

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0:35

A short YouTube monologue arguing that many businesses make a critical mistake by failing to 'practice' and prepare. The speaker contrasts how performers and sports teams spend roughly 70–80% of their time rehearsing and only ~20% performing, and warns businesses that constant doing without preparation is like playing the All Blacks without training—leading to costly consequences.

Questions this video answers

About 70–80% of their time.

Around 20%.

Chapters

However, one thing I always like to mention is that in many areas, let's take sports, arts, music, etc. Most teams or even individual performers spend 70, 80% of their time rehearsing, practicing, getting better at what they do, and only a little bit of the time, 20% actually playing. In the business world, we are always busy doing, doing, doing, and we never stop to practice, to prepare ourselves. And that's a huge mistake that every company is going to pay a high price because of not investing. So it's a playing against the All Blacks without having trained and practiced before.