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Businesses Don't Fail They Commit Suicide: How to Survive Success and Thrive in Good Times and Bad - Larry Mandelberg
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Why Do Businesses Fail? Most businesses fail, not due to external forces, but because their success brings unfamiliar problems that leaders and managers do not know how to solve. In Businesses Don't Fail, serial entrepreneur Larry Mandelberg shows business leaders how to survive their success and create sustainable, profitable growth by understanding: - The only 3 reasons why businesses fail - 8 leading, non-financial indicators of organizational capacity to be sustainable - The danger of confusing symptoms with root problems - The primary causes of failure for a business in each stage of maturity - How to avoid unnecessary, unintentional, and premature failure Based on 40+ years of experience, interviews with 250+ business leaders, and real-life anecdotes, Businesses Don't Fail is the first user guide for navigating the turbulence of growing a successful business. This book is a must-read for anyone interested in helping their organization thrive, survive, and achieve their long-term vision (a.k.a. the big, hairy, audacious goal!) Endorsements Mandelberg's insights are time-tested and engaging...concisely packaged expertise for immediate application in any business. -Jeffery Dern, president and CEO, PRIDE Industries If you are starting a business or currently managing a business, put this book on your required reading list. From start-up to maturity, it covers all the needs for building a successful business including sales, finance, marketing and human resources. -Galen Klokkevold, President, Interstate Plastics (retired) I have had the luxury of Larry's guidance in the growth of my business for the last 30 years and benefited greatly. I only wish I had access to the accumulated wisdom in this book on day one. -Douglas Worth, Partner, Chairman, WORTHGROUP Architects Understanding the Causes of Business Failure Most businesses fail, not due to external forces, but because their success brings unfamiliar problems that leaders and managers do not know how to solve. Many businesses fail because they don't know how to handle the problems that come with success. In this book, Larry Mandelberg explains how to avoid this and build a strong, successful business that lasts. The book covers the following topics: The three main reasons why businesses fail Eight signs that show if a businesses sustainable How to identify the real causes of problems, not just the symptoms The reasons why businesses fail at each stage of growth How to prevent failure before