Seek to Misconstrue + a
Failure: The Blog 
October 2012
- 'Goldeneye' Creators Had Almost No Experience
- Flushing Away an Enormous Problem
- The Little Lie About the Biggest Mountain
- You Should Unfriend 10 People on Facebook
- Inventor of Most Popular Guitar Could Not Play Guitar
- TV Show Star And High School Dropout
September 2012
- In Praise of Mediocrity
- The Failure to Patent a Billion Dollar Formula
- This Bus Stop is a Fake
- [VIDEO] A Hollywood Camera Move Made From Junk
- Productivity Through Self Denial?
- Harvard Business Review: Get Ready to Fail
August 2012
- The Innovative Power of Lying
- [VIDEO] You're Not That Great
- The Failure of a Great Singer
- James Cameron was Homeless
- Something Worse Than Failure
- Jackie Chan and the Plan to Fail
- On Failure and Baseball
July 2012
- Failure on the Radio
- Complaint Calls Can Be Useful
- The Terribly Useful Terrible Movie
- FedEx's Big Gamble (No, Really)
- Positive Fail, Dot Com
- How Boring Attire Wins
June 2012
#1 Reason for Business Failure
If you’ve ever wondered why businesses fail, a recent study has the answer. In two words: bad management.
This data comes from an industry trade group that restructures bad businesses: the Association of Insolvency and Restructuring Advisors (AIRA). According to their statistics:
The majority of business failures (67%) are caused by internally-generated problems within the control of management – not by bad luck and external events like an economic recession.
To see this in bold terms, just check out this infographic from one blogger:
We all know businesses fail. Yet this analysis shows that the reason businesses fail is not usually bad luck or economic factors, but mismanagement. Does it seem like a major jump to recognize the importance of experiencing failure to understand how to make better decisions?
The old quote applies:
Good judgment comes from experience. Experience comes from bad judgment.
Related Posts
- Your Business Card is TerribleAn Indianapolis-based marketing company is running a monthly contest. They are highlighting some truly awful business cards for a makeover.
- Does Failure Make You Ugly?If successful people are usually happy, beautiful, and kind, does failure make you ugly?