• Beware the Business Quicksand: Lessons from a Serial Mistake-Maker [Seeding Thoughts]

  • Aug 20 2024
  • Length: 13 mins
  • Podcast

Beware the Business Quicksand: Lessons from a Serial Mistake-Maker [Seeding Thoughts]

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  • Summary

  • In this episode of Carrot Cashflow, host Diego discusses the pitfalls of chasing 'shiny objects' in business and the importance of properly vetting new opportunities before diving in. He uses examples like the Denver Broncos' acquisition of quarterback Russell Wilson and the impulsive decisions of new homesteaders to illustrate how easily attractive but ultimately detrimental ideas can seduce people. Diego emphasizes the value of starting small, testing concepts, and having an exit strategy to avoid long-term damage and wasted resources. The key takeaway is to think clearly, remain cautious, and avoid impulsive decisions that could harm your primary business.

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