The Worst Thing That Can Happen in Business

Summary

• Quick wins in business can set unrealistic expectations because they make people think success comes fast.
• If your first business grows really fast, it might just be luck and not the normal way businesses grow.
• When the business stops growing super quickly, you might think something is wrong, but it's just getting back to normal.
• It's actually bad luck to grow too fast in the beginning because it can make you think you don't have to wait for good things.

Video

How To Take Action

I would suggest being patient with your business growth. Remember, quick wins can be misleading and make you think all success comes fast. But that's not usually how it works. If you're starting a business and it grows super fast, that might just be luck. Real success often takes more time.

A good way of doing things is setting realistic goals. If your business isn't doubling its size every month, that's okay! It's normal. Instead of expecting huge growth right away, focus on steady progress. Set small, achievable goals for each week or month that lead to bigger goals over time.

To stay patient and not get tricked by early luck, track your progress regularly. Make a simple chart of your growth to see how you're doing over time, not just in the beginning. This helps you see what's normal for your business and what's not.

Also, if things slow down, don't think something is wrong right away. Ask yourself if you're still moving forward, even if it's not as fast as at first. If you are, celebrate those small wins too! They show you’re still on the right track.

In summary:

• Be patient with your business growth.
• Set realistic and small goals that lead to bigger ones.
• Track your progress over time, not just at the start.
• Understand that slow and steady progress is normal and okay.

Doing these things can help you build a business that grows the right way, without relying on luck or quick wins that don't last.

Quotes by Leila Hormozi

"the worst thing that can happen in business is that we get quick wins in the beginning"

– Leila Hormozi

"they're reinforced that things happen quickly"

– Leila Hormozi

"when they start growing the business it's not doubling every month or doubling every quarter they think there's something wrong"

– Leila Hormozi

"the reality is that luck that they got in the beginning was actually probably the worst thing that could have happened for them"

– Leila Hormozi

"it taught them that you don't have to be patient to get what you want"

– Leila Hormozi

Full Transcript

the worst thing that can happen in business is that we get quick wins in the beginning because I think a lot of people they start their first business and maybe it just takes off immediately and then because of that they're reinforced that things happen quickly and so then when they start growing the business it's not doubling every month or doubling every quarter they think there's something wrong but the reality is that luck that they got in the beginning was actually probably the worst thing that could have happened for them because it taught them that you don't have to be patient to get what you want and I think that that is