if you go get an MBA in business you’re not going to learn the basics of how to how to make money you’re just not you’re going to learn mergers and Acquisitions and you’re going to learn you know why Silicon Valley Bank you know went down you’re going to learn you know about first and second round funding of the you know how many people actually get to that point no I mean hardly anybody it’s like one percent so we don’t actually learn how to run a business in school hey Don it’s a great honor to have you on the Craig Road Show leadership
podcast how are you I’m wonderful it’s good to be with you Mana it is super exciting to me to introduce our leadership Community to you not only are you a friend but you’re somebody that I admire and uh have learned so much from and every time you write anything I am quick I would say to read it but that’d be a lie I’m quick to order the audio version of it and uh and and listen to it and you’ve got a brand new book that’s just released the title of it is how to grow your small business that’s right yeah it just came out my problem
is though you don’t have a small business though you’ve been uh you’ve grown all your small businesses to big businesses well it depends you know we all look at the other people who have a bigger one than us so I’m I you know my business is uh it’s definitely grown but I think small business is like the quarter million to 100 million range so that’s most of us so you would know much better than I would when people start businesses I’ve always always read that certain percent of them don’t make it what does that look like today it’s a
the success to failure rate it can be challenging starting businesses do you know what what are the current studies it’s dismal So within a year everybody starts a business 25 of those businesses will fail within 12 months 45 within five years and 65 within 10 years wow yeah and there’s 33 million small businesses in America so the 33 million are the ones who’ve made it but you know millions of people try to start one every year 60 they’ve 65 percent of those are going to fail and then if you think about it you know
