by Lee Huffman
At Purdue University, CHEM 201 was the most dreaded course on campus. It was the course that caused the most people to leave West Lafayette, Indiana and find a new direction for their lives.
Of course, some of us only found that out after we had tested out of first year chemistry and landed directly into Professor Bartlett's CHEM 201 course.
There we sat . with over 300 other students in the largest lecture hall on campus. At 7:30 AM, the good Professor walked in and said,
"Look to your right. Now, look to your left. Ladies and gentlemen, after our first exam, in just three weeks, two of the three of you will no longer be in this course. The day after the exam grades are posted, we will start meeting in the small lecture hall directly behind this stage. That lecture hall seats 100 people. Get going ... start studying right now so that you can become part of the CHEM 201 30% club."
According to leading business and industry analysts, most business owners are given a similar test when they start up their businesses.
"Look to your right. Look to your left. Look in front of you. Now, look behind you . . . . Ladies and gentlemen, look at the companies around you. In five years, only one in five will exist and have a viable business."
Eighty percent (80%) of the companies that start up this year will close their doors in less than five years.
The twenty percent (20%) that make it to their 5th anniversary get to take the exact same test all over again.
"Look to your right. Look to your left. Look in front of you. Now, look behind you . . . . Ladies and gentlemen, look at the companies around you.In five years, only one in five will exist and have a viable business."
Only 20% of the 20% that made it through their 5th year will make it through their 10th year.
Welcome to The 4% Club
The quality of your life is based upon the decisions you make. The quality of your decisions is based upon your beliefs. The quality of your beliefs is based upon the knowledge you are taught or acquire. The quality of the knowledge you acquire is based upon the teachers, mentors, and advisors you have around you.
By adding an ACTION International Business Coach to your advisory team, and following their guidance, you will substantially improve your company's chances of getting into The 4% Club.
You might even learn about another club, The 1% Club, that group of successful serial entrepreneurs, business people, and investors, who have learned to surround themselves with true advisors, mentors, and coaches who help them beat the odds that are taking so many companies to their graves.
If you are a business owner who intends to become a member of The 4% Club, and eventually, The 1% Club, call Lee Huffman, your ACTION International Business coach NOW at (770) 932-2525 and see how he can help.
...It's time to get going...
...It's time to get into ACTION!!!
ACTION International of Gwinnett provides advanced mentoring and training to select business owners in, and around, Gwinnett County, Georgia. We teach business owners how to become better managers providing them with more money, and more time, to invest in the things they love, both inside and outside of work... Working together, we turn your vision into reality™. |
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