Are You Ready to Join the 4% Club?
by Lee Huffman
Second Year Chemistry
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."
It's Time To Get Going...
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.
But, There Is More
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.