Autopsy of a Failed Business

Can business success lead to business failure?

Yes. I’ve allowed it to happen.

Five years removed from my time at one business, I had time to do an autopsy. Here is what I learned.

Failed Business Autopsy - Toe Tag

A few months ago, Chris LoCurto posted about what he calls the clarify paradox. The question he asked is:

Why don’t successful people and organizations automatically become very successful?

He then presented four stages which moderately successful business often go through:

Phase 1: When we really have clarity of purpose, it leads to success.
Phase 2: When we have success, it leads to more options and opportunities.
Phase 3: When we have increased options and opportunities, it leads to diffused efforts.
Phase 4: Diffused efforts undermine the very clarity that led to our success in the first place.