Leaders don’t have to be smart to have a successful business. They just can’t be stupid. 80% of small businesses survive the first year of business. But half will fail within five years and only a third will survive past their first ten years. If you’re a business owner and your business is in trouble, it’s probably your fault. But you can learn to get ahead of problems by asking the right questions. All failures and unforced errors fall into three basic categories. These essential questions will place them in the right category, map out your weaknesses, and point you towards solutions. Owners and business leaders need to focus on potential problems before they set in and do serious damage.
Joining us for our discussion on Risk Management is Matthew Neill Davis who is calling in from his Enid, Oklahoma office. Matthew Neill Davis is an author, speaker and attorney. He owns and manages Davis Law, PLLC, a firm dedicated to helping business owners make smart business decisions. The firm finds solutions to pressing problems and issues that business owners encounter, and runs custom legal departments for businesses and nonprofits. They use the comprehensive, proprietary systems Davis developed while serving as general counsel for a range of companies. Davis Law has made the Law Firm 500 three times as one of the fastest-growing law firms in the U.S. His latest book is “The Art of Preventing Stupid: How To Build A Stronger Business Strategy Through Better Risk Management .”
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