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Eddie Hartman

๐Ÿ‘ค Speaker
1282 total appearances

Appearances Over Time

Podcast Appearances

The Level Up Podcast w/ Paul Alex
LegalZoom Co-Founder Eddie Hartman Explains Why 72% of Businesses Fail

Because you were focused on acquiring.

The Level Up Podcast w/ Paul Alex
LegalZoom Co-Founder Eddie Hartman Explains Why 72% of Businesses Fail

You didn't really charge them very much.

The Level Up Podcast w/ Paul Alex
LegalZoom Co-Founder Eddie Hartman Explains Why 72% of Businesses Fail

You discounted heavily.

The Level Up Podcast w/ Paul Alex
LegalZoom Co-Founder Eddie Hartman Explains Why 72% of Businesses Fail

You gave away free stuff.

The Level Up Podcast w/ Paul Alex
LegalZoom Co-Founder Eddie Hartman Explains Why 72% of Businesses Fail

Of course you did because you didn't want to hear no.

The Level Up Podcast w/ Paul Alex
LegalZoom Co-Founder Eddie Hartman Explains Why 72% of Businesses Fail

You wanted to acquire.

The Level Up Podcast w/ Paul Alex
LegalZoom Co-Founder Eddie Hartman Explains Why 72% of Businesses Fail

And that's the problem.

The Level Up Podcast w/ Paul Alex
LegalZoom Co-Founder Eddie Hartman Explains Why 72% of Businesses Fail

Or you're that person who said, I'm going to create a great product and I'm going to charge a lot for it because it's going to be super premium.

The Level Up Podcast w/ Paul Alex
LegalZoom Co-Founder Eddie Hartman Explains Why 72% of Businesses Fail

Fantastic.

The Level Up Podcast w/ Paul Alex
LegalZoom Co-Founder Eddie Hartman Explains Why 72% of Businesses Fail

But then one day somebody creates a knockoff version of what you're doing and they're acquiring, acquiring, acquiring and they eat your lunch.

The Level Up Podcast w/ Paul Alex
LegalZoom Co-Founder Eddie Hartman Explains Why 72% of Businesses Fail

The problem is people get stuck in this one engine mindset.

The Level Up Podcast w/ Paul Alex
LegalZoom Co-Founder Eddie Hartman Explains Why 72% of Businesses Fail

They do one thing super well and they lean into it.

The Level Up Podcast w/ Paul Alex
LegalZoom Co-Founder Eddie Hartman Explains Why 72% of Businesses Fail

They need more than one engine, Paul.

The Level Up Podcast w/ Paul Alex
LegalZoom Co-Founder Eddie Hartman Explains Why 72% of Businesses Fail

If you don't want to stall, you've got to get wallet share and market share.

The Level Up Podcast w/ Paul Alex
LegalZoom Co-Founder Eddie Hartman Explains Why 72% of Businesses Fail

You can't do just one.

The Level Up Podcast w/ Paul Alex
LegalZoom Co-Founder Eddie Hartman Explains Why 72% of Businesses Fail

This is where companies fail.

The Level Up Podcast w/ Paul Alex
LegalZoom Co-Founder Eddie Hartman Explains Why 72% of Businesses Fail

We have examples in the book.

The Level Up Podcast w/ Paul Alex
LegalZoom Co-Founder Eddie Hartman Explains Why 72% of Businesses Fail

We work, ship, you know, we have a lot of examples of companies because we research thousands where the thing that brought them down and cost them, you

The Level Up Podcast w/ Paul Alex
LegalZoom Co-Founder Eddie Hartman Explains Why 72% of Businesses Fail

not just all their investors' money, but I mean, the confidence and belief of the people who followed them.

The Level Up Podcast w/ Paul Alex
LegalZoom Co-Founder Eddie Hartman Explains Why 72% of Businesses Fail

Think about how much people sacrifice when they're starting something.