Patrick Bet-David
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Appearances Over Time
Podcast Appearances
But the book I like more than Good to Great
is why the mighty fall.
And he makes five points on this.
Hubris born of success, okay?
Leaders believe their success is deserving, guaranteed, and they become arrogant.
And they ignore the hard work that created it.
Undisciplined pursuit of more.
Denial of risk and peril.
Grasping for salvation.
Capitulation to irrelevance or death.
People think it'll never happen to me and it's too late.
And you're sitting there saying, what happened to Kmart?
What happened to Blockbuster?
Oh, it'll never happen to us.
It'll never happen to us.
You realize Disney's been around since 1923.
It's a $180 billion company.
Netflix has been around since 1997.
They're a $400 billion behemoth.