By Sean Golriz Starting a business is an exciting journey, but it’s also fraught with challenges. According to the U.S. Census Bureau and the U.S. Department of Labor, a staggering 90% of businesses fail within the first 10 years. This statistic is alarming, but understanding the reasons behind this high failure rate and learning how to navigate these challenges can significantly increase your chances of long-term success. Key Reasons for Business Failure Lack of Market Need Misreading the Market: Entrepreneurs often assume there’s a demand for their product or service without sufficient evidence. This misjudgment leads to offering something that

By Sean Golriz, Business & Executive Coach The entrepreneurial journey is akin to sailing through unpredictable seas. While some phases are calm and serene, others, like the ‘Chaos Stage’, are tumultuous and challenging. This stage, often encountered during the early growth of a business, is marked by rapid spending, aggressive investment, and swift team-building. It’s a whirlwind of activity, decisions, and challenges. But with the right strategies, you can steer your ship safely through this storm and emerge stronger on the other side.  1. Recognizing the Chaos Stage The Chaos Stage is not just a phase; it’s a crucible that

By Sean Golriz, Business & Executive Coach In the modern business arena, competition is not just a challenge; it’s an ever-present reality. Every business, regardless of its size or industry, faces competitors vying for the same market share, customers, and opportunities. But competition, while daunting, can also be a catalyst for innovation, growth, and excellence. As the founder of All Success Academy and a seasoned business and executive coach, I’ve had the privilege of guiding businesses through the labyrinth of competition, helping them not just survive but thrive. Here are ten strategies to help your business rise above the competition

By Sean Golriz, Business & Executive Coach In today’s fast-paced business environment, efficiency is the name of the game. As a business coach, I’ve witnessed firsthand the transformative power of lean strategies in driving profitability and fostering effective leadership. But what exactly is a lean strategy, and why is it so crucial for businesses and executives? Let’s dive in. What is a Lean Strategy? At its core, a lean strategy is about maximizing value while minimizing waste. Originating from the Japanese manufacturing sector, particularly Toyota, the lean methodology focuses on streamlining processes, reducing inefficiencies, and delivering the highest value to