Topics
- Deeper reasons for failure
- Importance of understanding true reason for failure
- Asking probing questions to learn, improve, and pivot effectively
Video summary
The speaker shares a personal experience of hiring a bookkeeper who overcharged him, leading to an IRS audit and other financial problems. He reflects on deeper reasons for the failure, such as not monitoring the bookkeeper's performance and allowing a black box in his business. He emphasizes the importance of understanding the true reason for failure in order to learn, improve, and pivot effectively. The main lesson is to ask probing and sometimes painful questions, such as probing deeper to the true reason for a failure. He encourages viewers to be more objective by putting the spotlight on someone else.
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