Why Most Startups Fail—And How to Build One That Lasts

Episode Title: Episode Audio Link: https://podcast.ablackexec.com/episode/why-most-startups-fail-and-how-to-build-one-that-lasts Episode Video Link: In this episode of A Black Executive Perspective, hosts Tony Tidbit and Chris P. Reed sit down with Chris Jackson, entrepreneur, tech strategist, and former Deloitte Consulting partner, for a dynamic conversation on building sustainable businesses. Drawing from decades of experience, Jackson shares key strategies to help underrepresented founders scale with purpose and structure. From the power of asking for help to the importance of identity and leadership, Jackson unpacks how tools like the Entrepreneurial Operating System (EOS) can align teams, clarify vision, and drive real growth. The discussion also explores the ethical challenges of leadership, the evolving role of AI in the workforce, and why financial literacy is non-negotiable for long-term success. Whether you're just starting out or leading an established venture, this episode is packed with practical advice and frameworks to help you build a business that lasts.▶︎ In This Episode 00:00: Introduction: The Importance of Asking for Help00:56: Welcome to A Black Executive Perspective01:45: Meet Chris Jackson: Entrepreneur and Strategist03:18: Chris Jackson's Background and Family04:31: The Challenges and Misconceptions in Entrepreneurship12:22: The Impact of AI and Technology on Business18:49: The Fundamentals of Running a Successful Business31:01: The Importance of Data and Discipline31:13: Solving Issues at the Root Cause31:53: The Role of Simple Processes32:53: Achieving Organizational Traction34:07: The Power of Focus in Business36:21: Embracing Humility and Ethics43:11: The Significance of Core Values48:00: The Role of Process in Scaling52:11: The 90-Day Sprint Model53:29: Final Advice for Entrepreneurs59:21 Closing Remarks and Call to Action🔗 Resources Links and resources mentioned in this episode:🔔 Listen and Subscribe Listen to this episode and subscribe for future updates subscribe to A Black Executive Perspective podcast onYouTube PodcastsApple PodcastsSpotify PodcastsAmazon MusicOther platforms or by searching "TonyTidbit" if you like what we're doing and would like to support us, here's some ways you can help us continue the uncomfortable conversations that drive changesubscribe to our newslettergive us up to a 5 star review on Apple Podcastsshare an episode with a friend, family member or colleague🗣️ Follow @ablackexecfollow us across social media @aBlackExecLinkedInInstagramFacebookYouTubeTwitterTikTokWhatsApp ⭐️ Follow @TonyTidbitfollow Tony across social media @TonyTidbitTwitterLinkedInFacebook This episode was produced by TonyTidbit ™ . Copyright © 2024 A BLACK EXECUTIVE PERSPECTIVE LLC. All rights reserved. No part of this podcast may be reproduced without prior written permission. For permissions, email [email protected] .