Be Open or Lose the Game: Real Business Lessons That Have Ended Friends' Businesses | Ep 70

If you're a business owner, entrepreneur, or founder facing cash flow pressure, customer headaches, or stalled growth this episode is a wakeup call.

Dr. Lewis Haydon breaks down the critical mindset that separates businesses that scale… from those that crash and burn. With real stories from the trenches, including lessons from friends whose businesses failed, this episode exposes the hidden dangers of being closed off, and the cost of ignoring mentorship, advice, or hard feedback.

This is raw, strategic insight for entrepreneurs navigating real-world pressure, where cash flow is tight, mistakes are expensive, and adaptability is the key to survival. Lewis shares his personal experience on payment terms, bad decisions, and the power of having the right people in your corner.

If you're serious about building a business that lasts listen now.

Chapters

00:00 – The Importance of Openness in Business

05:06 – Cash Flow Challenges and Payment Terms

10:17 – Learning from Past Mistakes

15:06 – The Role of Coaches and Mentors

19:59 – Openness to Learning and Adaptation

Key Takeaways:

• A closed mindset is the #1 silent killer of business growth.

• Cash flow issues often stem from poor payment terms set them early and stick to them.

• Reflecting on your own mistakes is more powerful than copying others' wins.

• Mentors and coaches provide clarity you can’t create for yourself.

• The willingness to adapt isn’t optional, it’s survival.

• Pick the right customers or your profits will bleed.

• Diversification isn’t a buzzword; it’s a shield against risk.

• You can’t fix what you refuse to look at.

SEO Keywords:

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