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MBA2270 Lessons Learned From Silicon Valley Bank’s Failure

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Manage episode 358514754 series 1565308
Content provided by Omar Zenhom. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Omar Zenhom or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Yikes. The collapse of SVB is one of the biggest stories in business, as depositors, investors, and investees react to what can only be described as a full-blown disaster. But what can you learn from it?

You don’t have to be in Silicon Valley to take a lesson from all this.

We won’t be analyzing the specific causes of SVB’s faceplant. But we will explore how SVB broke some of the most basic rules of business, with predictable results. The same thing can happen to any business that doesn’t actively safeguard their assets — and their market’s trust.

Silver lining: SVB gave us a dramatic lesson in what not to do.

Learn how to put guardrails in place so that your business (even if it’s much, much smaller than SVB) can avoid stepping on a rake. Take care of the key pillars of your business, but most of all, take care of your reputation as a business that delivers what it promises.

Mistakes happen. Failures happen. But they’re only really disasters when we fail to learn from them. Click Play!

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Ready to get the most out of your remote team? Join the incredible businesses (including ours) that are using Time Doctor to figure out how much time tasks and projects take, and using those insights to optimize workflows and get more done — without sacrificing quality. Learn more and get started at timedoctor.com.

The post MBA2270 Lessons Learned From Silicon Valley Bank’s Failure appeared first on The $100 MBA.

  continue reading

2493 episodes

Artwork
iconShare
 
Manage episode 358514754 series 1565308
Content provided by Omar Zenhom. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Omar Zenhom or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Yikes. The collapse of SVB is one of the biggest stories in business, as depositors, investors, and investees react to what can only be described as a full-blown disaster. But what can you learn from it?

You don’t have to be in Silicon Valley to take a lesson from all this.

We won’t be analyzing the specific causes of SVB’s faceplant. But we will explore how SVB broke some of the most basic rules of business, with predictable results. The same thing can happen to any business that doesn’t actively safeguard their assets — and their market’s trust.

Silver lining: SVB gave us a dramatic lesson in what not to do.

Learn how to put guardrails in place so that your business (even if it’s much, much smaller than SVB) can avoid stepping on a rake. Take care of the key pillars of your business, but most of all, take care of your reputation as a business that delivers what it promises.

Mistakes happen. Failures happen. But they’re only really disasters when we fail to learn from them. Click Play!

SUBSCRIBE ON APPLE PODCASTS

Stitcher | Spotify | Podcast Feed | How To Subscribe

Give us a Rating & Review

Today’s Sponsors

Time Doctor

Ready to get the most out of your remote team? Join the incredible businesses (including ours) that are using Time Doctor to figure out how much time tasks and projects take, and using those insights to optimize workflows and get more done — without sacrificing quality. Learn more and get started at timedoctor.com.

The post MBA2270 Lessons Learned From Silicon Valley Bank’s Failure appeared first on The $100 MBA.

  continue reading

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