Question 1

What is the biggest killer of businesses?

Accepted Answer

According to Sean Steimer, the biggest killer of businesses is not a lack of money or a bad market, but the founder's own ego. An unchecked ego can lead to poor decision-making, damaged partnerships, and a failure to adapt to challenges.

Question 2

How can you identify a bad business partner?

Accepted Answer

You can often spot a bad business partner by looking for red flags in their communication and behavior. A partner who is not transparent, communicative, or humble is likely to cause problems down the road.