Are you the single point of failure in your business?⁠

Creating a scalable business means ensuring no element depends entirely on one person. Key-person risk is a critical factor, impacting the commercial viability and continuity of a business. Just like the catastrophic consequences seen in the Boeing 737-Max incidents.⁠
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In Lion Air Flight 610 and Ethiopian Airlines Flight 302, the MCAS system, controlled by a single sensor prone to damage, led to tragic crashes. These incidents highlight the danger of relying on a single point of failure.⁠
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Similarly, in business, depending solely on the entrepreneur or key employees for critical knowledge can lead to disaster. Flawed business models with processes only in the entrepreneur's head create vulnerability.⁠
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To break through this entrepreneurial ceiling, businesses must mitigate single points of failure. It requires concentrated effort, perseverance, systems thinking, and leveraging technology to create robust business systems.⁠
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Remember, nothing is wrong until it is. Act now to safeguard your business from key-person risks and ensure scalability.

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