PHONE

727.458.7683

Conventional Wisdom and Your Business

What is Conventional Wisdom?

The definition of conventional wisdom refers to something that is widely accepted as true, correct or proper. Unfortunately, conventional wisdom  is often wrong. This is no different when it comes to business and your success. Statistics say that most businesses don’t last more than five years. I believe the reason is most businesses follow conventional wisdom. 

When is Conventional Wisdom Correct?

There are some undeniable facts that still hold true.

  • “You can’t fix a problem until you know what caused the problem”
  • “Insanity is doing the same things the same way and expecting different results”
  • “What you know can make you successful, what you don’t know can cost you a fortune”
  • Most every successful person you have read about never used conventional wisdom to become successful: Examples: The Wright Brothers, Henry Ford , Domino’s Pizza , KFC, Mother Theresa, Bill Gates, Steve Jobs, Ghande and many others became successful and well known because they did not conform to conventional wisdom.

The Problem with Conventional Wisdom 

I was once told “If you wear a suit you will make more money”. Yea, right! Tell this to Steve Jobs and Mark Zuckerberg. The fact is business is always changing and you can’t rely on everything staying the same or relying on conventional wisdom. Not unlike life, business is constantly changing and we need to be able to adjust and change with it. In business what was accepted as conventional wisdom last year may not apply to your business today. I suggest you always research what others tell you and verify everything before accepting as true or the best approach. If you want and example of accepting conventional wisdom that hurt a lot of people just Google search “Bernard  Madoff”

Business Consultants & Conventional Wisdom

The biggest problem I find with business consultants and coaches that continually promote accepted practices, conventional wisdom, is that not every solution is right for every business. They do this because they have failed to change with the times or  it is easier than looking at the specific business and working with the client to develop something to make that client stand out or succeed.  When I work with a client I always recommend they “Become distinct in their business or they will become extinct”. If you follow conventional wisdom you will be just like everyone else and that is not good for you or your business. If not done by the time of this blog check back to see my blog on “Become Distinct or Become Extinct” to better understand why this is so important.

If you have questions or would like a FREE consultation you may contact me directly at info@SuccessBuilders-TampaBay.com 

Short video explaining why you should question conventional wisdom

24 comments on “Conventional Wisdom and Your Business

    1. Thank you, I will be adding more info about many business topics monthly. Enjo and i hope it is helpful to your success.

  1. I am really enjoying the theme/design of your web site. Do you ever run into any browser compatibility problems? A number of my blog readers have complained about my website not working correctly in Explorer but looks great in Safari. Do you have any suggestions to help fix this problem?

    1. Thank you for the complement! I have not heard any issues with browsers so far. My best advice with most everything is keep it as simple as possible.

  2. You are so awesome! I don’t believe I have read through a single thing like
    that before. So nice to find someone with a
    few genuine thoughts on this subject. Seriously..

    thanks for starting this up. This web site
    is one thing that is needed on the internet, someone with some originality!

    1. Thank you for the kind words! I hope to continue provide helpful content that helps others in their business.
      If there is a topic you would like covered let me know. Please feel free to share with others.
      Carl Lucchi
      Success Builders

  3. Hi there I am so happy I found your web site, I really found you by accident, while I
    was browsing on Bing for something else, Anyways I am here now
    and would just like to say thanks a lot for a fantastic post and
    a all round enjoyable blog (I also love the theme/design),
    I don’t have time to browse it all at the minute but I have bookmarked it and also added your RSS feeds, so when I
    have time I will be back to read more, Please do keep up the excellent jo.

    1. Thanks for the kind words! Feel free to share with others you know that may benefit from the information.
      Carl Lucchi
      Success builders

  4. Good day! I could have sworn I’ve been to this web site
    before but after looking at many of the articles I realized
    it’s new to me. Nonetheless, I’m definitely pleased I discovered it and I’ll be bookmarking it and checking back regularly!

  5. Wonderful goods from you, man. I’ve take note your stuff prior to and you are just too excellent.

    I actually like what you’ve acquired right here, certainly like what you are
    saying and the best way in which you say it. You make it enjoyable and you still care for to keep it
    smart. I can’t wait to read much more from you.
    This is really a tremendous web site.

    1. Thank you for the kind words. More to come! Feel free to share with others that may benefit from the content.
      Carl Lucchi
      Success Builders

  6. I truly love your blog.. Pleasant colors & theme.
    Did you develop this amazing site yourself? Please reply back as I’m trying to create my own site and want to learn where you
    got this from or just what the theme is named.

    Thanks!

    1. Thanks for the kind words! Feel free to share with others.
      I designed and have a webmaster who developed for me.

      Carl Lucchi
      Success Builders

    1. Thank you for the kind words. Feel free to share with others that may benefit from the content.
      Carl Lucchi
      Success Builders

  7. You actually make it seem really easy with your
    presentation however I to find this topic to be actually something which I think I would never understand.
    It sort of feels too complex and very large for me. I am
    looking ahead in your subsequent publish, I’ll try to get the grasp of it!

    1. Thank you for the kind words. Please feel free to share with others that may benefit.
      Carl Lucchi
      Success Builders

  8. Magnificent goods from you, man. I’ve understand your stuff
    previous to and you’re just too excellent. I actually like what you’ve acquired here, certainly
    like what you are stating and the way in which you say it.
    You make it entertaining and you still take care of to keep it smart.
    I cant wait to read far more from you. This is actually a terrific site.

  9. Its like you read my mind! You seem to know a lot about
    this, like you wrote the book in it or something.
    I think that you can do with some pics to drive the message
    home a bit, but instead of that, this is excellent blog.
    An excellent read. I’ll certainly be back.

    1. Thank you for the kind words. Please feel free to share with others who may benefit!
      Carl Luccchi
      Success Builders

Leave a Reply to Carl Lucchi Cancel reply

Your email address will not be published. Required fields are marked *