Whether the crux of our collective business problems is customer disloyalty or the concept that computing power will double while the cost of it is cut in half each year - the question is: how do we avoid the same fate that fell on so many business owners before us?

The answer is simple: let history guide us in the right direction.

Today, I discuss how human nature impacts a business’ successes and failures and how we can use history to help us avoid the same mistakes as our predecessors. I discuss what the “Power Period” is for some of history’s greatest empires and their remarkably consistent rise and fall of power. I explain the six stages of the “Power Period” and how they relate to the rise and fall of business empires. I also explain why I believe there are actually seven stages, why I call it the “Hangover Stage,” and what often happens in this stage of a business - or civilization’s - evolution.

“That which evolves eventually stops evolving.” - Chris Colbert

This week on Insert:Human

• The impact of human nature on business evolution and long-term success
• What the“Power Period” for all empires is and their remarkably consistent rise and fall of power
• The six stages of an empire’s rise and fall
• How the six stages of the Power Period are similar to the evolution of a business
• What I call the “Seventh Stage” of the Power Period

Resources Mentioned:

• The Fate of Empires and Search for Survival by Sir John Bagot Glubb

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