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Brandon Dawson: 97% of Startups Fail! How to Beat the Odds and Scale to 9 Figures | Entrepreneurship | E364
A few years after being voted 'least likely to succeed' in high school, Brandon Dawson defied expectations by scaling his first company from zero to $75 million. Since then, he has built and sold multiple nine-figure businesses. As the co-founder of Cardone Ventures, he helps entrepreneurs build wealth, scale effectively, and lead with purpose. In this episode, Brandon reveals why 97% of businesses fail and shares how to beat the odds and achieve business growth. He also discusses his core leadership principles and the key traits of a great business partner.
In this episode, Hala and Brandon will discuss:
(00:00) Introduction
(02:21) His Early Life and Entrepreneurship Journey
(09:27) Bootstrapping a Startup vs. VC Funding
(19:10) Why Entrepreneurs Should Prioritize Cash Reserves
(26:14) Scale vs. Scaling: Redefining Business Growth
(36:48) Why 92% of Businesses Fail to Scale Past $3M
(40:25) The ‘Law of the Lid’ in Leadership
(45:47) Actionable Steps to Improving Leadership Skills
(55:46) Building 9-Figure Businesses with Grant Cardone
(01:03:01) The Key Traits to Look for in Business Partners
Brandon Dawson is an entrepreneur, scaling expert, and co-founder of Cardone Ventures. As CEO of Sonus Corporation, he grew it to over 1,400 locations and raised $58 million. He later founded Audigy Group, scaling it from $500,000 to $35 million before selling it for $151 million. With over 30 years of experience, Brandon helps businesses scale using data-driven strategies, navigate breakpoints, and avoid common pitfalls.
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Resources Mentioned:
Brandon's Website: bdawson.com
Brandon's Book, Nine-Figure Mindset: bit.ly/9FigureMindset
Brandon’s Podcast, Building Billions: bit.ly/BuildingBillions-Apple
The 21 Irrefutable Laws of Leadership by John C. Maxwell: bit.ly/21-Laws
Good to Great (6 book series) by Jim Collins: bit.ly/GTG-Series
Rich Dad's Cashflow Quadrant by Robert T. Kiyosaki: bit.ly/CashQuadrant
Sell or Be Sold by Grant Cardone: bit.ly/Sell-Be-Sold
Start The Work by Natalie Dawson: bit.ly/StartTheWork
Three Feet from Gold by Sharon L. Lechter: bit.ly/3-Feet-Gold
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Published on 4 weeks ago