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Starting a Business / Failure

The 12 Ways Smart People Fail at Business

An MBA or a high IQ doesn't guarantee you anything.
- VIP Contributor
Entrepreneur Network Contributor
2 min read
Opinions expressed by Entrepreneur contributors are their own.

A lot of smart people come up to Entrepreneur Network partner Patrick Bet-David and say, “Pat, this business thing is a piece of cake. I’m an executive, and I have a degree from XYZ. I’m thinking about being a business owner, and it’s going to be so easy for me.” Then, they fail and wonder why. 

In this video, Bet-David covers the 12 reasons why smart people fail in business. So, if you think you're the smartest person in any given room, check out this video to protect yourself from falling into one of these 12 traps.

Click play to learn more.

Related: Should You Keep Everyone in a Single Office or Hire Remote Employees?

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Stories of Rejection From 8 of the World's Most Successful Entrepreneurs and Leaders