None of this is a surprise.
He wishes he could find what’s gone wrong, but is incapable of doing so … mainly because it’s his; naivety, inexperience, lack of authority, lack of understanding, critical analysis skills, effort levels, general incompetence, lack of planning, lack of availability, understanding, self awareness, absence of recruiting the lacking skills. Etc etc.
His business’ performance is accurately tracking his talents.
We’ll continue on this trajectory for as long as he leads.