Bad Habits that Hinders the Success of Entrepreneurs

Today, you and I will quickly talk about the topic “Bad Habits that Hinders the Success of Entrepreneurs”.

This has become necessary as a result of the very many emails and searches we have been receiving from several of our sites visitors concerning Bad Habits that Hinders the Success of Entrepreneurs

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Bad Habits that Hinders the Success of Entrepreneurs

Entrepreneurship could be a very good way to earn a living. Being the boss, having no one to report to or even complain to. Most entrepreneurs like the fact that they don’t have anyone up the ladder, and no one to request they should work overtime.

But they forget the fact that as an entrepreneur, they are their own boss. For a business to be successful you have to be a better boss, than any boss you could ever have.

This requires much work, and less caterwaul. Every entrepreneur ought to ask himself, am I bossing myself appropriately? It’s not all about being a boss, it’s to be the best boss possible.

When an individual decides to be an entrepreneur, (s)he has to develop good business habits and neglect the bad ones. Today, I’ll be writing on some bad business habits that shouldn’t be found around you as an entrepreneur.

When one fails to plan, it is often said he is planning to fail. This is more than an old banality. Feeling that as an entrepreneur you can do what ever you like when ever you like it, is one of the most dangerous habits.

The habit gets stronger with time, and a time will come when you will not even give a damn about the work at all again. When you examine the lifestyles of the most successful entrepreneurs, you’ll discover that most of them take their jobs as normal office employees.

So they go to work most week days and maybe take the weekends of if possible. To be successful in any career, one has to take a good look at those ahead of him. So studying the lifestyles of successful entrepreneurs may be just the step you need to take.

Bad association spoils useful habits. Those are the words from one of the oldest books ever written. These words are still very much factual. Just the way sponges could easily absorb whatever is around it, that’s the way humans are.

In other words, humans are like sponges. When a sponge is placed in an oily water, it becomes oily. When it is placed in a soapy water, it becomes soapy. So our environment matters a lot.

The people an entrepreneur associates with, could influence him either for the good or bad. Associating with “like minds” that shares the same business principles and ideas, that influence you for the better, is better than associating with childhood friends that care only about spending the little savings you have.

Associates should be able to compliment in areas where they are better than you.

Just like a person who joins Steemit, expecting to make millions of dollars within the first few months of joining, so is an entrepreneur with unreal expectations. It is an illogical idea.

I know motivation books usually encourage the readers to think big, but WTF don’t think too big. It’s better slow and steady. Most times, it takes up to a year for an entrepreneur to start getting good returns for his money.

Like I said earlier you have to study those ahead of you in the game, since all good players will eventually be rewarded. Are they some skills they have, that you lack? There is always a big clean room for improvements. Try to pack into that room.

Making wild promises. It is better to avoid promising than failing to keep to a promise. New business owners usually do this most times in an attempt to get customers from old businesses.

Rather as a new entrepreneur, one has to win customers over with time. This can be done by building relationships, selling your products at a rate below that of the market. When you win the hearts of the customers, they’ll always come around. So avoid promising what you will be unable to do.

With the right business habits, you will definitely get to the top of the mountain.

That’s the much we can take on the topic “Bad Habits that Hinders the Success of Entrepreneurs”.

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O3SCHOOLS TEAM

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