Do you spend every waking minute at work? Do you find it difficult to take time out for you? Are you constantly working in a mess?The Small Business Owner
These people tend to be involved in every aspect of their business from being
bookkeeper, marketer, human resources manager, mediator, customer liaison officer and cleaner.
The smaller
business
harder it is for
owner to delegate these functions because they dislike spending any money and, in fairness,
dollars can be much tighter. However, many fail to realize that if they invest their dollars wisely in accessing
right type of goods and services to grow their business and be more effective, they will see positive changes occur over time. They can become more productive and profitable. It takes time to build a good "business mindset" and to be an effective leader.
The Manager
Many of
managers I have coached suffer from similar challenges as
small business owner. The key difference of course is that
business owner is responsible for his business and cannot escape that responsibility. If
business is profitable or non-profitable it will impact on that person personally, particularly financially.
10 Habits of Highly Unsuccessful Business Owners Check out if you regularly practice these habits:
Don’t practice what you preach Tell other people what to do and don’t do it yourself. Set a poor example.
Do not invest any time and money into developing yourself and your people. Forget ongoing personal and professional development. The less you and they know
more time, money and energy you will waste. A surefire way to have an unmotivated and unproductive team…not to mention
loss of opportunities.
Avoid planning at all costs Continue to be reactive and do things on
spur of
moment. Don’t write a list of things to do each day and definitely do not use a diary to plan out what you will do. This will ensure you have no time and no life.
Eat whatever you want to and don’t exercise Being unfit and overweight will ensure you’ll feel tired and look awful. You’ll also be susceptible to sickness. A great way to ensure you won’t be able to cope with
pressures of your personal and professional life.
Spend most of your waking hours at work Start work early and stay late. This will sap you of energy and creativity. A surefire way to have unsatisfactory personal relationships. Next time you’re in a social situation outside of work you won’t have anything else to talk about except work, work, work. In fact people will avoid you because you’re boring!
Avoid looking after your clients/customers Ignore them unless they contact you. The fact that without them you wouldn’t be in business won’t matter. Do your utmost to not deliver on your promises, avoid following them up or returning their calls. After all you’re a multi-millionaire and it wouldn’t matter to you if there was no one to purchase your goods and services…you can retire whenever you like.