Wednesday, February 27, 2013

Business collapse? You may be your worst enemy


Business collapse? You may be your worst enemy

  • Written by  Ruth Olurounbi
Sometimes when your business collapses or it is not moving the way you planned, it may be because you are sabotaging yourself. But how is that possible? Brent Beshor, Chief Executive Officer of AdVentures, ranked #28 on the 2011 Inc. 500 list of the fastest growing companies in the U.S, says regardless of age, stage, or profession, it constantly amazes him the little things very different people do to sabotage their future success. He listed those things people do to slog off their success. Here are just tips of the ice berg.
Grammar
This is not something to “LOL” about. Misspellings, lack of capitalisation, and generally poor grammar say you’re uneducated, inattentive to detail, or, frankly, just don’t care. Poor grammar is like a giant fluorescent warning sign that says: “Steer clear.” Please use spellcheck tools, reread your note, and if it’s something “important,” have others proof it, too.
Over-promising
Expectations matter. If you promise me a miracle, I’ll expect it. If you promise me a little, I’ll be happy with a little and delighted with a little more. Being impressive is mostly about being reasonable in your projections and hitting them consistently.
Not taking responsibility
We’re human. Mistakes happen. But ever noticed how some people always have a scapegoat and even a backup scapegoat? The finger is always pointing in the other direction. Occasionally, another person might have played a role. Most of the time, it’s your own fault. Own it.
Lack of Patience
I’ve found that nothing worthwhile comes quickly or easily. Regardless of your goals, they will take focus, hard work, and plenty of time. Stop looking for the secret sauce or the quick fix. There aren’t any.
Lack of definite intention
Each day is packed with questions of how to spend your time, money, emotions, and focus. Do you know why you do what you do? I see lots of “ping pong people” bouncing between distractions. Pick something meaningful to accomplish and attack it. You’ll be amazed at what you can do.
Overcommitting
You can’t juggle an endless number of commitments. Every time you say “yes,” you’re saying “no” to something else. Eventually, things break down and blow up. Ask yourself if the commitment in question will help achieve your goals. If not, politely decline.
Subtraction by addition
 When things get hard, the inclination is to do more. Work more hours. Demand more from others. In the short term, it feels great. Your brain rewards you for “doing more.” But when you look back, you’ll find you accomplished less. Instead, focus on addition by subtraction. Spend more time thinking, and less time doing. Be still. Be alone. Be thoughtful.

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