Mirror, Mirror on the Wall — These Biz Mistakes, I’ve Made Them All

July 7, 2008 by Rich | 0 Comments
In Advice, Operations, Strategy


Biz Chicks Rule:

Take this list to nearest mirror, look yourself in the eye, and consider the path to success you are traveling to grow your business. Just a few meaningful changes can result in a smoother journey and a faster road to success. This I know for sure based on over 30 years of experience in the entrepreneurial trenches.

Mistake #1 - Being Addicted to Being Right
If you’re ultra-competitive, watch for signs that you argue every point to the death — right or wrong. Make a practice of listening to every side of an argument. Owning a business does not make you right about everything. What’s the point in having a staff that agrees with you 100%?

Mistake #2 - Being a Control Freak
You know if you’re a control freak. You can’t delegate, you’re a workaholic, and you are picky about every detail. The ONLY way to grow your business is to find people who are better than you are at every task, let them do it, and manage the results. To grow, you’ll have to find great people and delegate or work 100 hours a week.

Mistake #3 - Having a Captious Personality
Are you quick to point out the trivial faults in other people and never give compliments? If you bask in the negative and focus on pointing out the problems, nip this tendency now. Make a habit of praising the good. Take a trip from animal trainers who reward their subjects for doing the desired behavior. Be lavish with praise and short but to the point with criticism.


Mistake #4 - Blaming Other People

Accept personal accountability in yourself. Insist on it from those who work for you. If you blame your staff, outside forces, competitors, the economy, etc. for all of your woes, you’ll never accomplish what you set out to do. Problems are a normal part of doing business. A business is never going to be perfect. Take the blame and move on.

Mistake #5 - Seeing the Trees and Not the Forest
If you’re mired in the day to day with every detail demanding your attention, step back, dust off that vision, and set bigger goals. See the greater good.

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Photo by Disney.

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