We all have bad habits, right? Of course. Some of us have a bad habit of biting our nails or gossiping while some people have a bad habit of locking their keys in the car, nonetheless, we’re all human and have things we need to work on about ourselves. Some habits are harder to break than others but as long as there is a continued effort to break these habits, you eventually will, right?
Well, the answer to that question all depends on the effort you’re willing to put in to break those habits. There are certain techniques for certain habits that make it easier to break those habits. For example, nail biters… a technique to eliminate that is keeping polish on your nails because of the bitter taste it gives; those are typical bad habits of people. Did you know that there is such a thing as business bad habits, especially for entrepreneurs? Well, there is.
Entrepreneurs are human just like everyone else, so they may have a bad habit of biting their nails when they’re stressed or leave their home without locking the door when they’re late to a meeting but because they’re entrepreneurs, they have another bad habit to break… business bad habits.
The good thing about business bad habits is that the majority of them are learned behaviors so they can be reversed with due diligence. These bad habits that entrepreneurs display are typically learned from figures they’ve seen on social media or television. Instead of imitating the work ethic that propelled some of the entrepreneurial figures they look up to, they unknowingly adopt some of their negative traits and habits.
Whether you’re a seasoned entrepreneur or a newbie embarking on your first business venture, it’s important that you know and understand that there’s so much more to entrepreneurship than meets the eye… you are your own person and it’s ok to not always fit the mold on your journey to entrepreneurship. Take a look at some common bad habits among entrepreneurs that you need to avoid.
Bad Habit 1: Not Taking Beneficial Advice of Other Entrepreneurs in Your Industry
As an entrepreneur, you’re constantly bombarded with suggestions and opinions from people who genuinely want to help you achieve success in your business, but all too often, the people trying to give you advice don’t know what they’re talking about. With that, you start to develop a chip that sits on your shoulder that shuns away all advice, even good advice from other entrepreneurs in your field.
It’s understandable to not want to hear advice from some random person but when you have an expert wanting to help, it’s in your best interest to listen, especially for budding entrepreneurs. You might be at the point int forming your business where you’re trying to figure out which entity you should register your business under. An expert in your industry might recommend you form an LLC to make sure your business is compliant but because you know everything you ignore their advice and end up putting your financial assets at risk… that’s a hard lesson to learn.
Bad Habit 2: Take Pride in Over-Working Yourself
There are so many entrepreneurs out there that wear sleep deprivation as a badge of honor, thinking it shows off just how dedicated they are to their business. They think that’s impressive to people but all it does is make people feel sorry for you. They’re happy for any success that comes your way but they’re looking at you in a sympatheitc way because they know you shouldn’t have to scrifice your quality and quantity of sleep just to achieve success in your business.
In fact, a study by the Harvard Business Review revealed that when an entrepreneur gets enough restorative sleep, they have the ability to be more productive and spot great ideas. So it might be a good thing to give yourself a set sleep schedule. Overworking yourself is also the biggest contributor to a poor work-life balance. You typically hear of poor work-life balances from people working 9 to 5 jobs but it happens with entrepreneurs too but they look at it as something to be proud of. If you want a harmonious work-life balance, you have to create your own path to it… you’re own boss after all… implement a set time when you can unplug from work and enjoy life.
Bad Habit 3. Talk Down About People Who Work 9 to 5 Jobs
A lot of entrepreneurs don’t even realize it but they have a bad habit of judging people who work a 9-5 job. Just because you chose the route to be an entrepreneur, that doesn’t mean that you’re better than a 9-5 worker… that just means that you work at different paces. This is a bad habit where you need to leave your ego at the door because no one wants to be belittled or even hear someone being belittled.