3 Bad Habits That Will Determine Your Success or Failure
There are few things that frustrate me more than when I deal with business owners who are unable to make a decision.
I’m sure you can understand the frustration – especially during “event season” – when comments are made like, “no one commits to attending events until the last minute – it’s just the way it is.”
When I hear these comments, I just wonder how in the world a business owner with that attitude and those habits can expect to grow and profit in their business.
While having a discussion with another successful entrepreneur, we agreed that there are three bad habits that will determine the success or failure of business owners.
You’ve probably experienced these or maybe you even have these bad habits.
Incapable of Making a Decision
One area where I see this exhibited the most is in attending live events. I host these events regularly, and I consistently run into business owners that just cannot make a decision to attend a live event.
Now, the mind is a wonderful thing, and it works like this: ‘the way you do anything is the way you do everything’. If they cannot make the decision to attend an event, in what other areas are they indecisive?
Someone once said, “The lack of ability to make a decision is why there are so many dead squirrels on the road.”
Think about it for a minute. The squirrel’s indecisiveness has dire consequences.
Unfortunately, many entrepreneurs are guilty of the same thing. My team sees it all the time when talking to entrepreneurs about attending our events – should they or shouldn’t they attend?
We wonder what they are afraid of? What’s so hard about making a choice?
The inability to make a decision is more than frustrating; it is an enormous barrier to success. I often find myself having to teach my clients this basic skill when we could be working on other matters.
So what’s the bottom line? If you’re incapable of making a decision, just make one and see it through. “If it is a wrong decision, work to make it right” as my mentor, Larry Winget, would say.
Learn this one skill, and you’ll enjoy the relief of an enormous about of stress and anxiety.
Unable to Commit
Even though some may make a decision, follow-through is another issue.
I’m convinced we have an epidemic of commitment-phobic entrepreneurs. They commit to a contract, or attending an event, or working with a JV partner only to back out or not show.
This reveals that they lack professionalism and credibility. Both are incredibly important to your success as an entrepreneur and business owner.
Let’s take this a step further. When you fail to keep your word, it’s a slippery slope where you fall into the trap of unacceptable habits.
First, you lose the power of your word, and then you set low expectations for yourself. Eventually, you expect others to accept your sloppiness.
Business doesn’t work this way.
Step back and evaluate your business habits. Are you failing to keep your word? Are you credible in the eyes of your clients and customers?
If you have fallen into this trap, it’s time to pull yourself back up. Expect more from yourself – you deserve it!
As Larry Winget says, “Do what you said you would do – when you said you would do it – in the way you said you would do it.” (He’s had such a huge impact on me, can you tell?)
I’m not going to lie. This will not be easy all the time. But it is worth it.
Besides, YOU made the decision to be an entrepreneur, so act like one.
Lack of Consistency
Do you want to know what it takes to succeed? Be consistent with your strategy.
Really, this sums up what we’ve been talking about. Make a decision, commit to it and then deliver on it consistently.
For instance, if you want to use video marketing for your business then make sure to consistently produce videos. Or, if you want to use public speaking to grow your business; make the calls, get booked and get on stage.
Want to shoot yourself in the foot? Fail to be consistent.
You Can Determine Whether You Succeed or Fail in Your Business
While I may have been on a bit of a soapbox rant, I see this over and over with entrepreneurs struggling to build and grow their businesses. Frankly, I’m heartbroken from what I see when the solution is really very simple:
Make the decision.
Make the commitment.
You have no reason to fail when you do this one step at a time. You can determine your success when you develop healthly habits.
What are you going to change this week to stop struggling at business?
- Want More Business Success? 7 Bad Business Habits You Need to Stop Doing - September 10, 2017
- 3 Bad Habits That Will Determine Your Success or Failure - August 12, 2017
- 5 Strategies to Getting Unstuck in Business - July 24, 2017
- Stabilize Your Cash Flow NOW! - July 12, 2017
- Health Emergency! Will Your Business Survive? - June 17, 2017