Thursday, February 25, 2010

Are You Your Worst Enemy?

There are many factors that can contribute to a business failing: lack of advertising, poor management of staff, bad customer service, tax trouble, etc. However, many entrepreneurs don't realize that sometimes the problem is the one thing you never think of: you.

That's right, it could very well be true that you are your company's worst enemy.

Perhaps, your personality is too aggressive and you turn potential clients away. Or maybe your personality is too soft and you aren't convincing enough to potential clients.

Or could it be that you're too lazy and lack work ethic? Or maybe you work too hard and are always too tired to pay attention to new opportunities.

Or maybe you're too stubborn. Could it be that you're ignorant and slow to adapt change? Or maybe you change too much and people can't keep up with you.

Or maybe you blame others, instead of taking responsibility and accountability when things go wrong. As a result of your denial, perhaps you're making the same mistakes over and over again.

Conduct an honest self-analysis. Be determined to find your "blindspots". Ask others what they think about you as a business owner, and how you run your company. Listen closely to what they say, and take action.

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