All small-business owners set out to achieve high levels of success at their firms, but in many instances, they are set back by poor choices and bad habits that wreak havoc on the company as a whole. A recent blog post for Entrepreneur magazine shared some insights from TW Walker, author of Superhero Success, about some easily fixable business habits that can bring down a company.
“Habits form from repetition and frequency,” Walker told the magazine. “The problem is that most people repetitively implement the wrong [habits] that are actually blocking their success.”
Wasting time with unproductive tasks
Many businesses ask their staff members to sit at a desk in front of a computer all day long. This can not only lead to getting bored at work, but with the world wide web at their fingertips, it is easy for employees to get distracted from what they are supposed to be doing. Staying off of social networks and writing too many pointless emails can help staff members stay on task all day long.
“[People think] they’re being productive and multitasking where in reality I believe that the whole idea of multitasking is unproductive,” Walker told the source.
Being scared to make tough decisions
Small-business owners are far too hesitant to take risks and instead operate with fear. Being scared to make to make tough choices can often hinder productivity throughout the entire company. An article for Forbes said it’s important for business owners to be strong in their decision making and to not waver after a choice has been made.
However, many small-firm owners an often make poor decisions and have bad habits that can hurt their enterprise in the long run. In order to stay protected in these situations, it’s important to have small-business insurance policies.