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Let go of these habits to be successful in business

Business owner letting go of balloons flying away
Have you seen a stressed entrepreneur? Maybe in the mirror?

There’s a saying that goes, “No employee will be as successful as a businessman.” I believe this is true because improvement is limited if you are simply an employee. That’s why many people are venturing out into businesses to chase after success.

If you’re a business owner, you know that once you start down the path of entrepreneurship, it’s not always easy. Maybe you’re already aware of these realities.

You quit your steady 9 to 5 job to work longer hours on your business.

Every day you are on the frontlines, fighting fires that clients start while simultaneously dodging bullets coming from employee disappointment.

Entrepreneurship is for the strong of mind and heart. Business owners have undeniable grit. Look in the mirror. 

You can function for 24 hours with no sleep and only coffee flowing through your veins. You’re exhausted, but endless thoughts keep you awake.

Many people are willing to invest time, effort, and resources to grow their companies, but they miss the fine print. For businesses to be successful, what the owner puts in is not enough; they also have to let go of a lot of things.

To do well in business, it is important to stop doing these things:

  1. Fear of failure: Don’t let the fear of making mistakes hold you back from taking risks and trying new things. Starting a business is a risk in itself and you should not begin it without due diligence and plans A to Z.
  2. Perfectionism: Be willing to accept that things will not always be perfect, and focus on progress instead of perfection. No one will care if you misspelled a word or you used a comma instead of a semicolon. Focus on what will make your company grow.
  3. Resistance to change: Embrace change as a necessary part of growth and innovation in business. Kodak was resistant to the boom of digital cameras and went bankrupt because of it. Adaptability is critical for business survival.
  4. Negative self-talk: Replace negative self-talk with positive affirmations to increase your confidence and motivation. Self-doubt is normal but don’t let it fester. Allow yourself to feel it but rise back up immediately.
  5. Rigid thinking: Stay open-minded and flexible in your approach to problem-solving and decision-making.
  6. Need for control: Learn to delegate tasks and trust others to help you achieve your goals. In a fast-paced business environment, you need reliable partners to do menial tasks for you in order to scale as fast as possible.
  7. Procrastination: Don’t mistake rest for procrastination. Overcome this by setting clear goals, prioritizing tasks, and taking action.
    A business owner who dilly-dallies is burning out (unconsciously). Reflect on what stops you from achieving more every day.

The speed of trust

Success in business is often dependent on one’s ability to let go of certain things, especially control. Business owners who don’t do this early on experience burnout or limit their growth because they only forecast what they can do alone.

Business is a team effort. Focus on the big picture and trust your team to do their job, especially when you’re starting to outsource. Let go of the need to do everything alone. Allow yourself to ask for help and delegate tasks when necessary.