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9 Things That Will Destroy Your Business

9-things-that-will-destroy-your-businessWhen you run an online business, the most important thing you must remember is, it is your business. You are supposed to operate it the way you think is the best way. This not only applies to online business. This applies to any kind of business.

There are 9 things that will destroy your business. If you avoid these, you business will have a much higher chance of being successful.

TAKING THINGS PERSONAL

9-things-that-will-destroy-your-businessI’m sure most people remember the quote from The Godfather, “It’s business, not personal.” This is not just a myth. This is a very accurate statement. Many times, someone will seem like they are rubbing you the wrong way. You may also think that someone has a personal vendetta against you. Perhaps a competitor will deliberate upset you, just to run you out of business. The fact remains, this is not personal. If you take it the wrong way, it will cloud your judgement, and your business will be affected in a negative way. This applies to any situation that gets under your skin. Remember, this is only business. Take it with a grain of salt, move on, and work towards building a successful business.

DEPENDING ON OTHER PEOPLE

How many people do you know who always do exactly what they say they are going to do? Throughout my life, I have only known two people who fit this description. One is my present wife. The other was my first wife, who passed away three years ago.

9-things-that-will-destroy-your-businessOver the years, my opinion has been that only five percent of all people always do exactly what they say they are going to do. When someone tells you that they are going to do something, and it is something important, the first thing you do is alter your plans to accommodate them. Then, if they do not follow through, you have to re-adjust your plans. Has this ever happened to you? Unfortunately, this has happened to many people. The bad thing is, it will continue to happen. For various reasons, people tend to not follow through with what they say they are going to do. Some of the reasons are, they forgot, they made other plans, or they never wanted to do it in the first place. The most obvious reason is, it was just not that important to them. It was important to you, however.

Unless you know someone very well, and know that that person is reliable, don’t depend entirely on what someone says they are going to do. Don’t place your business in the hands of someone else. Always have a backup plan. Remember, many people are not going to do what they say they are going to do. Do not let this affect your business.

DEALING WITH TIME WASTERS

Many people you deal with in business like to talk. They will talk about things like, their jobs, their differences with other people, and even about something totally unrelated. Mostly, people love to talk about themselves.

Salesmen, both online and offline, are the biggest time wasters. They want to take up a lot of your time on something that is going to benefit them, and not you. Most salesmen will waste your time, even after they have sold you something. If they sold you, they are looking towards you to bring them other leads and customers. They are more concerned about themselves.

Don’t allow yourself to become tied down by people who steal your time. Once they steal it, you can never get it back. If you meet with someone in business, do your business, and end the meeting. You can do this in a tactful way.

DWELLING ON DISAPPOINTMENTS AND NOT MOVING FORWARD

Once you have experienced a disappointment, there is nothing you can do about it. It is over. Don’t dwell on it. Move on to better things. A disappointment will not help your business become successful. Moving on will.

In a previous post, Blogging: Getting Started: Winner vs Looser, by Cal Motta, Cal explains that if something does not work for him, he is devastated, for about 10 SECONDS. That is fine, but then, it is time to move on. Whatever has happened is over, and cannot be changed. Don’t think about the disappointment. Think about what you are about to do to build your business.

TALKING ABOUT THINGS AND NOT DOING THEM

Also, thinking about things and not doing them, will destroy your business. Many times, business people have great ideas. Then, once they sit down to the computer, their minds draw a blank. Then, when that great idea comes into their minds, they decide to put it off until next time. Don’t just think or talk about an idea. Do it right away. If you are not in that position, write it down, or record it. Never waste excitement. You may never get it back. Then, that amazing idea you had will be lost forever. How do you know that an idea you had in the past would not have generated millions of dollars in income? You will never know unless you follow through. Many successful people got their start from an idea. Don’t waste ideas, and don’t waste excitement.

NOT LISTENING TO PEOPLE

First and foremost, let me say, “No one knows everything.” Some people think they are a know it all. They love to flaunt their knowledge. Even worse is, they are not interested in anything that someone has to say to them.

If you are familiar with the Master Chef, Gordon Ramsay, then you are probably familiar with his TV series, Kitchen Nightmares. This is a series in which Chef Ramsay visited a different restaurant each week that was failing, and tried to help them get back on track. He recommended changes that he believed would make their restaurants successful. Now, if I was the owner of a restaurant, and a master like Chef Ramsay gives me advice, I am going to listen to him. Last week, I did some research on the restaurants he tried to help during the first two seasons of the show. The result was, only one restaurant is still in business.

NOT BEING UP-FRONT WITH PEOPLE FROM THE START

Always be honest with people from the very beginning. This goes back to “Doing what you say you are going to do.” Many people are like this, but you do not want to be. Don’t mislead people. It will come back to haunt you. The last thing you want to do is develop a bad reputation for your business. Did successful companies, such as, Apple, Exxon, General Motors, General Electric and Ford get where they are today by misleading people? Most likely, the answer to this question is, NO.

Always be honest and up front with people. Also, if you enter into a contract, always honor it. If you can’t do that, don’t enter into it. This will pay off in the long run.

LETTING PEOPLE COME BETWEEN YOU AND OTHERS

This is one of the worst things you can do. If you have established a good business relationship with a company, or with another person, this can be destroyed if an unrelated, non-entity, third party comes in and breaks you up. Some of your business associates may also be friends. Also, these friends may have enemies. If an enemy of one of your business associates is a friend or yours, this should not affect your relationship. Unfortunately, some people do not see it this way. In business, always keep your contacts separate. Sometimes, this is not possible, or it is not feasible. In this case, make sure you stay on top of everything.

Do not allow other people to jeopardize your successful business relationships.

ALLOWING FAILURES TO GET THE BEST OF YOU

Again, in Blogging: Getting Started: Winner vs Looser, Cal talks about Mark Cuban, and his thoughts about failure.

There is nothing wrong with failure. Every successful person has failed many times. Baseball’s greatest hitter, Ted Williams, had a career batting average of 344 **.  This mean that he got a hit 34.4% of the times he batted. Even though he was a great hitter, he failed between 6 and 7 times out of 10.

To a successful person, there is no such thing as failure. To others, failure is allowing something to completely do them in. Successful people forget about failure, and move on to something else that will hopefully be a success. They also look at failure as a blessing in disguise, and convert a failure into a success.

Don’t let failure overcome you. Overcome it. You can fail six times. However, the seventh time, you may not fail. Remember, all it takes is one hit, and you are set for life.

I hope you have enjoyed this article. If you did, please let us know by submitting a comment below. In the meantime, we wish you all the success in your business, and in life.

 

** Ted Williams lifetime batting average is from Wikipedia.

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