5 habits that will make you fail in business

(Emmanul Ananti) #1

You’re starving for a “big break”

It’s good to be hungry, but people who are starving are desperate and will run towards a source of professional nourishment with their fangs out. It’s not hard to figure out how this approach makes would-be contacts feel. The best networkers are those who approach other people with sincerity and a real desire to develop a mutually-beneficial relationship. They sit back and listen and do their best to learn and add value. I have said it many times before: Always offer something when you ask for something. If someone has gone out of their way for you, be gracious: don’t hound them to do more.

You’re surrounded by negative people

They say that we become most like the 5 people we surround ourselves with, but I am here to tell you that one negative Debbie/Daryl downer can ruin the vibe on an otherwise positive and productive team. Negativity is poison and it can ruin any chance of success in every part of your life. Downers drain those around them with their constant critical commentary and often manipulate others into spending their valuable energy to “save” them from their own misery. Spend your time working on projects, brainstorming and figuring out your next move instead of allowing them to bully you with doubt and “meh” mentality. Draw a boundary and don’t engage.

You believe that working the most hours is the only way to “win”

The competition between people to work the most is surreal and misguided. Think about it: If two people run five miles and one trained, ate well and was able to do it in 30 minutes and another took an hour, which one has it right? There is a big difference between always working, working hard and working smart. When I hear people bragging that they spent their weekends at their desk or complaining that they “worked until midnight,” I usually think of the student who waited until the night before the exam to open the book. Instead of showing how much time you can spend on something, work on empowering yourself with the skills to produce your best possible work in a reasonable amount of time. These skills include good time management, the ability to delegate and say “no”, laser focus and good follow through in addition to the task specific tools you’ll need to achieve the best results.

You’re motivated but don’t take action

We have all heard about the effects of placing your gym clothes by the bed as motivation to get up and go as well as the impact of having someone to hold you accountable for showing up where you say you need to be in order to get to where you want to go. While it’s nice to be motivated, the reality is that there will be days when you just don’t feel like doing what you need to do. This is why you need to have a plan that pushes you to take action. Whether it’s meeting with a mentor every week to go through task deadlines or paying fines for not showing up to a class or the gym (give them to charity), consequences and accountability are great ways to make changes in behavior.

You don’t know the difference between time and energy

Here’s a fact: The better you become at something, the more people will take notice. Many of them will want to achieve similar results in their own lives and reach out to you to ask for advice and help on projects. As much as you want to give, the reality is that, even if we can “make time,” we don’t always have the appropriate amount of energy to give away. Many goal-getters love to help others achieve. They share information and advice, but they also know that it is OK to tell a friend you cannot work for their company for free and they don’t feel guilty for suggesting a 15-minute phone call if they don’t have time to meet for coffee for an hour. They also place boundaries with bosses and lovers because they know they are at their very best when they are not feeling like a drained martyr. Bottom Line: mental and physical energy are essential for reaching your own goals and giving all of it away to the point of exhaustion.

(Melody Kuku) #2

You raised thought provoking points. I’ve learned a thing or two from it.

(Joshua Jumbo) #3

Really loved this piece. My cue from this is in the part of downing. There are those who bring down tools to you and can make you commit more energy than you should to reach a specific goal. Common sense is needed to wittingly handle matters like this, because they might be very close friends or even relatives. Nice and nice Ananti.

(Emmanul Ananti) #4

Thanks Melody. I’m glad your thought is provoked. I hope the tips help you build a bigger and better business.

(Emmanul Ananti) #5

Thanks Joshua. Proper planning and time usage will also help to overcome such pressure and help us not overwork ourselves.

(Joshua Jumbo) #6

Definitley, proper planning is half the job done. It’s unfortunate see that that many an African small and even medium scales jump start with little or no planning. They act on pressure rather than preparedness.

(Idongesit Onyeka) #7

Good points. I love it and I’ve learnt few things there. Thanks Emmanuel

(Angela Ojiuzor) #8

Great points raised and insight to provoke one’s mind.

(Oluwatobi Ogunlade) #9

You have raised a very good point. Many entrepreneurs have failed for lack of knowledge of enterprising, good business management and customer maintenance and today they are nowhere to be found in the Business Industries.

(Irorokaro Omoghene) #10

So many things can hinder your success in business, ranging from location, venturing into business you have no background knowledge about, inadequate resources to properly delivery, lack of proper planning and managerial skills, lack of strategic marketing, low/fake products, excess bills/ high tax , unforseen circumstances, lack of awareness on recent development in science and technology, failure to upgrade facilities ; I can just go on and on. Basically,5 habits that can easily break down your business include the following

  1. Lack of discipline / commitment
  2. Lack of wisdom to navigate well
  3. Not taking action at when due (procastination)
  4. Inconsistency
  5. Lateness
    Keep doing this five things, then watch your business fail…

No one wants to connect with anything or anyone that is not bankable or reliable.

(James Mwenya) #11

Great stuff indeed. We write our own failure in the ink of our bad habits and wrong objectives

(Celestine Nnamdi Ojikah) #12

Very interesting write up.

(Melody Kuku) #13

@Emmanul_Ananti It sure will, thank you.

(peter sado) #14

i love those point it is very important in our day to day business activities


This is a very interesting piece of advice. I really learned alot from it. It will help alot of entrepreneurs to be smart and execute things with caution and proper senses.

(Veronica Mazibuko) #16

So true:sweat::crossed_fingers::sweat:


working smart is the best way to achieving ones goal, one can spent an amount of time working on something and not produce results, but if one smart enough its just a matter thinking and figuring out what need to be done in the right way and boo-ooh, you are done.

(Anthony Obioha) #18

These are very very true. Refreshing. Thank you @Emmanul_Ananti

(Kagiso Komane) #19

I recognize the first point. I’ve encountered people who have such a high opinion of themselves and their project that they end up adopting an attitude that’s a put-off to potential investors or mentors.

Sincerity and humility often are make or break characteristics when your funders are assessing entrepreneur risk. Sometimes if they simply don’t like who you are, they lose interest in the merits of your project.

(oganufa Uchechukwu) #20

wow these are powerful points