Entrepreneurial Failure – 22 More Things You Can Do To Fail Miserably
photo credit: markwgallagher
Here are 22 more things you can do if you want to fail as an entrepreneur. If you want to fail as an entrepreneur, go ahead and implement these items and you will fail miserably.
1. Don’t give back to the community and to charities around you. This is your money anyway and you worked hard for it. You deserve all the spoils from your hard work.
2. Don’t bother hiring talented people. Hire your friends or hire people because you feel sorry for them. Hiring talented people is expensive. Yes, you may be better off in the long run with talented people but it costs too much right?
3. If you do hire talented people don’t pay them well. Try to get them for the cheapest rate you can and don’t give them any bonuses. If they go somewhere else then they just didn’t belong with you anyway.
4.Don’t provide incentives for your customers or your employees to bring you good ideas. You have all of the good ideas anyway.
5. Work yourself into the ground. Don’t live a balanced life. It is all about the business and the money anyway. What else matters?
6. Think short term in your decisions. Only care about the here and now. Don’t even think about how your short term decisions affect you in the long-term.
7.Don’t bother trying to understand economics and how it can affect your business. Your business is not even affected by what happens in the general economy right?
8. Don’t spend anytime learning the emerging trends in your business and in your industry. You will always have this business and it will always bring in income.
9. Don’t go to conferences in your industry so you can learn something new. You already determined that you know what you need to know. Besides, conferences cost money and they take time.
10. Neglect your family and friends. Who needs the hassle? They should understand that you are building a business. It is all about the business.
11. Don’t be flexible. Be as rigid as possible.
12. Don’t work on your communication skills. What’s that all about anyway. You talk and others listen. Problem solved.
13. Don’t create a business strategy. Just run your business by the seat of your pants.
14. Create a strategy and then take forever to implement it. Analyze the heck out of it but never really act on it.
15. Don’t create a unique selling proposition. Just be like everyone else. Don’t be original.
16. Let fear stop you right in your tracks. Fear is good. Even unhealthy fear that is not based in reality.
17. Constantly talk yourself out of good ideas. Keep doing the same thing.
18. Give up easily. As soon as an obstacle comes throw up your hands and quit. You knew it wouldn’t work anyway right? I mean that is what you constantly said.
19. Don’t learn from your mistakes. Keep repeating them over and over again. At least this is familiar.
20. Criticize your customers and your employees. They deserve it. Really give it to them. And do it often.
21. Neglect social media marketing. Who needs these new fangled strategies? Stick with the old way of doing things.
22. Procastinate when it comes to addressing issues. Put is off until it becomes an urgent matter that will take up a great portion of your time and resources. Who wants to deal with issues when they first present themselves?
Again, as I said in Monday’s post, I don’t want you to fail. Please focus on doing the opposite of what is presented here and you will be moving in the right direction. As always I look forward to your comments.
Again I made an assignment to think positively.
1.Giving back ensures it will come back to you so you can give again.
2. Investing in the best for your business is always the wisest choice.
3. When you want the best you must be willing to pay for it. The best always goes along way, and cost you less money in the long run.
4. Consider yourself favored when others share good ideas that will benefit your business. Please encourage this behavior
5. Having a balanced life ensures you will be around to run your business.
6. The bigger picture will always affect the day to day decisions and vice versa.
7. The economy will affect how customers will spend their money. This information is important for your business.
8. Emerging trends, you need to know in order to keep you in the loop. Stay in touch.
9. You need to invest in your future. It is good to go hear about how others are doing in your business.
10. These people are your foundation/sounding board and spring board/ they balance you out.
11. Understand that not everyone and everything will operate in the same manner. Bend when necessary.
12. Proper communication will enhance business relationships.
13. Planning should always be prefered. It’s wise to have a guide.
14. Executing the new strategy will ensure you will not lose momentum.
15. Always dare to stand out. Standing out brings attention to your business.
16. You can feel fear/ Don’t allow it to dictate your momentum or destination.
17. Take a chance on a good idea. If it doesn’t work for you, you can learn from it.
18. There was a story told about a man who brought a gold mine. He began to dig and dig. He kept on digging but still did not find any gold. Finally he gave up and sold the mine. The fellow that brought it from him went to the same spot a dug 3 more feet and struck gold.
Lesson learned please don’t give up so easily.
19. The best thing about mistakes is that you can learn from them.
20. You can win cooperation from others by speaking the truth in love.
you should also approach the individuals with a cool head.
21. Don’t stay stuck/ nothing wrong with the old unless the new serves more effeciently.
22. Please move in the moment. It is necessary so that you don’t cause delay.