This archive report was first published on 30 October 2019.
Breaking Bad Business Habits ¶
As an entrepreneur, it's essential to develop good habits that will help you succeed in your business. In this article, we'll explore common bad business habits that can hold you back from achieving your goals.
Published on October 30, 2019, this article highlights the importance of balancing work and rest, managing finances effectively, and being mindful of what others think.
According to the article, many entrepreneurs struggle with burnout, which can lead to hospitalization. The author shares a personal experience of pushing himself too hard and ending up in the hospital. Since then, he has made rest a priority, taking two days off each week to recharge and spend time with his family.
Another common bad business habit is living for the weekends. The article suggests that going out every weekend can be expensive, with an average cost of Sh8,500 per night. This can add up to almost Sh500,000 per year, which could be injected into a small-scale business.
Additionally, the article highlights the importance of managing finances effectively. The author shares a personal experience of employing friends who struggle to manage their finances, leading to debt and financial stress.
Finally, the article emphasizes the need to be mindful of what others think. The author suggests that entrepreneurs often fear failure and are afraid of what others will think if they fail. However, trying and failing is an essential part of the learning process, and it's only by taking risks that we can truly succeed.
