Below are valuable articles for businesses that are serious about their growth and profitability. Enjoy it!
The 7, 10 or 20 worst habits of small businesses
1. Treating or using your employees as your friends
2. Thinking you can motivate someone
3. Attempting to build on someone's weaknesses
4. Thinking performance is more important than character
5. Volume will over-take a low profit margin- (maybe Walmart but not us)
6. You can outwork, or over power, inefficiency
7. Not having plenty of fun
8. Stressing the human, and financial resources too long
9. Believing you can do it all
10. Not forcing enough time off from the business (for all including the owner)
11. Proposing projects or running the business as if it will execute perfectly
12. Not knowing what a person’s natural strengths are
13. Having to many folks with similar strengths
14. Not shoring up your natural weaknesses with new team members or consultants
15. Not having extremely clear performance objectives for every project, person, and initiative along with milestones and cut off dates
16. Having too many people with similar weaknesses
17. Not having a robust recruiting pipeline
18. Accepting anything less than 5% profit (unless you're a Walmart or grocery store)
19. Hiring processes that have less than three people involved
20. Concentrating sales and marketing into one person or not having it at all
21. Not distinguishing problem solving from behavioral habits
22. Thinking that running the business like a "family" breeds loyalty...(not)!
23. Not realizing people should be allowed to be successful elsewhere