Are you aware that starting a business can be one of the most challenging tasks anyone can undertake? You might be wondering why this is so.
Consider first that you are venturing into unknown territory. You may have completed your feasibility studies and gathered the necessary training and expertise to manage a business. But, the business world is not a safe place.
There is no guarantee that the fiscal or monetary policies will not change, which could result in your business being effectively closed down.
It is possible that your target market will acquire new tastes or needs and make your product/service obsolete.
There is no guarantee that a competitor won’t come along the line, reducing your market share and thereby lowering your profits.
To start a business, you must be self-motivated and optimistic. It is essential to surround yourself with people who share the same mindset and hunger as you.
The same goes for avoiding certain types of people as you embark on your entrepreneurial journey.
These people can not only derail your business vision, but they can also affect your outlook on life. The following are people you should avoid:
1. Avoid people who claim to know it all
Businesses flourish and thrive when their owners continue to seek out new knowledge, better ways to offer a product or service for their customers. This is what keeps businesses such as Apple and Facebook relevant. They continue to innovate, research, and seek out knowledge. This standard is unattainable.
It is crucial to get rid of people who believe they know everything and don’t see the need for improvement.
These people must be avoided because it is essential that your business continues to search for better ways to solve the problems of customers.
2. Avoid people who complain and nag a lot
You will need to be determined and focused in order to start a business. This is why it is so important. This is because you will encounter setbacks and challenges that will make you question why you started your business. Those are the times when you need to be grateful for any little wins that you might have achieved up until then.
You may find yourself surrounded by people who don’t appreciate what you have done, even small ones, but instead whine and throw tantrums about how it can be better. This could lead to a negative outlook on your business or life.
3. Avoid people who massage your ego
Now is the right time to hire staff and advisors to help you launch your business.
It is essential to pay attention to the person who constantly sings your praises, never seems to care about your needs, and always tells you that it is impossible to fail. Avoid people who are cozy with you in this manner.
You and your business require people who are willing to stand up for what is right for your business, even when it is not your opinion.
4. Avoid people who are too pessimistic
Certain people will always see the worst outcome possible for any project or plan. These people would never get out of bed if they could.
These people can make it easy for you to see every business decision or project as a failure or worse.
It is essential to realize that although starting a business can be risky, and it can also be a wise decision if you plan well.
5. Avoid people who desire to always receive all credit
You will need to deploy both human and non-human resources when you start a business in order to meet the needs of your target market.
This means that you will be part of a team that will achieve the goals of your company.
You should avoid hiring people who are self-centered or are not willing to work with others.
They want to be the center of attention and get praise for their accomplishments, regardless of whether it is directly related to them.
These people can disrupt the team’s synergy, cohesion and could lead to a hostile atmosphere within the company.
6. Do not be tempted to cut corners
It is a good thing for your business and yourself to avoid people who are just trying to make a sale or get a deal done. This is not to be confused with employees who go above and beyond in generating sales or gaining new markets. People who are unable to pay the bills will resort to illegal means and methods to achieve their goals.
They could not only cause harm to your business team but also expose your operation to the law.
7. Avoid people who sow discord
Some people get a thrill out of spreading hearsay and business gossip while also smearing others’ reputations in an effort to advance their own cause.
It is a good idea to avoid people who are trying to gain a competitive advantage in your company by creating conflict and standoffs to unfairly blame others.
This is not a complete list. Your success is dependent on you. To ensure that your business runs smoothly, you must make every effort to attract the right people and have the right attitude.