These are 3 major players fighting against our business growth and development. In the past weeks, we talked about 3 conditions for business success: customer satisfaction, product superiority and operational excellence.
While these 3 Conditions invariably results to business success, there are also 3 things that destroys all business success. It’s important to note that these killers have to do primarily with the way we think.
Procrastination means putting off work and activities we need to do for a later time. Unnecessary delays affects customer satisfaction, results to poor products and ultimately affects your business efficiency.
Inaction is neglecting to make critical business decisions. We already know that neglect is the chief cause of failure. Neglecting to take consistent action in building relationships with your customers and improving your product and industry knowledge will result to poor business.
Fear is the dangerous enemy. Research shows that the fear of criticism, failure and rejection affects growth and development. For entrepreneurs that fear failure, or sales people that fear rejection are only acting against their goals.
We must understand that the journey to business success requires constant learning. Entrepreneurs must learn to fail forward and take whatever experience as a fuel to move forward and not a reason to stop
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