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Sunday, March 6, 2011

Your "To Don't" List

In the this forum we have discussed the necessary attributes for success as an entrepreneur. Here we list some of the traits you do NOT want. This is the list of characteristics to avoid or to release.

Top Three Habits of Highly Ineffective Entrepreneurs:

  • Inability to handle criticism from multiple bosses:  you remain emotional, angry, or defiant after a customer is hostile and might even remain that way for the rest of the day. As an entrepreneur, each customer is your boss, but you can't let them get under your skin.
  • Preference for stability and predictability:  if you need to know the answers before beginning, you might be better off working as a civil servant. 
  • Fear of disappointing people:  if you fail, you might disappoint investors, lenders, your mother-in-law (who knew you would fail at everything), and yourself. That fear restricts some people's ability to succeed. 


We will deal with this topic more later. In the meantime, please take some time to analyze yourself. 

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